Railway Financial Report




Abstract of Railways Working Account.

FOUR-WEEKLY PERIOD ENDED 19TH JULY, 1941, WITH COMPARATIVE FIGURES FOR CORRESPONDING PERIOD OF PREVIOUS YEAR.

Section. Revenue. Expenditure. Net Revenue.
1941-42. 1940-41. Variation. 1941-42. 1940-41. Variation. 1941-42. 1940-41.
£ £ £ £ £ £ £ £
Gisborne 2,076 1,131 + 945 2,600 2,022 + 578 — 524 — 891
North Island main line and branches 422,271 408,773 + 13,498 413,934 374,130 + 39,804 8,337 34,643
South Island main line and branches 236,422 218,006 + 18,416 249,410 234,499 + 14,911 — 12,988 — 16,493
Westport 8,479 9,857 — 1,378 6,934 7,358 — 424 1,545 2,499
Nelson 453 524 — 71 1,577 1,584 — 7 — 1,124 — 1,060
Picton 2,814 2,996 — 182 4,105 3,301 + 804 — 1,291 — 305
Total railway operation 672,515 641,287 + 31,228 678,560 622,894 + 55,666 — 6,045 18,393
Miscellaneous revenue 30,463 31,423 — 960 .. .. .. 30,463 31,423
Lake Wakatipu steamers 497 306 + 191 850 788 + 62 353 482
Refreshment-rooms, advertising, road services, and other subsidiary services 67,917 59,396 + 8,521 66,547 58,034 + 8,513 1,370 1,362
Departmental dwellings 11,462 11,077 + 385 18,304 15,959 + 2,345 — 6,842 — 4,882
Total 782,854 743,489 + 39,365 764,261 697,675 + 66,586 18,593 45,814

1ST APRIL, 1941, TO 19TH JULY, 1941 (110 days), WITH COMPARATIVE FIGURES FOR PERIOD 1ST APRIL, 1940, TO 20TH JULY, 1940 (111 days).

Revenue. Expenditure. Net Revenue.
1941-42. 1940-41. Variation. 1941-42. 1940-41. Variation. 1941-42. 1940-41.
£ £ £ £ £ £ £ £
7,403 5,233 + 2,170 9,734 8,270 + 1,464 — 2,331 — 3,037
1,815,102 1,825,255 — 10,153 1,598,395 1,557,678 + 40,717 216,707 267,577
1,048,854 1,016,522 + 32,332 968,497 956,893 + 11,604 80,357 59,629
34,252 35,549 — 1,297 24,958 25,424 — 466 9, .94 10,125
2,809 3,356 — 547 6,002 6,418 — 416 — 3,193 — 3,062
12,939 14,118 — 1,179 15,568 14,493 + 1,075 — 2,629 — 375
2,921,359 2,900,033 + 21,326 2,623,154 2,569,176 + 53,978 298,205 330,857
118,828 123,196 — 4,368 .. .. .. 118,828 123,196
2,345 1,606 + 739 3,979 3,077 + 902 — 1,634 — 1,471
287,234 254,593 + 32,641 262,803 240,457 + 22,346 24,431 14,136
45,797 44,122 + 1,675 65,187 60,909 + 4,278 — 19,390 — 16,787
3,375,563 3,323,550 + 52,013 2,955,123 2,873,619 + 81,504 420,440 449,931

ANALYSIS OF RAILWAY OPERATING REVENUE AND TRAFFIC.

Four-weekly Period. Year to Date.
1941-42. 1940-41. Variation. 1941-42. 1940-41. Variation.
£ £ £ £ £ £
Passengers 150,279 138,952 + 11,327 719,018 632,083 + 86,935
Parcels, luggage, and mails 23,110 22,953 + 157 91,681 95,799 — 4,118
Goods 482,314 460,237 + 22,077 2,044,386 2,100,509 — 56,123
Labour and demurrage 16,812 19,145 — 2,333 66,274 71,642 — 5,368
Total railway operating revenue 672,515 641,287 + 31,228 2,921,359 2,900,033 + 21,326
Passengers No. 1,706,776 1,685,051 + 21,725 7,819,903 7,731,812
Live-stock Tons 27,496 23,344 + 4,152 185,052 213,323
Timber " 45,081 45,294 — 213 173,811 171,903
Other goods " 523,092 543,766 — 20,674 2,167,192 2,307,647
Total goods 595,669 612,404 — 16,735 2,526,055 2,692,873
Road Motor Services—
Passengers No. 650,486 565,595 + 84,891 2,619,333 2,276,774
Revenue £ 39,377 34,151 + 5,226 163,908 141,555

ANALYSIS OF RAILWAY OPERATING EXPENDITURE.

Four-weekly Period. Year to Date.
1941-42. 1940-41. Variation. 1941-42. 1940-41. Variation.
£ £ £ £ £ £
Maintenance—
Way and works 124,079 119,371 + 4,708 473,531 488,002 — 14,471
Signals and electrical appliances 17,676 15,535 + 2,141 70,242 66,291 + 3,951
Rolling-stock 177,868 151,615 + 26,253 644,701 610,827 + 33,874
Transportation—
Locomotive 155,969 146,719 + 9,250 630,427 623,706 + 6,721
Traffic 184,320 171,554 + 12,766 730,792 708,797 + 21,995
General charges 6,717 6,539 + 178 24,908 25,603 — 695
Superannuation subsidy 11,931 11,561 + 370 48,553 45,950 + 2,603
Total operating expenditure 678,560 622,894 + 55,666 2,623,154 2,569,176 + 53,978
Net operating revenue — 6,045 18,393 — 24,438 298,205 330,857 — 32,652
Total railway operating revenue 672,515 641,287 + 31,228 2,921,359 2,900,033 + 21,326

Capital cost of open lines as at 31st March, 1941 .. .. £ 64,762,794
Capital cost of open lines as at 31st March, 1940 .. .. 63,059,188



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🚂 Abstract of Railways Working Account

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Railways, Financial report, Revenue, Expenditure, Net revenue