Railway Financial Report




Abstract of Railways Working Account.

FOUR-WEEKLY PERIOD ENDED 7TH DECEMBER, 1940, WITH COMPARATIVE FIGURES FOR CORRESPONDING PERIOD
OF PREVIOUS YEAR.

Section. Revenue. Expenditure. Net Revenue.
1940-41. 1939-40. Variation. 1940-41.
£ £ £ £
Kaihu 300 237 +63
Gisborne 3,044 2,691 +353
North Island main line and branches 492,308 443,470 +48,838
South Island main line and branches 246,521 227,539 +18,982
Westport 8,358 5,784 +2,574
Nelson 507 529 -22
Picton 2,117 2,769 -652
Total railway operation 753,155 683,019 +70,136
Miscellaneous revenue 29,406 30,172 -766
Lake Wakatipu steamers 446 434 +12
Refreshment-rooms, advertising, road services, and other subsidiary services 69,291 55,293 +13,998
Departmental dwellings 11,197 11,225 -28
Total 863,495 780,143 +83,352

ANALYSIS OF RAILWAY OPERATING REVENUE AND TRAFFIC.

Four-weekly Period. Year to Date.
1940-41. 1939-40.
£ £
Passengers 190,275
Parcels, luggage, and mails 23,969
Goods 523,060
Labour and demurrage 15,851
Total railway operating revenue 753,155
Passengers 1,778,944
Live-stock 23,424
Timber 50,484
Other goods 555,178
Total goods 629,086

Road Services-

Passengers | 580,602 | 497,338 | +83,264 | 5,065,915 | 4,270,062 | +795,853 |
Revenue: Passenger | £ | £ | £ | £ | £ | £ |
Goods | 2,828 | 5,821 | -2,993 | 27,856 | 131,875 | -104,019 |

1ST APRIL, 1940, TO 7TH DECEMBER, 1940 (251 days), WITH COMPARATIVE FIGURES FOR PERIOD 1ST APRIL, 1939, TO 9TH DECEMBER, 1939 (253 days).

Revenue. Expenditure. Net Revenue.
1940-41. 1939-40. Variation.
£ £ £
2,913 1,905 +1,008
14,392 19,390 -4,998
4,040,384 3,445,501 +594,883
2,193,815 2,021,804 +172,011
80,884 68,859 +12,025
6,697 6,135 +562
26,299 25,958 +341

Total railway operation | 6,365,384 | 5,589,552 | +775,832 | 5,784,809 | 5,464,818 | +319,991 | 580,575 | 124,734 |
Miscellaneous revenue | 274,161 | 268,938 | +5,223 | ... | ... | ... | 274,161 | 268,938 |
Lake Wakatipu steamers | 3,549 | 4,452 | -903 | 7,315 | 7,650 | -335 | 3,766 | -3,198 |
Refreshment rooms, advertising, road services, and other subsidiary services | 573,580 | 572,991 | +589 | 546,715 | 577,386 | -30,671 | 26,865 | -4,395 |
Departmental dwellings | 99,605 | 96,969 | +2,636 | 138,644 | 142,357 | -3,713 | -39,039 | -45,388 |
Total | 7,316,279 | 6,532,902 | +783,377 | 6,477,483 | 6,192,211 | +285,272 | 838,796 | 340,691 |

ANALYSIS OF RAILWAY OPERATING EXPENDITURE.

Four-weekly Period. Year to Date.
1940-41. 1939-40.
£ £
Maintenance 298,886
Way and works 120,999
Signals and electrical appliances 16,547
Rolling-stock 166,340
Transportation 441,447
Locomotive 155,264
Traffic 177,388
General charges 7,415
Superannuation subsidy 13,561

Total operating expenditure | 657,514 | 610,844 | +46,670 | 5,784,809 | 5,464,818 | +319,991 |
Net operating revenue | 95,641 | 72,175 | +23,466 | 580,575 | 124,734 | +455,841 |
Total railway operating revenue | 753,155 | 683,019 | +70,136 | 6,365,384 | 5,589,552 | +775,832 |

Capital cost of open lines as at 31st March, 1940... £63,059,188
Capital cost of open lines as at 31st March, 1939... £58,676,608



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Railways, Financial Report, Revenue, Expenditure, Net Revenue