RAILWAY FINANCE.

Dominion, Volume 6, Issue 1745, 9 May 1913, Page 6

RAILWAY FINANCE.

RETURNS FOR THE YEAR. REVENUE NEARING £4,000,000. The railway • figures published in Inst evening's Gazette include tho returns up till March 31 and so complete the returns for the financial year. Taking tlio grand totals of revenue and expenditure for the past twelve months, and comparing them with the figures 'for the year 1911-12, the result (shillings and penco being omitted) is as follows:— REVENUE, i ■ £ 1312-13 3,971,001 1911-12 3,676,509 Increase 294,492 EXPENDITURE. ■1912-13 2,705,609 1911-12 2,465,895 Increase 239,714 In detail tho revenue and expenditure for the past year are as follow:— NORTH ISLAND. pendiKevenue, ture. Section, ■£ JS Wliangarei-Kawakawa. 41,410 30,743 Kailiu ' 4,702 4,860 Gisborne 18,522 12,746 North Island main lines and branches 2,035,996 1,380,503 Tolal' : 2,100,632 1,428,860 SOUTH ISLAND. South Island main \ . lines and branohes 1,533,610 1,069,119 Westlancl 144,723 91,334 Westport 124,475 56,673 Nelson 29,146 22,775 Picton 31,391 27,178 Lako Wntotipu steamers 7,020 6,618 Total 1,870,369 1,276,749 Grand total 3,971,001 2,705,609 In tho above table tho shillings and pence have been omitted, which accounts for any discrepancy in addition. NORTH V. SOUTH. It is always interesting to note tho variation in the figures as regards the operation of the railways in the two islands. The revenue and expenditure of the North and South Island railways in comparison with the figures for the preceding year is as follows:— REVENUE. 1911-13 1912-13 £ North 1,934,591 2,100,632 South 1,741,914 1,870,369 EXPENDITURE. North 1,266,110 1,428,860 South 1,199,765 1,276,749 These figures show that whilst the revenue in tlio North Island has increased by .£166,038, that in the South Island has increased by -2128,455; and whereas the expenditure in the North lias increased by ,£162,750, it has only increased in the South by X76,96j.