D.—2

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.

STATEMENT No. 1. Capital Account as at 31st March, 1935.

2

Total to 31st March, Year ended Total to 31st March, j Total to 31st March, j Year ended I Total to 31st March, 1934. 31st March, 1935. 1935. | ' 1934. ! 31st March, 1935. j 1935. Expenditure. £ s. d. £ s. d. £ s. d. Receipts. £ s. d. £ s. d. £ s, d. Permanent-way —Works, buildings, ma- 49,584,753 8 8 108,7X9 XI 7 49,693,473 0 3 Capital included in public debt .. 55,268,449 7 9 167,266 X4 11 55,435,716 2 8 chinery, plant, and dwellings Other capital .. .. .. 9,033,902 6 6 .. 9,033,902 6 6 Rolling-stock, lake steamers, and road 10,768,084 19 3 129,482 17 2 10,897,567 16 5 motors 64,302,351 14 3 167,266 14 11 64,469,618 9 2 Lines closed for traffic .. .. 309,515 5 10 CV.19,054 5 1 290,461 0 9 Deduct accrued depreciation and 10,400,000 0 0 .. 10,400,000 0 0 • other losses of capital written off 60,662,353 13 9 219,148 3 8 60,881,501 17 5 in accordance with subsection (2), Deduct accrued depreciation on exist- 7,049,004 11 3 271,715 0 4 7,320,719 11 7 section 23, of the Government ing assets Railways Amendment Act, 1931 53,613,349 2 6 Or.52,566 16 8 53,560,782 5 10 Add unexpended balances— 53,902,351 14 3 167,266 14 XX 54,069,6X8 9 2 Depreciation Fund .. .. 250,366 X4 6 258,986 X3 6 509,353 8 0 Outstanding liabilities .. .. 6.994 15 9 12,576 14 0 19,571 9 9 Assets Realization .. .. 45,630 13 0 Cr.26,576 7 11 19,054 5 1 ] £53,909,346 10 0 £179,843 8 11 £54,089,189 18 11 £53,909,346 10 0 £179,843 8 11 £54,089,189 18 11