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f <br />Nov g 1983 <br />`I <br />5 PAc.€ x,19. <br />Attorney Roen called Charles E. Fancher, Jr., who was <br />sworn in by Court Reporter Zambataro. Mr. Fancher stated <br />that his business address is 1111 S. Bayshore Drive, Miami, <br />33131; that he is the Vice President of Finance for General <br />Development Utilities; and as such, he is responsible for <br />all the financial operations as they relate to the utility. <br />Mr. Fancher acknowledged that he prepared the rate increase <br />application. <br />Attorney Roen requested that Mr. Fancher "walk" the <br />Commission through the financial analysis. <br />Mr. Fancher stated that he would review the essential <br />elements that the Exhibits support. He explained that the <br />test year is 1982 and the results of operations were for the <br />12 months then ended. Exhibit "A" of their rate case <br />booklet, which is on file in the Office of the Clerk, <br />contains all the financial information for the rate case <br />request and the key page in it is page 4 which provides a <br />summary of the investment base, as follows; <br />4 <br />