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RAILWAY FINANCES

FOUR-WEEKLY ANALYSIS DECREASE IN HOLIDAY RETURNS [Per United Press Association.] WELLINGTON, February 11. A working profit of £87,395 is shown in the railway accounts for the four weeks ended January 8, an abstract of which appears in the ‘ Gazette.’ The result, which covers the greater part of the Christmas and New Year holiday period traffic, repesents a decrease of £32,086, compared with the corresponding period last year. The gross receipts amounted to £677,777, or £36,235 more than last year. Expenses, at £590,382, were £68,321 higher. The operating account for the North Island shows a revenue of £356,962, an increase of £12,412. The expenses were £314,933, or £36,607 higher. Net revenue, at £42,029, was £24,195 less than a year ago. In the South Island receipts were £219,627, and expenses £214,046, these amounts being £3,613 and £17,657 respectively greater than the corresponding figures last year. Net revenue decreased by £14,044 to £6,581. The balance of miscellaneous revenue was £39,785, an increase of £6,153. Gross revenue was £lOl,lBB, and gross expenditure £61,403. "V Revenue for the 40 weeks from April 1 to January 8 amounted to £6,349,680, an increase of £747,440. Expenses, totalling £6,030,759, were £937,128 higher.. Net revenue, at £318,921, decreased by £189,688.

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https://paperspast.natlib.govt.nz/newspapers/ESD19380212.2.49

Bibliographic details

Evening Star, Issue 22881, 12 February 1938, Page 11

Word Count
203

RAILWAY FINANCES Evening Star, Issue 22881, 12 February 1938, Page 11

RAILWAY FINANCES Evening Star, Issue 22881, 12 February 1938, Page 11

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