ELECTRIC LIGHT
AN BIGHT MONTHS' RETURN. Tlio following are the returns for November of the Electric Light Department, compared with thoso of Novomber Insi year:— 1920. 1919. Revenue '. X 8.116 .£7,172 Working expenses ... Ji7,704 JM.SGS Capital charges .£1,416 <£1,416 Debifi balance *£1,001 -7 Credit balance 1 — .£BBB Units sold 450.349 415,749 Coming to the returns for the eight months ended Novembor 30, it only needs a glance at the figures to 6ee that what has happened already to the tramways is approaching the Elec'.tric Liijht Department, 'viz., gradual overhauling of the revenue by the costing expenses. Where, in eight months, the revenue has increased by only X 6429, the working ex? penses have jumped up J320.951, which means that expenses are mounting up as quickly as the revenue is increasing. The figures for the eight'months (with a comparison for a similar period of las-1 yeitri are as follow:— 1920. 1919. Revenue J178,537 .£72,108 Working expenses...' ,£60,737 .£39,806 Capital charges J511,32S ,£11,328 Credit balance JC6.472 J!20,!)74 Units sold 4,849,836 4,424,965
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Dominion, Volume 14, Issue 72, 18 December 1920, Page 7
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169ELECTRIC LIGHT Dominion, Volume 14, Issue 72, 18 December 1920, Page 7
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