AnnualReport-1938 — Page 757

Statement No. 2-Capital Expenditure.

Net Capital Expenditure

Main Heads During the Year At the End of the Year At the Beginning of the Year New Lines and Additions and Extensions 7 6 Betterments Property Abandoned 2 3 4 5 $ 27 C-1 General Expenditure 753,619.68 80,045.23 753,619.68 80,045.23 C-3 Land 5,210,696.83 5,210,696.83 C-4 Formation 2,844,293.70 2,844,293.70 C-5 Tunnels 3,817,997.54 3,817,997.54 C-6 Bridgework 1,419,674.07 1,419,674.07 C-7 Line Protection C-8 Telegraphs and Telephones 128,456.31 43,582.12 221.51 € 221.51 128,677.82 48,582.12 C-9 Track 1,074,055.42 1,074,055.42 C-10 Signals and Switches 97,007.06 9,248.53 C-11 Stations and Buildings 1,112,539.14 28,353.20 9,248.53 C-12 Central Mechanical Works 28,353.20 106,255.59 1,140,892.34 400,801.33 400,801.33 C-13 Special Mechanical Works C-14 Plant 190,682.76 -190,682.76 C-15 Rolling Stock 2,881,189.78 223,332.06 223,332.06 3,054,521.84 C-16 Maintenance 1,129.75 1,129.75 C-17 Docks, Harbours and Wharves 76,022.13 76,022.13 C-18 Floating Equipment Total of Part I 20,081,792.85 261,155.30 261,155.30 20,342,948.15

Part II-Financial Accounts.

C-19 Interest during Construction 701,705.62 701,705.62 Total of Part II C-20 Exchange (Commuted General and Bank) Total of Part I & II 306,794.96 306,794.96 394,910.66 20,476,703.51 394,910.66 C-21 Deduct Receipts on Capital Account 261,155.30 261,155.30 20,737,858.81

Part I-Construction Accounts.

Total cost of property carried to Balance Sheet $20,476,703.51"

$261,155.30 $261,155.30 $20,737,858.81