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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 13