AnnualReport-1934 — Page 793

Year.

Net Earnings.

Loss on Working.

1910 832.66 1911 24,845.14 1912 34,298.24 1913 87,824.74 1914 90,241.93 1915 46,503.11 1916 69,524.04 1917 90,814.98 1918 77,053.36 1919 73,060.63 1920 33,032.06 1921 75,989.71 1922 148,151.40 1923 48,791.35 1924 87,628.27 1925 827,326.86 161,264.76 1926 99,323.18 1927 ... 1928 20,040.73 1929 138,767.19 1930 133,106.47 1931 150,094.76 1932 333,412.15 1933 711,052.42 1934 696,604.41 Total, 4,715,589.76 4,715,589.76 417,191.43 1,703.61 139,827.11 213,115.84 453,898.92 2,344.56 492,298.11 489,571.04 496,817.79 651,568.82 829,593.59 698,961.89 675,885.92 604,362.32 ... 3,010,404.99 364,675.57 10,525,739.89 1,703.61 139,827.11 213,115.84

Statement No. 6-

(1) Difference between original cost and scrap value of 437 telephone poles transferred to P.W.D. in 1928.

(2) Represents the difference between original cost and estimated value of rails and fastenings and various expenditure items written off in connection with closing of the Fanling Branch Line account authorised in C.S.O. 1114/16. See statement of sales summary of allocations.