S 10
76. The total expended under the Head of Special Expenditure amounted to $81,161.88, and the details are shown in the tables herein.
77. The sale of the remainder of the old Fanling Branch Line rails realised $7,777.18. In 1929 the book value of these rails was written down when $1,967.72 was debited to Profit and Loss Account, and Capital Account was similarly credited. As the proceeds by sale of these old rails was considerably more than expected in 1929, this item was redebited to Capital Account, and the amount $5,188.43 under this subhead credited to Profit and Loss Account. The Fanling Branch Line construction account is now closed with the exception of the one unsold "old locomotive".
78. The fourth instalment on account of re-railing of Tunnel No. 2 in 1928 was included in the Operating Expenses.
79. The sum provided under Personal Emoluments was $397,416.00 which included $4,538, wages of Drivers of Government Motor Cars and Lorries, and the expenditure was $356,048.63. The exchange rate for the 1932 Estimates was fixed at 1/- for the conversion of sterling salaries to dollars, but the average rate of exchange for the year at which the salaries were paid was approximately 1/3.15/16 to the dollar.
80. Under Sterling Salaries $29,612 lapsed, the greater portion of this saving was on account of the higher rate of exchange and in a lesser degree to changes of personnel.
81. Credits afforded in respect of work carried out in the Workshops amounted to $4,062, and other savings chiefly due to staff changes brought the net savings up to $41,367.37.
82. The estimate of Other Charges was $460,709 excluding subhead Motor Cars and Lorries Running Expenses, and the expenditure $429,344.55, or $31,364.45 less than the amount provided.
83. Under General Charges, the amount provided under subhead Advertising was found to be insufficient and a further $495.58 was required.
84. Under E-1-7-3 Stores Depreciation, $336.71 was expended in excess of the amount provided in the Estimates. This additional expenditure was in connection with crossing timbers destroyed by white ants and dry rot, and condemned by a board of survey as unserviceable. However there were small savings under other subheads which reduced the excess to $244.94.
85. The Traffic Expenses were $1,481.64 less than the amount provided. The savings under Printing, Stationery and Tickets, and Stores for Stations, were $760.96 and $683.35 respectively, and smaller savings under various other subheads make up the total
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S 10
76. The total expended under the Head of Special Expendi- ture amounted to $81,161.88, and the details are shown in the tables herein.
77. The sale of the remainder of the old Fanling Branch Line rails realised $7,777.18. In 1929 the book value of these rails was written down when $1,967.72 was debited to Profit and Loss Account, and Capital Account was similarly credited. As the proceeds by sale of these old rails was considerably more than expected in 1929, this item was redebited to Capital Account, and the amount $5,188.43 under this subhead credited to Profit and Loss Account. The Fanling Branch Line con struction account is now closed with the exception of the one unsold "old locomotive".
78. The fourth instalment on account of re-railing of Tunnel No. 2 in 1928 was included in the Operating Expenses.
79. The sum provided under Personal Emoluments was $397,416.00 which included $4,538, wages of Drivers of Govern- ment Motor Cars and Lorries, and the expenditure was $356,048.63. The exchange rate for the 1932 Estimates was fixed at 1/- for the conversion of sterling salaries to dollars, but the average rate of exchange for the year at which the salaries were paid was approximately 1/3.15/16 to the dollar.
80. Under Sterling Salaries $29,612 lapsed, the greater portion of this saving was on account of the higher rate of exchange and in a lesser degree to changes of personnel.
81. Credits afforded in respect of work carried out in the Workshops amounted to $4,062, and other savings chiefly due to staff changes brought the net savings up to $41,367.37.
82. The estimate of Other Charges was $460,709 excluding subhead Motor Cars and Lorries Running Expenses, and the expenditure $429,344.55, or $31,364.45 less than the amount provided.
83. Under General Charges, the amount provided under subhead Advertising was found to be insufficient and a further $495.58 was required.
84. Under E-1-7-3 Stores Depreciation, $336.71 was ex- pended in excess of the amount provided in the Estimates. This additional expenditure was in connection with crossing timbers destroyed by white ants and dry rot, and condemned by a board of survey as unserviceable. However there were small savings under other subheads which reduced the excess to $244.94.
85. The Traffic Expenses were $1,481.64 less than the amount provided. The savings under Printing, Stationery and Tickets, and Stores for Stations, were $760.96 and $683.35 respectively, and smaller savings under various other subheads make up the total
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