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1 7 TABLE I L A S V E G A S L A N D A N D W A T E R C O M P A N Y • L A S VEG AS WATER D I S T R I B U T I O N SYSTEM R E S U L T S O F O P E R A T I O N 1 9 3 8 - 1 9 4 9 SOURCE; ANNUAL REPORTS TO P . S . C. OF NEVADA A/c Ho. P.S.C. of Nevada 1 9 3 8 1 9 3 9 1 9 4 0 1941 1 9 4 2 1 9 4 3 1 9 4 4 1 9 4 5 1 9 4 6 1 9 4 7 1 9 4 8 1 9 4 9 OPERATING REVENUES 602 Flat Rate Sales to General Customers $52,144.46 $54,556.05 $58,059.87 $62,226.29 $83,616.85 $106,978.25 $121,819.04 $132,081.26 $147,757.22 $162,556.95 $185,328.25 $196 250 75 604 Other Water Utilities 136.56 174.86 290.42 528.72 4,167.93 7,651.72 8,495.92 9,863.90 9,605.96 10,175.67 606 Misc. Municipal Sales 1,029.19 976.26 1,439.35 1,669.29 2,405.79 3,058.46 2,869.53 2,395.49 1,991.71 2,841.53 3,421.96 2,882.16 Total Sales of Water $53,310.21 $55,707.17 $59,789.64 $64,424.30 $90,190.57 $117,688.43 $133,184.49 $144,340.65 $159,354.89 $175,574.15 $188,750.21 $199,132.91 614 Misc. Operating Revenues 2.75 3.25 1.50 1.50 4.00 3,996.74 1,617.25 1,353.25 2,833.12 3,463.54 2,379.82 3,256.97 Water Rental and Turn-on Charges - 2,870.00 - - Total Operating Revenues $53,312.96 $55,710.42 $59,791.14 $64,425.80 $93,064.57 $121,685.17 $134,801.74 $145,693.90 $162,188.01 $179,037.69 $191,130.03 $202,389.88 OPERATING EXPENSES 753.4 Maintenance of Distribution Mains $ 9,405.88 $11,484.18 $34,295.77 $61,335.22 $10,990.99 $ 13,161.09 $ 14,161.50 $ 14,138.96 $ 15,756.55 $ 17,630.50 $ 18,608.89 $ 20.057.44 781.11 Administrative Salaries - 3,820.66 3,546.21 3,600.26 5,264.55 6,492.81 6,975.36 7,230.54 8,063.05 8,295.27 10,887.12 12,061.17 14,675.30 1 g/L 781.12 Other General Office Salaries 3,947.22 3,703.56 3,560.36 4,324,32 5,854.77 7,386.90 7,551.71 7,072.64 8,280.28 6,608.19 7,223.47 9,491.97 • 781.21 General Office Supplies and Expenses 246.81 273.55 440.86 1,279.33 1,042.58 873.89 1,565.12 1,389.93 1,203.40 1,185.88 1,506.82 1,013.68 781.24 Law Expenses 1,960.52 1,971.28 2,013.64 2,085.92 2,070.99 2,053.57 1,987.20 1,982.36 2,252.36 2,400.00 3,120.00 781.28 3,270.00 Other Misc. General Expenses - - - - - - _ 2.556.92 937.62 1,514.60 782. Retirement Expense; Depreciation 1,402.38 1,443.58 1,514.84 1,393.75 1,425.84 3,157.42 3,403.40 4,687.95 6,896.80 4,161.50 5,289.87 6,867.19 Amortization of Defense Projects - 7,342.19 17,920.33 36,802.17 98,418.28 Total Retirement Expense $ 1,402.38 $ 1,443.58 $ 1,514.84 $ 1,393.75 $ 8,768.03 $ 21,077.75 $ 40,205.57 $103,106.23 $ 6,896.80 $ 4,161.50 $ 5,289.87 $ 6,867.19 785.2 Pensions - 945.60 889.29 999.61 Subtotal $20,783.47 $22,422.36 $45,425.73 $75,683.09 $35,220.17 $ 51,528.56 $ 72,701.64 $135,753.17 $ 42,684.66 $ 46,375.71 $ 49,637.13 $ 57,889.79 Joint Facility Rents 19,731.00 20,514.48 20,514.48 20,514.48 43,287.83 47,580.07 54,192.00 66,818.81 73,908.48 114,068.94 102,336.14 105,763.84 T a x e s - S t a t e , County and City 5,812.75 6,499.96 7,485.00 7,387.00 6,900.50 9,450.00 12,940.23 13,500.00 16,250.00 19,431.02 19,420.92 21,040,48 Total Operating Expenses (Excluding Federal Income Tax) $46,327.22 $49,360.80 $73,425.21 $103,584.57 $85,408.50 $108,558.63 $139,833.87 $216,071.98 $132,843.14 $179,875.67 $171,394.19 $184,694.11 Net - Before Federal Income Taxes $ 6,985.74 $ 6,273.62 ($13,634.07)($39,158.77)$ 7,656.07 $ 13,126.54 ($ 5,032.13) ($ 70,378.08) $2 9,344.87 <$ 837.98) $ 19,735.84 $ 17,695.77 ( ) Red Figure m ___________________________________________________________________________________________________________________________