D.—2

2

STATEMENT No. 1. Capital Account as at 31st March, 1929.

Total to 31st March, Year ended Total to 31st March, ! Total to 31si March, Year ended Total to Slst March, 1928. 31st March, 1929. 1929. | ' 1928. 31st March, 1929. 1929. Expenditure. £ s. d. £ s. d. £ s. d. Receipts. £ s. d. £ s. d. £ s. d. Permanent way, and works, buildings, 40,484,741 11 8 5,110,497 0 8 45,595,238 12 4 From General Government Funds — machinery, and plant (lines open for Public Works Fund .. .. 44,179,318 4 4 3,776,992 11 3 47,956,310 15 7 traffic) s Wellington-Hutt Railway Improve- 228,373 5 5 .. 228,373 5 5 Rolling-stock .. .. .. 10,448,240 9 2 256,017 15 5 10,704,258 4 7 ment Account New lines in course of construction by 563,006 8 5 475,733 3 4 1,038,739 11 9 Railways Improvement Account, 1904 641,275 7 8 .. 641,275 7 8 Public Works Department charged Railways Improvement Authoriza- 4,362,079 16 5 1,997,316 8 7 6,359,396 5 0 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 .. 44,387 3 3 .. 44,387 3 3 Westport Harbour Loans .. 350,000 0 0 .. 350,000 0 0 Road motor services .. .. 53,193 2 0 14,706 17 11 67,899 19 11 Works constructed from Harbour House-factory and sawmill at Frankton 156,813 17 1 .. 156,813 17 1 Board funds — Junction 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 = 51,672,232 1 8 5,774,308 19 10 57,446,541 1 6 I Advances to Capital Account from .. 145,696 0 9 145,696 0 9 Working Railways Account Outstanding liabilities .. .. .. 15,100 6 8 15,100 6 8 51,750,382 11 7 5,856,954 17 4 57,607,337 8 11 51,672,232 1 8 5,935,105 7 3 57,607,337 8 11 . I 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.