D—2

STATEMENT No. 14 Expenditure on Construction of Railways, Rolling-stock, etc., to 31st March, 1949; 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 Greymouth and Westport Harbour Boards on railways and wharves under the provisions of section 7 of the Railways Authorization Act, 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.

STATEMENT No. 15 Capital Expenditure out of Working Railways Account for the Year ended 31st March, 1949

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Section of Railway. Opened Lines. Net Revenue. Rate of Interest earned. Lines and Works. Rolling-stock. Total. North Island Main Line and Branches South Island Main Line and Branches Nelson £ 38,593,371 23,326,713 490,152 £ 8,167,729 4,776,576 9,641 £ 46,761,100 28,103,289 499,793 £ -782,443 -644,242 -22,689 £ s. d. Lake Wakatipu steamer service Subsidiary services, &c. In suspense— General 62,410,236 20,396 3,401,846 9,896 12,953,946 75,364,182 20,396 3,401,846 9,896 -1,449,374 -4,963 351,471 65,842,374 12,953,946 78,796,320 -1,102,866 Total cost of opened lines at 31st March, 1949 78,796,320

Way and Works Branch: Particulars of Works. Depreciation Fund. Improvements and Additions to Open Lines. Total. Land Grading, formation, tunnels, and permanent-way Bridges, overbridges, subways, and culverts Station buildings, engine-sheds, and other operating buildings Fences, gates, cattlestops, cattle-yards, and loading-banks .. Dwellings and huts Stores and workshops buildings and plant -Refreshment, advertising, and road-service buildings Cranes, weighbridges, turntables and water services Miscellaneous (roads, sewerage, drainage, &c.) Signalling, communications, and Electrification Sawmills Expenditure by Public Works Department: Grade easements and deviations £ Or. " 339 339 86,516 Or. 3,807 11,458 13,923 56,643 £ 10,838 51,287 52,352 118,505 7,581 106,885 6,416 72,237 6,942 22,741 80,024 108,880 • £ 10,838 50,948 52,691 205,021 7,581 103,078 17,874 86,160 6,942 22,741 136,667 108,880 164,733 644,688 9,634 809,421 9,634 164,733 654,322 819,055