THE NEW YORK CENTRAL RAILROAD COMPANY

Earned Surplus Account

BALANCE TO CREDIT OF EARNED SURPLUS—JANUARY 1, 1943........$201,606,205

ADDITIONS:

Net Income for the Year 1943...........$62,734,050

Sundry Items................              793,559            63,527,609

$265,133,814

DEDUCTIONS:

Dividend Appropriations of Surplus..........          $9,671,091

Surplus Appropriated for Investment in Physical Property   .      .      .      .               123,736

Retirement of Road Property............               439,306

Loss on Sale of Property in New York City........              472,335

Sundry  Items................              940,418            11,646,886

BALANCE TO CREDIT OF EARNED SURPLUS DECEMBER 31, 1943.......$253,486,928
 

Of the total funded debt of The New York Central Railroad Company and its lessor companies outstanding on December 31,
1943, the following amounts, including amounts due the State of New York in connection with certain grade crossing
eliminations, mature within the succeeding ten years.
 

Year
 

Equipment
Obligations
 

Bonds and
Miscellaneous
 

Total
 

Year
 

Equipment
Obligations
 

Bonds and

Miscellaneous
 

Total
 

19 AA     .

1945     .

1946     .

1947      .
 

$8,511,440
6,666,AA0
5,714,440
5,553,342
5,486,545
5,452,545
 

$463,759
593,759
463,759
463,759
463,759
463,759
 

$8,975,199
7,260,199
6,178,199
6,017,101
5,950,304
5,916,304
 

1950    .

1951    .

1952      .

1953     .

Total   .
 

$4,514,809

3,406,000

816,000

530,000

.    $46,651,561
 

$5,313,759
7,474,759

59,068,959
3,458,759
 

$9,828,568

10,880,759

59,884,959

3,988,759
 

1948    .

1949     .
 

$78,228,790
 

$124,880,351