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Belfast Corporation Loss in 1961-62
Page 13
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QUBSTANTIALLY reduced profit from
trolleybuses, combined with an increased deficit on motorbuses, has resulted in a £58,014 loss for 1961-62 on Belfast Corporation's transport undertaking. compared with a surplus for the previous period of £52,670,
After taking into account interest on investments, less loss on ancillary activities of the department, there was „a deficit of .C64,855 compared with a profit of C46,624 in 1960-61.
A slight reduction in trolleybus mileage was recorded but the costs per vehicle mile rose to 40.66d., against 38.17d. in the previous yeah The total number of passengers carried was down by over 3m.
Average working expenses for motorbuses were 40.0d. per mile against 37.6d. in 1960-61, representing 94.53% of total revenue as compared with 90.54%, Passengers carried fell by approximately 5m.
Delays in service frequencies, due to traffic congestion, are suggested as a maje:i factor in the reduction in the number of passengers. All Sunday services are now being operated at a loss. The total motorbus deficit was £82,810 whilst the trolleybus surplus was £24,796.
A break-down in the report shows that
out of each 11 spent 8s. 111d. went on traffic salaries and wages, 2s. 24d, on maintenance salaries and wages, 3s. 24d. on materials and fuel, is. 01-d on fuel tax, Is. 8d. on debt charges, is. 8d. on Welfare, Hid. on administration. and 4id. on rates and licences.
During the past year the-first steps were taken to iniplement . the policy: of changing over from trolley to motorbus operation. Last week Sir 'William Lyons handed over the first of 88 Daimler Fleetlines, with 'bodies by M.H. Cars, to Belfast Corporation.