Wales and the Borders
Operator: TfW Rail (Transport for Wales)
From 7 February 2021, taking over from Keolis/Amey JV
| 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 | 129,281 | 92,418 | 39.9% | 25,424 | 144,057 | 161,251 | (19.8%) |
| Other income | 24,858 | 17,912 | 38.8% | 10,312 | 31,744 | 53,087 | (53.2%) |
| Total Revenue | 154,138 | 110,330 | 39.7% | 35,736 | 175,802 | 214,338 | (28.1%) |
| Operating Costs: | |||||||
| Staff | 184,602 | 161,926 | 14.0% | 154,120 | 138,999 | 127,839 | 44.4% |
| Diesel Fuel | 19,966 | 15,593 | 28.1% | 15,730 | 17,830 | 21,535 | (7.3%) |
| Rolling Stock | 47,435 | 62,387 | (24.0%) | 58,978 | 62,983 | 51,517 | (7.9%) |
| Track access | 59,222 | 58,094 | 1.9% | 54,730 | 60,999 | 67,889 | (12.8%) |
| Other | 105,066 | 93,543 | 12.3% | 102,543 | 77,118 | 81,473 | 29.0% |
| Total | 416,291 | 391,542 | 6.3% | 386,101 | 357,929 | 350,255 | 18.9% |
| Operating Profit before grant/premium: | (262,153) | (281,212) | (6.8%) | (350,365) | (182,127) | (135,917) | 92.9% |
| Net subsidy/premium | 262,170 | 281,219 | (6.8%) | 348,898 | 185,568 | 152,313 | 72.1% |
| Operating Profit | 17 | 7 | 143.3% | (1,466) | 3,441 | 16,396 | (99.9%) |
| Operating Margins | |||||||
| Pre-grant | (170.1%) | (254.9%) | (980.4%) | (103.6%) | (63.4%) | ||
| Post grant | 0.0% | 0.0% | (4.1%) | 2.0% | 7.6% | ||
| Operating Profit to Operating Cost | 0.0% | 0.0% | (0.4%) | 1.0% | 4.7% |