PRENTISS COUNTY ELECTRIC POWER ASSOCIATION-Continued Results of operations as reported by Prentiss with subsequent deductions for known subsidies-Continued Source: Prentiss' annual reports to Tennessee Valley Authority with adjustments as follows: (a) Adjusted to include revenue from the "yardstick" rate only. (b) Adjusted to include a proration of loss in Mississippi on power sales. (c) Adjusted to include a proration of Tennessee Valley Authority's promotional expenses. TISHOMINGO COUNTY ELECTRIC POWER ASSOCIATION Results of operations as reported by Tishomingo with subsequent deductions for known subsidies Revenue from electricity sales.. Cost of electricity. Distribution and utilization expense. Commercial and new business. General expenses... Available for taxes, etc. Tax expense.. Available for depreciation, etc. Depreciation Available for interest.. Interest expense.. Net income before nonoperating income. Nonoperating income. Less known subsidies: 1 Covers period from Aug. 15, 1935, to June 30, 1936. As reported in Tennessee Valley Authority Annual Report for 1937. Source: Tishomingo's annual reports to Tennessee Valley Authority with adjustments as follows: (a) Adjusted to include revenue from the "yardstick" rate only. (b) Adjusted to include a proration of loss in Mississippi on power sales. (c) Adjusted to include a proration of Tennessee Valley Authority's promotional expenses. 37.55 33, 869 113. 28 2. 57 49.60 40, 349 129. 22 2.82 52.60 1.27 3,972 13.28 .30 5.82 82 9, 125 29. 22 .64 11.89 |