B.—l [Pt. IV].

Note.—Unopened lines are under the control of the Public Works Department, and all expenditure out of the Public Works Fund in connection therewith is included in the accounts of that Department.

NEW ZEALAND GOVERNMENT RAILWAYS. Capital Account as at 31st March, 1933.

130

lessIssltewitoo?a?dSsion Year ended 31st March, 1933. Total to 31st March, Total to 31st March, year ended Total to 31st March, for Depreciation. > ly66 - wi2 - dlst March, 1933. IV66. Expenditure. £ s. d. £ s. d.l £ s. d. £ s. d. £ s. d.| Receipts. £ s. d.| £ s. d. £ s. d. Permanent - way, works, buildings, 48,342,650 1 3i .. 89,606 8 9 From General Government machinery, and plant (lines open Funds — for traffic) Public Works Fund .. 50,522,584 15 5 398,111 7 0 50,920,696 2 5 Deduct assets written off .. 1,547,407 7 6 .. 50,791 2 5 Wellington-Hutt Railway Im- 228,373 5 5 1 .. 228,373 5 5 46,795,242 13 9 38,815 6 446,834,058 0 l! provement Account Rolling-stock .. .. .. .. .. 166,865 4 2 Railways Improvement Ac- 641,275 7 8 .. 641,275 7 8 Deduct assets written off .. .. .. 74,438 15 1 count, 1904 10,412,361 5 0 92,426 9 110,504,787 14 1 Railways Improvements Autho- 8,648,618 6 10 .. 8,648,618 6 10 New lines in course of construction by rization Act 1914 Account Public Works Department and Consolidated Fund .. 4,296 7 10 .. 4,296 7 10 charged against — Westport Harbour Loans .. 328,190 0 0 .. 328,190 0 0 1. Rail ways "improvement Autho- .. 1,133,923 16 .. .. 1,133,923 1 6 Works constructed from Grey- 47,508 0 0 .. 47,508 0 0 rization Act 1914 Account mouth Harbour Board funds 2. Public Works Fund: Railways— .. 195,634 6 5 .. 118,042 4 1 313,676 10 6 Works constructed by provinces 1,787,741 0 0 .. 1,787,741 0 0 Improvements and additions and Midland Railway Co. at to open lines valuation : j Lake Wakatipu steamer service .. .. 31,560 14 11 .. .. 31,560 14 11 62,208,587 3 2 398,111 7 0 62,606,698 10 2 Road motor services .. .. .. 69,344 9 9 4,974 19 7 .. Deduct accrued depreciation and 10,400,000 0 0 .. 10,400,000 0 0 Deduct assets written off .. .. .. 4,981 3 9 Or. 6 4 2 69,338 5 7 other losses of capital written off in accordance with sub58,638,066 11 4 .. 249,277 15 458,887,344 6 8 section (2), section 23, of the Deduct accrued depreciation on the Government Railways existing assets — Amendment Act, 1931 Way and works .. .. 4,644,999 14 3 Deduct repayments to capital 439,189 16 8 323,422 12 8 762,612 9 4 Less full life assets as at 31st 1,547,407 7 6 in respect of depreciation March, 193L written of 51,369,397 6 6 74,688 14 4 51,444,086 0 10 3,097,592 6 9 .. 109,802 17 7 Advances to Capital Account from .. 31,262 16 7 31,262 16 7 Rolling-stock .. .. 4,076,396 6 10 .. 225,388 4 11 Working Railways Account Lake Wakatipu steamers .. 13,618 12 8 .. 426 0 0 Outstanding liabilities — Road motors .. .. 25,576 0 0 .. 4,577 0 0 Railways Department .. .. 286 7 7 286 7 7 7,213,183 6 3 340,194 2 6 7,553,377 8 9; Public Works Department .. .. 5,314 4 0 5,314 4 0 Or. 90,916 7 2 51,333,966 17 11 Add Depreciation Reserve Account .. .. .. 146,982 11 1 146,982 11 1 unexpended balance at 31st March, 1933 51,424,883 5 l| 56,066 3 1151,480,949 9 0 51,369,397 6 6 111,552 2 651,480,949 9 0