D—2.

STATEMENT No. 1. Capital Account as at 31st March, 1939.

2

Total to 31st March, Year ended ! Total to 31st March, Total to 31st March, Year ended Total fco 31st March, 1938. | 31st March, 1939. j 1939. 1938. ; 31st March, 1939. 1939. Expenditure. £ s. d. £ s. d. £ s. d. Receipts. £ s. d. £ s. d. £ s. d. Permanent-way —-Works, buildings, 51,377,269 14 3 1,090,515 15 5 52,467,785 9 8 Capital included in public debt .. 57,326,681 4 11 2,511,428 19 9 59,838,110 4 8 machinery, plant, and dwellings Other capital .. .. .. 9,033,902 6 6 .. 9,033,902 6 6 Rolling-stock, lake steamers, and road 12,284,791 15 1 1,492,086 0 3 13,776,877 15 4 motors 66,360,583 11 5 2,511,428 19 9 68,872,012 11 2 Lines closed for traffic .. .. 362,662 9 4 .. 362,662 9 4 Deduct accrued depreciation and 10,400,000 0 0 .. 10,400,000 0 0 other losses of capital written off 64,024,723 18 8 2,582,601 15 8 66,607,325 14 4 in accordance with subsection (2), Deduct accrued depreciation on exist- 8,281,158 18 7 323,041 13 11 8,604,200 12 6 section 23, of the Government ing assets Railways Amendment Act, 1931 55,743,565 0 1 2,259,560 1 9 58,003,125 1 10 __ Add unexpended balances: Deprecia- 321,622 2 6 351,860 10 9 673,482 13 3 55,960,583 11 5 2,511,428 19 9 58,472,012 11 2 tion Fund Outstanding liabilities .. .. 104,603 11 2 99,991 12 9 204,595 3 11 £56,065,187 2 7 £2,611,420 12 6 £58,676,607 15 1 £56,065,187 2 7 £2,611,420 12 6 £58,676,607 15 1 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.