D.—2

18

STATEMENT No. 14-continued.

Expenditure under the Railways Improvement Authorization Act, 1914, and Section 7 of Finance Act, 1924, and Section 10 op Finance Act, 1925, charged to Capital Account, for the Year ended 31st March, 1927. £ s. d. £ s. d. New stations and station-yards, goods-sheds, and terminal facilities at Auckland, Wellington, Christchurch, Addington, Lyttelton, and Timaru 218,057 0 1 Rearrangement of, or alterations and additions to, Paeroa, New Plymouth, Hikurangi, Helensville, Frankton Junction, Greymouth, Wanganui, Stratford, and Morrinsville .. .. .. .. .. 24,464 14 9 Duplications, Penrose-Papakura .. .. .. .. .. 57,353 12 0 Grade easements—Frankton -Te Kuiti .. .. .. .. 135 8 6 Workshops and equipment of Locomotive Branch .. .. .. 219,887 8 7 New lines, Auckland-Westfield, Auckland-Morningside .. .. .. 39,539 9 5 Bridge strengthening .. .. .. .. .. .. .. 9,157 3 10 Elimination of level crossings .. .. .. .. .. .. 24,325 18 6 Deviations: Ravensbourne-Burke's, Pelichet Bay, Tawa Plat, Palmerston North .. .. .. .. .. .. .. .. 23,259 11 2 Signalling, interlocking, and safety appliances .. .. .. .. 56,372 4 4 Electric lighting .. .. .. .. .. .. .. 16,339 9 2 New depot for locomotives at Elmer Lane .. .. .. .. 3,149 18 5 ■ 692,041 18 9 Expenditure charged by Public Works Department— New line—Auckland-Westfield .. .. .. .. .. 127,425 14 10 Hutt Valley Railway .. .. .. .. .. .. 147,817 12 7 Deviations: Tawa Plat, Palmerston North .. .. .. .. 9,495 16 1 New locomotive workshops .. .. .. .. .. 3,887 5 7 Miscellaneous works .. .. .. .. .. .. Or. 75,178 17 9 — 213,447 11 4 £905,489 10 1 Reconciliation Statement. Material on hand at 31st March, 1926 .. .. .. .. .. 25,260 12 10 Expenditure charged by Treasury .. .. .. .. .. 809,820 15 8 Balance of cost of raising loan, 31st March, 1926 .. .. .. 23,579 19 7 £ s. d. Cbst of raising loan, 1926-27 .. .. .. .. 34,377 12 10 Less amount not yet allocated .. .. .. 15,380 6 11 18,997 5 11 Vouchers outstanding.. .. .. .. .. .. .. 27,830 16 1 - £905,489 10 1

; *"t > . j - Reconciliation Statement. Amount. Total. £ s. d. £ s. d. Material 011 hand at 31st March, 1926 .. .. .. .. .. 114,804 17 9 £ s. a. Expenditure charged to Vote No. 44 by Treasury .. .. 384,439 1 8 Less outstandings previous year .. .. .. 3,662 IX 10 380,776 9 10 Less recoveries on account of expenditure in previous years 77,749 0 0 303,027 9 10 Outstanding vouchers .. .. .. .. .. .. .. 16 616 2 10 434,448 10 5 Less material 011 hand at 31st March, 1927 .. .. .. .. 108,547 9 10 — £325,901 0 7 Expenditure :— Way and Works Branch .. .. .. .. .. 220,589 9 8 Road Motor Service .. .. .. .. .. ,. 13 703 6 2 Locomotive Branch .. .. .. .. .. .. 91,608 4 9 — — £325,901 11 7