1.—15

(b) Expenditure The following two tables give some idea of the expenditure structure of these Transport Boards. The fact that there are no payments for construction works over the last two years is indicative of the impact of the war on tramway undertakings, which have been unable to undertake any new construction work and even unable to keep up effectively with maintenance operations. This fact suggests that there will be some major operations necessary in post-war years not only in these two transport districts, but also in other tramway areas throughout the Dominion, so that, although the amounts payable by way of interest and amortization over the past two years has tended to fall, it will probably rise in the post-war years

Table showing Payments of Urban Transport Boards on Construction and Maintenance from 1924-25 to 1943-44

Table showing Payments of Urban Transport Boards from 1924-25 to 1943-44

107

Construction. Financial Year. Out of Out of Revenue Maintenance. Loans. and Grants. £ £ £ 1924-25 .. .. 10,002 .. 185,028 1925-26 .. .. 30,167 .. 181,677 1926-27 .. .. 31,503 .. 189,408 1927-28 .. .. 7,884 .. 185,934 1928-29 .. .. .. .. 180,528 1929-30 .. ' .. 128,544 .. 719,554 1930-31 .. .. 231,917 1,803 659,784 1931-32 .. .. 82,579 7,281 600,116 1932-33 .. .. 18,000 30,529 501,191 1933-34 .. .. 4,671 41,141 479,522 1934-35 .. .. 1,005 24,230 486,510 1935-36 .. .. 10,000 33,158 505,622 1936-37 .. .. 11,456 4,983 525,784 1937-38 .. .. 27,051 34,710 558,032 1938-39 .. .. 14,558 51,687 578,353 1939-40 .. .. 3,875 27,835 599,631 1940-41 .. .. 20,000 28,621 632,776 1941-42 .. .. 20,000 Nil 688,623 .1942-43 .. .. Nil Nil 766,786 1943-44 .. .. Nil Nil 822,659

Financial Maintenance Adminis . Amortization Excllan „ e Other Total «'«»• o7M. <*»**■ £ £ £ £ £ £ £ 1924-25 .. 195,030* .. 50,666 . .. 40,582f 286,278J 1925-26 .. 211,844* 19,091 52,287 .. 25,167f 308,389:): 1926-27 .. 220,911 21,488 53,805 £ -S .. 49,636| 345,840$ 1927-28 .. 193,818 19,434 55,974 £ .. 35,525f 304,751± 1928-29 .. 180,528 15,994 55,782 * .. 16,638| 268,942$ 1929-30 .. 848,098 26,388 152,246 44,019 .. 15,263 1,086,014 1930-31 .. 893,504 28,936 165,193 50,568 .. 14,444 1,152,645 1931-32 .. 689,994 36,261 175,059 51,521 .. 17,793 970,628 1932-33 .. 549,720 29,172 177,208 30,259 9,424 18,492 814,275 1933-34 .. 525,334 28,131 162,851 19,217 20,611 19,485 775,629 1934-35 . 511,745 35,673 149,077 31,461 20,251 20,602 768,809 1935-36 548,780 33,406 148,314 40,625 20,344 32,871 824,340 1936-37 .. 542,223 35,792 147,656 45,025 19,428 26,743 816,867 1937-38 .. 619,793 40,407 147,810 49,151 20,063 30,118 907,342 1938-39 .. 644,598 35,570 142,983 52,560 18,634 12,022 906,367 1939-40 .. 631,341 49,082 140,618 54,896 18,947 2,453 897,337 1940-41 .. 681,397 45,238 126,435 81,195 197,298 4,336 1,135,899 1941-42 .. 708,623 55,280 107,985 87,777 .. 141,121 1,100,786 1942-43 776,787 54,417 105,338 190,818 .. 118,092 1,235,451 1943-44 .. 822,659 56,411 96,525 100,454 .. 287,460 1,363,509 * Includes expenses of management. f Includes amounts paid to sinking funds and for repayments of loan-meney. { Christchurch Tramway District only.