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Exhibit No. Witness UNION PACIFIC RAILROAD COMPANY Year End Investment of Los Angeles and Salt Lake Railroad Company in Water Production facilities at Las Vegas, Nevada for the years 1931 to 1950, inclusive Investment Investment Beginning Improvement end of year ex- Value Total Year of Year During Year eluding Land of Land Investment 1 $ $ $ $ 1/ 1931 174 989 174 989 233 175 222 1/ 1932 174 989 174 989 233 175 222 1/ 1933 174 989 174 989 233 175 222 H 1934 174 989 174 989 233 175 222 1/ 1935 174 989 174 989 233 175 222 1/ 1936 174 989 19 416 194 405 233 194 638 1937 194 405 552 194 957 15 478 210 435 1938 194 957 194 957 15 478 210 435 1939 194 957 8 215 203 172 15 478 218 650 1940 203 172 30 754 233 926 15 478 249 404 1941 233 926 15 860 249 786 34 986 284 772 1942 249 786 139 943 389 729 34 986 424 715 1943 389 729 16 129 405 868 34 986 440 844 1944 405 868 6 953 412 811 34 986 447 797 1945 412 811 55 990 468 801 34 986 503 787 1946 468 801 261 405 730 206 34 986 765 192 1947 730 206 1 614 731 820 34 986 766 806 1948 731 820 6 344 738 164 34 986 773 150 1949 738 164 22 162 760 326 34 986 795 312 1950 760 326 13 228 773 554 19 322 792 876 1/ Dlf ference between $177,148 and $175 ,222 due to the following: Charged Operating Expenses not in 'investment account $ 529 Shop connections not in present valuation 1 397 $1 926