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January 11, 1951 ( ) HFC BASIS FOR PRO-RATING WATER EXPENSE BETWEEN UNION PACIFIC RAILROAD AND LAND AND WATER CO. (as furnished by the Auditor’s office of the U.P.RR at Omaha*) The property of the Railroad Company involved with the water utility was listed as follows: Land # 34,985*88 Improvements 731.820*30 | 766, 806.18 Annual Expense: Interest at 6$ on $ 766,806*18 $ 46,008*37 Depreciation at l& on Improvements 29,272*81 Taxes, $1.75 per 100, on f766,806*18 13,419*11 Insurance (estimated) 50*00 Maintenance of wells, reservoirs, pipe lines, etc. during 1947 23,398*90 Total annual expense 112,149.19 The use of water by each of the parties was as follows: U. P. HR 305,682,205 Gallons 8.75$ L and W Co. 3.188.676.103 Gallons 91*25$ total 3,494,358,308 100^0$ Division of expense on basis of water used U. P. R. R. 8.75$ Land and Water Co. 91*25 % Total, as shown above I 9,813.05 102,336*14 $112,149.19 NOTE: This amount of $ 112,149*19 is entered as ACCOUNT 412 without any details in annual report to P.S.C.