KOWLOON-CANTON RAILWAY
Operating Account for the year ended 31st March 1978
APPENDIX II
INCOME
Notes
1978
1977
$'000
$'000
Passenger services
Goods services
Rent and miscellaneous receipts
Subsidy for scholar tickets
2545
15,388
11,867
3
20,166
17,751
3,395
3,378
3,058
3,353
Income from postal service and other
government use
Interest receivable
67
6
1,918
1,731
7
537
828
44,462
38,908
EXPENDITURE
Staff cost
8
21,090
17,581
General operating expenses
9
12,570
10,025
Contractor's work on goods services
10
3,823
3,199
Administration
11
1,640
1,539
Depreciation
12
3,925
2,454
43,048
34,798
SURPLUS during the year
Accumulated surplus brought forward
1,414
4,110
63,483
60,606
64,897
64,716
APPROPRIATIONS
Replacement reserve
424
1,233
Accumulated surplus carried forward
64,473
63,483