1956-1957 — Page 11

Kowloon-Canton Railway Departmental Reports 九廣鐵路年報 All

36. A temporary post supporting three important signals was erected on the site to carry these 3 signals on 6th January, 1957, pending complete renewal.

37.

The following accidents also occurred during the year:

38.

Trespassers killed by trains

Trespassers injured by trains

Passenger killed by train

Passengers injured by trains

Army vehicle colliding with level crossing gate Point split by ballast train

Shunting engine colliding with stabling wagons Derailment of coaches while shunting

ACCOUNTS

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The Operating Account for the year under review shows a surplus of $3,995,655.02, which is the highest for the past six years and represents an increase of $1,905,667.79 over the previous year. Operating revenue reached a figure of $7,915,938.79, bettering the previous year's figure by $2,101,073.12, while operating expenditure at $3,920,283.77 was up by $195,405.33 over the same period. Percentage of expenditure to revenue indicates a drop from 64.06 the previous year to 49.52.

39. Passenger revenue yielded $4,814,770.27, an increase of $1,451,633.81 over the previous year, while revenue from goods traffic also improved from previous year $1,367,563.25 to $1,751,571.55.

40. It is gratifying that the Profit & Loss Account records once again a net profit, which, amounting to $2,020,015.36 as against $248,458.13 the previous year, brings the total surplus carried forward in the Balance Sheet to $4,422,051.08.

41. Capital expenditure during the year amounted to $2,601,513.63 which comprised mainly the cost of 19 new carriages and part cost of 3 new diesel-electric locomotives.

MECHANICAL WORKSHOPS

42. Locomotives. A serious and most distressing accident occurred at about 3.30 p.m. on April 27th when the firebox crown sheet of locomotive No. 22 caved in at the locomotive shed causing an explosion and leakage of steam, which resulted in fatal injuries to six workers.

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