EXHIBIT S-262F Condensed statement of assets, liabilities, and capital of the Baltimore & Ohio R. R. Co. and the Pennsylvania R. R. Co. for the years 1947 and 1948 Statistics of rail-line operations of the Baltimore & Ohio R. R. Co. and the Pennsylvania R. R. Co. for the years 1947 and 1948 EXHIBIT S-263 DATA RELATING TO RATES OF RETURN ON STOCKHOLDERS' INVESTMENT AND ON TOTAL INVESTMENT FOR SEVERAL LARGE RAILROAD COMPANIES FOR THE YEARS 1947, 1948, AND 1949 (Interstate Commerce Commission Bureau of Accounts and Cost Finding, Washington 25, D. C.) The rates of return and other data for the several large railroad companies that are presented in the attached tables prepared by the Bureau of Accounts and Cost Finding of the Interstate Commerce Commission were compiled from the basic data in the annual reports filed by the companies with the Interstate Commerce Commission for the years 1947, 1948, and 1949. The tables on sheets 2 (exhibit S-263A) and 3 (exhibit S-263B) present the rates of return on stockholders' investment and the total investment (invested and borrowed capital) both before and after provision for payment of Federa! income taxes. The stockholders' investment, shown on sheet 4 (exhibit S-263C), includes the total average capital stock outstanding and the surplus for each year. The total investment, shown on sheet 5 (exhibit S-263D), includes in addition long-term debt of the companies. The net income (or profit), shown on sheet 4 (exhibit S-263C), used in computing the rates of return for stockholders' investment is the reported net income. The net income (or profit), shown on sheet 5 (exhibit S-263D), used in computing the rates of return for the total investment is the reported net income before deductions for interest and discount charges on long-term debt. Data pertaining to net income (or profit) is shown on sheet 6 (exhibit S-263D); and data pertaining to assets, liabilities, and capital, is shown on sheet 7 (exhibit S-263E). Statistical data of mileage and traffic handled is shown on sheet 8 (exhibit S-263F). The data were prepared for and upon request of the Committee on the Judiciary, Subcommittee on Study of Monopoly Power, of the House of Representatives, U. S. A. WASHINGTON, D. C., May 1950. EXHIBIT S-263A Rates of return on stockholders' investment (capital stock and surplus) for several railroads for the years 1947, 1948, and 1949 EXHIBIT S-263B Rates of return on total investment (invested and borrowed capital) for several railroads for the years 1947, 1948, and 1949 Income (profit) on Stockholders' investment (capital stock and surplus) for several railroads for the years 1947, 1948, and 1949 [Source: Basic data taken from annual reports to ICC] |