Document NGJ3LdeBO0QwezygLZjr96nrb

AMERICAN BRAKEBLOK DIVISION STATEMENT OF PROFIT AND LOSS 1948 % Year of Sales 1947 % Year of Sales Net Sales Other Income Total Income $8,704,497.67 100.00 5b $7,863,749.66** 100.00 % 9.405.65* .1 2.805.50 .04 SB.695.092.02 99.9 % $7.866.555.16 100.04 % Variable Costs Direct Material Plant Wages Power Plant Ind. Mat. and Exp. Total Va'ble Costs 3,339,733.47 2,034,845.88 108,714.06 570.103.71 S6.053.397.12 38.3 % 23.4 1.2 6.6 69.5 % 3,265,802.73 1,850,484.75 78,774.70 440.225.56 S5.635.287.54 41.5 % 23.5 1.0 5.6 71.7 % Margin for Fixed Costs and Profit *S2.641.694.90 30.4 % 2.231.267.62 28.4 Sb Fixed Costs Salaries $1,004,203.46 Commissions -- Depreciation 191,440.97 Local Taxes, Rent, Fire Ins. etc. 237,014.72 Authority Expense 61,409.11 Adm., Gen'l. Opt'g., Gen'l. Engr'ng., except Salaries 273,996.77 Advertising 179,888.15 Research, except Sal.. 48,527.21 N.Y. Alloc'n Expense 105,600.00 Other Misc. Costs -- Total Fixed Costs S2.101.880.35 Net Profit before Federal Taxes, etc. Federal Taxes, etc. Net Profit after Taxes 539,814.51 221.000.00 318.814.51 Gross Profit on Sales $1,597,721.31 General Overhead 863,626.32 Unfilled Orders End Yr. 1,089,067.21 Inventories End Yr. 1,961,777.98 LIFO Adj. for Year 70,915.29 Capital Exp'rs.for Yr. 451,811.36 Average No. Employees 912 Total Payroll for Yr. 3,039,049.34 11.6 % - 2.2 2.7 .7 $ 954,709.38 27,661.75 126,163.89 175,658.16 50,582.04 3.1 2.1 .6 1.2 -- 24.2 % 343,304.92 227,268.90 44,546.18 105,600.00 -- S2.055.495.22 6.2 % 2.5 % 3.7 % 18.4 % 9.9 % 12.5 % 22.5 % .8 % 5.2 % 35.0 % 175,772.40 72,000.00 S 103.772.40 $1,239,884.40 900,584.13 1,309,790.77 1,953,495.75 198,653.46 1,733,103.51 880 2,805,194.13 12.1 % .4 % 1.6 2.2 .6 4.4 2.9 .6 1.3 -- 26.1 % 2.2 % .9 % 1.3 15.8 % 11.5 % 16.6 % 24.8 % 2.5 % 22.0 5b 35.7 % * - Indicates Red Figure; ** - Discount allowed deducted from sales as done in 1948. SPNY 003795