58

8.-l [Pt. lII].

RAILWAYS DEPARTMENT. Balance-sheet as at 31st March, 1921. (Return No. 1.) Liabilities. Assets. Capital provided for con- £ s. d. £ s. d. Cost of way and works, £ s. d. £ s. d. struction of railways buildings and equipment 29,999,338 0 0 open for traffic : — Cost of rolling-stock .. 7,032,069 9 5 From General Govern- Cost of Lake Wakatipu ment funds .. 34,990,143 0 0 steamer service .. 43,708 0 0 From Consolidated Fund 4,296 0 0 37,075,115 9 5 From Harbour Board Stores and material on funds .. .. 453,074 0 0 hand:— Works constructed by pro- Working Railways Acvinces and Midland Rail- count .. .. 1,553,722 6 7 way Company (valuation) 1,787,741 0 0 Construction Account .. 150,788 10 7 37,235,254 0 0 1,704,510 17 2 Stores Account .. .. .. 1,822,375 12 1 Imprest outstanding in Suspense Account .. .. 107 11 9 London .. .. .. 268,653 5 6 Collections for refund to Deposit Account: Amount Harbour Boards, shipping held by Treasury .. .. 9,457 11 9 companies, and other Sundry debtors .. .. 62,307 19 3 carriers .. .. 51,752 4 5 Cash in hand, freights, &c, Sundry creditors .. 408,362 10 1 outstanding at stations.. 168,149 2 4 460,114 14 6 Treasury (adjustment) .. 229,657 12 11 Interest for the year 1920-21 1,396,306 4 0 460,114 14 6 Less net earnings after pay- Deficiency for the year ment of working-expenses 1,271,930 16 6 1920-21 .. .. .. 124,375 7 6 124,375 7 6 £39,642,227 5 10 £39,642,227 5 10 Note. —The capital expenditure from General Government funds and value of works constructed by provinces and Midland Railway Company are included at figures furnished by the Public Works Department. The capital expenditure from Harbour Boards' funds is compiled from information furnished by the Greymouth and Westport Harbour Boards. Interest has been computed on cost proportionately to the time during which lines taken over by the Working Railways Department within the financial year were earning revenue. Statement of Working Expenditure and Revenue for Year ended 31st March, 1921. (Return No. 2.) Expenditure. £ s. d. Revenue. £ s. d. Maintenance of way, works, and build- Passengers, ordinary .. .. 2,459,362 3 1 ings .. .. .. .. 1,053,049 6 7 Season tickets .. .. .. 198,717 2 2 Locomotive power .. .. .. 2,124,876 14 9 Parcels, luggage, and mails .. .. 335,753 13 3 Carriages and wagons —Repairs and Goods .. .. 3,676,664 18 8 renewals .. .. .. 531,934 10 0 Miscellaneous .. .. .. 136,505 8 0 Traffic expenses .. .. .. 1,712,375 10 1 Rents and commission .. .. 101,528 3 5 Head Office .. .. .. 58,773 5 4 Departmental offices .. .. 145,133 2 4 Lake Wakatipu steamers .. .. 10,458 3 0 5,636,600 12 1 Balance, net earnings after payment of working-expenses .. .. 1,271,930 16 6 £6,908,531 8 7 £6,908,531 8 7 Reconciliation of Working Expenditure and Revenue with Treasury Receipts and Payments as per Public Accounts for Year ended 31st March, 1921. (Return No. 3.) Expenditure as per Public Accounts (Consolidated Fund, Ordinary Revenue £ s. d. £ s. d. Account, Class IV) .. .. .. .. .. .. .. 6,21.1,001 1 2 Add— Accounts due to Department for work done. &c, Ist April. 1920 .. 61,434 0 8 Stock of stores at Ist April, 1920 .. .. .. .. 834,384 15 9 Liabilities outstanding, 31st March, 1921 .. .. .. 408,362 10 1 1,304,181 6 6 Deduct— 7,515,182 7 8 Accounts due to Department for work done, &c, 31st March, 1921 .. 62,307 19 3 Stock of stores at 31st March, 1921 .. .. .. .. 1,553,722 6 7 Liabilities outstanding, 31st March, 1920 .. .. .. 262,551 9 9 1,878,581 15 7 Working expenditure as per Return No. 2 .. .. £5,636,600 12 1 £ s. d. £ s. d. Revenue as per Public Accounts (Consolidated Fund, Ordinary Revenue Account) .. 6,918,492 8 3 Add — Collections for refund : Balance brought forward, Ist April, 1920 .. 30,217 14 4 Cash in hand, freights, <fee, outstanding at stations, 31st March, 1921 168,149 2 4 198,366 16 8 Deducts 7,116,859 4 11 Collections for refund : Balance carried forward, 31st March, 1921 .. 51,752 4 5 Cash in hand, freights, &c, outstanding at stations, Ist April, 1920 .. 156,575 11 11 208,327 16 4 Revenue as per Return No. 2 .. .. .. .. £6,908,531 8 7