Railway Financial Report




Abstract of Railway Working Account.

FOUR-WEEKLY PERIOD ENDED 22ND JUNE, 1935, WITH COMPARATIVE FIGURES FOR CORRESPONDING PERIOD OF PREVIOUS YEAR.

Section. Revenue. Expenditure. Net Revenue.
1935-36. 1934-35. Variation. 1935-36. 1934-35. Variation. 1935-36. 1934-35.
£ £ £ £ £ £ £ £
Kaihu 161 253 — 92 406 491 — 85 245 238
Gisborne 1,167 972 + 195 1,629 1,372 + 257 462 400
North Island main line and branches 243,513 223,978 + 19,535 233,864 217,457 + 16,407 9,649 6,521
South Island main line and branches 171,705 166,924 + 4,781 163,299 156,375 + 6,924 8,406 10,549
Westport 4,845 5,983 — 1,138 4,429 4,481 — 52 416 1,502
Nelson 803 728 + 75 1,310 1,277 + 33 507 549
Picton 2,350 1,806 + 544 2,229 1,878 + 351 121 72
Total railway operation 424,544 400,644 + 23,900 407,166 383,331 + 23,835 17,378 17,313
Miscellaneous revenue 23,526 24,563 — 1,037 .. .. .. 23,526 24,563
Lake Wakatipu steamers 561 545 + 16 774 706 + 68 213 161
Refreshment-rooms, advertising, motor service, and other subsidiary services 19,281 15,846 + 3,435 17,547 15,707 + 1,840 1,734 139
Departmental dwellings 10,081 10,772 — 691 12,164 12,539 — 375 — 2,083 — 1,767
Total 477,993 452,370 + 25,623 437,651 412,283 + 25,368 40,342 40,087

1ST APRIL, 1935, TO 22ND JUNE, 1935, WITH COMPARATIVE FIGURES FOR PERIOD 1ST APRIL, 1934, TO 23RD JUNE, 1934.

Revenue. Expenditure. Net Revenue.
1935-36. 1934-35. Variation. 1935-36. 1934-35. Variation. 1935-36. 1934-35.
£ £ £ £ £ £ £ £
915 1,164 — 249 1,318 1,600 — 282 403 436
4,287 3,430 + 857 5,181 4,104 + 1,077 894 674
792,746 750,323 + 42,423 684,034 646,754 + 37,280 108,712 103,569
566,744 551,999 + 14,745 480,298 466,471 + 13,827 86,446 85,528
15,867 17,578 — 1,711 13,151 12,859 + 292 2,716 4,719
2,478 2,779 — 301 4,046 3,781 + 265 — 1,568 — 1,002
6,409 5,551 + 858 6,374 5,677 + 697 35 126
1,389,446 1,332,824 + 56,622 1,194,402 1,141,246 + 53,156 195,044 191,578
67,465 75,287 — 7,822 .. .. .. 67,465 75,287
2,204 2,070 + 134 2,089 2,032 + 57 115 38
61,995 49,735 + 12,260 54,299 46,928 + 7,371 7,696 2,807
29,652 31,728 — 2,076 35,635 38,329 — 2,694 — 5,983 — 6,601
1,550,762 1,491,644 + 59,118 1,286,425 1,228,535 + 57,890 264,337 263,109

ANALYSIS OF RAILWAY OPERATING REVENUE AND TRAFFIC.

Four-weekly Period. Year to Date.
1935-36. 1934-35. Variation. 1935-36. 1934-35. Variation.
£ £ £ £ £ £
Passengers 101,732 89,368 + 12,364 338,222 281,085 + 57,137
Parcels, luggage, and mails 20,334 19,225 + 1,109 64,128 61,298 + 2,830
Goods 293,677 284,332 + 9,345 960,605 966,204 — 5,599
Labour and demurrage 8,801 7,719 + 1,082 26,491 24,237 + 2,254
Total railway operating revenue 424,544 400,644 + 23,900 1,389,446 1,332,824 + 56,622
Passengers .. No. 2,252,102 1,292,939 +959,163 4,877,121 4,676,474
Live-stock .. Tons 36,929 33,986 + 2,943 136,770 148,156
Timber .. ,, 29,626 23,401 + 6,225 85,321 73,460
Other goods .. ,, 373,076 386,625 — 13,549 1,204,886 1,242,845
Total goods .. ,, 439,631 444,012 — 4,381 1,426,977 1,464,461
Road Motor Services—
Passengers .. No. 238,200 217,127 + 21,073 713,682 660,418
Revenue .. £ 7,259 6,094 + 1,165 22,669 18,710

ANALYSIS OF RAILWAY OPERATING EXPENDITURE.

Four-weekly Period. Year to Date.
1935-36. 1934-35. Variation. 1935-36. 1934-35. Variation.
£ £ £ £ £ £
Maintenance—
Way and works 78,708 83,090 — 4,382 233,144 235,940 — 2,796
Signals and electrical appliances 10,847 10,183 + 664 31,437 30,744 + 693
Rolling-stock 107,081 93,037 + 14,044 299,276 274,638 + 24,638
Transportation—
Locomotive 87,071 83,119 + 3,952 261,863 254,524 + 7,339
Traffic 106,649 97,538 + 9,111 317,083 294,738 + 22,345
General charges 4,762 4,164 + 598 15,216 13,899 + 1,317
Superannuation subsidy 12,048 12,200 — 152 36,383 36,763 — 380
Total operating expenses 407,166 383,331 + 23,835 1,194,402 1,141,246 + 53,156
Net operating revenue 17,378 17,313 + 65 195,044 191,578 + 3,466
Total railway operating revenue 424,544 400,644 + 23,900 1,389,446 1,332,824 + 56,622

Capital cost of open lines as at 31st March, 1934 .. .. £ 53,909,347
Capital cost of open lines as at 31st March, 1935 .. .. £ 54,089,190



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