B. —1 [PT. IV

WORKING RAILWAYS ACCOUNT— continued. Income and Expenditure of the Whole Undertaking for the Year ended 31st March, 1936.

Net Revenue Account.

91

Year 1935-36. Year 1934-35. . : p — — 1 —— Gross Revenue. Expenditure. Net Revenue. 1 Gross Revenue. Expenditure. ; Net Revenue. I ! £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Railway operation .. .. .. .. .. 6,243,518 17 9 5,523,192 18 11 720,325 18 10 5,908,063 15 4 5,138,588 0 6 769,475 14 10 Lake Wakatipu steamers .. .. .. .. .• 10,597 14 7 9,398 11 9 1,199 2 10 10,646 10 6 10,268 19 9 377 10 9 Refreshment service .. 89,132 2 3 84,976 11 2 4,155 11 1 79,817 3 8 77,684 19 4 2,132 4 4 Book-stall service .. •. .. . • • • 45,797 12 5 43,041 11 0 2,756 1 5 36,846 0 2 34,564 11 0 2,281 9 2 Advertising service . . .. .. . • • - 31,774 4 2 29,391 2 10 2,383 1 4 30,029 12 7 27,941 18 9 2,087 13 10 Dwellings .. .. .. .. .. . . 129,254 13 7 156,692 3 2 Dr. 27,437 9 7 105,338 6 3 155,302 4 4 Dr. 49,963 18 1 Buildings occupied by refreshment service, bookstall pro- 17,909 0 3 11,463 14 10 6,445 5 5 17.346 1 10 11,480 14 7 5,865 7 3 prietors, &c. Road motor services .. .. .. .. .. .. 103,279 13 0 94,682 8 7 8,597 4 5 90,278 4 7 84,605 11 3 5,672 IS 4 Miscellaneous revenue .. .. .. .. .. 333,052 3 7 .. 333,052 3 7 349,562 3 4 .. 349,562 3 4 J * _! : 7,004,316 1 7 5,952,839 2 3 6,627,927 18 3 5,540,436 19 6 Total net revenue to Net Revenue Account .. .. .. •• 1,051,476 19 4 .. .. 1,087,490 18 9

7 ~ j : " "" y ■#> • 11 SfaMSftBiBfeffil ' " . : <nvs».;> ■■:■■.■ " " ~ _ 'V Dr. 1935-36. 1934-35. j Cr. 1935-36. 1934-35. I __ ' , ! ! ill ■ I £ s. d. £ s. d. £ s. d. £ s. d. To Interest charges .. .. .. .. 2,300,050 15 10 2,330,885 11 7 By Net earnings before charging interest on capital. . 1,051,476 19 4 , 1,087,490 18 9 Reduction on account of interest charges, vide 1,248,573 16 6 1,243,394 12 10 Section 14, Finance Act, 1930 (No. 2) 2,300,050 15 10 2,330,885 11 7 2,300,050 15 10 1 2,330,885 11 7