D.—2

4

STATEMENT No. 2. Income and Expenditure of the Whole Undertaking for the Year ended 31st March, 1930.

Net Revenue Account.

Year 1929-30. I Year 1928-29. Statement ; ; I No. Gross Revenue. J Expenditure. Net Revenue. Gross Revenue. Expenditure. | Net Revenue. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Railway operation .. .. .. .. .. S 7,473,993 1 6 6,848,025 11 2 625,967 10 4 7,524,864 1 3 6,374,579 1 9 1,150,284 19 6 Lake Wakatipu steamers .. .. .. 4 11,446 17 7 18,374 6 0 Dr. 6,927 8 5 10,940 9 8 17,424 16 3 Dr. 6,484 6 7 Refreshment service .. .. .. .. 5 131,342 Oil 124,361 0 10 6,981 0 1 123,058 19 8 116,090 6 5 6,968 13 3 Bookstall service .. .. .. .. 5a 959 3 8 869 4 11 89 18 9 322 8 5 300 14 8 21 13 9 Advertising service .. .. .. .. 6 53,532 2 0 53,151 5 9 380 16 3 53,983 15 3 50,719 9 7 3,264 5 8 Dwellings ... .. .. .. .. 7 109,648 9 6 187,815 18 2 Dr. 78,167 8 8 105,897 7 5 170,073 8 9 Dr. 64,176 1 4 Buildings occupied by refreshment service, book- 8 21,404 14 11 9,143 17 3 12,260 17 8 19,455 1 0 8,483 0 7 10,972 0 5 stall-proprietors, &c. Road motor-services .. .. .. .. 8a 105,702 7 1 117,117 6 5 Dr. 11,414 19 4 102,385 7 7 111,712 8 5 Dr. 9,327 0 10 Miscellaneous revenue .. .. .. .. 380,086 19 0 .. 380,086 19 0 308,131 2 7 .. 308,131 2 7 8,288,115 16 2 7,358,858 10 6 8,249,038 12 10 6,849,383 6 5 Total net revenue to Net Revenue Account .... .. .. 929, 257 5 8 .. .. 1,399,655 6 5

Dr. 1929-30. 1928-29. Cr. 1929-30. I 1928-29. I j | £ s. d. £ s. d. £ s. d. £ s. d. To Interest on capital .. .. .. .. 2,132,324 0 9 2,331,334 14 5 By Net earnings before charging interest on capital.. 929,257 5 8 1,399,655 6 5 Adjustment of accrued subsidy on branch lines 8,201 10 8 .. Subsidy, branch lines and isolated sections .. .. 498,936 13 11 and isolated sections, year ended 31st March, Deficit carried to Net Revenue Appropriation 1,211,268 5 9 432,742 14 1 1929 Account 2,140,525 11 5 2,331,334 14 5 2,140,525 11 5 2,331,334 14 5 Net Revenue Appropriation Account. Dr. i 1929-30. 1928-29. Cr. j 1929-30. 1928-29. £ s. d. £ s. d. £ s. d. £ s. d. To Balance from previous year .. .. .. J 802,830 19 9 370,088 5 8 By Balance carried forward .. .. .. 2,042,016 12 9 j 802,830 19 9 Betterments .. .. .. .. j 27,917 7 3 Net Revenue Account .. .. .. 1,211,268 5 9 432,742 14 1 2,042,016 12 9 802,830 19 9 2,042,016 12 9 802,830 19 9