This transcription has been completed. Contact us with corrections.
BACAS, GATES, & POTTER ISLAND AIR FERRIES, INC. Statement of Profit and Loss for the year ended December 31, 1947 OPERATING REVENUES [[3 columned table]] | Transportation: Charter and Special | --- | $ 1,313.33 | | --- | ---| --- | | Other Revenues - net: | --- | --- | | Services and sales | $30,722.13 | --- | | Rentals from operating property | 4,545.10 | --- | | Other incidental revenues | 7,975,73 [[7,975.73]] | 43,242.96 | | --- | --- | --- | | Total Operating Revenes | --- | $44,556.29 | OPERATING EXPENSES [[3 columned table]] | Flying operations | $5,983.36 | ---| | Flight equipment maintenance | 764.98 | --- | | Depreciation - flight equipment | 11,328.68 | --- | | --- | --- | --- | | Total | --- | $18,077.02 | | --- | --- | --- | | Ground operations | $9,911.75 | --- | | Ground equipment maintenance | 1,096.51 | --- | | Equipment maintenance | 3,052.84 | --- | | Passenger service | 513.29 | --- | | Advertising and publicity | 58.92 | --- | | General and administrative | 40,443.06 | --- | | Depreciation - ground equipment | 699.99 | --- | | --- | --- | --- | Total | --- | $55,776.36 | | --- | --- | --- | | Total Operating Expenses | --- | 73,853.38 | | --- | --- | --- | | Operating Loss | --- | $29,297.09 | | --- | --- | --- | | Non-operating income | --- | 90.40 | | Loss before Other Deductions | --- | $29,206.69 | | --- | --- | --- | | Other Deductions: | --- | --- | | Retirement of operating propery [[property]] | $1,299.99 | --- | | Interst paid | 1,279.76 | 2,579.75 | | --- | --- | --- | | Loss for the period | --- | $31,786.44 |