THE NEW YORK CENTRAL RAILROAD COMPANY

Profit and Loss Account

BALANCE TO CREDIT OF PROFIT AND LOSS DECEMBER 31, 1941.......
 

$174,468,421
 

ADDITIONS:

Net Income for the Year 1942
 

Salvage from Retired Road Property

Donations........

Sundry Items.......
 

DEDUCTIONS:

Dividend for the Year 1942...............

Surplus Appropriated for Investment in Physical Property.....

Retirement of Road Property (Non-Depreciable)........

Difference Between Appraised Value of Equipment of Certain Lessor
Companies Retired from January l, 1935, to December 31, 1940, and
 

Depreciation Accrued Thereon
Sundry Items.......
 

$ 49,082,183

51,972

15,892

705,063
 

$    6,447,394

97,958

3,532,833
 

11,413,400
1,225,741
 

49,855,110
$224,323,531
 

BALANCE TO CREDIT OF PROFIT AND LOSS DECEMBER 31, 1942
 

22,717,326
$201,606,205
 

Of the total funded debt of The New York Central Railroad Company and its lessor companies outstanding on December 31,
1942, the following amounts, including sinking fund payments, amounts due the State of New York in connection with
certain grade crossing eliminations, and amounts due for equipment acquired under lease agreements assigned to banks,
mature within the succeeding ten years.
 


 

Equipment
 

Bonds and
 


 


 

Equipment
 

Bonds and
 


 

Year    '
 

Obligations
 

Miscellaneous
 

Total
 

Year
 

Obligations
 

Miscellaneous
 

Total
 

1943    .
 

$8,020,924
 

53,483,943
 

•511,504,867
 

19 Al    .
 

$5,033,241
 

$458,943
 

$5,492,184
 

1944    .
 

8,020,924
 

4,458,943
 

12,479,867
 

1948    .
 

4,956,545
 

458,943
 

5,415,488
 

1945    .
 

6,175,924
 

3,588,943
 

9,764,867
 

1949   .
 

4,922,545
 

458,943
 

5,381,488
 

1946   .
 

5,223,924
 

11,490,943*
 

16,714,867
 

1950    .
 

3,984,808
 

5,308,943
 

9,293,751
 

* Includes
sinking fi
 

$11,032,000  of the
nd bonds due 1946,
sue  retirement  of  •«
of the sinking fund
 

Company's ten-year 3^4%  secured
representing the maximum amount
rhxch  is  not  provided   for  through
or otherwise.
 

1951     .

1952     .

Total   .
 

2,876,000
286,000
 

7,519,943
62,350,143
 

10,395,943
62,636,143
 

of  this   is
operation
 

.    $49,500,835
 

$99,578,630
 

$149,079,465