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The New Zealand Railways Magazine, Volume 1, Issue 5 (September 24, 1926)
“Step Ladder”
“Step Ladder”
Working Expenditure and Revenue Account
Four Weeks Ended 21st August, 1926
| Item | 1926 | 1925 |
| Traffic Expenses. | £ | £ |
| Superintendent— | ||
| General | 2,476 | 2,427 |
| District | 7,679 | 7,517 |
| Station expenses— | ||
| Supervision and office | 34,611 | 34,567 |
| Platform | 10,291 | 10,520 |
| Signalling | 12,489 | 11,897 |
| Shunting and marshalling yards | 14,601 | 13,928 |
| Goods-sheds and goods-yards | 16,694 | 16,157 |
| Wharves | 9,031 | 10,111 |
| Fuel, water, stationery, and other station expenses | 3,587 | 3,554 |
| Train expenses— | ||
| Running-expenses | 13,321 | 13,359 |
| Cleaning and heating vehicles | 4,257 | 3,955 |
| Sleeping-cars | 471 | 515 |
| Miscellaneous— | ||
| Claims | 463 | 502 |
| Compensation | 58 | |
| Other charges | 143 | 2 |
| Total | 130,114 | 129,069 |
Working expense accounts are debited each four-weekly period with amounts to cover these charges and the funds are credited. Renewal work or other expenditure for which these special provisions have been made is not charged to operating expenses but to the appropriate fund.
The operating expenditure accounts for each four-weekly period thus include proper provision for the depreciation and renewal of assets, etc., irrespective of the amount that is actually expended on renewal work.
As a result of the new policy distortions in the expenditure figures are avoided and substantial funds are now being built up for the specific purpose mentioned.