D.-2

STATEMENT No. 12 Statement of Cash Receipts and Payments—Working Railways Account

STATEMENT No. 13 RENEWALS, DEPRECIATION, AND EQUALIZATION RESERVE ACCOUNTS

STATEMENT No. 14 Expenditure on Construction of Railways, Rolling-stock, etc., to 31st March, 1943; Net Revenue and Rate of Interest earned on Capital expended on Opened Lines for Year ended same Date

Note.—The amount stated in this return as the cost of construction of opened lines includes the Provincial and General Government expenditure on railways. It also includes the Midland Railway and expenditure by the Groymouth and Westport Harbour Boards on railways and wharves under the provisions of section 7 of the Railways Authorization Aet, 1885, the information regarding the last-mentioned being furnished by the respective Boards. The rate of interest earned has been computed on the average capital.

Inset—l

13

Receipts £ Payments £ Balance brought forward .. .. 301,796 Wages and vouchers— Revenue receipts .. .. .. 14,684,474 Working Railways .. .. .. 12,142,023 " Credits-in-aid " (Working Railways) .. 1,859,531 Railways improvements and additions to " Credits-in-aid" (railway improvements and open lines .. .. .. .. 36,314 additions to open lines) .. .. 35,960 Refunds to Harbour Boards, shipping cornContributions to Sick Benefit Fund .. 34,696 panics, and other carriers . . .. 520,595 Interest on investments .. .. 17,906 Interest on capital (year 1941-42) .. 62,304 Investments realized .. .. .. 16,000 Interest on capital (year 1942-43) .. 2,500,000 Investments purchased .. .. .. 250,713 Balance as per General Balance-sheet .. 1,438,414 £16,950,363 £16,950,363 Reconciliation Statement £ s. d. Credit balance in Working Railways Account as per Treasury figures .. 1,372,574 9 10 Add imprests outstanding .. .. .. .. .. 65,772 13 1 Cash in transit, &c. .. .. .. .. ,. .. 66 6 5 Credit balance as per above statement .. .. .. £1,438,413 9 4

| Credit Balance Contributions Expenditure c ... „ at oi,t March Year ending Year ending i ?, t , 1942 31st March" 31st March, at 31st March, I ' 1943. 1943. 1943 ' - £ £ £ General Reserve Account .. .. .. 1,144,553 .. .. 1 144 553 Insurance Reserve Account .. .. .. 91,435 8,403 15,176 84*722 Workers'Compensation Reserve Account .. 59,599 59,831 61,731 57'699 Slips, Moods, and Accidents Equalization Reserve 26,104 19,521 .. 45*625 Account Betterments Reserve Account: Refreshment Branch 5,966 13,000 334 18 632 Renewals Reserve Accounts .. .. .. 687,661 443,723 186,297 945'087 Depreciation Reserve Account .. .. .. 1,433,952 1,015,062 482,401 1,96G'613 Totals .. .. .. .. 3,449,270 1,559,600 745,939 4,262,931

Opened Lines. Section of Railway. i Net Interest Lines ed Boiling- Avenue. £££» Works. Stock. xuwu. £ £ £ £ £ s. d. North Island Main Line and Branches .. 37,352,211 6,693,250 44,045,461 1,855,132 4 7 2 South Island Main Line and Branches .. 16,944,483 3,578,532 20,523,015 542,106 2 12 11 Nelson .. .. .. .. .. 497,242 9,383 506,625 -8,046 Picton .. .. .. .. .. 1,100,062 14,799 1,114,861 6,229 0 i3 11 55,893,998 10,295,964 66,189,962 2,395,421 3 14 4 Lake Wakatipu steamer service .. .. 20,396 .. 20,396 —4,492 Subsidiary services, &c. .. .. .. 2,464,809 .. 2,464,809 !! In suspense—■ Surveys, North Island Surveys, South Island General .. .. .. .. 9,896 .. 9,896 " '' P.W.D. stock of permanent-way 58,389,099 10,295,964 68,685,063 2,826,580 4 6 1 Total cost of opened lines at 31st March, 1943 .. .. £68,685,063