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man000170-003
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    r HFC 7/31/1951 EXPLANATORY DATA TO ACCOMPANY RESULTS OF THE APPRAISALS. Refer to the accompanying sheets showing the "Present Values, as of Dec, 31# 1950") The Present Value determinations will be modified by additions and subtractions: Additions Subtractions Production Company Improvements Distribution Co. Improvements Additional piping for new subdivisions. Depreciation for 1951* Deposits due to be refunded in water, thru 1950 Deposits due to be refunded on 1951 extensions Amortized Defense Plant Capital- (moot question) Service connection capital (moot question) Fire Hydrant connection piping (moot question) Paving over mains (moot question) The following known amounts are supported by evidence in the Rate Case, and otherwise DEDUCTIONS: ADDITIONS! Depreciation for one more year Unrefunded deposits thru 1950 Amortized Defense Plant capital Unrefunded deposits -est for 1951 Total Production Company improvements, | 69,250 Distribution Co. Improvements 65,650 Piping for new subdivisions 180,00C 26,000 263,524.63 160,482*97 (moot questio 150.000. 600, 007.60 314,900 TRIAL EFFORT---------- NET DEDUCTIONS — 285,107.60 Applying these deductions to the "Present Value" figures arrived at by the appraisers: UNION PACIFIC COMPANY J. M. MONTGOMERY CO H. F. CLARK Present Value deduct Approx. Fair Value at 12/31/51 subject to further development of the ('moot question" items. $2,080,507 285.107 $1,795,400 $ 1,936,512 285.107 $ 1,651,405 $ 1, 909,161 285.107 $ 1,624,054