20050211Exhibit 2 OP Inc Present & Proposed.xls

Sheet3
Sheet2
Exhibit #2

UNITED WATER IDAHO
STATEMENT OF OPERATING INCOME PER BOOKS AND PROFORMA UNDER
PRESENT AND PROPOSED RATES FOR THE YEAR ENDED JULY 31, 2004
Column
Line
(1)
(2)
(3)
(4)
(5)
(6)
No.
Per
Under Proposed Rates
Adjustment
Books
Test Year
Adjusted
3.
Description
Shown on
07/31/04
Adjustments
Proforma
4.
Operating Revenues
5.
Operating Expenses
6.
Operation & Maintenance
7.
Depreciation
8.
Amortization Of PHFU
9.
Amortization Of UPAA
Total Depreciation and Amortization
10.
Taxes Other Than Income
11.
Ad Valorem
12.
Payroll Taxes
Total Taxes Other
13.
Total Operating Expenses
14.
Excluding Income Taxes
15.
Op Income Before Income Taxes
16.
Income Taxes
17.
State Income Taxes
18.
Federal Income Taxes
19.
Total Income Taxes
20.
Utility Operating Income
21.
Adjusted Rate Base
22.
Rate of Return on Rate Base
Exh 3, Sch 1
Exh 3, Sch 2
Exh 3, Sch 3
23.
Exh 3, Sch 4
Exhibit No. 2
J. Healy
1.00
2.00
$31,000,222.00
$534,125.00
$31,534,347.00
$6,767,870.00
$38,302,217.00
$11,470,318.79
$1,933,193.00
13403511.79
44117.00
$13,447,628.79
4738848.00
1647661.00
6386509.00
0.00
6386509.00
51113.00
-51113.00
0.00
0.00
0.00
7397.00
1932.00
9329.00
0.00
9329.00
4797358.00
1598480.00
6395838.00
0.00
6395838.00
1528696.00
42245.00
1570941.00
0.00
1570941.00
321994.00
30277.00
352271.00
0.00
350693.00
1850690.00
72522.00
1923212.00
0.00
1921634.00
$18,118,366.79
$3,604,195.00
$21,722,561.79
$44,117.00
$21,766,678.79
$12,881,855.21
($3,070,070.00)
$9,811,785.21
$6,723,753.00
$16,535,538.21
$446,418.00
($680,427.00)
-680427.00
($234,009.00)
$537,900.00
$303,891.00
3005942.00
($1,453,467.00)
-1453467.00
$1,552,475.00
$2,165,048.00
$3,717,523.00
$3,452,360.00
($2,133,894.00)
$1,318,466.00
$2,702,948.00
$4,021,414.00
$9,429,495.21
($936,176.00)
$8,493,319.21
$4,020,805.00
$12,514,124.21
$140,062,546.00
$140,062,546.00
0.06
0.09