11
 

THE NEW YORK CENTRAL RAILROAD COMPANY

Condensed General Balance Sheet

December 31, 1945 and 1944
 

ASSETS

INVESTMENTS:                                                                                                         I945                        I944

Road...................     $   709,012,198     $   705,299,039

Equipment.................          462,774,799          438,442,807

Improvements on Leased Property.........           127,227,310          126,200,959

Acquisition Adjustment, Donations AND Grants.....   Cr.      8,045,262  Cr.      8,118,652

Depreciation and Amortization Defense Projects.....   Cr. 335,882,943  Cr.  274,220,986t

Capital AND Other Reserves............              3,376,490            11,155,0081

Miscellaneous Physical Property Less Depreciation       .     .     .            36,556,418            37,223,3901

Affiliated Companies:   (Stocks, Bonds, Notes and Advances)     .          403,166,778          403,344,938t

Other Investments:   (Stocks, Bonds, Notes and Advances)    .     .            47,597,920           47,350,868

Total.................     $1,445,783,708     $1,486,677,371 f

CURRENT ASSETS:

Cash, Special Deposits and Temporary Investments    ....     $   175,670,612     $   185,531,1701

Materials and Supplies.............            39,979,055            41,128,079

Other Current Assets.............            57,565,722            66,571,2891

Total.................     $   273,215,389     $   293,230,538t

DEFERRED ASSETS AND UNADJUSTED DEBITS.....     $     15,710,224     $     15,340,313t

$1,734,709,321     $l,795,248,222t
 

LIABILITIES

Capital -Stock, Out.standing (6,447,413 Shares Without par Value)  .     .     $   562,332,486    $   562,332,486

Mortgage Bonds................          488,806,000          501,815,000

Debenture Bonds................              5,500,000              5,500,000

Equipment Obligations..............            62,993,281            53,640,121

Amounts Payable to Affiliatd Companies (Note A) ■.....            46,636,927            51,764,251

Current Liabilities...............           123,430,747          193,681,2471

Deferred Liabilities and Other Unadjusted Credits.....           139,930,852          135,981,013t

Insurance Reserves................              5,855,425              5,760,114

Unearned Surplus................                     7,124                    5,814

Appropriated Surplus...............              8,429,545              8,384,023

Earned Surplus (Note B)..............          290,786,934          276,384,153
 

$1,734,709,321    $1,795,248,2221
 

Note A—Comprises liability to lessor companies for which the New York Central is
obligated to make settlement.

Note B—Includes $29,405,935 transferred from earned surplus accounts of com¬
panies consolidated January 1, 1915.

This balance sheet does not include the assets or liabilities of lessor, affiliated, terminal or other companies, nor the liability
of The New York Central Railroad Company as guarantor or under leases or otherwise with respect to the securities or
obligations ot other companies.
■[Re-stated for comparative purposes.