KRA Accounts
Page 34
If you've noticed an error in this article please click here to report it so we can fix it.
Accounts show that the gross receipts of British Road Services amounted to £62.473,177. compared with expenditure of £63,579;653. Working expenses were made up as follows: Vehicle operating costs, £31,178,774; maintenance and depreciation of vehicles,
£16,234,464; other traffic costs, £5,452,095; maintenance and renewal of structures. £330,170; vehicle licence duties, £1,801,516. general expenses, £8.582,634.
The loss of £1.106,476 is explained in several ways. Wages of drivers and attendants in 1950 were about 167 per cent. of those paid in 1949. The increase in the cost of petrol and oil fuel was' 237 per cent., and of tyres
178 per cent. Apart from the actual rise in prices, mileage increased. by about 183 pet cent. Tonnage, excluding contract work, advanced by 171 per cent., whereas the gross receipts were only 165 per cent. of the 1949 figure. The cost of maintaining vehicles rose to 178 per cent, as compared with the figure for 1949.