D.—2.

STATEMENT No. 13. \ RENEWALS, DEPRECIATION, AND EQUALIZATION RESERVE ACCOUNTS. General Reserve Account. I £ s. d. j Balance .. .. .. .. £1,144,552 17 8 i ' ' ■ Insurance Reserve Account. Expenditure. £ s. d. Income. £ s. d. Losses .. .. .. .. .. 4,704 9 10 Balance from previous year .. .. .. 104,248 1 7 Upkeep railway lire brigades and firo appliances.. 3,645 7 4 Premiums debited to working-expenses .. 6,664 17 11 Balance .. .. .. .. .. 102,563 2 4 £110,912 19 6 £110,912 19 6 Balance .. .. .. .. . . £102,563 2 4 Workers' Compensation Reserve Account. Expenditure. £ s. d. Income. £ s. d. Accident payments .. .. .. .. 58,085 6 0 Balance from previous year .. .. .. 39,863 10 9 Balanoe .. . , .. .. .. 51,192 14 5 Premiums debited to working-expenses .. 69,414 9 8 £109,278 0 5 £109,278 0 5 Balanoe .. .. .. .. .. £51,192 14 5 Slips, Floods, and Accidents Equalization Reserve Account. Expenditure. £ s. d. Income. £ s. d. Repairs to bridges, track, &c... .. .. 9,813 3 6 Balance from previous year .. .. .. 668 0 2 Balance .. .. .. .. .. 10,693 16 8 Contributions debited to working-expenses .. 19,839 0 0 £20,507 0 2 £20,507 0 2 Balance .. .. .. .. .. £10,693 16 8 Betterments Reserve Account. Expenditure. £ s. d. Income. £ s. d. Refreshment Branch .. . . . . 1,084 4 6 Balance from previous year .. .. .. 3,248 2 0 Balance .. .. ~ .. 3,663 17 6 Contributions debited to working-expenses, Refreshment Branch .. .. .. 1,500 0 0 £4,748 2 0 £4,748 2 0 Balanoe .. .. .. .. .. £3,663 17 6 Renewals Reserve Account. Expenditure. £ s. d. Income. £ s. d. Relaying of track .. .. .. .. 328,723 8 2 Balance from previous year .. .. .. 700,333 6 9 Refreshment Branch .. .. .. 92 1 8 Contributions debited to working-expenses .. 211,190 0 0 Balance .. .. .. .. .. 582,707 16 11 £911,523 6 9 £911,523 6 9 ■ = Balanoe .. .. .. .. .. £582,707 16 11 Depreciation Reserve Account. Expenditure. £ s. d. Income. £ s. d. Way and works and bridges .. .. 113,089 11 3 Balance from previous year .. .. 673,482 13 3 Operating buildings .. .. .. 1,584 1 9 Contributions— Signalling and interlocking .. .. .. 9,157 13 5 Way and works, bridges, wharves and plant 77,320 9 8 Rolling-stock .. .. .. .. 99,928 15 4 Operating buildings .. .. .. 42,021 0 0 Locomotive running and car and wagon depot Signals, interlocking, and eleotric. traction .. 62,891 2 6 plant .. .. .. .. .. 3,705 11 9 Rolling-stock .. .. .. .. 397,159 4 5 Dwellings .. .. .. .. 7,963 4 2 Locomotive running and car and wagon depot Refreshment, advertising, road service and stores plant .. .. .. .. 3,268 0 0 buildings .. .. .. .. 36,996 5 5 Dwellings .. .. .. .. 43,260 0 0 Workshops buildings and plant .. .. 2,512 3 5 Head Office buildings and plant .. .. 3,916 0 0 Balance .. .. .. .. .. 1,138,244 17 1 Refreshment, advertising, road service, and stores buildings .. .. .. 7,872 0 0 Workshops buildings and plant .. .. 43,798 0 0 Lake Wakatipu steamer servioe .. ... 664 0 0 Road services .. .. .. .. 57,529 13 9 £1,413,182 3 7 £1,413,182 3 7 Balance .. .. .. .. ..£1,138,244 17 1

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