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26 together all expense In connection with maintaining and operating railroad-owned facilities used in common by User and Railroad Company, plus the carrying charges on these facilities, consisting of interest, taxes and depreciation; f# % # 4 H # * % # p # * ft % % & a- a- 4 * The division in cost between the railroad and the Water Utility is based upon the relative quantity of water used by each party. The following figures covering recent years, show the im­portance of joint facility rents as an item of expense in the opera­tion of the Water Utility in Las Vegas; 1946 1947 1948 1949 Operating ex­penses, before income tax Joint Facility Rents - Amount - Per Cent of Total Op. Exp. r- |132,845.14 73,908.48 55.64 |179,875.67 114,068.94 63.42 $171,394.19 102,336.14 59.71 $184,694.11 105,763.84 57.26 Source; Annual reports to P.S.C. of Nevada. In the following tabulation the details as to the development of the 1948 and 1949 Joint Facility Rents are set forth; Joint Facility Rents - 1948 and 1949 (As Billed.by U.P.R.R.Co. to L.V.L and I. Co.) Base,Figures Used in Computing Joint Facility Rents Investment Land Improvements Total Proration Between Railroad and Water Utility Water Used - Gallons U.P.R.R.Co. L.V.L. and W. Co. Total Per cent of Total Used by L.V.L. and W. Co. 1947 1948 (Used for (Used for ~ 1948 Billing) 1949 Billing) $ 34,985.88 $ 34,985.88 731,820.30 738,164.56 $766,806.18 $773,150.44 305,682,205 130,680,016 3,188,676,103 3,408,414,097 3,494,358,308 3,539,094,113 *91.25$ 96.31$