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‚ani110 a'yınderoeƐ Irinoled
„Amatzroh
„diel,redanoel .Jai
•
.YO
COPY.
Conclosure.
42
Not taking into consideration the interests due
to Capital invested, our books show the following working profits:-
1
per 1913
1914
$ 59,340.54
* 26,436.89
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„trieveč bar 19 (,68)
•Viajetoel LeinoloD
1915
Total
• 38.615.66 312 €395.09
A gratuity of 84,597.70 (equal to that per 1914) for the under-
signed has already been deducted from the above mentioned profit
por 1915. Furthermore I should like to point out that Mr. Ingenohl
charged us with the following amounts, being our part of the cost of the administration at Antwerp:-
per 1913
1914
1915
Francs 20,746,25 or $ 8,298.50
9,591.25
4,098.82
3.502.40
These sums are, of course, deducted from above profits.
Mr. Ingenohi charged us for interests
Francs 94,852.70 or £ 37,941.08
per 1913
1914
1915
Tet
·
106,806.73 or 45,643.90
113.689.95
BIL, EVI
.
5.91
This will show you that, besides paying for the years 1913/1916 $15,899.78 costs of administration at Antwerp, of the 8% interests
of the invested capital, $2,918.80 mly remained uncovered for this period.
The balances due to Mr. Ingenohl, respective the capital invested, were on
„JIBONAI .I.0
ist. January 1913
$488,536.20
1st.
ist.
1914
1915
"508,450.14
"572,150.95
In 1913/1914 a new wing was added to the factory, the cost of which is 897,160.41. In the above amounts due to Mr. Inganohl zre included 861,095.39 cost of first installation. This sum comprises the losses (including Mr. Ingenohl's interests) sustained in the
F
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