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«r mbbblm MaM&M. ,^agj»Jai Revenue, expense m4 rate base figures that hav# bean developed and discussed ray now bs brought together io as to deteridno the net oarnings and rata of return realised frost the 1949 operation* and similarly what results in$r be ex­pected from the year 1950 at the presently effective rater rate*. Having thus determined the results of operation on the various base* at present rata* the adjustments la not and gross revenues figures ray tin# be made to yi#M a fair rate of return, which for the eSHpany i* vierad a* not: l**a thin 61 per went* The detail a* to the development of these figures are aet forth la the Appendix under mix tables, h to <i, inclusive* Table* L, M and 1 rat forth the results for the years 1969 and 1950 estimated on the three different bases, and under the actual condition in which the Las Vegas Iratgr Utility yn*er*v ract-Ac e'ip,loe:::^Tw6HNdBS Esllroad PtiSV&xt. are* freseat Total cross Revenue Required *1. Less cross Revenue Resent Tims iu as seen mass increase® in gross revenue require- rants arat Inrastrant Original Cost estrant hay Post Cost Cost Revenues Eapenraa $214,000 $214,000 $214,000 322,931 351.813 870,083 let Revenue Bate Base Kate of Return l.ro% $ 64,576 $ 59,967 $ 63,916 21,069 24,477 33,044 Operating Expenses Kates Increase Required ~ Amount B:'5