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Name............................................. L A S V E G A S LAND.. AND WATER COMPANY Address.................. 1 4 1 6 D o d g e Street, Omaha 2 , N e b r a s k a . ........................ ................. IN STATE OF N E V AD A Book value, property and equipment, January 1, 194.5..................................................$....5.01,95.6,16 . Book value of additions during current y e a r .................................................. .... . . $..... 5 2 , 1 7 0 . 7 3 Total book value, December 31. 194.8................................... .............................................* ........................ $.. 5 -5 4 ,1 2 6 *8 9 .... Less depreciation on books to December 31 of previous vear . ........................ $ 5 8 , 1 7 2 . 9 4 Add depn. charged to operating expense, current year . . . . $......5 * 2 8 5 ,8 7 ..... Subtract depn. on equipment retired current v e a r ................... $................... ” ............. Total depreciation on books ( I n c l u d e s . $ 1 6 0 ,4 8 2 .9 7 . a m o r t i z a t i o n ) . . .2 2 3 ,9 4 5 ,7 8 ... Book value, less book d e p re c ia tio n ........................................................................................................ . . $ 3 3 Q j l 8 1 . l l . . . . Total present mileage................... ....“ ................................. Increase over last year........... .............. SS .................................... INCOM E IN N E V A D A x NEVADA T A X COMMISSION Annual Report of Public Utilities for Year Ending December 31, 194.8. O P E R A T IN G : Total r e v e n u e s .................................. ................................................................................ $ 191,130.03... EXPENSES IN N E V A D A O P E R A T IN G : Depreciation (charged to operating e x p e n s e ).................................... $......... 5.j2.89,.87..... TAXES, accrued and ) FEDERAL, Income, excess profit and other $.................” ........ i / chargeable to past > i n / _ _ year’s operation ) N E V AD A , State, County, City Taxes, etc. $....19.j42v.92..... A ll other operating e x p en se................................................................. $ ..146,-683.40..... Total operating e x p e n s e ........................................................................................................ $ 1 7 1 ,3 9 4 ,1 9 .... Utility operating i n c o m e .......................................................... ...... ..................................................... .... • $.... 19.,735,.84— N O N O PE R A TIN G REC EIPTS A N D P A Y M E N T S REC EIPTS— Rents, dividends, interest, etc....................................................................................................... $............ ................ — GROSS CO R PO R ATE INCOM E P A Y M E N T S — Interest on loans, etc..................................................................................................................j$.................. “ ............ N E T IN C O M E ............. ......................................if 19,735*84..... I I hereby certify that I am th e ...................... Auditor .................... .......... .of the above-named company and duly authorized to prepare this report, and that the same is true and correct. Dated..................... February 10,............. , 194. 9 ... ............ (Signed)....... R. WIPPRECHT..................... . THIS REPORT MUST RE FILED WITH THE NEVADA TAX COMMISSION PRIOR TO MARCH 31 1/ No attempt has been made to segregate Federal Income or other Federal Taxes as between the various operations of the company. Federal Income Tax $46,757.14, Federal Excise Taxes $469.40 and Federal Miscellaneous Taxes $34,06 were included in accounts for this year.