Elizabeth Line/TfL Rail

Period to:	31/03/2023	31/03/2022	Change	31/03/2021	31/03/2020	31/03/2019	5yr change
	£000	£000	%	£000	£001	£000	%
Fares Income	313,684	92,600	238.8%	42,627	118,000	107,716	191.2%
Other income	21,825	45,247	(51.8%)	35,296	56,468	47,268	(53.8%)
Total Revenue	335,509	137,847	143.4%	77,923	174,468	154,984	116.5%
Operating Costs:
Staff	122,867	101,445	21.1%	94,601	97,512	64,574	90.3%
Diesel Fuel	0	0	-	0	0	0	-
Rolling Stock	65,769	73,571	(10.6%)	22,084	70,635	28,192	133.3%
Track access	162,955	134,358	21.3%	122,497	102,697	61,555	164.7%
Other	146,210	136,408	7.2%	127,419	98,834	120,751	103.3%
Total	497,801	462,338	7.7%	366,601	369,678	275,072	81.0%
Operating Profit before grant/premium:	(162,292)	(324,491)	(50.0%)	(288,678)	(195,210)	(120,088)	35.1%
Net subsidy/premium	165,819	207,773	(20.2%)	299,116	206,795	126,903	30.7%
Operating Profit	3,527	(116,719)	(103.0%)	10,438	11,585	6,815	(48.2%)
Operating Margins
Pre-grant	(48.4%)	(235.4%)		(370.5%)	(111.9%)	(77.5%)
Post grant	1.1%	(84.7%)		13.4%	6.6%	4.4%
Operating Profit to Operating Cost	0.7%	(25.2%)		2.8%	3.1%	2.5%