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EASTERN AIR LINES, INC.
BALANCE SHEET 
as of October 31, 1954

CURRENT LIABILITIES:

Accounts Payable:
General ... $ 3,719,991
Collections as agents ... 2,298,164
Airline traffic accounts ... 5,560,619 
$ 11,578,774

Accrued salaries and wages...$1,425,664
Accrued interes...99,370
Accrued taxes...13,457,961
Dividends declared...619,790
Air travel plan liability...3,413,600
Unearned transportation revenue...4,835,518
Other current and accrued liabilities...624,646
Total Current Liabilities...$26,055,323

Long Term Debt:... $36,000,000

Deferred Credits:
Installments on capital stock...11,427
Other deferred credits...1,642,084
$1,653,511

Operating Reserves:
Reserve for aircraft overhaul...4,279,541
Reserve for engine overhaul...2,211,580
$6,491,121

Capital Stock:
Common stock-$1.00 par value per share
Outstanding 2,480,109...$2,480,109

Surplus:
Capital surplus...$5,487,509
Unappropriated earned surplus... $43,998,053
Profit-Year to date...$3,555,875
Total earned surplus...$47,553,928
Total Surplus...$53,041,437

Total Liabilities and Capital...$135,721,501

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