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Summary of Expenditure

STATEMENT No. 9A Income and Expenditure Account in respect of Subsidiary Services

STATEMENT No. 10 Railway Employees' Sick Benefit Society

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South | North Island Main Island Main .. . , Lino and Branches. Line and Nelson. Picton, Total. Branches. £ £ £ £ £ Maintenance of way and works .. .. .. .. .. 1,345,530 764,669 8,730 27,519 2,146,448 Maintenance of signals and electrical appliances .. .. .. 210,745 113,317 135 1,993 326,190 Maintenance of rolling-stock .. .. .. .. .. 1,762,719 1,087,002 4,069 14,216 2,868,006 Examination, lubrication, and lighting of vehicles .. .. .. 81,465 46,058 247 1,126 128,896 Locomotive transportation .. .. .. .. .. 1,667,520 736,574 6,120 16,846 2,427,060 Traffic transportation .. .. .. .. .. .. 1,888,109 1,288,352 5,956 25,365 3,207,782 General expenses .. .. .. .. .. .. 56,305 28,555 99 506 85,465 Superannuation subsidy .. 115,997 58,827 204 1,042 176,070 Total .. .. .. .. .. 7,128,390 4,123,354 25,560 88,613 11,365,917 Per cent, of operating revenue .. .. .. .. .. 80-47 91-48 169-90 105-72 84-41 Per mile of railway .. .. .. .. .. £ 4,230-50 2,503-55 426-00 1,150-82 3,276-42 Per total train-mile .. .. .. .. .. pence 165-68 194-89 154-54 209-28 175-48

Payments to Sorvice. Revenue. Expenditure. Net Proflt - Bent, &o. £ £ £ £ * £ Lake Wakatipu steamers .. .. .. 0,168 14,514 702 15,216 Dr. 6,048 Refreshment .. .. .. .. .. 397,513 327,356 18,891 346,247 51,266 Bookstall .. .. .. .. •• 188,292 164,239 17,987 182,226 6,066 Advertising .. .. .. .. .. 29,883 18,630 8,301 26,991 2,892 Departmental dwellings .. .. .. 155,141 142,880 69,741 212,621 Dr. 57,480 Buildings occupied by refreshment service, bookstall- 43,142 14,513 13,456 27,969 15,173 proprietors, &c. Road services .. .. 646,682 559,387 20,762 580,149 66,533 1,469,821 1,241,519 149,900 1,391,419 78,402

Income and Expenditure EXPENDITURE. 1943-44. 1942-43. INCOME. 1943-44. 1942-43. £ £ £ £ Sick benefits paid to members .. .. 51,488 48,905 Contributions .. .. .. .. 30,888 24,445 Entrance fees .. .. .. .. Ill 190 Interest on investments .. .. .. 347 713 Subsidy as per section 5, subsection (1), of 8,000 8,000 Government Railways Amendment Act, 1928, charged to Working Railways Account Special subsidy .. .. .. .. 2,000 2,000 Balance being excess of expenditure over income 10,142 13,557 for the year 51,488 48,905 51,488 48,905 Excess of expenditure over income .. .. 10,142 13,557 Accumulated funds brought forward on 1st April 18,076 31,633 Balance accumulated funds as at 31st March 7,934 18,070 18,076 31,633 18,076 31,633 Balance-sheet Liabilities £ £ Assets £ £ Accumulated funds .. .. 7,934 18,076 Investments .. .. .. .. 8,598 13,251 Sick pay due not paid .. .. .. 53 8 Contributions outstanding at 31st March, 1944 24 46 Working Railways Account .. .. 635 .. Cash in Working Railways Account .. .. .. 4,787 8,622 18,084 8,622 18,084