Instructions For Preparing Annual Report U-R1 - Railroad - Class 1

Not Used in Operations

Column (g) – Enter the cost as of lien day.

Section C- Ohio Trackage Report

Column (h) – Enter the cost shown in Column (g)

Section D – Recapitulation

for accounts 2-7, 16-25, 29 and 35.

Real Estate and Trackage Detail – Used in

Net Railway Operating Income

Operation

Real Estate Detail – Not Used in Operation

This schedule is for reporting the Net Railway

Operating Income (NROI) for prior calendar years.

Taxpayer Identification

Amounts should be shown in thousands.

Complete the information and questions in the

Column (a) – This column reflects the prior

Taxpayer Identification section. If this information

calendar years.

has been pre-printed for you, provide any missing

Column (b) – Enter the NROI as reported in Form

information and make any necessary changes in a

R-1, Schedule 210.

conspicuous manner. If there is a change in the

Column (c) – Enter the NROI before any

mailing address after the Annual Report is filed,

deductions for special charges.

notify the Public Utility Tax Division of the new

Column (d) – Subtract the amount reported in

address.

Column (c) from that reported in Column (b) and

enter the result.

Balance Sheet

Reconciliation of Net Railway

Complete the prescribed balance sheet or provide a

Operating Income

copy of Form R-1 with a completed balance sheet.

The Balance Sheet is for your entire business,

This schedule is for reconciling differences in the

not Ohio only.

Net Railway Operating Incomes reported in the

preceding schedule. Amounts should be shown in

Income Statement

thousands. For each year in which there was a

difference:

Complete the prescribed income statement or

provide a copy of Form R-1 with a completed

1. Explain each special charge.

income statement.

2. Indicate the effect each special charge had on

the amounts reported in Form R-1, Schedule

Road Property Used in Transportation Service –

210 by restating the amounts to remove special

Ohio Only

charge.

This schedule is for reporting changes in road

Personal Property Not Used in Railroad

property used in transportation service and

Operations – Ohio Only

physically located in Ohio during the preceding

calendar year.

This schedule is for reporting personal property

physically located in Ohio as of lien day and not

Column (a) – This column reflects the various road

used in railroad operations.

accounts. Use the blank lines for additional road

accounts.

Column (a) – Enter the number and name of each

Column (b) – Enter the cost at the beginning of the

taxing district in which such property was

preceding calendar year.

physically located.

Column (c) through (f) – Enter the cost of

Column (b) – Enter a description of the property.

additions, retirements and transfers made during the

Column (c) – Enter the cost of the property.

preceding calendar year.

Column (d) – Enter the book value of the property.

Form U-R1 (2002)

Instructions For Preparing Annual Report U-R1 - Railroad - Class 1 - 2002 Page 2

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