210

THOMSON'S MANUA.

1. $6 SERIES CUMULATIVE PREFERRED STOCK
Provisions: Preference as to assets Dividends: Paid $1.50 on Nov. 1, 1929,
and $6 cumulative dividends per an- regularly thereafter.
num. In liquidation entitled to $100 Transfer Agent: Company's office,
per share and accrued dividends. Butte, Mont.
Callable: At any time at $110 and Registrar: Metals Bank & Trust Co,
accrued dividends. Butte, Mont.
Tax Status: Company pays normal Public Offering by: The Company,
Federal income tax up to 2%. Julv. 1929, at $100 per share.
2. COMMON STOCK
Ownership: American Power & Light 1, 1929; quarterly at 25c¢ paid there-Co.
 owns 95% of outstanding stock. after up to and including April 1, 1930.
Dividends: $100 par Common 1924, Transfer Agent: Registrar & Trans-49;
 1925, 4%; 1926, 43%; 1927, 5%; fer Co., Jersey City, N. J.
1928, 59%; 1929 to April 1, 2%. On Registrar: Corporation Trust Co,
no par. initial 25c a share paid July Jersey City, N. J.
COMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. 31 .
ASSETS— 1929 1928 1927
Plants and Equipment.........cccooceeeiercneee.-.$115,466,960 $ 99,777,581 $ 99.124,156
Current Assets:
Cash cvs mmsasessvmemanr
Notes Receivable ........ .
Accounts Receivable
City, County and State Warran:
Material and Supplies...
Prepaid Accounts .._...

Total Current Assets. — 6,004,353
Special Deposits iin in wn Ee 73,795
Unamortized Expense _.oimimaces oes 2,246,635
Employees’ StoCK ire eenonaan
Deferred ChATrZEeS oceoiccciieccir oo comcvecemceevcenenn ee 60,240
TUITAT. ABHRTE mmm ..$123.851.982
ILLIABILITIES—
Capital StOCK reereeeecercreceeeaecameenneene eee 55,924,045
Subscription to Preferred Stoel... _......... 2,248,200
Funded Debt ..ooeaeeene eeereeermaaneee. 48.851,100
Current Liabilities:
Dividends Declared ........ : eenee
Notes and Loans Pevable ..ooirinannaaes
Accounts Payable .. emma
Customers’ Deposits evn
Acceriied Aecoilnts

4,094 107
2,363
2 531.729

4,163,743
5,343
2,691,209
678,120
62.125
¢ 666.724.6906

"986
107.2326.766

$ 49.633,300
45.760.100

$ 49.633.300
46.991.000

715,444
4,100,000
616,721
402,701
1 RK2 039%

620,416
1,478,610
rbot

620,416
400,000
1,109.724
nT 879

Total Current Liabilities... of 7,0 2,918,019
Deferred Credits o.oo... eae 350,227
Reserves . eran 1,724,023
Surplus _.. eee manana 5,178,127
TOTAT. T.TARITJITIES ee 5123.851,982 $107,236,765 $106,724,696
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31
1929 oC 1927
$ 9,370,599
3,437,638
5,932,961
48,129
= 081,090
3,168,387
200,000
«512,703
342,461
e 2.970.242

Gross RevVeNnUe ..o.o.oocooiee i cimimmncrenmennenns
Operating Expense .........ccccooeee-Net
 Earnings ...cooccoccceeueen.
Other INCOME ooememeiiiiicimcceeeeas
Total Income ._.....ccccoeoo.
Interest, Amortization. ete. _.
Depreciation oes
Net INCOME ooeeeeeeieeeececememeeeeene L720 °F
Preferred Dividends .....oooocooiiiiiiiiiinan 90,27
Ralance for Com. Div. & Surplus... $ 4.639.679

$ 4,288,866

FUNDED DEPT, As of Dec. 31, 1929
Rate Matures Authorized Outstanding
7-1-43 $75.000,000 $25,344,000
= .r2 momma $12,500,000
“1 menan $ 3,326,000
me $ 398,000
omen $ 1,533,000
Ce f 750.000

Ist and Refund. Mort...........
Debentures, Series A...
3utte Elec. Pr., 1st Mort.....
Montana Power Trans.........
Madison River, 1st................
Helena Gas & Rlec

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