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l a SUMMARY OP OPERATIONS UNDER PRESENT RATES Eas"vegas land and Water' company LAS VEGAS WATER UTILITY - 1951 - Capital Base Investment Original Present Cost Cost Day Cost TOTAL OPERATING REVENUES | 242,400 $242,400 $242,400 OPERATING EXPENSES Operation and Maintenance 41,200 41,200 41,200 Administrative and General Las Vegas office 56,340 36,340 36,340 Rate case 4,600 4,600 4,600 Management expense 9,600 9,600 9,600 Office rent 1,800 1,800 1,800 Subtotal - Admin, and General | 52,340 $ 52,340 $ 52,340 Depreciation Expense 12,252 17,369 22,414 Joint Facility Rents 1/ 133,595 141,717 186,906 Taxes - State, county and city 22,165 22,165 22,165 Federal, other than income 675 675 675 Total' Operating Expenses $ 262,227 $275,466 $325,700 NET AVAILABLE FOR RETURN $ (19,827)1(33,066)1(83,300) Deficiencies in Gross Revenue Under Present Rates Return at 6|$ $ 42,069 $ 47,319 $ 61,562 Federal Income Tax 26,929 31,585 44,215 Operating Expenses 262,227 275,466 325,700 Total Revenues Required $331,225 $354,370 $431,477 Gross Revenue / Present Rates 242,400 242,400 242,400 Required Increase Amount $ 88,825 $111,970 $189,077 Per Cent 36.64 46.19 78.00 (____) Red figure 1/ 679.42 acres of land Included in Production Pacilities