# LCMS Convention Proceedings_St. Louis Missouri_1929_S132
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

Financial Supplement to Report of Concordia Publishing House.

of the fact that our actual profits had been reduced, although our
net worth has increased.
The audit on the year just ended chas not yet been concluded.

Our fiscal year does not close till April 30. It was therefore
impossible to furnish the financial Sulumary in time to be printed
with our regular report as contained in the Reports and Memorials,
pages 149 to 155 inel.

Annual dividends for the three years were $120,000, in spite

the Auditing Board of Synod will be in

Very probably, however,
report, covering also this printed report.

position to make a special

TRIENNIAL REPORT, May 1, 1926, to April 30, 1929.
Titles | Debits | Credits I Resources | Liabtlities | | Losses Gains

Worth, May 1, 1926 ............ $1,176,177.33 $1,228,159.43
Merchandise ................... $1,144,375.85 1,181,465.96 $692,446.77 102,047.80 $627,489.08
Plant ...... 00.00.0000... 000., 716,131.17 635,733.45 $80,397.72
Interest and Discount ........__ 85,744.73 29,008.59 56,736.14
Waste and Rent ............... 11,631.97 11,631.97
Insurance Fund ............... 66,000.00 66,000.00
Dividend Reserve .............. 80,000.00 80,000.00
Dividends Paid ................ 360,000.00
Accounts ...................... 359,324.94 195,244.32 128,173.74 23,992.00 59,898.88
Insurance ..................... 28,751.94 7,382.05 1,920.21 19,449.68
Cash wo... eel! 16,925.06 16,925.06
Bills Payable .................. 267,000.00 267,000.00
Losses and Gains .....,........ 10,849.80 193.27 10,656.53

31,246.05

Depreciation on Buildings ......
Gain occ eee ee. 448,228.15
|| $2,868,103.49 | $2,868,103.49 || $1,621,199.23 | $1,621,199.23 | $670,367.10 $670,367.10
Schedule of Present Worth | . Result of Business, 1926—1999

Merchandise ........................ $692,446.77 || Worth, May 1, 1926 ......0.0.. 0 ec. cc, $1,176,177.33
Plant oo... eel, 635,733.45 || Dividends Paid ......................... $360,000.00
‘Invested Funds ..................... 146,000.00 || Depreciations on Buildings .........0..... 81,246.05
Accounts Receivable ................ 128,173.74 || Reserve for Bad Accounts ............... 5,000.00
Unexpired Insurance ................ 1,920.21 || Gain ..... 0... eee ele! 448,228.15
2) rt 16,925.06 Worth, April 30, 1929 ................... 1,223,159.43

$1,621,199.23 $1,619,406.48 $1,619,405.48
Less Accounts; Reserve; Bills Payable 398,039.80 Respectfully submitted by

$1,225,159.48 Concordia Publishing House.

__ May 24, 1920,

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