South Western
Operator: FirstGroup/MTR Corporation JV
| Period to: | 31/03/2023 | 31/03/2022 | Change | 31/03/2021 | 31/03/2020 | 31/03/2019 | 5yr change |
|---|---|---|---|---|---|---|---|
| £000 | £000 | % | £000 | £000 | £000 | % | |
| Fares Income | 766,125 | 544,587 | 40.7% | 190,459 | 984,137 | 1,097,019 | (30.2%) |
| Other income | 50,514 | 3,242 | 1458.1% | 32,669 | 102,229 | 81,277 | (37.8%) |
| Total Revenue | 816,639 | 547,829 | 49.1% | 223,129 | 1,086,367 | 1,178,295 | (30.7%) |
| Operating Costs: | |||||||
| Staff | 337,596 | 332,852 | 1.4% | 328,100 | 288,138 | 285,534 | 18.2% |
| Diesel Fuel | 10,915 | 7,576 | 44.1% | 6,454 | 7,466 | 8,081 | 35.1% |
| Rolling Stock | 119,864 | 105,624 | 13.5% | 186,573 | 190,208 | 206,865 | (42.1%) |
| Track access | 259,358 | 239,242 | 8.4% | 225,065 | 188,676 | 185,724 | 39.6% |
| Other | 245,528 | 232,629 | 5.5% | 255,005 | 165,719 | 271,959 | (9.7%) |
| Total | 973,261 | 917,921 | 6.0% | 1,001,197 | 840,206 | 958,163 | 1.6% |
| Operating Profit before grant/premium: | (156,622) | (370,092) | (57.7%) | (778,068) | 246,160 | 220,132 | (171.1%) |
| Net subsidy/premium | 170,871 | 386,770 | (55.8%) | 785,165 | (300,554) | (182,558) | (193.6%) |
| Operating Profit | 14,249 | 16,678 | (14.6%) | 7,097 | (54,393) | 37,574 | (62.1%) |
| Operating Margins | |||||||
| Pre-grant | (19.2%) | (67.6%) | (348.7%) | 22.7% | 18.7% | ||
| Post grant | 1.7% | 3.0% | 3.2% | (5.0%) | 3.2% | ||
| Operating Profit to Operating Cost | 1.5% | 1.8% | 0.7% | (6.5%) | 3.9% |