COMPARATIVE GENERAL BALANCE SHEET

LIABILITIES
 

December 31,1947
$562,332,426 40    Capital stock
 

December31,1948
$562,332,426 40
 

33
 

Increase
Decrease
 

Long term debt
 

$470,063,000 00
5,500,000 00

$475,563,000 00
90,041,040 00
43,238,046 56
 

$1,171,174,512 96
 

Funded debt unmatured

Mortgage bonds
Debenture bonds
 

Equipment obligations

Amounts payable to affihated compani
 

TOTAL long term DEBT
TOTAL CAPITALIZATION
 

i (Note D)
 

$468,612,000 00
5,500,000 00

$474,112,000 00
115,835,760 00
42,169,045 73
 

$1,194,449,232 13
 

$1,451,000 00
25,794,720 00
1,069,000 83

$23,274,719 17
 

Current liabilities

$12,578,041 46    Traffic and car-service balances payable

37,187,765 81    Audited accounts and wages payable {Note E)

13,837,561 02    Miscellaneous accounts payable

3,260,235 49    Interest matured unpaid

197,306 60    Dividends matured unpaid

4,759,603 48    Unmatured interest accrued

—    Unmatured dividends declared

23,514,832 98*  Accrued accounts payable

17,731,949 94    Taxes accrued

17,136,947 72    Other current liabilities
 

$130,204,244 50*
 

r liabilities
 

$8,442,676  66

37,183,333  52

17,389,814  04

3,036,321  51

151,232  85

4,929,042  61

3,223,696  98

21,322,314  57

15,319,144  96

14,589,783  63

$125,587,361  33
 

$4,135,364 SO

4,432 29

3,552,253 02

223,913 98

46,073 75

169,439 13

3,223,696 98

2,192,518 41

2,412,804 98

2,547,164 09

$4,616,883 17
 

Deferred liabilities

$4,216,763 42    Liability to lessor companies for equipment
34,482,828 74   Other deferred liabilities {Note F)
 

total deferred liabilities
 

$4,216,763 42
32,706,267 12
 

Unadjusted credits

$18,787 25    Premium on funded debt
6,329,206 OS    Insurance reserves
32,352,422 33* Other unadjusted credits (Note G)
72,821,329 65    Accrued depreciation—Leased property
 

TOTAL unadjusted CREDIT.'!
 

$9,599 33
6,209,594 07
31,184,061 38
73,282,251 89

$110,685,506 67
 

$9,187 92

119,611 98

1,168,360 95

4(>0,922 24

$836,238 61
 

Unearned surplus

Earned surplus—Appropriated

Earned surplus—Unappropriated (Not
 

$35,213 09

9,479,397 89

2(.5,627,623 95

$275,142,234 93                     total si

$1.726,742,329 83*

Italics indicate decrease.

York Central Railroad Comoany as guar
 

$35,517 30

7,919,758 27

:78,M8,663 43
 

$1,754,249,069 67
 

$304 21
1,559,639 62
13,021,039 48
 

See page 34 for notes.                      * Reclassification of (Jencrai Balance Sheets Accounts,

ntor or under leases or otherwise with respect to the securities or obligations of such companies.