Railway Financial Report




Abstract of Railways Working Account.

FOUR-WEEKLY PERIOD ENDED 10TH DECEMBER, 1938, WITH COMPARATIVE FIGURES FOR CORRESPONDING PERIOD
OF PREVIOUS YEAR.

Section. Revenue. Expenditure. Net Revenue.
1938-39. 1937-38. Variation.
Kaihu £ £ £
306
Gisborne 2,895
North Island main line and branches 409,182
South Island main line and branches 237,717
Westport 6,859
Nelson 705
Picton 3,130
Total railway operation .. 660,794
Miscellaneous revenue .. 26,710
Lake Wakatipu steamers .. 410
Refreshment-rooms, advertising, road services, and other subsidiary services 66,090
Departmental dwellings .. 10,502
Total .. .. .. 764,506

1ST APRIL, 1938, TO 10TH DECEMBER, 1938, WITH COMPARATIVE FIGURES FOR
PERIOD 1ST APRIL, 1937, TO llTH DECEMBER, 1937.

Section. Revenue. Expenditure. Net Revenue.
1938-39. 1937-38. Variation.
Kaihu £ £ £
2,313
Gisborne 20,448
North Island main line and branches 3,099,083
South Island main line and branches 1,904,895
Westport 63,717
Nelson 6,303
Picton 19,952
Total railway operation .. 5,116,711
Miscellaneous revenue .. 241,840
Lake Wakatipu steamers .. 3,789
Refreshment-rooms, advertising, road services, and other subsidiary services 514,107
Departmental dwellings .. 91,752
Total .. .. .. 5,968,199

ANALYSIS OF RAILWAY OPERATING REVENUE AND TRAFFIC.

Four-weekly Period.

Section. 1938-39. 1937-38. Variation.
Passengers .. £ £ £
179,460 130,978 +
48,482
Parcels, luggage, and mails .. £ £ £
25,036 24,426 +
610
Goods .. .. .. £ £ £
440,415 434,031 +
6,384
Labour and demurrage .. £ £ £
15,883 12,439 +
3,444
Total railway operating revenue £ £ £
660,794 601,874 +
58,920
Passengers .. No. £ £ £
1,624,799 1,438,699 +
186,100
Live-stock .. Tons £ £ £
32,044 39,136 -
7,092
Timber .. .. .. £ £ £
42,524 43,281 -
757
Other goods .. .. .. £ £ £
495,182 483,724 +
11,458
Total goods £ £ £
569,750 566,141 +
3,609
Road Services-- £ £ £
Passengers .. No. £ £ £
408,002 402,835 +
5,167
Revenue : Passenger £ £ £ £
25,077 20,940 +
4,137
Goods £ £ £ £
17,054 .. +
17,054

Year to Date.

Section. 1938-39. 1937-38. Variation.
Passengers .. £ £ £
1,169,743 1,070,967 +
98,776
Parcels, luggage, and mails .. £ £ £
216,995 211,696 +
5,299
Goods .. .. .. £ £ £
3,598,934 3,617,018 -
18,084
Labour and demurrage .. £ £ £
131,039 115,409 +
15,630
Total railway operating revenue £ £ £
5,015,090 5,116,711 +
101,621
Passengers .. No. £ £ £
15,722,786 14,977,909 +
744,877
Live-stock .. Tons £ £ £
313,361 352,790 -
39,429
Timber .. .. .. £ £ £
353,197 350,325 +
2,872
Other goods .. .. .. £ £ £
4,337,280 4,430,453 -
93,173
Total goods £ £ £
5,003,838 5,133,568 -
129,730

ANALYSIS OF RAILWAY OPERATING EXPENDITURE.

Four-weekly Period.

Section. 1938-39. 1937-38. Variation.
Maintenance Way and works .. £ £ £
105,998 100,837 +
5,161
Signals and electrical appliances £ £ £
13,293 13,658 -
365
Rolling-stock .. .. £ £ £
152,013 139,749 +
12,264
Transportation Locomotive £ £ £
134,845 128,569 +
6,276
Traffic .. .. .. £ £ £
167,905 159,531 +
8,374
General charges .. .. £ £ £
6,498 6,149 +
349
Superannuation subsidy .. £ £ £
13,457 13,835 -
378
Total operating expenses .. £ £ £
594,009 562,328 +
31,681
Net operating revenue .. £ £ £
66,785 39,546 +
27,239
Total railway operating revenue £ £ £
660,794 601,874 +
58,920

Year to Date.

Section. 1938-39. 1937-38. Variation.
Maintenance Way and works .. £ £ £
972,393 870,537 +
101,856
Signals and electrical appliances £ £ £
129,176 117,774 +
11,402
Rolling-stock .. .. £ £ £
1,293,252 1,259,038 +
34,214
Transportation Locomotive £ £ £
1,242,048 1,153,623 +
88,425
Traffic .. .. .. £ £ £
1,514,521 1,406,886 +
107,635
General charges .. .. £ £ £
65,367 58,445 +
6,922
Superannuation subsidy .. £ £ £
109,114 111,131 -
2,017
Total operating expenses .. £ £ £
5,325,871 4,977,434 +
348,437
Net operating revenue .. £ £ £
66,785 39,546 +
27,239
Total railway operating revenue £ £ £
5,015,090 5,116,711 +
101,621

Capital cost of open lines as at 31st March, 1938 .. £ 56,065,187
Capital cost of open lines as at 31st March, 1937 .. £ 54,696,437



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Railways, Financial Report, Revenue, Expenditure, Net Revenue