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x . N E V A D A T A X C O M M ISSIO N Annual Report of Public Utilities for Year Ending December 3 1 , 194 8 Name.. Address... Book value, property and equipment, January 1, 194.8................. • • Book value o f additions during current y e a r ............................................... Total book value, December 31. 194.8................................... • • • • Less depreciation on books to December 31 o f previous year . • Add depn. charged to operating expense, current year Subtract depn. on equipment retired current year . US VEGAS LAND AND WATER COMPANY 1416 Dodge S tre e t, Omaha. 2 , Nebraska. IN STATE OF NEVADA . $ 5 0 1 ,9 5 6 .1 6 . $..... 5 2 , 1 7 0 . 7 3 . . $ 5 , 2 8 9 , 8 7 . . . s..... Total depreciation on books (includes. $160,482.97. am ortization) Book value, less book d e p re cia tio n ................................................................................ Total present m ileage.................... $ 5 3 ,1 7 2 .9 4 . $ 223,945.78 ..Increase over last vear. INCOME IN N EVADA OPERATING: Total revenues $ 5,289.87 EXPENSES IN NEVADA OPERATING: Depreciation (charged to operating e x p e n s e ) .............................. TAXES, accrued and ) FEDERAL, Income, excess profit and other $ chargeable to past V _ . i q /o o q o year’s operation 1 NEVADA, State. County, City Taxes, etc. $ . . . . $146,683.40 $ 554,126.89 $ 3 3 0 ,1 8 1 .1 1 $ 1 9 1 ,1 3 0 .0 3 1/ All other operating expense Total operating expense . Utility operating income . . 1 7 1 ,3 9 4 .1 9 1 9 , 7 3 5 . 8 4 NONOPERATING RECEIPTS AND PAYMENTS RECEIPTS— Rents, dividends, interest, etc. GROSS CORPORATE INCOME PAYMENTS— Interest on loans, etc NET INCOME . . * I $ ...... - $ 1 9 ,7 3 5 .8 4 , .p i . t ,, Auditor .................. o f the above-named I hereby certify that I am the .................. company and duly authorized to prepare this report, and that the same is true and correct. Dated................. February 10,......,1 9 4 . 9 ... ..... (Signed) R. WIPPRECHT THIS REPORT MUST BE FILED WITH THE NEVADA TAX COMMISSION PRIOR TO MARCH 31 ^ l / No attempt has been made to segregate Federal Income or other Federal Taxes as between the various operations o f the company. Federal Income Tax $46,757.14, Federal Excise Taxes $469.40 and Federal M iscellaneous Taxes $34.06 were included in accounts fo r th is year.