Examination of Financial Statements of the Panama Canal Company and the Canal Zone Government for the Fiscal Year Ended September 30, 1978

ID-79-31: Published: Jun 27, 1979. Publicly Released: Jun 27, 1979.

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Comparative financial statements of the Panama Canal Company and the Canal Zone Government for fiscal years 1978 and 1977 were examined. Subject to uncertainties related to implementation of the Panama Canal Treaty, these financial statements presented fairly their financial positions. Information contained costs incurred annually on behalf of the Canal organization for which reimbursement to the United States Government is not required.

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