D.— 2.

STATEMENT No. 2. Income and Expenditure of the Whole Undertaking for the Year ended 31st March, 1931.

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Year 1930-31. Year 1929-30. Statement __ : So. Gross Revenue. Expenditure. Net Revenue. Gross Revenue. Expenditure. Net Revenue. £ s. d. I £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Railway operation .. -• 3 6,781,387 14 5 .6,406,143 11 3 375,244 3 2 7,473,993 1 6 6,848,025 11 2 625,967 10 4 Lake Wakatipu steamers 4 9,165 10 2 14,063 15 6 Dr. 4,898 5 4 : 11,446 17 7 18,374 6 0 Dr. 6,927 8 5 Refreshment service .. •• 5 116,664 19 5 113,323 14 1 3,341 5 4 : 131,342 0 11 I 124,361 0 10 6,981 0 1 Book-stall service .. .. •• 5a 3,897 16 8 3,18117 2 715 19 6 959 3 8 869 4 11 89 18 9 Advertising service .. .. •• 6 49,941 3 0 48,69119 8 1,249 3 4 53,532 2 0 53,151 5 9 380 16 3 Dwellings . •• 7 116,256 7 3 178,410 6 10 Dr. 62,153 19 7 j ' 109,648 9 6 187,815 18 2 Dr. 78,167 8 8 Buildings occupied by refreshment service, book- 8 20,022 2 0 9,803 19 4 10,218 2 8 21,404 14 11 9,143 17 3 12,260 17 8 stall proprietors, &e. \ „„ -,*,*,-,, * Road motor services . .. .. .. 9 103,347 18 11 : 109,190 14 1 Dr. 5,842 15 2 105,702 7 1 117,117 6 5 Dr. 11,414 19 4 Miscellaneous revenue.. .. 370,853 4 2 : .. 370,853 4 2 380,086 19 0 „ 380,086 19 0 7,571,536 16 0 6,882,809 17 11 8,288,115 16 2 7,358,858 10 6 Total net revenue to Net Revenue Account .. .. .. .. 688,726 18 1 ... .. 929,257 5 8 Net Revenue Account. Dr. 1930-31. 1929-30. Cr 1930-31. 1929-30. £ s. d. £ s. d. £ s. d. £ s. d. To Interest charges .. .. .. .. 2,255,345 9 10 2,132,324 0 9 By Net earnings before charging interest on capital.. 688,726 18 1 929,257 5 8 Adjustment of accrued subsidy on branch lines .. 8,201 10 8 " Deficit carried to Net Revenue Appropriation 1,566,618 11 9 1,211,268 5 9 and isolated sections, vear ended 31st March, Account 1929 2,255,345 9 10 2,140,525 11 5 2,255,345 9 10 2,140,525 11 5 Net Revenue Appropriation Account. Dr. 1930-31. 1929-30. Cr. 1930-31. 1929-30. £ s. d. £ s. d. £ s. d. £ s. d. To Balance from previous year .. .. .. 2,042,016 12 9 802,830 19 9 By Consolidated Fund — Advance under Section 37, 150,000 0 0 Betterments .. .. .. .. .. 27,917 7 3 Government Railways Act, 1926, written off vide Net Revenue Account '.'. .. '.'. 1,566,618 11 9 1,211,268 5 9 Appropriation Act, 1930 Reduction on account of interest charges vide 1,566,618 11 9 Section 14, Finance Act, 1930 Balance carried forward .. .. .. 1,892,016 12 9 2,042,016 12 9 | 3,608,635 4 6 2,042,016 12 9 3,608,635 4 6 2,042,016 12 9