OCR Text |
Show 4. Progress of Return and Repayment of Federal Investment As indicated heretofore no unit or separable feature of the project has been completed; therefore no progress has been made on actual repayment of the Federal investment as a result of operations. 5. Estimated Rate of Project Repayment, Year by Year Except for miscellaneous nonoperating revenues, repayment of reimbursable project cost will not start until June 1963, when the first unit at Flaming Gorge is expected to go on the line. As stated under item 3, above, no storage unit, participating project, or separable feature thereof had been completed to June 30, 1958, and firm cost allocations to power, to irrigation, and to other purposes have not been made. Accordingly, no estimated rate of progress of project repayment, year by year, of the investment to be so allocated is included in this annual report. COLORADO RIVER STORAGE PROJECT AND PARTICIPATING PROJECTS Exhibit A.-Comparative balance sheets June 30- 1958 1957 Assets Construction work in progress (schedule No. 1)............... Service facilities (schedule No. 2): Original cost .................................................................... Less: Depreciation ........................................................... Total ................................................................ Investigation costs (schedule No. 3).................................... Current assets: Cash and fund balance with U.S. Treasury: Operating funds1...................................................... Deposit funds2........................................................... Total ................................................................ Accounts receivable: Government agencies ............................................... Other .......................................................................... Total ............................................................... Materials and supplies .................................................. Prepayments and advances3 ......................................... Total ............................................................... Other assets: Undistributed and deferred charges4 ........................... Other work in progress .................................................. Total ............................................................... See footnotes at end of table. 67 Increase (decrease) $41,862,636 $ 8,394,711 $33,467,925 9,402,519 1,282,034 8,120,485 235,279 76,614 158,665 9,167,240 1,205,420 7,961,820 2,262,082 1,282,719 979,363 6,656,814 2,381,902 5,320,870 289,747 1,335,944 2,092,155 9,038,716 5,610,617 3,428,099 16,034 32,070 20,300 293,181 (4,266) (261,111) 48,104 313,481 (265,377) 44,574 113,031 24,400 72,091 20,174 40,940 9,244,425 6,020,589 3,223,836 809,792 18,425 150 791,367 (150) 63,346,175 16,922,014 46,424,161 |