CURRENT YEAR'S RAILWAY ACCOUNTS

Evening Post, Volume CXVIII, Issue 33, 8 August 1934, Page 14

CURRENT YEAR'S RAILWAY ACCOUNTS

ANTICIPATED REVENUE & DETAILS OF WORKING

It is anticipated that railways revenue for tho current year will be £6,356,970, and the expenditure £5,350,770. The results of railway workings for tho past fivo years, as shown in tho Eaihvays statement presented to Parliament today, arc as follows:— Year ended March 31. Particular*. 1934. 1933. 1932. 1931. 1930. Total miles open for traffic 3,320 3,313 3,313 3,322 3,287 Average miles open for year 3,3W 3,315 3,315 3,303 3,287 Capital cost of opened and unopened lines £59,337,917 £30,225,891 £59,055,701 £08,679,025 .C 05,526,089 Capital cost of open lines £53,009,347 £51,450,949 £51,424,853 £60,545,154 £57,787,071Capital cost per mile of open lines £18,238 £1-5,530 £15,513 £18,226 £17,581 Gross earnings £6.332,711 - .CBTO3MO3 £6,508,5HS £7,571,537 €8,279,014 Working expenses' .. £5,247,103 ■ £5.153,8r>9 £5.670,955 £6.882,810 £7,355,559 Net earnings £1,085,558 £850.544 £837,993 £655,727 £921,055 Interest charges .. £2,282,365 £2,230.655 £2,221,405 £2,255,345 £2,132,324 Percentage of total working expenses to gross earnings .. 52.86 So .01 87.13 90.90 88.98 Percentage of net earnings to capital invested 2.03 1.G5 1.G4 1.16 1.61 Railway operating ' earnings £5,025,§35 £5,339,075 £5,788,005, £6,781,388 £7,473,993 Railway operating expenses £4,877,146 £4-.83:3,734 -£5,301,653 £6,406,143 £6,545,026 Net railway operating earnings .... £751,659 . £505,321 £457,312 £375,245 £625,967 Percentage of railway operating expenses to earnings 86.05 90.54 . 91.5S " 94.47 91.62 Operating earnings." per average mile ' • . open £1,704 £1,010 £1,746 £2,053 £2,274 Operating expenses ' ■ <■ per average mile open ...." £1,476 £1,458' £1,599 £1,939 £2,053 Net operating earnings' per average mile open £228 £132 £147 £114 £191 tl. d. d. . d. d. Operating earnings • per traiiwnilo ... 132.92 130.37 136.63 144.20 149.21 perat train-raH XePen^!' 113.17 HS.O3 125.13 136.2S 136.71 Net operating earnings per train-mile 17.75 12.34 11.50 . 7.9S 12.50 Passengers ordinary .. 7,511,346 6.570.570 6,503,566 7,288,674 5,495,441 Season tickets ...... 442,742 437,775 450,003 000,440 667,432 T"nevs paSSeDgCT 3'°Ur" 19,047,186 18,366,654 19,151,450 22,513,70S 25,413,621 Goods tonnage' ".'.'.'... 5,003,390 4,045,592 5,272,253 6,409,831 7,233,205 Livestock tonnage .. 548,803 545,094 552,558 556,498 566,407 Tr-iin inila°-e 10,163,474 0,828,853 10,108,720 11,281,898 12,022,043 Engine milage 13,591,300 13.205.878 13,845,966 15,618,776 16,735.624