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<br />Schedule C
<br />. ENTEX, INC.
<br />TEXAS COAST DIVISION
<br />STATEMENT OF OPERATIONS
<br />FOR TWELVE MONTHS ENDED JUNE 30, 1976
<br /> Adjustment.
<br />j for Rate
<br /> Per Books (1) Increase Adjusted
<br />Operating Revenues
<br />Gas Sales $31,994,208 $ 1,943,169 $33,937
<br />377
<br />Forfeited Discounts 386,949 -O- ,
<br />386
<br />949
<br />Other Operating Revenues 167,506 ~ -0- ,
<br />167
<br />506
<br />Total Operating Revenues $32,548,663 $ 1,943,169 ,
<br />$34,491,832
<br />Operating Revenue Deductions
<br />Operating Expenses
<br />Gas Purchases $23,442,228 -0- $23,442
<br />228
<br />Distribution Operating Expenses 1,259,242 -0- ,
<br />1,259
<br />242
<br />Distribution Maintenance Expenses 912 815 -0- ,
<br />912
<br />815
<br />~ Customer Accounting and Collection ,
<br />1 Expenses
<br />ew Business Expenses 1,222,654
<br />376
<br />831 -0-
<br />0 1,222,654
<br />
<br />administrative and General Expenses , -
<br />- 376,831
<br />~ and Donations 998,582 -0- 998
<br />582
<br />~ Total Operating Expenses $28,212,352 -0- ,
<br />$28,212,352
<br />Depreciation $ 934,566 -0- $ 934
<br />566
<br />Taxes Other Than Income 1,184,895 $ 39,252 ,
<br />1,224,147
<br />Total Operating Revenue Deductions $30,331,813 $ 39,252 $30,371,065
<br />Operating Income before Income Taxes $ 2,216,850 $ 1,903,917 $ 4,120
<br />767
<br />Income Taxes 766,380 913,881 ,
<br />1,680,261
<br />Net Operating Income $ 1,450,470 $ 990,036 $ 2,440,506
<br />Rate of Return on Adjusted Value of
<br />Invested Capital $35,280,060 4.11% 6.92%
<br />(l~mbined operation of Entex aad Houston Natural Gas Corporation for those ro
<br />p perties
<br />acquired from Houston Natural Gas Corporation.
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