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20 TABLE VII-a RATE BASE ESTIMATES (Old Table E) I INVESTMENT BASIS 12/31/51 A. Production Facilities 12/31/49 12/31/50 Estimated (L.A.& S.'L.R.R.Co .) , 1 - Year-end capital ±J 1 800,383 | 808,540 # 877,790 2 - Deduct reserve requirement 81,318 91,769 102,769 3 - Net year-end capital 716,771 ---775,021 4 - Average net capital 717,900 745,900 5 - - Working cash 2 , 0 0 0 2 , 0 0 0 6 - Material & supplies 3,000 3,000 7 - Total Depreciated Rate Base .7'2'2,'90'0 750,900 8 - (a) Allocate 97.57$ to Water Utility - 1950 705,300 (b) Allocate 97.85$ to Water Utility - 1951 734,800 1/ Including 1230.74 acres of land B. Water Utility (L.V.L. and W.Co.) 1 - Year-end capital i 711,395 | 835,583 #1,065,583 2 - Water rights 30,000 30,000 30,000 ' 741,393 £657553 ~T;09'5,583 3 - Deductions: (a) Retirement reserve less amortized defense projects 71,965 80,106 92,132 (b) Estimated retirement re— serve for defense projects 16,170 18,487 20,804 (c) Estimated refundable construction advances 138,000 176,000 271,000 Total Deductions # 226,135 $> 274,593 # 383,936 4 GO Net year-end capital 515,260 590.990 711,647 5 - Average net capital #553,100 #651,300 6 - Working cash 1 0 , 0 0 0 1 0 , 0 0 0 7 — Material & supplies 5,000 5,000 Total Depreciated Rate Base #568,100 #666,300 1950 1951 C. Combined Rate Bases (a) Production Facilities # 705,300 # 734,800 (b) Water Utility 568,100 666,300 Combined Total #1,273,400 #1,401,100