Railway Financial Report




Abstract of Railways Working Account.

FOUR-WEEKLY PERIOD ENDED 22ND JUNE, 1940, WITH COMPARATIVE FIGURES FOR CORRESPONDING PERIOD OF PREVIOUS YEAR.

Section. Revenue. Expenditure. Net Revenue.
1940-41. 1939-40. Variation. 1940-41. 1939-40. Variation. 1940-41. 1939-40.
£ £ £ £ £ £ £ £
Kaihu 280 160 + 120 838 788 + 50 558 628
Gisborne 1,120 2,152 - 1,032 2,061 2,795 - 734 941 643
North Island main line and branches 431,902 370,431 + 61,472 391,224 351,981 + 39,243 40,679 18,450
South Island main line and branches 254,075 225,666 + 28,409 240,872 229,891 + 10,981 13,203 4,225
Westport 8,498 8,149 + 349 6,511 6,462 + 49 1,987 1,687
Nelson 906 561 + 345 1,546 1,345 + 201 640 1,284
Picton 3,085 2,808 + 277 3,740 3,289 + 451 655 481
Total railway operation 699,867 609,927 + 89,940 646,792 597,051 + 49,741 53,075 12,876
Miscellaneous revenue 28,828 27,543 + 1,285 924 - + 149 28,828 27,543
Lake Wakatipu steamers 321 465 - 144 775 924 - 149 454 459
Refreshment-rooms, advertising, road services, and other subsidiary services 58,444 63,024 - 5,480 58,849 64,507 - 5,664 399 583
Departmental dwellings .. 11,121 10,508 + 523 15,483 15,811 - 328 4,362 5,213
Total 798,581 712,457 + 86,124 721,893 678,293 + 43,600 76,688 34,164

1ST APRIL, 1940, TO 22ND JUNE, 1940 (83 days), WITH COMPARATIVE FIGURES FOR PERIOD 1ST APRIL, 1939, TO 24TH JUNE, 1939 (85 days).

Revenue. Expenditure. Net Revenue.
1940-41. 1939-40. Variation. 1940-41. 1939-40. Variation. 1940-41. 1939-40.
£ £ £ £ £ £ £ £
933 649 + 284 2,299 2,310 - 17 1,360 1,661
4,102 5,737 - 1,635 6,249 8,007 - 1,758 2,147 2,270
1,415,549 1,193,589 + 221,960 1,181,255 1,060,523 + 120,732 234,294 133,066
798,516 734,259 + 64,257 722,394 687,380 + 35,014 76,122 46,879
25,692 22,059 + 3,633 18,065 17,983 + 82 7,627 4,076
2,832 2,571 + 261 4,834 5,502 - 668 2,002 2,931
11,122 8,921 + 2,201 11,192 10,291 + 901 70 1,370
2,258,746 1,967,785 + 290,961 1,946,282 1,791,996 + 154,286 312,464 175,789
91,773 87,498 + 4,275 - - - 91,773 87,498
1,300 1,809 - 509 2,289 2,590 - 301 989 781
195,198 208,914 - 13,716 182,423 201,000 - 18,578 12,776 7,914
33,044 31,773 + 1,271 44,951 45,678 - 722 11,907 13,900
2,590,061 2,297,776 + 282,285 2,175,944 2,041,259 + 134,685 404,117 256,517

ANALYSIS OF RAILWAY OPERATING REVENUE AND TRAFFIC.

Four-weekly Period. Year to Date.
1940-41. 1939-40. Variation. 1940-41. 1939-40. Variation.
£ £ £ £ £ £
Passengers 127,531 121,290 + 6,241 499,130 421,219 + 77,911
Parcels, luggage, and mails 22,903 25,701 - 2,798 72,847 77,639 - 4,792
Goods 530,095 448,581 + 81,514 1,640,271 1,424,298 + 215,973
Labour and demurrage 19,338 14,355 + 4,983 52,408 44,629 + 7,869
Total railway operating revenue 699,867 609,927 + 89,940 2,258,746 1,967,785 + 290,961
Passengers No. 1,593,428 5,615,208
Live-stock Tons 43,914 36,334 + 7,580 189,979 148,277
Timber " 43,040 38,641 + 4,399 126,609 113,477
Other goods " 595,101 502,332 + 92,769 1,763,881 1,597,350
Total goods " 682,055 577,307 + 104,748 2,080,469 1,859,104
Road Services—
Passengers No. 568,790 451,190 + 117,600 1,711,179 1,386,418
Revenue: Passenger £ 30,253 23,679 + 6,574 95,630 79,729
Goods £ 3,668 17,360 - 13,698 11,774 53,649

ANALYSIS OF RAILWAY OPERATING EXPENDITURE.

Four-weekly Period. Year to Date.
1940-41. 1939-40. Variation. 1940-41. 1939-40. Variation.
£ £ £ £ £ £
Maintenance—
Way and works 122,449 111,096 + 11,353 368,632 329,135 + 39,497
Signals and electrical appliances 17,564 15,176 + 2,388 50,756 42,367 + 8,389
Rolling-stock 154,944 143,313 + 11,631 459,212 416,493 + 42,719
Transportation—
Locomotive 155,300 141,375 + 13,925 476,987 432,826 + 44,161
Traffic 178,421 168,706 + 9,715 537,242 517,567 + 19,675
General charges 6,625 6,257 + 368 19,064 10,721 + 657
Superannuation subsidy 11,489 11,128 + 361 34,389 33,887 + 502
Total operating expenditure 646,792 597,051 + 49,741 1,946,282 1,791,996 + 154,286
Net operating revenue 53,075 12,876 + 40,199 312,464 175,789 + 136,675
Total railway operating revenue 699,867 609,927 + 89,940 2,258,746 1,967,785 + 290,961

Capital cost of open lines as at 31st March, 1940 .. .. £ 63,069,188
Capital cost of open lines as at 31st March, 1939 .. .. £ 58,676,608



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Railways, Financial Report, Revenue, Expenditure, Net Revenue