1970-1971 — Page 21

APPENDIX II

KOWLOON-CANTON RAILWAY

OPERATING ACCOUNT-YEAR ENDED 31ST MARCH, 1971

Expenditure

1970-71

S

$

1969-70

$

Revenue

1970-71

1969-70

$

$

Traffic Expenses

Traffic Running Expenses 1,576,891

1,303,414

Passenger Services

8,134,795

7,928,002

Traffic Salaries and

General Expenses

2,828,280

4,405,171| 2,366,979| 3,670,393||Goods Services

7,289,860

7,171,801

Maintenance

Workshop Services

95,149 15,519,804

70,958 15,170,761

Mechanical

2,603,430

Way and Structures

3,687,517

Rainstorm Damage

2.190,738 6,290,947] 3,154,346| 5,345,084| 35,398 335

Depreciation

Plant

83,099

Rolling Stock

1,563,820

85,028

1,563,820

Other

668,071 2,314,990 648,672

2,297,520

13,046,506

11,313,332

Gross Operating Profit C/F

3,857,429

15,170,761

2,473,298

15,519,804

PROFIT & LOSS ACCOUNT-YEAR ENDED 31ST MARCH, 1971

15,519,804

15,170,761

16

Expenditure

1970-71

1969-70

Revenue

1970-71

1969-70

Administrative and General Expenses and Salaries

$

487,870

$

$

$

$

$

1,063,524

Gross Operating Profit

2,473,298

3,857,429

Loss on disposal of Fixed

Assets

28,303

Revenue

Contribution in lieu of

A4

Rates and Duty

1,071,594

606,024

Interest

+++

84,094

Rent

820,000

820,000

Rents and Incidental

Proceeds of Sales of Surplus Stores

Profit on disposal of Fixed

957,957

823,644

629

5,200

Stores Charges

68,303

64,366

Assets

***

371,646 1,330,232Į

828,844

Payment for damage to

other Railway's rolling

stock, etc.

5.954

2,453,721

2,666,311

Nett Profit C/Fwd. to

Balance Sheet

1,349,809

2,019,962

3,803,530

4,686,273

3,803,530

4,686,273

APPENDIX III

As at 31st March,1970

Nett Book

Value

KOWLOON-CANTON RAILWAY

BALANCE SHEETS AS AT 31ST MARCH, 1970 AND 1971

At Cost

$

As at 31st March, 1971

Depreciation to date

$

Nett Book

Value

$

17