PUBLIC UTILITIES
CONSOLIDATED BALANCE SHEET, Years Ending Dee. 31
ASSETS— 1929 1928 1927
36,321
"7,701
57,987
ABN connrinmmmismsnin, 5h ssessyumemese onesie esas he
Accounts Receivable ..
suspense Account .
Total Current Assets. ...........ocoinne.
Prepaid Charges .... a.
[IOVESBLIMENLE ....oovmvinssmmmyssrmsiimsrsrsmsamssnssssmsumi ry
City of Trail Bonds. cco. ooooomiiiiiiieanae.
Sinking Fund icin
Plants, LAnd, 60. cmmmmmmmmmmmesmssrsonmss
Autos, Mdse, Equipment......._...................._
TOTAL ASSETS RE, A
0
1
one
3
1
;
08
4,
LIABILITIES-
Accounts Payable
Accrued Charges
Total Current Liabilities... .............._.
Reserve Account
Preferred Stock ..
Common Stock ....
Funded Debt ........
Surplus ....
2,0
65.615
J
=
hb, oud
na
tf
v
22
“0
TOTAL LIABILITIES ....
Working Capital ........._..
tending
¢114,977
$823,450
1,456,500
il. CASCADE WwW, P. .= L. CO., Ltd., T "RST MORTGAGE 41% GOLD BONDS
Interest Payable: May 1 and Nov. _ $75,000 bonds are issued.
at office of Trustee and Registrar. Tax Status: Does not pay U. 8S. nor-
Trustee and Registrar: Royal Trust mal tax.
To., Montreal. Co Security: Secured by a first mort-
Registerable: As to principal. gage on entire property of Cascade
Denominations: Coupon bonds, $£00 Water, Power & Light Co., Ltd. and
Callable: On any interest date on guaranteed as to principal, interest and
months’ notice at par. sinking fund unconditionally by West
Sinking Fund: $4,064 annually to be Kootenay Power & Light Co., Ltd.
appropriated and proportionately in-
creased as and when the remaining Listed on: London Stock Exchange
FUNDED DEBT:
i. Cascade W. P. & L. 1r
2. First Mortgage Bonds...
3. Gen. Mtge. Series A..
2. WEST KOOTENAY P. .. L. CO. Ltd., FIRST 6% GOLD BONDS
Interest Payable: Mar. 1 and Sept. fund to be applied to redemption of
1, at the Bank of Montreal and office bonds by purchase in the market at or
nf Trustee. under 110, or by drawings at the same
Trustee: Royal Trust Co., Montrea. price.
Registerable: As to principal. Tax Status: Company does not pay
Denominations: Coupon, £100. 17. S. normal income tax.
Callable: On any interest date on 3 .
months’ notice at 110. Security: Secured by a first mort-
Sinking Fund: Cumulative sinking gage on the entire property.
3. WEST KOOTENAY GENERAL MORTGAGE SINKING FUND
6% GOLD BONDS, SERIES A
Interest Payable: July 15 and Dec. Sinking Fund: 39% paid annually be-
15. at the Royal Bank of Canada, in ginning in June, 1925, provides for re-
Canada. tirement of issue.
rate: Montreal Trust Co. Mon- Tax Status: Company does not pay
Registernble: As to principal. (7. S. normal income tax.
Denominations: Coupon, $500 and
51,000.
Callable: On any interest date on 60
days’ notice at 105 during first 5 years
and thereafter at 19% less for each 5-
vear period.
75% of expenditures, such as exten-
sions, additions, etc. made subsequent
to mortgage, provided net earnings
have been not less than twice interest
charges on bonds outstanding and to
