TRAMWAY EARRINGS.
CHRISTCHURCH BOARD IS -REVENUE. (Per Press Association.) CHRISTCHURCH, April 6. Tho revenue account for tho year ending March 31st, 1908, presented at a meeting of the Christchurch Tramway Board this afternoon, showed tho gross earnings from operations to bo £91,183 15s 6d, operating expenses £SB,OSS 17s 7d, net earnings from operations £33,094 17s lid. Deduct interest £17,752 4s Bd, sinking fund £2051 9s Sd, net incomo £13,291 3s 7d. Deduct depreciation 3 per cent, on £405,000, £12,150. five insurance reserve £470 10s, accident reserve £470 10s. Surplus £IBB 3s 7d.
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Bibliographic details
Gisborne Times, Volume XXVI, Issue 2159, 7 April 1908, Page 3
Word Count
92TRAMWAY EARRINGS. Gisborne Times, Volume XXVI, Issue 2159, 7 April 1908, Page 3
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