Show INET NET PROFIT ON O o. o S1 S. l l. TOTALS The Oregon Short Line Railroad company's annual report for tor the year ending December 31 31 1931 to the public public pub pub- lic lie utilities commission of the st state tte of Utah showed a net profit of 2 2 or an increase in pro profits its of oC over the previous year on all its lines Jines I Following the footsteps of its parent parent par par- ent company the Union Pacific Rai Rai road company compon which re recently turned in a similarly profitable report the O. O S. S L. L reported railway operating revenues of or This was however less than the previous year Tax accruals totaled Idaho took the lions lion's share w with th 2 2 Utah was second in tax re receipts receipts re- re with The federal government go claimed These tax payments and other operating operating oper oper- expenses brought the net operating operating operating oper oper- income down to Income totaled 3 making a gross income o of Against the gross ros income was charged of which 3 for funded debt was the bulk This left the net income of 2658 However there was an item of char charged cd against net in income income income in- in come last year which was not charged this his year year year- year dividends The passing of the he dividends in the amount was the dS difference between the showing showing showing show show- ing of an art increase in m net pro profits its o of and the showing of a comparatively comparatively com com- lowered sum of ot which otherwise might have been transferred to tho tim red in the prom profit and loss account Operating revenues earned by the road within the state of Utah totaled O Of this was wase e earned solely within the state and 6 was interstate Expenditures in Utah for Cor additions and betterments were given as The grand total railway operating oper oper- atin expense within the state was or per cent of the theoper oper operating revenues within the state |