D—2

STATEMENT No. 4 Income and Expenditure in Respect of Lake Wakatipu Steamers

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Expenditure. 1948-49. 1947-48. Per Cent, of Revenue. Revenue. 1948-49. 1947-48. Per Cent, of Revenue. 1948-49. 1947-48. 1948-49. 1947-48. Salaries and wages, shore staff Salaries and wages, steamer staff Coal and stores Repairs, steamers Repairs, wharves, &c. Insurance, depreciation, &c. Motor-lorry expenses £ 3,587 8,091 2,600 1,809 659 1,390 12 £ 3,213 7,197 2,168 1,609 277 1,313 135 26-31 59-36 19-07 13-27 4-84 10-20 0-09 24-73 55-38 16-68 12-38 2-13 10-10 1-04 Ordinary passengers Season tickets Parcels, luggage, and mails Goods Miscellaneous 1 £ 6,417 29 497 6,614 73 £ 6,161 29 497 6,237 72 47-08 0-22 3-64 48-52 0-54 47-40 0-23 3-82 47-99 0-56 Operating loss 13,630 4,518 12,996 2,916 100-00 33-14 100-00 22-44 18,148 15,912 133-14 122-44 18,148 15,912 133-14 122-44 Operating loss Payments to railway revenue — Interest on capital 4,518 445 2,916 549 33-14 3-26 22-44 4-22 Net loss 4,983 3,465 36-40 26-66 4,983 3,465 36-40 26-66 4,963 3,465 36-40 26-66