THE TRAMWAYS
ELEVEN MONTHS’ FIGURES WORKING EXPENSES INCREASED BY £ll,OOO In common with tramway enterprise the world over, the Wellington city tramways have felt the pinch of increased working expenses during the past year. A glance at the figures for the 48 weeks ended March 2, gives a clear indication as to how ourservice, financially, has “advanced backward.” At this time last year the figures showed a credit of £16,459 on a capital of .£BOO,OOO, but on March 2 this year the debit was £1743. Tho figures for the 48-week period of this and last year are as follow: — 1920-1921. 1919-1920. Revenue .£316,269 Working expenses £267,174 £188,694 Special expenditure £2,918 £5,005 Capital charges .... £47,920 £42,439 Debit balance £1,743 — Credit balance — £10,459 Revenue per car mile 26.27 d. 21.25 d. Working expenses per car mile ..., 22.19 d. 15.87 d. Percentage of working expenses to revenue 84 p.o. 74 p.o, Passengers carried ... 34,376,445 34,224.486 Car mil as run 2,888,860 2,852,146 POWER SUPPLY. The debit balance to the power supply and track lighting account has increased during the four months under review by £1073. The report in. connection with the working of this department for the 48 weeks from April 1, 1920, to March 2 last, was as follows: —
1920-21. £ 1919-20.. £ Revenue . 29,437 23,794 Working expenses .. 27,608 15.986 Capital chargee . 6,921 6,205 Debit balance .. 4,492 ' — Credit balance . — 1,603 FEBRUARY'S FIGURES'-BETTER. Details of the return for the four weeks ended March 2 are as follow:— 1921. 1920. Revenue .£30,563 .£24,040 Working expenses ... .£24,802 .£17,217 Special expenditure... JG362 .£370 Capital charges .£4,271 .£3,502 Credit balance .£1,128 .£2,921 Revenue per car mile 29.67d. 23.58d. Working expenses per car mile 24.08d. 16.92d. Percentage of working expenses to revenue 81 p.c. 72 p.c. Passengers carried .... 3,024,480 3,036,723 Car miles run 247,183 244,633
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Dominion, Volume 14, Issue 146, 16 March 1921, Page 8
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294THE TRAMWAYS Dominion, Volume 14, Issue 146, 16 March 1921, Page 8
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