D.—2

2

STATEMENT No. 1. Capital Accounts as at 31st March, 1927.

I I Total to 31st March, Year ended Total to 31st March Total to 31st March, Year ended Total to 31st March, 1926. ! 31st March, 1927. 1927. 1926. 31st March, 1927. 1927. I I I I I Expenditure. £ s. d. £ s. d. £ s. d. Receipts. £ s. d. £ s. d. £ s. d. Permanent way, and works, buildings, 37,039,520 1 9 1,493,954 0 7 38,533,474 2 4 From General Government Funds — machinery, and plant (lines open for Public Works Fund .. .. 42,727,785 5 9 895,504 6 1 43,623,289 11 10 traffic) Wellington— Hutt Railway Improve- 228,373 5 5 .. 228,373 5 5 Rolling-stock .. .. .. 10,227,771 9 9 99,218 4 9 10,326,989 14 6 ment Account New lines in course of construction by 343,429 17 3 213,447 11 4 556,877 8 7 Railways Improvement Account, 1904 641,275 7 8 .. 641,275 7 8 Public Works Department charged Railways Improvement Authoriza- *2,063,629 9 3 *878,593 0 10 *2,942,222 10 1 against Railways Improvement Au- tion Act, 1914 Account thorization Act 1914 Account Consolidated Fund .. .. 4,296 7 10 .. 4,296 7 10 Lake Wakatipu steamer service .. 44,300 11 1 86 12 2 44,387 3 3 Westport Harbour Loans.. .. 350,000 0 0 .. 350,000 0 0 Road motor services .. .. .. 13,703 6 2 13,703 6 2 Works constructed from Harbour House-factory and sawmill at Frankton 157,018 17 0 C . 204 19 11 156,813 17 1 Board funds — Junction j Westport .. .. .. 71,640 0 0 .. 71,640 0 0 Stores and material .. .. 140,065 10 7 Or. 31,518 0 9 108,547 9 10 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 47,922,248 15 11 1,774,097 6 11 49,696,346 2 10 Advances to Capital Account from .. 32,356 19 3 j 32,356 19 3 Working Railways Account Outstanding liabilities .. .. .. 12,089 19 8 12,089 19 8 47,952,106 7 5 1,788,686 14 4 49,740,793 1 9 47,922,248 15 11 1,818,544 5 10 49,740,793 1 9 I I * Includes expenditure by Public Works Department on unopened lines charged against Railways Improvement Authorization Act 1914 Account not previously shown. Note. —Unopened lines are under the control of the Public Works Department, and all expenditure out of the Public Works Fund in connection therewith is included in the accounts of that Department.