d—a

Note.— Unopened lines are under the control of the Ministry of Works, and all expenditure out of the Public Works Account in connection therewith, is included in the accounts of that Department.

STATEMENT No. 1 Capital Account as at 31st March, 1949

13

— _ Total to 31st March, 1948. Year ended 31st March, 1949, Total to 31st March, 1949. Total to 31st March, 1948. Year ended 31st March, 1949. Total to 31st March, 1949. Expenditure Permanent- way —Works, buildings, machinery, plant, and dwellings Rolling-stock, lake steamers, and road motors Lines closed for traffic Deduct accrued depreciation on existing assets Add unexpended balances as per Depreciation Account £ 68,225,966 18,653,961 241,823 £ 756,603 1,307,258 £ 68,982,569 19,981,219 241,823 Receipts Capital included in public debt .. Other capital Deduct accrued depreciation and other losses of capital written off in accordance with subsection (2), section 23, of the Government Railways Amendment Act, 1931 £ 78,397,821 9,091,210 £ 1,703,328 3,961 £ 80,101,149 9,095,171 87,121,750 12,166,533 2,063,861 680,598 89,185,611 12,847,131 87,489,031 10,400,000 1,707,289 89,196,320 10,400,000 74,955,217 2,133,814 1,383,263 324,026 76,338,480 2,457,840 77,089,031 1,707,289 78,796,320 77,089,031 1,707,289 78,796,320