D.—2

Summary of Expenditure.

STATEMENT No. 9A. Income and Expenditure Account in respect of Subsidiary Services.

STATEMENT No. 10. Railway Employees' Sick Benefit Society.

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North Island Main j , 80 ] . Item. Gisborne. Line and Branches «nd Westport. Nelson. Picton. Total. and Kaihu. Branches. ________ £ £ £ £ £ £ £ Maintenance of Way and Works .. .. 15,356 962,698 592,507 18,639 6,921 19,261 1,615,382 Maintenance of Signals and Electrical Appliances 303 148,543 87,478 1,170 134 541 238,169 Maintenance of Rolling-stock .. .. 4,206 1,378,562 800,548 19,255 2,571 6,334 2,211,476 Examination, Lubrication, and Lighting of 145 59,455 39,010 1,454 174 235 100,473 Vehicles Locomotive Transportation .. .. 8,608 1,376,600 601,105 12,819 5,174 9,139 2,013,445 Traffic Transportation .. .. .. 6,160 1,430,478 999,803 25,870 4,966 12,575 2,479,852 General Expenses . . .. .. .. 179 46,020 24,909 825 78 281 72,292 Superannuation Subsidy .. .. .. 423 109,179 59,096 1,952 186 667 171,503 Total .. .. .. 35,380 5,511,535 3,204,456 81,984 20,204 49,033 8,902,592 Per cent, of operating revenue .. .. 136-09 83-46 89-35 71-44 180-22 116-12 85-73 Per mile of railway .. .. £ 722-04 3,477-31 1,997-79 2,274-83 336-73 875-59 2,626-13 Per train-mile .. .. .. pence 171-19 140-41 167-57 266-06 107-38 210-60 151-11

Payments to Service. Revenue. Expenditure. Expenses. Net Proflt - Kent, &c. £ £ £ £ £ Lake Wakatipu steamers .. .. .. 7,153 10,566 785 11,351 Dr. 4,198 Refreshment .. .. .. .. .. 251,043 210,520 17,757 228,277 22,766 Bookstall .. .. .. .. .. 140,864 118,623 13,537 132,160 8,704 Advertising .. .. .. .. .. 27,742 16,925 7,989 24,914 2,828 Departmental dwellings .. .. .. 147,389 147,514 72,890 220,404 Dr. 73,015 Buildings occupied by refreshment service, bookstall- 38,533 13,575 14,338 27,913 10,620 proprietors, &c. Road services .. .. .. .. 551,153 499,066 9,357 508,423 42,730 1,163,877 1,016,789 136,653 1,153,442 10,435

Income and Expenditure. EXPENDITURE, 1941-42. 1940-41. INCOME. 1941-42. 1940-41. £ £ £ £ Sick benefits paid to members .. .. 40,339 40,466 Contributions .. .. .. .. 24,055 26,136 Entrance fees .. .. .. .. 251 215 Interest on investments .. .. .. 1,172 1,467 Subsidy as per section 5, subsection (1), of 8,000 8,000 Government Railways Amendment Act, 1928, chargcd to Working Railways.Account Balance being excess of expenditure over income 6,861 4,648 for the year 40,339 40,466 40,339 40,466 Excess of expenditure over income .. .. 6,861 4,648 Accumulated funds brought forward on 1st April 38,494 43,142 Balance accumulated funds as at 31st March 31,633 38,494 38,494 43,142 38,494 43,142 Balance-sheet. Liabilities. £ £ Assets. £ £ Accumulated funds .. .. .. 31,633 38,494 Investments .. .. .. .. 28,538 39,365 Sick pay due not paid .. .. .. 16 45 Contributions outstanding at 31st March .. 10 20 Working Railways Account .. .. .. 846 Cash in Working Railways Account .. .. 3,101 31,649 39,385 31,649 39,385