D.—2.

STATEMENT No. 1. Capital Account as at 31st March, 1937.

2

Total to 31st March i Year ended, I Total to 31st March, | i Total to 31st March, ! Year ended I Total to 31st March, ! 1988. I 31st, March, 1937. 1937. II j 1936. i 31st, March, 1937. | 1937. , 1; 4/i % p 1 I W 18 f II ■■a I i L I Expenditure. £ s. d. £ s. d. £ s. d. Receipts. £ s. d. £ s. d. £ s. d. Permanent-way— Works, buildings, ma- 50,015,491 10 3 636,972 3 7 50,652,463 13 10 Capital included in public debt .. 55,588,785 7 11 439,986 0 10 56,028,771 8 9 chinery, plant, and dwellings Other capital .. .. .. 9,033,902 6 6 .. 9,033,902 6 6 Rolling-stock, lake steamers, and road 11,085,152 17 4 370,040 19 10 11,455,193 17 2 motors 64,622,687 14 5 439,986 0 10 65,062,673 15 3 Lines closed for traffic .. .. 290,981 17 10 .. 290,981 17 10 Deduct accrued depreciation and 10,400,000 0 0 .. 10,400,000 0 0 other losses of capital written off 61,391,626 5 5 1,007,013 3 5 62,398,639 8 10 in accordance with subsection (2), Deduct accrued depreciation on exist- 7,578,511 13 10 335,180 14 6 7,913,692 8 4 section 23, of the Government ing assets Railways Amendment Act, 1931 53,813,114 11 7 671,832 8 11 54,484,947 0 6 Add unexpended balance: Deprecia- 439,944 5 8 0.228,454 8 9 211,489 16 11 54,222,687 14 5 439,986 0 10 54,662,673 15 3 tion Reserve Outstanding liabilities .. .. 30,371 2 10 3,391 19 4 33,763 2 2 £54,253,058 17 3 £443,378 0 2 £54,696,436 17 5 £54,253,058 17 3 £443,378 0 2 £54,696,436 17 5 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