were introduced for train journeys from Kowloon Terminal and Mong Kok to New Territories stations and from New Territories stations to Kowloon Terminal and Mong Kok. The response was encouraging as altogether 12,968 tickets were sold.
30. Accidents. The following railway accidents occurred during the period under review:
Trespassers injured by trains Trespassers killed by trains Trespassers killed by rail-bus Passengers injured by trains
Passengers killed by trains
Staff injured on duty
Shunting operations
Derailments
Others
噓
*
***
:
4
10
1
19
1
6
★
4
***
6
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ACCOUNTS
31. The Gross Operating Profit for the year was $3,828,948 represent- ing an increase of 80.55% as compared with the figure of $2,120,752 in the previous year. The Gross Operating Receipts from Goods Traffic increased by 43.86% from $4,741,719 to $6,821,346 and Passenger Traffic Receipts increased by 5.34% from $7,021,614 to $7,396,686. The Nett Profit transferred to the Appropriation Account amounted to $2,580,876, an increase of $1,748,727 over the previous year.
32. During the year, apart from the erection of a frictional buffer stop ($10,622) there was no increase in the fixed assets. The costs of re-provisioning the Railway workshops are excluded from this year's accounts because the apportionment of the land reclamation and other capital costs of resiting the workshops are under consideration, and the proportion to be borne by the Railway will be brought into the accounts for 1969-70.
33. The asset 'Land and Formation' stands in the Balance Sheet at a book value of $8,228,391 only, a figure which is considerably below the current market value of the land under private treaty grant for railway use. No charge for the use of land is borne by the Railway Accounts.
34. The Accounts and supporting data are published in Appendices I to V to this report.
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