D.—2.

STATEMENT No. 13. RENEWALS, DEPRECIATION, AND EQUALIZATION RESERVE ACCOUNTS. General Reserve Account. I £ s. d. ! Balance _ .. .. .. £1,144,552 17 8 Insurance Reserve Account. Expenditure. £ s. d. Income. £ s. d. Losses .. .. .. .. .. 2,707 17 8 Balance from previous year .. .. .. 98,458 10 7 Upkeep railway fire brigades and fire appliances.. 1,518 10 3 Premiums debited to working-expenses .. 11,937 0 6 Balance .. .. .. .. .. 106,169 3 2 £110,395 11 1 £110,395 11 1 Balance .. .. .. .. .. £106,169 3 2 Workers' Compensation Reserve Account. Expenditure. £ s. d. Income. £ s. d* Accident payments .. .. .. .. 48,150J|6 7 Balance from previous year .. .. .. 44,217 3 2 Balance .. .. .. .. .. *6 Premiums debited to working-expenses .. 48,491 611 £92,708 10 1 £92,708 10 1 Balance .. .. .. .. .. £44,558 3 6 Slips, Floods, and Accidents Equalization Reserve Account. Expenditure. £ s. d. Income,. £ s. d. Repairs to bridges, track, &c... .. .. 53,581 17 2 Balance from previous year .. .. .. 54,147 0 8 Balance .. .. .. .. .. 20,385 3 6 Contributions debited to working-expenses .. 19,256 0 0 Interest .. .. .. .. .. 564 0 0 £73,967 0 8 £73,967 0 8 Balance .. .. .. .. .. £20,385 3 6 Betterments Reserve Account. Expenditure. £ s. d. Income. £ s. d. Refreshment Branch .. .. .. 1,297J|3 3 Balance from previous year .. .. .. 3,091 7 9 Balance .. .. .. .. 1,794 4 6 — £3,091 7 9 £3,091 7 9 — Balance .. .. .. .. .. £1,794 4 6 Renewals Reserve Account. Expenditure. £ s. d. Income. £ s. d. Relaying of track .. .. .. .. 165,378 3 4 Balance from previous year .. .. .. 748,467 9 0 Refreshment Branch .. .. .. 256 8 9 Contributions debited to working-expenses .. 204,412 0 0 Balance .. .. .. .. .. 790,489 16 11 ( Interest .. .. .. .. .. 3,245 0 0 £956,124 9 0 I £956,124 9 0 Balance .. .. .. .. .. £790,489 16 11 Depreciation Reserve Account. Expenditure. £ s. d. Income. £ s. d. Way and works, bridges, and portable plant .. 95,315 18 5 Balance from previous year .. .. .. 211,489 16 11 Operating buildings .. .. .. .. 16,637 9 0 Contributions— Signalling and interlocking .. .. .. 24,273 4 5 Way and works, bridges, and portable plant .. 69,706 0 0 Rolling-stock .. .. .. .. 308,319 6 9 Operating buildings .. .. .. 43,578 0 0 Locomotive running and car and wagon depot Signals, interlocking, and electric traction .. 53,760 0 0 plant .. .. .. .. •• 4,130 8 5 Rolling-stock .. .. .. .. 341,460 10 9 Dwellings .. .. .. .. ■ • 24,087 4 3 Locomotive running and car and wagon depot Refreshment, advertising, road service and stores plant .. .. .. .. .. 2,87000 buildings .. .. .. .. 575 5 4 Dwellings .. .. .. .. 35,439 10 0 Workshops buildings and plant .. .. 848 5 3 Head Office buildings and plant .. .. 1,460 0 0 Road services .. .. .. .. 52,176 310 Refreshment, advertising, road service, and Lake Wakatipu steamer service .. .. 143 17 7 stores buildings .. .. .. .. 6,460 0 0 Balance .. .. .. .. ".. 321,622 2 6 Workshops buildings and plant .. .. 40,416 8 0 Lake Wakatipu steamer service .. .. 547 0 0 Road services .. .. .. .. 40,103 0 4 Wharves .. .. .. .. 838 19 9 £848,129 5 9 £848,129 5 9 Balance .. .. .. .. .. £321,622 2 6

13