A YEAR'S FIGURES

Dominion, Volume 12, Issue 172, 15 April 1919, Page 8

A YEAR'S FIGURES

FOR MUNICIPAL TRAMWAYS

I NET CRE DIT BALANCE .£2,847

| The capital .expenditure involved in j" the Wellington municipal electric trarni' ways is .£799,358. According to the year's I figures placed before the Tram\vays Coms mittee of'•the' City ' 'Council yesterday

I afternoon the. net profit made on the I undertaking was $2847, or a little over 2-sth per ceSitS -For "some months past a warning note has been sounded in the City Council as to the gradual increase in the expenditure, particularly wages and material, which has helped to reduce the returns from the tramways undertaking, but it was scarcely realised by the public that nmrgin between i .profit and loss -had .been_ so narrowed | ' down. The figures, given in detail below i show that whilst'the revenue had only during the year by ,£4132, the i ' total working expenses jumped up i with added capital charges j •-The-credit carried to the appi'oj priation account from the tramways wns !■' <£10,14fi, and that from tW power sup- | ply revenue account .£2233, making a [ total of ,£12,379.' That amount was rei duced by special expenditure, and ap- | pTopriations (amounting to. ,£9532) ,to j? <82347. '

[ The Revenue Account. 1 The revenue fibres for the year are [as followi- J'S $ : «=' • S. s, 1918-19 1917-18 [ £ ' 4> i .Passenger fares > 206,250 202^118 (.'.'.'Carriage-of luggage on | passenger cars 1,634 1,855 ; Car mileage dues ..: 10,180 . 9,645 j. Advertising on cars . 2,627 ' 2,568 - Carriage of goods (freight I service) ; lei's 1. Miscellaneous receipts ... ■ 999 1.009 ; Total 222,892 218,320 THE 'EXPENDITURE. !' The figures on the expenditure side are as follow: — • i 1918-19 1917-18 £ <£ t Traffic expenses . 82,172 ij General expenses ....»••• 9.32 ft 9,086 i Repairs and maintenance 3G.93G 33.314 L Power expenses 34,874 31,313 i Total working expenses 167.6R4 155.R85 1; Interest. . 21,330 21.014 i Sinking fund . 5,107 0,12.. 'Renewal and reserve | funds 18,625 18,399 i .Total working expenses ' ; ' and capital charges ... 212,<46 200,420 ; Balfnro carried to appro- ; priation account 10,146 17,900 !■ POWER SUPPT-T AND TRACK I•' " • ' LIGHTING. I In' the following tables are set out the ' revenue and expenditure in connection I rith power supplied by the tramways I power-house to private consumers and for [• track lighting:—. ; 1918-19. 1917-18. \ £ £ ! Revenue— I Sale of current for' power ; purposes 19,046 15,784 : Track lighting .. 3,416 3,395 [ 1 Total revenue ,£22,4G2 ■ .£19,129 m. 1918-19. 1917-18. ; ' £ £ Expenditure—. i Generation expenses 11,773 9,897 . Distribution expenses .... 1,163 1,305 1 General expenses 922 ; 7P5 Total working expenses .. <£13,858 i 11,967 : Interest • 2,977 2,907 i Sinking Fund 725 710 i- Renewal & Reserve Funds 2,669 2,598 -- Total working expenses ! and capital charges .... 20,229 18,182 i. Net surplus carried to Ap- ' propriation Account .... 2,233 947 Total reyenue JE22,462 .£19,129 ; 1 SPECIAL APPROPRIATIONS. Having , set out the credits, from the I ..ramwnys and power accounts, in all i i 12,379, only the special appropriations I deducted from tliat amount to arrive-at the ; jiet credit. Those, amounts • are as follow:—: ,':' : i Special Expenditure & Appropriations— £ I AVar pay allowances 2,763 i J nfluenza epidemic pay !.. 1,654 i Contributions to Superannuation . Fund ljßSt ■ Tramway-' Band subsidy ' lj( i Special.amount,set aside as Sinking j Fund on Horse Tram.way Loan .. 2,00( Annual amount of 4 per cent, writ--1 ten off preliminary expenses 1,38; !• . ' .£9,53! |i Net credit balance on Tramway & ! 'Power- Supply-undertakings for I year 1918-19: J2.84' I ' TRAFFIC EXPENSES. ; The following figures' give an idea a: ' to how- the traffic expenses have increase) ! all round during,,the:,past year:— • 1918-19. 1917-18. ' ... . <2 s. d. <£ s. d Traffic superin- " -' tehdence', .2,080 15 11 1,595 2 • Wages to.motor-. .... men 4 conductj ors 62,139' 0 0 60,027 11 i Wages of. other ! . traffic employees 2,784 7 7 2,715 14 Cleaning, .oiling, ... &.sanding cars-, 6,565 16 ' 6 6,552 4 Cleariingi-.-greas-ing. and,water- . I ing track ......... 2,391 .7 6 1,602 6 j Fuel, power, wit-,-.- ; ter«& light for-, | car-sheds,,ietc.l,olo 12 G 853 8 i Ticket check, in-: • i- eluding ticket ; . ; ' printing, ealar-' , ; ies ticket office staff, & ticket' ; inspectors ....... 5,147 1 6 4,772 7 Uniforms and i badges ............ 1,657 410 - 1,304 6 ! Ticket agents'.. ! commission .... 440 010 396 5 i Rent of" carshed i site, Newtown 400 0 0 400 0 j Track lighting .. 1,840 10 5 1,827 6 i Miscellaneous j expenses ......... 117 2 5 ' 125 17 ! Total traffic i expenses. •. <£86,554 0 0 <£82,172 9