I)—2

' Under the heading of "Miscellaneous" the main variation was an increase of £126,000 for deferred maintenance. Increases of £33,364 for workers' compensation premiums resulting from increases in wages and to meet heavier statutory commitments are also included under the heading of " Miscellaneous." SUBSIDIARY SERVICES Particulars of revenue, expenditure, and net revenue for the various subsidiary services are set out in Statements Nos. 4 to 9 inclusive, and the following table shows the variations in revenue and expenditure with that of the previous year :

The main item in this table is the increased revenue of the road motor services. The increase of £168,465 over the previous year has brought the road services' revenue to the new record of £1,910,251, -due to an expansion in every phase of the services' operations. The only important service acquired during the year was Wheeler s Pukekohe-Auckland service. The road services further extended their operations in the Ashburton-Oamaru area consequent upon the discontinuance of mixed trains on this route. . Expenditure rose in higher ratio than revenue, mainly by reason of the higher wages-rates now applying and the higher depreciation charges, fixed charges, and licence fees resulting from the purchase of additional vehicles^ The increase in revenue attributed to the refreshment services has been due mainly to the reopening of the Wellington Station dining-room. LOCOMOTIVE FUEL The following table shows the consumption and stocks of locomotive coal during the past nine years : . ;

8

— Revenue. Expenditure. Amount, 1949. i i Variation, 1 Amount, i Variation, 1949 with 1948. 1 1949. j 1949 with 1948. Lake Wakatipu steamers . . Refreshment service Bookstall service Advertising service Dwellings Other buildings Road motor services Miscellaneous revenue (nonoperating) Totals £ 13,630 335,240 247,308 59,673 172,084 56,700 1,910,251 463,960 £ + ' 634 + 10,238 + 8,523 + 4,762 + 4,502 - 3,044 + 168,465 - 41,826 • Per Cent. 4-87 3 15 3-57 8-67 2-69 5-10 9-67 8-27 £ 18,593 355,535 242,917 45,762 319,349 47,267 1,882,915 £ + 2,132 + 23,869 + 6,013 + 5,014 + 38,031 + 63 +216,410 Per Cent. 12-95 7-20 2-54 12-30 13-52 0-13 12-99 3,258,846 + 152,254 4-67 2,912,338 +291,532 11-12

1 Year ended 31st March, Coal Consumption. Hard. | Soft. | Total. Coal Stocks • Tons. Tons. Tons. Tons. 1941 298,465 230,087 528,552 76,109 1942 307,948 229,784 537,732 73,332 1943 333,773 278,068 611,841 65,087 1944 284,688 349,319 634,007 20,817 1945 205,577 371,349 576,926 20,954 1946 209,943 400,143 610,086 11,841 1947 233,651 360,180 593,831 7,166 1948 279,738 288,240 567,978 9,988 1949 251,302 294,513 545,815 30,483