D.—2

RESULTS OF WORKING. The following is a summary of results of working, for year ending the 31st March, 1906, as compared with 1905: —

IV

Year ended 31st March. Particulaes. 1905. 1906. Total miles open for traffic 2,374 2,406 Average miles open for year 2,347 2,391 Capital cost of opened and unopened lines £23,003,704 £24,092,085 Capital cost of open lines £21,701,572 £22,498,972 Capital cost per mile of open lines ... £9,141 £9,410 Gross earnings £2,209,231 £2,349,704 Working-expenses £1,492,900 £1,621,239 NET PROFIT ON WORKING £716,331 £728,465 'ERCENTAGE INVESTED OF PROFIT TO CAPITAL 330 324 ERCENTAGE OF TO EARNINGS WORKING ■ EXPENSES 6758 6900 larnings per average mile open £938 £980 /orking-expenses per average mile open £634 £676 IET EARNINGS PER AVERAGE OPEN.. MILE £304 £304 larnings per train mile ... d. 8650 d. 87'75 7orking-expenses per train mile 58-46 60-47 fET EARNINGS PER TRAIN MILE 2804 2728 Passengers, ordinary 8,514,112 8,826,382 Season tickets 140,453 147,989 Goods tonnage 4,011,511 4,241,422 Live-stock tonnage 173,956 173,744 Train mileage 6,107,079 6,413,573 Locomotives 389 395 Passenger-cars 864 906 Wagons and brake-vans ... 13,885 14,127