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1st 2nd 3rd 4th 5th Total
I Common Points $294,629-L $2,983,377-L $ 925,976-L ----- ----- $4,208,982-L
II Duplicate Lines --- 636,615 161,529-L ----- ----- 475,086
VII Equipment Pools
L-Locomotives 143,685 287,565 143,682 143,685 ----- 718 415
P-Passenger Train Cars 8,809 17,618 8,809 8,809 ----- 44,045
W-Work Equipment 25,949 47,896 25,949 25,949 ----- 119,743
M-Marine Equipment (Freight) 5,122 6,244 5,122 3,122 ----- 15,610
VIII General Repair Facilities - Equipment
F-Freight Train Cars 25,404 46,809 23,404 --- ----- 93,617
P-Passenger Train Cars 80,255 160,469 80,255 --- ----- 320,939
IX Material and Supplies Stocks, and
Purchases and Stores Organizations 496,097 496,097 496,097 198,438 297,658 1,984,587
XI Communications Facilities 388,556-L 259,058-L --- --- 647,594-L
XV Effect of Merger on Expense of Operating
Lines Retained 231,959 579,898 1,159,796 347,938 ----- 2,319,591
XVI Labor Contracts 298,386-L 671,569-L 345,144-L 119,554-L 59,677-L 1,491,930-L
Total Net Cash Realized or Required at
Current Goat Levels
A. By years $ 29,687 $1,639,775-L $ 508,445 $606,585 $237,981
B. Cumulative 29,687 1,610,086-L 1,101,641-L 495,056-L 257,075-L
No Symbol - Gain L - Lose
Methods Used in Showing Estimated Net Cash Realized or Required During the First Five Years After Merger
It is believed that all of the estimated cash involved
would be realized or required within the first five years follow Years
he effective date of merger. The table has been set up on a Years After Merger
five year basis although some additional time might be required to
realize cash from income tax savings.
Study 1st 2nd 3rd 4th 5th
In Study I, Common Points, and Study II, Duplicate Lines,
an analysis as made of for point or line and weighted percentages I Common Points 7 71 22 - -
of realization were developed for each study. Study XVI, Labor II Duplicate Lines - 75 25 - -
Contracts, was developed by years and the per cents shown in the VII Equipment Pools 20 40 20 20 -
table are shown for comparative purposes. The more important VIII Repair Facilities 25 50 25 - -
reasons underlying the allocations for all studies are explained IX Materials & Supplies 25 25 25 10 15
in Appendix D. A summary of the percentages used in each study is XI Communication Facilities 60 40 - - -
shown in the table on the right, and the percentages represent the XV Effect on Retained Lines 10 25 50 15 -
proportion of total net cash which would be realized or required in XVI Labor Contracts 20 45 23 8 4
each year. The amounts shown above are at current levels and the
methods used to adjust 1956 total net cash to current levels are
also described in Appendix F.
