Table 4 Revenue and expenses 1836–1852 (...

Table 4

Revenue and expenses 1836–1852 (reales de vellón)

Year	Expenses	Revenue	Operating result	Expenses over revenue (%)
1836*	463,230	200,910	−262,320	2.31
1837	293,793	192,938	−100,855	1.52
1838	232,523	220,934	−11,589	1.05
1839	259,539	215,944	−43,595	1.20
1840	204,519	199,811	−4,708	1.02
1841	154,756	146,117	−8,639	1.06
1842	189,950	157,130	−32,820	1.21
1843	245,654	222,839	−22,815	1.10
1844	205,559	163,213	−42,346	1.26
1845	252,934	263,859	10,925	0.96
1846	214,792	238,615	23,823	0.90
1847	228,353	317,723	89,370	0.72
1848	272,415	367,437	95,022	0.74
1849	286,071	401,753	115,682	0.71
1850	316,823	402,336	85,513	0.79
1851	266,412	249,657	−16,755	1.07
1852**	57,631	57,263	−0.368	1.01
TOTAL	4,144,954	4,018,479	−126,475	1.03

Year	Expenses	Revenue	Operating result	Expenses over revenue (%)
1836*	463,230	200,910	−262,320	2.31
1837	293,793	192,938	−100,855	1.52
1838	232,523	220,934	−11,589	1.05
1839	259,539	215,944	−43,595	1.20
1840	204,519	199,811	−4,708	1.02
1841	154,756	146,117	−8,639	1.06
1842	189,950	157,130	−32,820	1.21
1843	245,654	222,839	−22,815	1.10
1844	205,559	163,213	−42,346	1.26
1845	252,934	263,859	10,925	0.96
1846	214,792	238,615	23,823	0.90
1847	228,353	317,723	89,370	0.72
1848	272,415	367,437	95,022	0.74
1849	286,071	401,753	115,682	0.71
1850	316,823	402,336	85,513	0.79
1851	266,412	249,657	−16,755	1.07
1852**	57,631	57,263	−0.368	1.01
TOTAL	4,144,954	4,018,479	−126,475	1.03

Note(s): *Data from March 1836

**As previously mentioned, production was suspended in 1852 to develop a research plan and install new machinery

Source(s): Own elaboration, operating result and the expenses over revenue percentage were calculated by the authors, using the figures in the general ledger

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