B.—l [Pt. IV].

WORKING RAILWAYS ACCOUNT— continued. Income and Expenditure of the Whole Undertaking for the Year ended 31st March, 1937.

Net Revenue Account.

87

Year 1936-S7. Tear 1935-86, — Statement No — 1 — 1 ||jt S —^ — — Gross Bevenue. J Expenditure. j Net Revenue. ;| Gross Eevenue. Expenditure. j Net Eevenue. w ratl °f " " "" " ! 3 6,903,604 (j 3 6,338,385 5 3 15 *0 6,243,518 17 t ! 5,523,192 18 11 720 326 18 10 Lake Wakatipu steamers 4 7,111 17 6 10,855 0 0 Dr. 3,743 2 6 10,597 14 7 9 398 11 9 1 199 2 10 Refreshment service 5 103,351 0 4 101,124 11 11 2,226 8 5 89,132 2 3 84,976 11 2 4 155 11 1 Book-stall service .. .. .. .. 5a 54,417 5 2 51,245 6 11 3,171 18 3 45,797 12 5 43,041 11 0 2'756 1 5 êwent™ gSer ™ e ? I U 31 > 150 11 5 3 > 38410 6 37 ' 7U 4 2 2 10 2,383 1 4 elm 0 s •• •• •• •• 7 131,187 6 0 164,745 13 0 Dr. 33,558 7 0 129,254 13 7 156,692 3 2 Dr 27 437 9 7 &c. re me service, book- 8 19,019 10 0 12,233 2 9 6,786 7 3 17,909 0 3 11,463 14 10 6,445 5 5 9 4 % 177,053 8 2 21 ' 697 16 3 103 > 279 13 0 94 > 682 8 7 8 ' 597 4 5 miscellaneous revenue .. .. .. .. 338,6/3 17 7 .. 338,673 17 7 333,052 3 7 .. 333,052 3 7 7,790,651 3 2 6,886,792 19 5 .. 7,004,316 1 7 5,952,839 2 3 Total net revenue to Net Eevenue Account.. .. .. 903,858 3 9 ~ 7 1,051,476 19 4

DU 19S6 - 37 ' 1936 -36- [ Of. 1936-37. 1935-36. Interest charges .. .. .. .. 2,309,754 6 4 2,300,050 15 10 Net earnings before charging interest on capital .. 903,808 3 9 1,051, 476 19 Reduction on account of interest charges, videl 1,405,896 2 7 | 1,248, 573 16 6 | section 14, Finance Act, 1930 (No. 2) 2,309,754 6 4 j 2,300,050 15 10 ; 2,309,754 6 4 ! 2,300,050 15 10