Merseyrail Electrics

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	38,927	35,384	10.0%	15,100	49,456	53,303	(27.0%)
Other income	34,033	27,481	23.8%	19,441	23,040	20,670	64.6%
Total Revenue	72,960	62,865	16.1%	34,541	72,496	73,973	(1.4%)
Operating Costs:
Staff	59,899	52,298	14.5%	60,920	59,255	59,435	0.8%
Diesel Fuel	0	0	-	0	0	0	-
Rolling Stock	13,129	12,490	5.1%	13,177	12,753	13,223	(0.7%)
Track access	29,565	28,634	3.3%	28,530	28,017	17,581	68.2%
Other	74,884	70,535	6.2%	54,555	58,908	58,525	28.0%
Total	177,477	163,957	8.2%	157,182	158,933	148,765	19.3%
Operating Profit before grant/premium:	(104,517)	(101,092)	3.4%	(122,641)	(86,437)	(74,791)	39.7%
Net subsidy/premium	122,295	108,790	12.4%	111,313	105,748	95,592	27.9%
Operating Profit	17,778	7,698	130.9%	(11,327)	19,311	20,801	(14.5%)
Operating Margins
Pre-grant	(143.3%)	(160.8%)		(355.1%)	(119.2%)	(101.1%)
Post grant	24.4%	12.2%		(32.8%)	26.6%	28.1%
Operating Profit to Operating Cost	10.0%	4.7%		(7.2%)	12.2%	14.0%