Railway Financial Report




Abstract of Railways Working Account.

FOUR-WEEKLY PERIOD ENDED 1ST MAY, 1937, WITH COMPARATIVE FIGURES FOR CORRESPONDING PERIOD OF PREVIOUS YEAR.

Section. Revenue. Expenditure. Net Revenue.
1937–38. 1936–37. Variation. 1937–38. 1936–37. Variation. 1937–38. 1936–37.
£ £ £ £ £ £ £ £
Kaihu 630 304 + 326 631 614 + 17 1— 310
Gisborne 1,862 1,194 + 668 2,035 1,516 + 519 173— 322
North Island main line and branches 412,370 298,474 +113,896 340,930 243,247 + 97,683 71,440 55,227
South Island main line and branches 268,574 198,961 + 69,613 232,387 157,291 + 75,096 36,187 41,670
Westport 6,172 5,329 + 843 5,724 3,967 + 1,757 448 1,362
Nelson 1,110 1,024 + 86 1,666 1,248 + 418 556— 224
Picton 4,255 2,576 + 1,679 3,108 2,005 + 1,103 1,147 571
Total railway operation 694,973 507,862 +187,111 586,481 409,888 +176,593 108,492 97,974
Miscellaneous revenue 29,807 24,134 + 5,673 .. .. .. 29,807 24,134
Lake Wakatipu steamers 519 768 — 249 897 634 + 263 378 134
Refreshment-rooms, advertising, motor service, and other subsidiary services 36,700 24,135 +12,565 36,038 20,770 +15,268 662 3,365
Departmental dwellings 9,978 9,616 + 362 14,836 10,853 + 3,983 — 4,858 — 1,237
Total 771,977 566,515 +205,462 638,252 442,145 +196,107 133,725 124,370

ANALYSIS OF RAILWAY OPERATING REVENUE AND TRAFFIC.

Four-weekly Period. Year to Date.
1937–38. 1936–37. Variation. 1937–38. 1936–37. Variation.
£ £ £ £ £ £
Passengers 121,472 127,963 — 6,491 .. .. ..
Parcels, luggage, and mails 25,182 20,960 + 4,222 .. .. ..
Goods 532,419 350,241 +182,178 .. .. ..
Labour and demurrage 15,900 8,698 + 7,202 .. .. ..
Total railway operating revenue 694,973 507,862 +187,111 .. .. ..
Passengers .. No. 1,692,791 1,209,827 + 482,964 .. ..
Live-stock .. Tons 83,853 54,080 + 29,773 .. ..
Timber .. " 41,495 26,280 + 15,215 .. ..
Other goods .. " 629,371 431,854 +197,517 .. ..
Total goods .. " 754,719 512,214 +242,505 .. ..
Road Motor Services—
Passengers .. No. 428,550 239,732 +188,818 .. ..
Revenue .. £ 20,134 8,421 +11,713 .. ..

ANALYSIS OF RAILWAY OPERATING EXPENDITURE.

Four-weekly Period. Year to Date.
1937–38. 1936–37. Variation. 1937–38. 1936–37. Variation.
£ £ £ £ £ £
Maintenance—
Way and works 98,418 76,380 +22,038 .. .. ..
Signals and electrical appliances 13,343 9,082 + 4,261 .. .. ..
Rolling-stock 137,700 103,155 +34,545 .. .. ..
Transportation—
Locomotive 142,542 91,968 +50,574 .. .. ..
Traffic 176,299 112,357 +63,942 .. .. ..
General charges 6,451 4,949 + 1,502 .. .. ..
Superannuation subsidy 11,728 11,997 — 269 .. .. ..
Total operating expenses 586,481 409,888 +176,593 .. .. ..
Net operating revenue 108,492 97,974 +10,518 .. .. ..
Total railway operating revenue 694,973 507,862 +187,111 .. .. ..

Capital cost of open lines as at 31st March, 1935 | £ 54,089,190
Capital cost of open lines as at 31st March, 1936 | £ 54,253,059



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