upr000069 49

F o r a 7=Supp«,; U S m s LAND AND WATER COMPANY Explanation of large increases and decreases on Fora 7, "Operating Revenues, Operating Expenses, Income and Profit and Loss" For Month of July 1954 Compared with corresponding month of previous year Title and Explanation Rent from warehouses, packing houses and equipment Due principally to cancellation of lease Mo. 10344 to American Fruit Growers, effective December 1, 1953* Maintenance and operation of rooming house Due principally to decreased force this year. Maintenance of warehouse packing houses and equipment Due principally to more expense incurred by U.P.R.RoCo. for services and material this year. Taxes on,, land held for sale — Ad valorem Due principally to overstating estimate of taxes last year which was adjusted in August 1953 accounts„ Proportion of miscellaneous taxes Due principally to increased estimate of California Franchise Tax for 1954. Water sales commercial Water sales - industrial Water sales last year - water properties sold close of business June 30, 1954. Decrease Decrease Increase Decrease Increase Decrease Decrease Miscellaneous — water service Decrease Collections for water service connections last year - water prop­erties sold close of business June 30, 1954« Maintenance of distribution mains Decrease Maintenance last year - water properties sold close of business June 30, 1954• Other Expend.s Decrease Due principally to expense of water patrolmen last year ™ water properties sold close of business June 30, 1954o Rent for pipe lines Due to rent paid U.P '.i0R f,Co last year5 railroad facilities sold the L.V.L.& W.Co. effective August 1, 1953. Proportion of general expenses - water service Wages paid and management expense last year - water properties sold close of business June 30, 1954. Depreciation - pipe line Depreciation accrued last year - water properties sold close of business June 30, 1954. Taxes - Ad valorem Due principally to adjustment of $5,175 covering overaccrual of State and County Taxes on water facilities for first 6 months of 1954 Proportion of miscellaneous taxes Due principally to less taxes estimated to be paid this yearQ 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. Office supplies and expenses Various purchases last year - water properties sold close of business June 30, 1954. Law expenses Expenses last year in connection with Case No. 1214 before the Nevada Public Service Commission #466 and salary of General Attorney, State of Nevada last year $378 (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. Decrease Decrease Decrease Decrease Decrease Decrease Decrease Decrease Decrease Sheet 1 Amount | 501*62 458.44 2 644*73 382.50 479.63 31 359.44 1 487.54 1 184,17 6 316.24 1 079..70 13 215,03 6 022.25 1 184*17 7 018.92 0 7 1 QK 2 070.8? 2 215.56 323.09 576.39