Year book of motion pictures (1925)

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Loew's, Inc. WITH COMPARATIVE STATEMENTS FOR 1924 AND 1923 ASSETS 1924 1923 Current and Working: Cash $2,139,895.97 $808,362.21 Receivables: Accounts receivable $798,970.17 $431,271.36 Notes receivable 108,837.69 64,123.50 Due from affiliated corporations (less than 100% owned) 1,142,062.98 1,270,837.79 2,049,870.84 ■ 1,766,232.65 Inventories : Films in process, completed and released (after amortization) $6,191,838.58 $2,057,526.96 Film advertising accessories 155,267.79 211,627.28 Theater and studio supplies 201,102.13 73,516.11 6,548,208.50 2,342,670.35 Advances : To producers, secured by productions $2,160,015.41 $2,384,261.57 Mortgage and interest payments 159,126.09 127,675.79 2,319,141.50 *2, 539, 565. 44 Total current and working assets $13,057,116.81 $7,456,830.65 Investments: In affiliated corporations $5,606,853.20 $3,374,894.01 Deposits on leases and contracts 288,883.08 234,878.06 Miscellaneous 400.945.27 12'9,366.10 $6,296,681.55 $3,739,137.17 Property 100% Owned: Land $4,422,797.57 $4,286,194.04 Buildings and equipment 16,820,650.96 13,546,633.44 Leaseholds 307,498.84 242,498.44 $21,550,947.37 $18,075,326.32 Less reserve for depreciation 2,708,980.83 1,495,141.12 $18,841,966.54 $16,580,185.20 Deferred 740,262.98 704,774.65 Leases, contracts and goodwill 10,977,083.30 11,039,096.15 $49,913,111.18 $39,520,024.82 LIABILITIES Current : Accounts payable $2,437,309.64 $926,145.48 Notes payable 1,602,862.50 226,250.00 Theater admission taxes 18,590.97 153,952.95 Federal income taxes (net).. 185,795.18 215,060.17 Accrued interest 161,446.51 129,844.59 Advances from affiliated corps 173,467.13 68,096.76 Total current liabilities $4,579,471.93 $1,719,349.95 Dividend payable Sept. 30 530,390.00 Subsidiary corp. dividend payable Sept. 15 ... 78.173.78 Bonds, mortgages and collateral trust obligations of subsidiary corps 9,216,377.88 7.965.333.34 633