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41. The exchange of accounts and supporting documents between the two Sections, has been reasonably prompt throughout the year.
42. Currencies and rates of exchange for the C.H.R. Section have changed at various times during the year, but dues to the British Section have been correctly claimed in Hong Kong dollars.
43. The working results for the past three years are as under :--
Year
Gross Receipts
Operating
Expenses
1946/47
4,431,700.03
2,226,388.73
1947/48
6,431,252.29
3,302,465.42
1948/49
Nett Operating Revenue
7,075,991.75 3,480,090.70
2,205,311.30
3,128,786.87
3,595,901.05
44. Receipts and Expenditure under the most important heads during the past three years are as follows:-
Operating Receipts.
Heads
1946/47
1947/48
1948/49
Passenger Service,
Passengers
$3,028,095.17
$5,129,206.43
$6,076,999.98
Other
293,799.51
167,485.47
118,438.56
Goods Service, Goods
738,732.78
618,634.42
269,614.73
Goods Service, Other
11,706.00
15,206.60
40,554.66
Profit on Central
Mechanical Works
131,951.74
50,276.19
56,327.87
Rents
89,651.67
137,768.87
141,616.87
Incidental Revenue.
137,763.16
149,139.37 225,263.83
Auxiliary Operation
Foreign Haulage.
150,674.94
2,525.25
Interchange of
Rolling Stock
12,860.00
144,650.00
Operating Expenditure.
Heads
1946/47
Traffic Expenses
326,345.94 466,677.06
Running Expenses
719,707.20
1,346,110.62
Maintenance of
Equipment
537,697.44
658,678.24
821,550.63
Maintenance of
Way & Structures ...
455,871.67 525,682.60 653,260.10
General Expenses $ 186,766.48 $ 305,316.90
1948/49 $ 298,771.35
495.590.71 1,210,917.91
1947/48
45. Services rendered by the Workshops for other than the Department's own requirements were as follows:-
Canton-Hankow Railway
Government Departments
Outside firms
1947/48
1948/49
$148,745
$108,347
31,534
51,290
24,405
21,068
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