Sistemul de contabilitate secretă a Societăţii Valea Jiului de Sus şi recalcularea producţiei de cărbune (1926-1930)
Secret accounting system of the Superior Valley of Jiu Society and the recomputing of the coal production (1926-1930)

Summary/Abstract: Secret accountancy of the big coal companies in Jiul Valley are offering plenty of data in order to establish that the total turnover and the amount of sales are exceeding at a very high rate the official published data by the Petroşani and Lupeni companies. These results do sustain the supposition that other coal companies in the Jiul Valley were using the same methods. Although secret accountancy of the Valea Jiului de Sus Company has not been preserved until now, a thoroughgoing examination of archive data does allow remaking the accountant system as it was actually used. Archive data point out that Valea Jiului de Sus Company was to use the same way of gain calculation as Petroşani Company did, at a 30% average rate of profit. It means we have to find out the constituent parts and the total amount of the clear profit in order to compute the total sales figure. The officially reported average output of the company represented 55.295 metric tons of brown coal and its average value amounted to 55.222.332 lei in a year. But our fresh calculations point out a real average of 173.234 t production for a year and an average sales figure of 186.167.622 lei. The fresh computed average output is 3,13 times bigger, and the average value is 3,37 times bigger than the reported ones. As a result of big sales the society achieved a 55.850.348 lei average benefit every year. Even so, the company reported heavy losses in 1930 and it was closed down in the following year due to the consequences of the big world crisis.

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