South Western
Operator: FirstGroup/MTR Corporation JV
| 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 | 896,401 | 766,125 | 17.0% | 544,587 | 190,459 | 984,137 | 1,097,019 | (18.3%) |
| Other income | 54,968 | 50,514 | 8.8% | 3,242 | 32,669 | 102,229 | 81,277 | (32.4%) |
| Total Revenue | 951,369 | 816,639 | 16.5% | 547,829 | 223,129 | 1,086,367 | 1,178,295 | (19.3%) |
| Operating Costs: | ||||||||
| Staff | 335,993 | 337,596 | (0.5%) | 332,852 | 328,100 | 288,138 | 285,534 | 17.7% |
| Diesel Fuel | 9,235 | 10,915 | (15.4%) | 7,576 | 6,454 | 7,466 | 8,081 | 14.3% |
| Rolling Stock | 141,358 | 119,864 | 17.9% | 105,624 | 186,573 | 190,208 | 206,865 | (31.7%) |
| Track access | 302,088 | 259,358 | 16.5% | 239,242 | 225,065 | 188,676 | 185,724 | 62.7% |
| Other | 303,504 | 245,528 | 23.6% | 232,629 | 255,005 | 165,719 | 271,959 | 11.6% |
| Total | 1,092,178 | 973,261 | 12.2% | 917,921 | 1,001,197 | 840,206 | 958,163 | 14.0% |
| Operating Profit before grant/premium: | (140,809) | (156,622) | (10.1%) | (370,092) | (778,068) | 246,160 | 220,132 | (164.0%) |
| Net subsidy/premium | 154,658 | 170,871 | (9.5%) | 386,770 | 785,165 | (300,554) | (182,558) | (184.7%) |
| Operating Profit | 13,849 | 14,249 | (2.8%) | 16,678 | 7,097 | (54,393) | 37,574 | (63.1%) |
| Margins | ||||||||
| Operating Margin pre-grant | (14.8%) | (19.2%) | (67.6%) | (348.7%) | 22.7% | 18.7% | ||
| Operating Margin post grant | 1.5% | 1.7% | 3.0% | 3.2% | (5.0%) | 3.2% | ||
| Operating Profit to Operating Cost | 1.3% | 1.5% | 1.8% | 0.7% | (6.5%) | 3.9% |