THE TRAMWAY YEAR

Dominion, Volume 16, Issue 179, 17 April 1923, Page 6

THE TRAMWAY YEAR

NET SURPLUS £19,044

A DECREASE ON LAST YEAR’S PROFIT

INCREASE IN PASSENGERS CARRIED

Last year, on a capital of something like £800,900, a surplus of £22,407 was shown by the Wellington tramways (after all capital charges were mot), whilst this year a surplus of £19,044 is shown, possibly 2 per cent, on the capital outlay. Actually tho revenue shows an increase of only £782 over that of last year, but tho working and special expenditure shows a decrease of £6359. • The figures for tho year ended Afarch 31 (with a comparison with those for last year) are as follow: — 1922-23. 1921-22. Revenue £387,931 £387,149 Working expenses

Mid special expenditure £301,153 £307,512 Capital charges £67,734 £57,230 Net surplus ... £19,044 £22,407 Percentage of

working expenses to revenue 77 p. o. 78 p. o. Revenue per car mile 28.51 d. 28.79 d. Working expenses per car mile ... 21.86 d. 22.60 d. Passengers carried 37,465,109 37,127,814 Car miles run ... 3,265,417 3,226,473 POWER SUPPLY. In the case of the power supply, there is an increase in the revenue of £4553, and a decrease in working expenses amounting to £2,723. The net surplus shown is £8542. . , 1 The figures for the year ended March 31, are: — 1922-23. 1921-22. Revenue £42,1,27 £37.574 Working expenses £23.924 £26,647 Capital charges.,. £9,661 £8,545 Net Surplus .... £8,542 £2,382 Units Sold 3,765,959 3,224,971