Profiles of Existing Government Corporations - US Government ...

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.
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Liabilities are composed of:
178
Current llabilitiss S 216,226,OOO
Lang-term obligations 3,350,767,000
Casualty reservmm 68,919,OOO
Deferred crsditm 130.1 4.004
Total liabilitiem aLmuL
Total Debt is Calculatad as:
Current portion of long-term obligations $ 12,176,OOO
Not88 payable 1,119,635,000
Equipment obligations 10,547,000
Kortgage not‘s payable
Total dsbt -
On September 30, 1963,AMTRAX had borroved under notes payable
to the Fedaral Financing Bank (PPB) up to its maximum federal
guaranteed loan authority of $660 million. Thm Federal
Railroad Adminimtration (FRA) paid this obligation plus
$239,635,000 in accrued interest on MTRAN's behalf on
October 5, 1983. A)ppRM and tha U.S. government l xocutad a
nev note in the amount of 51,119,635,000 on October 5, 1983.
This note matures on November 1, 2082, and vi11 be renevod
for successive 99-year terms. Intsrest is payable only in the
event of prepayment or acceleration of the principal.
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