H—4o

The following table gives the average running-cost per truck, the average being taken over the 95 trucks listed above :

Gore, North Otago, and Central Otago Areas: Average Cost of Running a Truck

67. Comparison of Present-day with pre-war Costs. —In the table that follows a comparison is made between the cost of operating a Heavy Traffic Class I truck, with costs as at 31st March, 1939, and a similar truck operating under costs as at 31st March, 1946. For the purpose of this comparison it has been assumed that the trucks are identical in all respects save that the cost of the 1939 truck (new, less tires) was £300,. and the corresponding cost of the 1946 truck £5OO.

20

(Average of total cost of 95 trucks, and adjusted according to Goods Service Charges TribunalV Conventions) Item. Cost. Percentage of Total Cost. Running-expenses— Petrol Oil Tires Repairs £ 194 13 55 116 19-52 1-31 5-54 11-66 Total, running-expenses .. 378 38-03 Standing charges— License fees Insurance Garage fees Wages Depreciation— Truck .. .. ., Other 40 17 13 346 60 7 4-02 1-71 1-31 34-82 6-04 0-70 Total, standing charges .. 483 48-60 Overhead— Management Office salaries Bad debts Office rent Printing and stationery Postages Telephones, tolls Accounting, audit, legal Trade subscriptions General expenses Contingencies Interest on capital (6 per cent.) .. 48 26 1 5 4 3 6 2 2 6 5 25 4-84 2-62 0-10 0-50 0-40 0-30 0-60 0-20 0-20 0-60 0-50 2-51 Total, overhead 133 13-37 Total cost 994 100-00 Running-expenses per mile Standing charges per mile Overhead d. 7-78 9-95 2-74 Total cost per mile 20-47