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15 TABLE M SUMMARY OP OPERATIONS UNDER PRESENT RATES LAS VEGAS LAND AND WATER COMPANY LAS VEGAS WATER UTILITY Sheet 1 Fixed Capital at Original Cost 1949 Adjusted 1950 Estimated TOTAL OPERATING REVENUES # 202,390 # 2 2 2 ,0 0 0 OPERATING EXPENSES Operation and Maintenance 20,057 25,000 Administrative and General Expenses Las Vegas office Rate case expense 29,966 32,000 W* 1,500 Management expense 9,046 9,000 Office rental v / ' 1,800 1,800 Pensions 1 ,0 0 0 1 ,0 0 0 Depreciation Joint Facility Rents / 12,600 13,900 With. 38$ Federal income tax 115,827 122,910 t« 45^ tt it it - 132,334 Taxes - State, county and city 21,040 24,000 Federal income — o. Total Operating Expenses - With Joint Facility Rents including 38$ Federal income tax #211,336 #231,110 CJl it - 240,534 Net Available for Return - After 38$ Federal income tax (8,946) (9,110) * 45$ " * n - (18,534) Rate Base (Table F) ( ) Red figure #588,200 #666,800