# LCMS Convention Proceedings_St. Louis Missouri_1950_S1208
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

: Financial Report of Concordia Publishing House

ST. LOUIS, MO. .

For the Triennium: May 1, 1947, to April 30, 1950

Operations
Sales $8,400,004.24
Other Income (Net) _... 37,788.26
Merchandise, Material Purchased _._____ $5,564,390.42
Administrative and Selling Expenses ___ 1,849,493.38
‘Addition to Worth —— 1,023,908.70

$8,437,792.50 $8,437,792.50
Result of Operations

Worth, 5/1/47 $1,363,925.86
Funds Transferred to Synod —______._.____. $350,000.00
Appropriation for Employees’ Retirement

Plan — Prior Years’ Service 100,000.00
Addition to Worth ____..____. $1,023,908.70
Less: Net Addition to Reserve ;

for Plant Expansion 141,651.06 882,257.64

Worth, 4/30/50 796,183.50

Analysis of Worth, 4/30/50

Assets
Cash on Hand and in Banks...” $ 631,496.35
Government Securities —___ an 251,125.00
Accounts Receivable 265,186.83

Inventories, Merchandise and Supplies . 1,055,807.36

Plant 635,176.94
Total Assets __.... $2,838,792.48
Liabilities
Accounts Payable .... $203,465.46
Due Subscribers 0 403,775.46

Reserve for Plant Expansion 435,368.06 1,042,608.98
Worth, 4/30/50 $796,183.50

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