AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

GROWING RECEIPTS ON GLASGOW'S BUSES

23rd August 1932, Page 61
23rd August 1932
Page 61
Page 62
Page 61, 23rd August 1932 — GROWING RECEIPTS ON GLASGOW'S BUSES
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

An Analysis of the Operations of a Municipal Fleet of 332 Vehicles TEE municipal year in most cities and towns in Great Britain ends on March 31st, but in Glasgow • the year covering the operation of the transport services of the city ends on May 31st. For the past year to that date the gross profit on the buses, as shown by the revenue account, amounted to 192,150. All but 1230 of the total income of 1599,947 was received from traffic operations, whilst working expenses, excluding depreciation, totalled £507,797.

To the balance of £92,150 must be added the sum of :15,793, representing

interest on investments. From the total of 197,94:1 there falls to be deducted depreciation (£100,678), interest (£2:3,756), sinking fund (£14,108) and income tax (£926), a total of £139,468, so that the deficit on the year amounts to £41,525, which contrasts with a. deficit of 114,462 in the preVious year. For the purposes of depreciation the

rate is 17i per cent, on buses and 10 per cent, on plant.

An 'analysis of the revenue account shows that the gross profit was greater by £150 than the figure for the previous' year, the higher deficit being accounted for by the increased capital charges, although mention must be made of the fact that during the past year interest from investments brought in £5,793 (as already mentioned), as against 1220 a year earlier. The figure for depreciation alone was £16,797 above that for the year ended May 31st, 1931. • The chief items of expenditure, as revealed in the revenue account, were as follow :—Traffic expenses, £208;887; cost of repairs and maintenance, *122,214; cost of motor spirit, £102,538; general expenses, £35,940; licences, £28,801.

On a per-bus-mile basis total revenue amounted to 12.709d. (13.575d. a year earlier), whilst total working expenses were 10.757d. (11.216d. a year earlier), the balance for the past year being 1.052d., as contrasted with 2.359d, a year earlier. In considering these

figures it must be borne in mind that the buses travelled nearly 2,000,000 more miles in the past year than in the year ended May 31st, 1931, the actual figures being 11,329,652 and 9,359,773 respectively. Furthermore, the route mileage was slightly increased, and on May 31st last stood at 146.92.

Daring the year the buses carried' 81,595,523 passengers, representing a gain of nearly 7,500,000 passengers over the previous year's figures. The average number of miles covered per day per bu.s was 140.49.

_Although the corporation owns 332 buses the average number in use per day (12i hours per day) was 220, the average bus hours per day-bein,g 2,809. Only eight of the total fleet are singledeckers, 291 of the double-deckers being 51-seaters, whilst there is only one sixwheeler in the fleet. Approximately 280 vehicles are of Leyland manufacture. .,,,. Glasgow Corporation first instituted bus services in December, 1924, and at the end of May last the capital expenditure on the system amounted to £750,519.

Tags

Locations: Glasgow

comments powered by Disqus