D.—2.

STATEMENT No. 11. Statement of Losses on Developmental Branch Lines from 1st March, 1931, to 27th February, 1932, and Isolated Sections from 1st April, 1931, to 31st March, 1932.

STATEMENT No. 12. Statement op Cash Receipts and Payments.'—Working Railways Account. Receipts. £ s. d. Payments. £ s. d. To Balance brought forward .. 488,177 2 8 By Investments, Sick Benefit Fund .. 4,400 0 0 Revenue receipts .. .. 6,478,876 16 1 Wages and vouchers .. .. 5,764,832 14 5 " Credits-in-aid " (Working Rail- Refunds to Harbour Boards, shipways expenditure) .. .. 673,404 8 0 ping companies, and other carriers 251,422 5 4 Contributions to Sick Benefit Fund 26,580 16 9 Interest on capital .. .. 841,720 2 9 Interest on investments .. .. 10,010 18 6 Payments from Sick Benefit Fund 21,892 9 5 Investments realized .. ~ 50,000 0 0 Investments .. .. .. 650,000 0 0 Balance as per general balance-sheet 202,782 10 1 £7,727,050 2 0 £7,727,050 2 0 Reconciliation Statement. £ s- <j. Credit balance in Working Railways Account as per Treasury figures .. 199,705 19 3 Add Imprests outstanding.. .. .. .. .. .. 3,076 11 4 202,782 10 7 Less excess credit by Bank of New Zealand .. .. .. 0 0 6 Credit balance as per above statement .. .. .. .. £202,782 10 1

12

Average per Mile of Line operated. Branches showing Loss. Worldng. Value' || || 31 If f 3« 1 interest. gg g s -g ,, m ® ® oo gt a $ £ £ £ #£££££ Kaikohi .. .. .. .. 25 2,441 5,754 20,487 200 98 298 528 589 819 Kirikopuni .. .. .. 14 7,205 1,794 5,411 50,421 190 128 318 705 3,215 3,602 Waiuku .. .. .. .. 13 3,520 1,616 1,904 10,627 364 124 488 635 671 817 Taneatua .. .. .. .. Ill 38,400 9,824 28,576 145,532 479 89 568 825 1,054 1,311 Toko .. .. .. .. 48 10.106 1,752 8,354 41,367 362 37 399 573 688 862 Opunake .. .. .. .. 23 4,254 1,999 2,255 20,763 210 87 297 395 805 903 Greytown .. .. .. .. 3 1,912 738 1,174 1,694 ,137 246 383 774 173 565 North Island totals .. .. 237 73,592 20,164 53,428 290,891 372 85 457 683 1,002 1,227 Eyreton-Oxford .. .. .. 43 3,235 866 2,369 9,173 138 20 158 213 158 213 Cheviot .. .. .. .. 44 8,414 1,910 6,504 23,034 382 43 425 573 376 524 Little River .. .. .. 23 5,073 291 4,782 9,492 318 13 33] 539 205 413 South bridge .. .. .. 26 1,897* 1,247 3,144* 1,663 712 48 760 639 185 65 Whitecliffs .. •. .. 12 639 844 205* 927 179 70 249 233 93 77 Methven .. .. .. .. 23 346 2,839 2,493* 1,369 456 123 579 471 168 60 Springburn.. .. .. .. 28 4,189 689 3,500 6,528 141 25 166 291 108 233 Fairlie .. .. .. .. 36 1,566 1,487 79 7,172 368 41 409 412 197 199 Waimate .. .. .. .. 13 3,991 1,799 2,192 4,533 228. 138 366 535 180 349 Kurow .. .. .. .. 37 620 2,715 2,095* 4,417 447 73 520 464 176 119 Ngapara-Livingstone .. .. 15 1,969 761 1,208 8,327 313 51 364 444 475 555 Waihemo .. .. .. .. 9 465 1,086 621* 963 212 121 333 263 176 107 Otago Central .. .. .. 147 23,103 2,443 20,660 86,618 564 17 581 722 449 589 Outram .. .. .. .. 9 2,202 502 1,700 3,599 175 56 231 420 211 400 Roxburgh .. .. .. .. 61 15,908 1,546 14,362 45,306 221 25 246 482 507 743 Oatlin's River .. .. .. 43 9,713 3,165 6,548 26,748 302 74 376 528 470 622 Tapanui .. .. .. .. 27 4,903 1,695 3,208 8,811 201 63 264 382 208 326 Waikaka .. .. .. .. 13 743 728 15 2,989 148 56 204 206 229 230 Switzers .. .. .. .. 14 739 734 5 3,587 125 52 177 178 256 256 Glenham .. .. .. .. 4 1,070 766 304 2,656 214 192 406 482 588 664 Seaward Bush .. .. .. 34 2,821 832 1,989 10,341 256 24 280 339 246 304 Orawia .. .. .. .. 9 1,520 470 1.050 5,807 81 52 133 250 529 645 Forest Hill .. .. .. 13 350 800 450* 642 148 62 210 175 84 49 Mararoa .. .. .. .. 12 550 387 163 1,447 68 32 100 114 107 121 South Island totals .. .. 695 92,232 30,602 61,630 276,149 342 44 386 475 309 397 Total, both Islands .. .. 932 165,824 50,766 115,058 567,040 350 54 404 528 485 608 Isolated /Sections. Kaihu .. .. .. .. 24 2,452 .. 2,452 9,745 .. .. 190 292 304 406 Gisborne .. .. .. .. 60 9,764 .. 9,764 43,310 .. .. 289 452 559 722 Nelson .. .. .. .. 64 12,114 . . 12,114 34,075 .. .. ; 287 476 343 532 Pioton .. .. .. .. 56 449 .. 449 26,389 .. .. 582 590 463 471 Total .. .. .. 204 24,779 .. 24,779 113,519 .. .. 1,348 1,810 1,669 2,131 Grand total .. .. 1,136 190,603 50,766 139,837 680,559 * Indicates profit.