16
 

COMPARATIVE CONDENSED GENERAL BALANCE SHEET
 

ASSETS

Dec. 31,1942                                 Investments                                                                                Dec. 31, 1943         Comparison

$699,381,925 39    Investment in road                                                                                              $701,165,868 83       $1,783,943 44 Inc
Investment in equipment

114,169,861 69        Trust                                                                                                                  122,097,260 79        7,927,399 10 Inc

307,941,013 53        Owned                                                                                         ^                       312,706,392 69        4,765,379 16 Inc

123,344,435 36    Improvements on leased property                                                                          125,118,511 63         1,774,076 27 Inc

Cr, 7,238,594 87* Donations and grants                                                                                       Cr.     7,206,592 08              32,002 79 Inc

3,893 75    Sinking funds                                                                                                                            —               3,893 75 Dec

399,515 54   Deposits in lieu of mortgaged property sold                                                                163,216 61           236,298 93 Dec

51,907,072 75    Miscellaneous physical property                                                                               51,969,688 99             62,6l6 24 Inc
Investments in affiliated companies (Note A)

$161,328,974 85              Stocks                                         $168,181,545 98                                        6,852,571  13 Inc

45,251,910 59              Bonds                                             48,061,039 34                                        2,809,128 75 Inc

2,863,092 66             Other secured obligations                 2,964,108 16                                           101,015 50 Inc

34,600,074 32              Unsecured notes                             34,455,074 32                                           145,000 00 Dec

158,810,671 60              Investment advances                      151,857,993 49                                        6,952,678  11 Dec

402,854,724 02                     total investments IN affiliated COMPANIES                                    405,519,761 29
Other investments (Note A)

$28,008,428 73               Stocks                                           $28,032,672 54                                               24,243 81 Inc

8,448,228 86              Bonds                                               8,883,925 76                                           435,696 90 Inc

1,653,377 20              Other secured obligations                 1,648,265 72                                               5,111 48 Dec

108,013 20              Unsecured notes                                     9,702 44                                             98,310 76 Dec

13,776,029 73              Investment advances                         8,430,391  17                                        5,345,638 56 Dec

51,994,077 72                     total other investments                                                                    47,004,957 63

$1,744,757,924 88*                    total investments                                                                        $1,758,539,066 38    $13,781,141 50 Inc

Current assets

$31,846,183 52    Cash (Note B)                                                                                                      $52,896,782 07    $21,050,598 55 Inc

55,837,084 76    Temporary cash investments                                                                                   143,450,000 00       87,612,915 24 Inc

9,778,024 42    Special deposits                                                                                                        13,997,890 59        4,219,866 17 Inc

17,163 70    Loans and bills receivable                                                                                                  494 88              16,668 82 Dec

10,665,377 84    Net balance receivable from agents and conductors (Note C)                                  11,156,500 52            491,122 68 Inc

16,424,433 43    Miscellaneous accounts receivable                                                                           24,540,658 64        8,116,225 21 Inc

36,785,166 52    Material and supplies                                                                                               38,728,982 31         1,943,815 79 Inc

2,212,717 52    Interest and dividends receivable                                                                               2,380,887 20            168,169 68 Inc

660,919 29    Rents receivable                                                                                                           485,914 71            175,004 58 Dec

1,321,290 67    Other current assets                                                                                                  2,177,894 83            856,604 16 Inc

$165,548,361 67                      total current assets                                                                       $289,816,005 75   $124,267,644 08 Inc

Deferred assets

$180,935 31    Working fund advances                                                                                             $193,298 17           $12,362 86 Inc

1,070,284 36    Insurance and other funds                                                                                         1,127,069 27              56,784 91 Inc

4,589.060 32    Other deferred assets                                                                                                 3,774,783  11            814,277 21 Dec

$5,840,279 99                      total deferred assets                                                                          $5,095,150 55          $745,129 44 Dec

Unadjusted debits

$279,856 95    Rents and insurance premiums paid in advance                                                        $252,338 46           $27,518 49 Dec

—    Discount on funded debt                                                                                                39,731 99              39,731 99 Inc

36,344,116 74    Other unadjusted debits (Note D)                                                                        48,688,975 27       12,344,858 53 Inc

$36,623,973 69                      total unadjusted debits                                                                   $48,981,045 72    $12,357,072 03 Inc

$1,952,770,540 23*                                                                                                                           $2,102,431,268 40  $149,660,728  17 Inc

Note A—Carried at cost, or less.

Note B—As of December 31,  1943, includes $2,241,927.47   in Canadian funds.

Note C—As of December 31, 1943, includes $458,248.65 collectible  in Canadian funds.

Note D—As of December 31, 1943, includes $23,861,313-32 estimated amount due from other roads for passenger revenues in
process of audit.    See Note H.

Note E—As of December 31, 1943, comprises liability to lessor companies for which the New York Central is obligated to make
settlement on expiration of the leases:

Equipment   ............................................................................................        $39,576,893 71

Materials and supplies...................................................................................         15,176,065 98

Miscellaneous    .........................................................................................           1,747,976 57

Note F—As  of December  31,   1943,  includes  $1,383,980.84 payable in Canadian funds.

* Restated for comparative purposes.
This balance sheet does not include the assets or liabilities of lessor, affiliated,  terminal  or other companies,  nor the liability of  The New