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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Itis all on your report. You are abater company an another company furnishes the report. Cor * t you thin the water company should he able to explain its own report to the commieslent MB. SeMlSBi lad I had any idea this would come out I ft* uld hare had a mmt, here from Omaha. SIB* SIXfQf* It still o m m back that no attmtp b m been »»d« to keep tract of the cash. Yon can see fro® that report that In 1931 the fixed capital was practically §$3*000. In ltS$ it le only §93*000* and down lathe retirement reserve you have §30,000* and you have depreciation, hut there is considerable money from your water eoifipiny going' to other use* I we lust taking your own figures. You can see la 1937 the surplus was §10,000, a»d if you. take the animal report, the surplus w as §6900 for last year, hut there la no continuity* It starts fresh each year. So business can run without cash on feted. You have your accounts receivable m you have your taxes and ether expense® and: from a $0,000 common stock proposition we get into §4,000*000* The have added a million to this one year and §500,000 to anotheryear* but evidently they are getting about §5$,000 of your enteh in there* »tas Vegas hand & later Oo. It is your §50,000, but advances to the has Vegas hand It later Company when it was §3*000*000 they put in another §1,000,000 Investments made during the year, and one year they reported §18*000 *» being received, but it Is the only year I can find* ^h&t is the Onion Baclfic* I to Just injecting this In because X think it needs some explain all Oft* $,&s§ Vegas p n d 3 later Company divi dents or interest fur the year are §18*000. That is about the Joint facilities rental* There are two ways that the ICC »&fci you account for these items* The first in^they could take all the costs for water here and show what you get for water here and subtract what you get fro® the 9it) water and put the balance in as the coat of the water Instead, of counting any receipts at all as cash. Just deduct it fro® the exp' of the water* But it looks to me like the annual report of the 40