Total and $360,000.00 on December 15, 1966. Notes payable - short term Current requirements of long-term debt Accounts and insurance premiums payable, and accruals Accrued taxes (notes 1 and 4). Reserves for dealers and agents. Unearned insurance premiums. Long-term notes payable - nonsubordinated (noncurrent portion): Subordinated debt (noncurrent portion): 42% subordinated notes - maturing $144,000.00 annually through 1965, 5% capital notes - maturing $70,000.00 annually through 1969, and $19,235,000.00 $12,500,000.00 999,000.00 999,000.00 906,137.02 663,583.76 379,640.55 314,564.53 733,063.61 601,336.84 676,025.67 573,396.30 3,042,051.86 1,901,992.12 $420,000.00 on June 1, 1970. 1,050,000.00 1,120,000.00 6% sinking fund capital debentures - sinking fund contributions $85,000.00 annually 4%, maturing $400,000.00 annually through 1965 434%, maturing $300,000.00 annually through 1968 1959, 19,617 shares; 1958, 19,722 shares. 1,961,700.00 1,972,200.00 6% cumulative, 1958 series; authorized, issued, and outstanding, 5,000 shares 6% cumulative, 1956 series; authorized, issued, and outstanding, 5,000 shares Common - $5.00 par value; authorized, issued, and outstanding, 125,000 shares 500,000.00 500,000.00 500,000.00 500,000.00 625,000.00 625,000.00 Surplus: Earned (retained earnings) - including $250,000.00 of earnings Total stockholders' equity. Total noncurrent portion of subordinated debt and stockholders' equity. See the accompanying notes to financial statements. 2,693,282.24 2,430,379.61 Deduct: Total income Net operating expenses Provision for losses Amortization of excess of cost of a finance subsidiary's stock over Total deductions 6,134,199.68 5,439,974.09 3,760,914.18 2,949,367.08 396,080.36 544,384.96 3,930.24 3,930.24 4,160,924.78 3,497,682.28 1,973,274.90 1,942,291.81 $ 551,040.63 $ 546,425.52 Remainder Income: Finance charges earned on discounts Interest earned on wholesale and sundry receivables Insurance premium income, less losses and loss expenses 1959 $3,238,567.51 183,422.00 1958 116,647.48 70,597.00 2,043,871.90 1,942,291.81 1,227,231.27 1,171,867.01 816,640.63 770,424.80 265,600.00 223,999.28 Add deferment of development expenses excess of expenses of new direct loan offices Net operating income before cost of borrowings and federal and state taxes on income |