D.-2

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STATEMENT No. 2. Income and Expenditure of the Whole Undertaking for the Year ended 31st March, 1934.

Year 1983-34. | Year 1932-33 Statement ■ ! ; I ! No. Gross Revenue. j Expenditure. | Net Revenue. Gross Revenue. j Expenditure. | Net Revenue. * ; - I £ s. d. £ s. d. £ s. d. £ s. d. j £ s. d. £ s. d. Railway operation .. .. .. .. 3 5,628,835 8 1 4,877,145 13 5 | 751,689 14 8 5,339,075 5 10 i 4,833,754 7 1 505,320 18 9 Lake Wakatipu steamers .. .. .. 4 9,616 17 4 9,610 7 2: 6 10 2 7,864 8 10 ! 8,1991310 Dr. 335 5 0 Refreshment service .. .. .. .. 5 73,657 6 1 72,871 12 11 j 785 13 2 69,505 0 4 66,576 15 4 2,928 5 0 Book-stall service .. .. .. .. 5a 20,786 0 0 19,102 3 5 ! 1,683 16 7 12,384 15 6 j 11,315 0 1 1,069 15 5 Advertising service .. .. .. .. 6 32,706 16 1 30,159 2 7 2.547 13 6 33,613 9 1 29,936 12 8 3,676 16 5 Dwellings .. .. .. .. .. 7 137,238 9 0 150,781 0 1 \ Dr. 13,542 11 1 137,575 4 8 j 145,786 9 5 Dr. 8,211 4 9 Buildings occupied by refreshment service, book- 8 15,749 1 2 10,666 7 4 5,082 13 10 16,224 4 10 10,166 9 7 6,057 15 3 stall proprietors, &c. Road motor services .. .. .. .. 9 79,183 18 2 I 76,816 6 2 j 2,367 12 0 78,644 3 3 ! 78,123 9 6 520 13 9 Miscellaneous revenue .. .. .. .. 334,937 13 6 .. ■ 334,937 13 6 339,516 14 8 .. 339,516 14 8 6,332,711 9 5 5,247,152 13 1 j 6,034,403 7 0 ; 5,183,858 17 6 Total net revenue to Net Revenue Account .. .. .. .. I 1,085,558 16 4 j .. I .. 850,544 9 6 Net Be venue Account. Dr. 1933-34. | 1932-33. j Or. j 1933-34. j 1932-33. £ s. d. £ s. d. £ s. d. £ s. d. To Interest charges .. .. .. .. 2,282,365 4 2 2,230,655 4 10 By Net earnings before charging interest on capital.. i 1,085,558 16 4 850,544 9 6 Reduction on account of interest charges, vide j 1,196,806 7 10 1,380,110 15 4 Section 14, Finance Act, 1930 2,282,365 4 2 2,230,655 4 10 \ 2,282,365 4 2 2,230,655 4 10