4 _ 
 THOMSON'S MANUAL 
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31 
1928 
$85,367,771 
25,977,424 
- ,248 
1927 
$80,273,327 
25,638,087 
1,162,590 
2,598,260 
507,877 
10,824,907 
Gross Sales eoricerececeeeeeerrerecenecrecnrmcecmcrennenen- $88,864,519 
Operating Profits ...... ceemeeee 34,378,472 
General EXpPenses ..coo.ooccoccccceciccccceveceneemeeeeeee. 1,307,164 
TAXES eeceeeemmmmmmmmeemeesmmmmmmecmcearocneeennenennnnsmsnsssssneees 908,341 
Provident Fund comm mmmmmresmmnre [i 
Depreciation ..occceceececoccenicccreirrccccceececnneeee.. 15,129 
Net Income ....... 
DJther Income ... 
1( 
4,453 
552.961 
Total Income ............. 
Tixed Charges ....... 
Balance .......co.ooiiiiiiiiiiians 
Common Dividends 
"27 114 
»7R,920 
11,048,494 
3,475,837 
p 572,657 
$2.65 
Surplus for the year... 
Tarned, per share Common stock......... 
_.oT 
$3.56 
COMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. 31 
ASSETS— 1929 
Dil Lands, Rights & Leases................$151,882,561 
Dil Wells and Development__............ 59,060,877 
Absob. Plants & Gas Facilities........ 6,169,196 
Pipe Lines & Storage System........... 18,892,818 
Steamships & Marine Equip. ........... .2,605,344 
Refineries ...cccce.coe. ceeeeeemnee 21,068,310 
Marketing Stations ooo... 30,531,121 
Invest. in Control. & Aff. Co.s.......... 714,277 
Deferred ChAaTECS .......seisssissmssssnssse 292.681 
Current Assets: 
CASH eooeeeeeeerermeem cero ceameem eee rene en mans aanan 7,839,906 
UJ. 8S. Govt. & Other Bonds.....ccceeeueeeeeee. 7,933,262 
Accts. & Bills Receivable.._................. 0,346,004 
Employees’ Stock Subscriptions........ — 
Crude and Refined Oil............ eann he 77g 
Materials and Supplies ... nil i» 5 
Total Current Liabilities.............$ 68,7+ ,084 
TOTAL ASSETS .oceeeeeeen ceeeennnnne.$370.416.269 
LIABILITIES— 
Tapital Stock .ceoeeoreeeeeeeeeennenn-. $105,39 8,825 
Employees’ Stock Subscrintions........ 148,000 
Bonded Debt .eemcaeeeaen eeeeeeeee 20,337,500 
Purchase Obligations ... neeneeennn 1,207,000 
Depletion Reserve .....eeciccreeeeeeeee. 16,885,630 
Depreciation of Plant, etc. ..ococoeee...... 32,548,793 
Drilling Expenditures .....ccccccceeeeceeeeeee 29,774,833 
[Insurance & Contingency Reserve... 293,324 
Appreciation of Proven Oil Prop...... 10,878,559 
Premium on Sale of Capital Stock... 3,799,930 
Earned Surplus .ceeeeeeeoececeecceeeeceen 29,196,822 
Current Liabilities: 
Accounts Payable ....o.ioeeoeeieees 
Reserve for Taxes................ 
‘nterest Accrued ............... 
Total Current Liabilities. 
1927 
$149,623,951 
48,765,057 
5,025,309 
15,959,086 
12,674,574 
17,441,357 
24,658,159 
1,213,875 
635.350 
9,205,209 
9,000,000 
9,199,615 
116,405 
26,749,990 
2 N05 R59 
3 57.777.078 
£222 773.7986 
3 94,798,100 
203,275 
23.810.500 
75,565,671 
44,938,589 
23,276,262 
915,023 
40,878,559 
19 738.275 
5,416,770 
3,883,091 
349.781 
$ 9,649,642 
$333,773,796 
48,127,436 
601 
- 632 
12,480 
5.527.556 
10-1 
TOTAL LIABILITIES ....._ __ _.... 6,269 
Net Working Capital...creeeeeeeeereneeo.. 55,851,031 
Ratio Cur. Assets to Cur Liab... 6.91 
x 
FUNDED DERT. As of May 1, 1930 
L. 
2. 
3 
Rate 
Ist Lien S. F. Bonds. 3% 
20-Yr. Gold Series A . Ec 
10-Yr. S. F. Series C.... iY 
15-Yr. Debentures ........cc........ 5% 
Guaranteed Bonds 
Union Atlantic Co. Bonds...41%9% 11-15-27 11-15-37 $4,000,000 
*Jointlv guaranteed bv Atlantic Refining Co. and Union Qil Co. 
Dated 
1-2-1171 
5-1-22 
2-1-25 
4-1-2320 
Due 
{-2-31 
TeT 49 
2 
I 4 _4At 
Authorized 
$20,000,000 
$10,000,000 
“10,000,000 
215. 000.000 
Outstanding 
$1,082,000 
$8,934,500 
$8,300,000 
$15.000,000 
24 000.000