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Form 7"5upp© LAS VEGAS LAND AND WATER COMPANY • Explanation of large increases and decreases on Form 7, "Operating Revenues, Operating Expenses, Income and Profit and Loss" Far Month of July 1954 Compared with c orresponding month of previous yeas? Title and Explanation Ren? from warehouses, packing houses and equipment Due principally to cancellation of lease Nou 10344 to American Fruit Growers, effective December 1, .',953* Maintenance and operation of rooming house Due principallyto decreased force fchic year* Maintenance of warehouse packing houses and equipment Due principally to snore expense incurred by U,>P ,R ^uCo. for services and raateria\ this year® Taxes on land held far s&J.s - Ad 'valorem Du® principally to overstating estimate of taxe^ last year which was adjusted in August lV»3 accounts* Proportion of miscellaneous \axes Due principally to increase)^ estimate of California Tax for 1954» Water sales - commercial Water sales - industrial Water sales last year - water pr\perties/spld close of business June 30, 1954o Miscellaneous - water service Collections for water service connections last year - water prop-erties sold close of business June 3®\ 1,954» Maintenance of distribution mains Maintenance last year«=» water properties \^old close of business June 30, 1954® Other Expanses Due principally to expense of "JMer patrolr-gste last year water properties sold close of justness June L954* Rent for pips lines Dae to rent paid UaP»R,.R„G0c last yea^j railroad\facilitis• sold the I ,7 «L»& W.Co® effective Aug**st \ 9 1953f Proportion ef general expense* = water service Wages paid and management expense last year rat-03 \ >p • t sold Depreciation - pipe line Depreciation accrued lasii year ? water properties sold of business June 30, 1954o Taxes - Ad valorem Proportion of miscellaneous taxes \ Due principally to less taxes estimated to be paid this year* Salaries and expenses of officers Salaries and expenses of clerks and attendants Wages paid last year - water properties sold close of business June 30, 1954* Decrease Decrease Increase D e c r e a s e Increase Decrease Decrease Decrease D e c r e a s e Decrease Decrease D e c i’e a E S Decrease Decrease Decrease Decrease Office supplies and expenses Decrease Various purchases last year < water properties sold close of business June 30, 1954® Law expenses Decrease Expenses last year in connection with Case No* 1214 before the Nevada Public Service Commission 1466 and salary of General Attorney, State of Nevada last year #37® (no similar expense this year) less decreased expenses this year in connection with the sale of water properties at Las Vegas to Las Vegas Valley Water District #272. Sheet 1 Amount | 501*62 458*44 2 644.73 382o50 479.63 31 359.44 1 487.54 1 184.17 6 316.24 1 079.70 13 215*03 6 0 2 2 o2 5 1 184o17 7 018*92 973.05 2 070,87 2 215,56 323.09 576*39