216


CONCORDIA FIRE INS. CO.
ITNI )ERlITERlS AND INVESTMENT EXHIBIT--Coiitinued.




Add interest, dividends and rents
nccrned  December 31, end      of
the year .......................
Interest and rents earned during
the year .......................
PIROFIT ON INVESTMENTS
Grain from sale of ledger assets
Gaiin from increase in book value
of ledger assets ................
Profit on investments during, the
year  ...........................
Investment income earned during
the year ........................
LOSS ON INVESTMENTS.
Loss from decrease in book value
of ledger assets ................


2, 488 61


$81,837 54  ..............


$1,707 61
1,114 69


2822 30    ..............
_ _


$84,659 84


$6,157 63


INVESTMENT EXPENSES.
Investment expenses incurred and
paid during the year ..........
Investment losses and    expenses
during the year ................
Gain   from  investments   during
the year ........................


2,111 16


MISCELLANEOUS EXHIBIT.
Dividends declared to stockholders
during the year ................
Increase ill special reserves ....
Gain   from   other sources:   Pre-
mium    on  increase   of capital
stock   ..........................
Net gain from   - above..............
Total gains and losses in surplus
during the year ................
Surplus Dec. 31, 1911 ............
Surplus Dec. 31, 1912 ...........
Inerease in surplus during the
y ea r ............................
Totals ...              ........


..............
..............
Gain in
Surplus.
..............
..............
$300,000 00
$227 105 48
$303,496 53
..............
..............
..............
$303,496 53


8,268 79
$76,391 05
Loss in
Surplus.
$62,894 52
10,000 00
..............
..............
$47,470 34
..............:
..............
256,026 19
$303,496 53


$244,534 51
500,560 70




Per cent of losses incurred to premiums earned, 58.3.
Per cent of underwriting expenses incurred to premiums earned, 46.2.
Per cent of investment expenses incurred to interest and rents earned, 2.6.
Per cent of total losses and expenses incurred and dividends declared to
total income earned, 102.9.