1).—2.

STATEMENT No. 11. Statement of Losses on Developmental Branch Lines from 6th March, 1938, to 4th March, 1939, and Isolated Sections from 1st April, 1938, to 31st March, 1939.

STATEMENT No. 12, Statement of Cash Receipts and Payments.—Working Railways Account. Receipts. £ s. d. Payments. £ s. d. Balance brought forward .. .. .. 760,851 19 1 Investments, Siok Benefit Fund .. .. 800 0 0 Revenue receipts .. .. .. 9,430,704 17 6 Wages and vouchers .. .. .. 11,747,690 1 4 " Credits-in-aid " (Working Railways expen- Refunds to Harbour Boards, shipping comditure) .. .. .. .. 2,755,912 1 1 panies, and other carriers .. .. 535,294 13 8 Contributions to Sick Benefit Fund .. 35,115 1 3 Interest on capital .. .. .. 701,063 9 11 Interest on investments .. .. .. 8,681 10 1. Payments from Sick Benefit Fund .. .. 34,217 9 7 Investments realized .. .. .. 100,000 0 0 Balance as per general balance-sheet .. 72,199 14 6 £13,091,265 9 0 £13,091,265 9 0 Reconciliation Statement. „ . £ s. d. Credit balance in Working Railways Account as per Treasury figures .. .. 33,718 2 6 Add— Imprests outstanding .. .. .. .. .. .. .. 36,999 10 7 Cash in transit .. .. .. .. .. .. .. .. 1,482 1 5 Balance as per above statement .. .. .. .. . .. .. £72,199 14 6

12

I Average per Mile of Line operated. Mileage Loss on Feeder Total Net i n i£Snff & fed -,3 ef! « — BrmC »- operated. Working. Value. Loss. §§ 1§ £ I g lj dS I £ £ £ £ ££££££ Kaikohe .. .. .. .. 25 7,697 2,189 5,508 19,913 282 88 370 590 576 797 Kirikopuni .. .. .. 14 5,351 1,065 4,286 48,613 305 76 381 687 3,166 3,472 Waiuku .. .. .. .. 13 6,026 1,095 4,931 13,329 528 84 612 992 646 1,025 Taneatua .. .. .. .. Ill 32,862 8,402 24,460 137,371 843 76 919 1,139 1,017 1,238 Opunake .. .. .. .. 23 4,318 1,503 2,815 20,745 297 65 362 485 780 902 Greytown .. .. .. •• 3 2,849 361 2,488 2,925 122 120 242 1,071 146 975 North Island totals .. .. 189 59,103 14,615 44,488 242,896 629 77 706 942 1,050 1,285 Eyreton-Oxford .. .. .. 43 5,673 159 5,514 9,444 100 4 104 232 91 220 Cheviot .. .. .. .. 44 5,090 682 4,408 19,148 473 16 489 584 335 435 Little River .. .. .. 23 6,285 112 6,173 10,785 376 5 381 649 201 469 Southbridge .. .. . • 26 801 340 461 4,156 666 13 679 697 142 160 Whitecliffs .. .. .. 12 4,047 231 3,816 4,471 199 19 218 536 55 373 Methven .. .. .. .. 23 4,293 549 3,744 7,099 349 24 373 535 146 309 Springburn.. .. .. .. 28 1,715 225 1,490 3,856 144 8 152 206 84 138 Eairlie .. .. .. .. 36 1,554 488 1,066 6,859 404 14 418 447 161 191 Waimate .. .. .. .. 13 5,976 482 5,494 7,450 191 37 228 651 150 573 Kurow .. .. .. •• 37 7,196 288 6,908 10,762 215 8 223 409 104 291 Ngapara .. .. .. .. 15 2,757 245 2,512 5,996 347 16 363 531 232 400 Waihemo .. .. .. . • 9 867 319 548 1,847 277 35 312 374 144 205 Otago Central .. .. .. 147 31,130 850 30,280 92,584 742 6 748 954 424 630 Outram .. .. .. .. 9 1,941 78 1,863 3,394 138 9 147 353 170 377 Roxburgh .. .. .. .. 61 15,131 400 14,731 44,636 225 7 232 473 490 732 Catlins River .. .. .. 43 3,859 765 3,094 22,514 338 18 356 428 452 524 Tapanui .. .. .. .. 27 5,816 529 5,287 10,264 239 20 259 454 184 380 Waikaka .. .. .. .. 13 1,977 193 1,784 4,580 145 15 160 297 215 352 Switzers .. .. .. .. 14 2,363 158 2,205 5,251 88 11 99 257 218 375 Wyndham.. .. .. .. 4 1,013 247 766 1,385 240 62 302 493 155 346 Seaward Bush .. .. .. 34 6,036 261 5,775 12,997 279 8 287 456 212 382 Orawia .. .. .. .. 9 791 149 642 5,056 113 17 130 201 490 562 Forest Hill .. .. .. 13 1,340 256 1,084 1,985 160 20 180 263 69 153 Mararoa .. .. .. .. 12 1,149 153 996 1,990 89 13 102 185 83 166 South Island totals .. .. 695 118,800 8,159 110,641 298,509 376 12 388 546 270 430 Totals, both Islands.. .. 884 177,903 22,774 155,129 541,405 430 26 456 631 437 612 Isolated Sections. Kaihu .. .. .. .. 24 8,580 .. 8,580 15,460 .. .. 182 540 287 644 Gisborne .. .. .. .. 56 1,898 .. 2,028 35,025 .. .. 587 62l 592 625 Nelson .. •• •• 64 11,050 .. 11,050 32,839 .. .. 193 366 340 513 Picton .. .. .. .. 56 7,135 .. 7,135 31,917 .. .. 710 837 443 570 Totals .. .. .. 200 28,663 .. 28,793 115,241 .. .. 447 590 433 576 Grand totals .. .. 1,084 206,566 22,774 183,922 656,646