D.—2.

STATEMENT No. 11. Statement of Losses on Developmental Branch Lines from 1st March, 1936, to 27th February, 1937, and Isolated Sections from 1st April, 1936, to 31st March, 1937.

STATEMENT No. 12, Statement of Cash Receipts and Payments.—Working Railways Account. Receipts. £ s. d. Payments. £ s. d. Balance brought forward .. .. .. 1,146,763 8 7 Investments, Sick Benefit Fund .. 5,200 0 0 Revenue receipts .. .. .. 7,851,694 11 2 Wages and vouchers .. .. .. 7,661,802 16 9 " Credits-in-aid " (Working Railways expen- Refunds to Harbour Boards, shipping eomditure) .. .. .. •• 517,841 6 6 panies, and other carriers .. .. 337,796 18 10 Contributions to Sick Benefit Fund .. 28,693 11 3 Interest on capital .. .. . . 903 >858 3 9 Interest on investments .. .. .. 30,800 12 7 Payments from Sick Benefit Fund .. .. 21,783 4 0 Investments realized .. .. .. 528,000 0 0 Investments .. .. .. • • 500,000 0 0 Balance as per general balance-sheet .. 673,352 o 'J £10,103,793 10 1 £10,103,793 10 I Reconciliation Statement. £ g Credit balance in Working Railways Account as per Treasury figures .. .. 615,012 16 11 Imprests outstanding .. .. .. •• •• 58,240 18 2 Cash in transit .. .. .. .. • • • • • • • • 98 11 8 Balance as per above statement .. .. .. • • • • • ■ £673,352 6 9

12

Average per Mile of Line operated. „ , Mileage! Loss on Feeder Total Net -2 cPl * ~ Branch. operated.] Working. Value. loss. interest If "g-§ || if 1 Si CJ fl)i® O P* 5 Q. J3 OO _ &S gg l_ £ £ £ £££££££ Kaikohe .. •• 25 8.159 3,230 4,929 19,347 215 129 344 541 577 774 Kirikopuni •• •• 14 t>,068 2,004 4,064 48,538 216 143 359 650 3,177 3,467 Waiuku .. •• •• 13 4,872 2,116 2,756 11,162 461 163 624 836 647 859 Taneatua •• HI 37,180 14,652 22,528 135,557 746 132 878 1,081 1,018 1,221 Opunake •• •• 23 6,942 2,957 3,985 21,967 258 129 387 559 782 955 Greytown .. .. 3 1,971 597 1,374 1,811 114 199 313 771 146 604 North Island totals .. .. 189 65,192 25,556 39,636 238,382 548 135 683 893 1,051 1,261 Eyreton-Oxford .. .. .. 43 3,458 720 2,738 6,781 119 17 136 201 92 158 Cheviot . •• •• 44 3,675 2,542 1,133 15,850 447 58 505 530 334 360 Little River .. • • •• 23 4,988 317 4,671 9,275 290 14 304 507 200 403 Southbridge .. •• •• 26 1,393* 1,190 2,583* 1,111 661 46 707 607 142 43 Whitecliffs .. • • • • 12 900 968 68* 585 214 81 295 289 54 49 Methven . •• 23 1,960 2,289 329* 3,205 425 100 524 510 154 139 Springburn •• •• 28 2,643 731 1,912 4,358 139 26 165 234 87 156 Fairlio •• 36 913 1,461 548* 5,262 396 41 437 422 161 146 Waimate . •• •• 13 4,236 1,949 2,287 4,313 211 150 361 537 156 332 Kurow •• •• 37 5,136 1,544 3,592 7,536 250 42 292 389 «107 204 Ngapara •• 15 89! 778 113 3,579 317 52 369 376 231 239 Waihemo 9 521 1,050 539* 762 223 117 339 281 143 85 Otaso Central •• •• 147 22,065 3,043 19,022 81,209 664 21 685 814 423 552 Outram .. 9 1,591 361 1,230 2,761 133 40 173 310 170 307 Roxburgh •• 61 13,278 1,431 11,847 41,751 212 23 236 430 490 684 Catlins River . .. •• 43 3,773 2,884 889 20,328 330 67 397 418 452 473 Tapanui .. •• 27 2,833 1,780 1,053 5,982 249 66 315 354 183 222 Waikaka • • 13 1,328 859 469 3,255 156 66 222 258 214 250 Switzers •• 14 1.369 621 748 3,804 97 44 141 195 218 272 Wvndham . 4 1,109 827 382 884 215 207 422 492 150 221 Seaward Bush .. •• 34 2,865 873 1,992 9,203 236 26 261 320 212 271 Orawia " .... 9 493 500 7* 4,422 98 56 154 153 492 491 Forest Hill .. .. 13 902 856 46 935 145 66 211 215 68 72 Mararoa .. .. •• •• 12 206* 678 884* 133 100 56 157 83 85 11 South Island totals .. .. 695 79,418 30,252 49,166 237,284 355 43 399 469 271 341 Total, both Islands .. .. 884 144,610 55,808 88,802 475,666 396 63 459 560 438 538 Isolated Sections. Kaihu •• •• 24 3,775 .. 3,775 10,647 .. .. 199 356 286 443 Gigborne •• •• 60 3,879 .. 3,879 36,898 .. .. 340 404 550 614 Nelson •• •• 64 8,185 .. 8,185 29,962 .. .. 192 319 340 467 Picton .. .. •• •• 56 950* .. 950* 23,724 .. .. 634 617 441 424 Total .. .. .. 204 14,889 .. 14,889 101,231 .. .. 358 430 423 495 Grand total .. .. 1,088 159,499 55,808 103,691 576,897 * Indicates profit.