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B.—l [PT. IY, SUP.] .

NEW ZEALAND GOVERNMENT RAILWAYS— continued. Income and Expenditure in respect of Railway Operation, Year ended 31st March, 1927.

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Per Cent, of Per Cent, of PvnT.Arnrmrn. Operating Revenue. Operating Revenue EXPENDITURE. 1926-27. 1925-26. — INCOME. 1926-27. 1925-26 1926-27. 1925-26. 1926-27. , 1925-26. £ s. d. i £ s. d. £ s. d. £ s. d. Maintenance, way and works .. .. 1,074,334 6 11 1,144,384 8 10 14-47 15-08 Passengers, ordinary.. .. .. 2,045,348 1 4 2,271,497 12 7 27-56 I 29-93 Maintenance, signals .. .. .. 100,861 9 6 105,063 13 3 1-36 1-38 Passengers season tickets .. .. 258,831 18 7 265,549 4 2 3-49 3-50 Maintenance, rolling-stock .. .. 1,303,443 11 5 , 1,311,317 6 8 17-56 17-28 Parcels, luggage, and mails .. .. 377,367 8 10 409,206 13 9 5-08 j 5-39 Examination, lubrication, and lighting of 60,094 17 8 J 59,446 15 10 0-81 0-78 Goods .. .. .. .. 4,596,165 14 7 4,499,160 0 9 61-91 59-28 vehicles ; Labour, demurrage, &c. .. .. 145,758 18 7 143,860 11 3 1-96 1-90 Locomotive transportation .. .. 1,609,257 6 5 1 1,577,173 3 11 21-68 20-78 Traffic transportation .. .. .. 1,752,997 12 11 1,743,641 8 6 23-61 22-98 Head Office and general charges .. .. 82,286 12 8 82,528 6 1 1-11 1-09 Superannuation sub- £ s. d. sidy .. .. 187,573 10 6 Less amount allocated to subsidiary services, &c. .. .. 12,566 8 5 175,007 2 1 141,014 11 0 2-36 1-86 j — Total operating expenses .. 6,158,282 19 7 6,164,569 14 1 82-96 81-23 I Net operating revenue .. .. 1,265,189 2 4 1,424,704 8 5 17-04 18-77 ' 7,423,472 1 11 7,589,274 2 6 100-00 100-00 I 7,423,472 1 11 7,589,274 2 6 100-00 100-00 II _

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