Elizabeth Line/TfL Rail
Operator: MTR Corporation for TfL
| Period to: | 31/03/2024 | 31/03/2023 | Change | 31/03/2022 | 31/03/2021 | 31/03/2020 | 31/03/2019 | Change since 2019 |
| £000 | £000 | % | £000 | £000 | £001 | £000 | % | |
| Fares Income | 605,980 | 313,684 | 93.2% | 92,600 | 61,146 | 372,209 | 413,913 | 46.4% |
| Other income | 15,249 | 21,825 | (30.1%) | 45,247 | 31,000 | 51,591 | 53,229 | (71.4%) |
| Total Revenue | 621,229 | 335,509 | 85.2% | 137,847 | 91,660 | 423,800 | 467,142 | 33.0% |
| Operating Costs: | ||||||||
| Staff | 119,897 | 122,867 | (2.4%) | 101,445 | 137,261 | 132,441 | 130,531 | (8.1%) |
| Diesel Fuel | 0 | 0 | - | 0 | 28,861 | 34,480 | 36,624 | (100.0%) |
| Rolling Stock | 80,097 | 65,769 | 21.8% | 73,571 | 65,595 | 48,817 | 41,927 | 91.0% |
| Track access | 202,535 | 162,955 | 24.3% | 134,358 | 95,222 | 105,457 | 66,823 | 203.1% |
| Other | 204,145 | 146,210 | 39.6% | 136,408 | 110,653 | 93,166 | 130,610 | 56.3% |
| Total | 606,675 | 497,801 | 21.9% | 445,782 | 437,591 | 414,360 | 406,516 | 49.2% |
| Operating Profit before grant/premium: | 14,554 | (162,292) | (109.0%) | (307,935) | (345,931) | 9,440 | 60,626 | (76.0%) |
| Net subsidy/premium | 91,042 | 165,819 | (45.1%) | 312,980 | 364,669 | 27,436 | (25,705) | (454.2%) |
| Operating Profit | 105,596 | 3,527 | 2893.9% | 5,045 | 18,738 | 36,875 | 34,921 | 202.4% |
| Margins | ||||||||
| Operating Margin pre-grant | 2.3% | (48.4%) | (223.4%) | (377.4%) | 2.2% | 13.0% | ||
| Operating Margin post grant | 17.0% | 1.1% | 3.7% | 20.4% | 8.7% | 7.5% | ||
| Operating Profit to Operating Cost | 17.4% | 0.7% | 1.1% | 4.3% | 8.9% | 8.6% |