D.—2

STATEMENT No. 1. Capital Account as at 31st March, 1926.

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Total to 31st March, Year ended Total to 31st March, Total to 31st March, Year ended Total to 31st March, 1925. 31st March, 1926. 1926. 1925. 31st March, 1926. i 1926. Expenditure. | £ s. d. £ s. d. £ s. d. Receipts. £ s. d. £ s. d. £ s. d. Lines open for traffic .. .. 34,500,174 10 10 2,539,345 10 11 37,039,520 1 9 From General Government Funds — Rolling-stock .. .. .. 9,745,139 15 9 482,631 14 0 10,227,771 9 9 Public Works Fund .. .. 40,254,375 4 1 2,473,410 1 8 42,727,785 5 9 Lake Wakatipu steamer service .. 44,300 11 1 .. 44,300 11 1 Wellington-Hutt Railway Improve- 228,373 5 5 .. 228,373 5 5 House-factory and sawmill at Frankton 146,323 3 6 10,695 13 6 157,018 17 0 ment Account Junction * Railways Improvement Account, 1904 641,275 7 8 .. 641, 27S 7 8 Stores and material.. .. .. 134,808 8 6 5,257 2 1 140,065 10 7 j Railways Improvement Authoriza- 1,185,537 4 8* 534,662 7 4 1,720,199 12 0 tion Act, 1914 Account Consolidated Fund .. .. 4,296 7 10 .. 4,296 7 10 Westport Harbour Loans.. .. 350,000 0 0 .. 350,000 0 0 Works constructed from Harbour Board funds — Westport .. .. .. 71,640 0 0 .. 71,640 0 0 Greymouth .. .. .. 47,508 0 0 .. 47,508 0 0 Works constructed by provinces and 1,787,741 0 0 .. 1,787,741 0 0 Midland Railway Company at valuation Advances to Capital Account from .. 3,585 16 8 3,585 16 8 Working Railways Account Outstanding liabilities .. .. .. 26,271 14 10 26,271 14 10 £44,570,746 9 8 3,037,930 0 6 47,608.676 10 2 £44,570,746 9 8 3,037,930 0 6 47,608,676 10 2 * Exclusive of investments held by Treasury at 31st March, 1925 (£577,601 5s. 7d.). Note. —Unopened lines are under the control of the Public Works Department, and all expenditure in connection therewith is included in the accounts of that Department.