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COMPARATITE PHOFII a 1089 STATEMENTS
For Yesrs Ended Degember 31, 3945 - 1944
Year Zaded
Year Ended
December 31, 1945
December 37, 1944
Brought Forwacd
$535890.80
$925737.82
Deducts Charges against Income
Annuities à Melleal Expenses
$ 4432.31
e
7539.87
Loss on salo of equipment
25.83
55.89
Loss on adandonnent of equipsent
8230.79
000
Service Station Expense
74.47
261.90
Losa on Bea Accounts
15186.00
512.86
Water detage Plant age
-
470.33
Loss on sele of securities
28.55
-
Wiscollaneous expenses
28,40
Provision fer post adjustment
à contingencies
-
28006.35
45000.00
53840.85
Net Profit before Renegotistion &
Taxes
507834.45
871876.97
Leses Provision for Renegotiation
36000.00
14.8000.00
471884.45
723896.97
Provision for Federal Income Taxes
368000.00
623000.00
Net Income
103884.45
100896.97
& of Ret Incoze to Rales
2.908
2.54%
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"ocrText": "COMPARATITE PHOFII a 1089 STATEMENTS\nFor Yesrs Ended Degember 31, 3945 - 1944\nYear Zaded\nYear Ended\nDecember 31, 1945\nDecember 37, 1944\nBrought Forwacd\n$535890.80\n$925737.82\nDeducts Charges against Income\nAnnuities à Melleal Expenses\n$ 4432.31\ne\n7539.87\nLoss on salo of equipment\n25.83\n55.89\nLoss on adandonnent of equipsent\n8230.79\n000\nService Station Expense\n74.47\n261.90\nLosa on Bea Accounts\n15186.00\n512.86\nWater detage Plant age\n-\n470.33\nLoss on sele of securities\n28.55\n-\nWiscollaneous expenses\n28,40\nProvision fer post adjustment\nà contingencies\n-\n28006.35\n45000.00\n53840.85\nNet Profit before Renegotistion &\nTaxes\n507834.45\n871876.97\nLeses Provision for Renegotiation\n36000.00\n14.8000.00\n471884.45\n723896.97\nProvision for Federal Income Taxes\n368000.00\n623000.00\nNet Income\n103884.45\n100896.97\n& of Ret Incoze to Rales\n2.908\n2.54%"
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