§ Mr. CHIOZZA MONEYasked the President of the Board of Trade if he will state for the Prussian State railways and the British railways, respectively, for the years 1233W 1906, 1907, and 1908, the amount of net profit, and the percentage of profit on the capital employed?
§ Mr. CHURCHILLIt is not possible to give fully comparable figures with regard to the capital employed in the railways of the United Kingdom and Prussia respectively. The only figures available with regard to the capital of the Prussian and Hessian State Railways are those representing the actual cost of construction and equipment of the lines, whilst in the United Kingdom the available information relates to the total paid up capital. With these reservations the following figures may be given:—
I. UNITED KINGDOM. Years. Paid-up Capital. Net Earnings. Proportion of Net Earnings to Paid-up Capital. Total. Total exclusive of nominal additions. Inclusive of nominal additions. Exclusive of nominal additions. £ £ £ Per cent. Per cent. 1906 … 1,286,883,000 1,090,420,000 44,446,000 3.45 4.08 1907 … 1,294,066,000 1,097,011,000 44,940,000 3.47 4.10 1908 … 1,310,533,000 1,112,991,000 43,486,000 3.32 3.90
II. PRUSSIAN AND HESSIAN STATE RAILWAYS. Years ended 31st March. Cost of Construction and Equipment. Net Earnings. Proportion of Net Earnings to Cost of Construction and Equipment. £ £ Per cent. 1906 … … 451,031,000 33,480,000 7.42 1907 … … 467,095,000 34,323,000 7.35 1908 … … 487,615,000 31,180,000 6.39