West Coast
Operator: Avanti (Trenitalia/FirstGroup JV)
From 8 December 2019, taking over from Virgin/Stagecoach 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 | 832,574 | 591,256 | 40.8% | 146,035 | 1,169,176 | 1,265,017 | (34.2%) |
| Other income | 46,487 | 34,206 | 35.9% | 23,029 | 65,158 | 61,860 | (24.9%) |
| Total Revenue | 879,061 | 625,462 | 40.5% | 169,063 | 1,234,334 | 1,326,877 | (33.7%) |
| Operating Costs: | |||||||
| Staff | 162,403 | 198,545 | (18.2%) | 203,280 | 216,394 | 215,135 | (24.5%) |
| Diesel Fuel | 10,357 | 8,474 | 22.2% | 10,152 | 0 | 0 | - |
| Rolling Stock | 366,644 | 364,925 | 0.5% | 373,014 | 354,611 | 353,298 | 3.8% |
| Track access | 273,686 | 215,455 | 27.0% | 189,863 | 157,070 | 312,716 | (12.5%) |
| Other | 126,123 | 168,518 | (25.2%) | 125,390 | 175,889 | 131,985 | (4.4%) |
| Total | 939,213 | 955,917 | (1.7%) | 901,700 | 903,965 | 1,013,134 | (7.3%) |
| Operating Profit before grant/premium: | (60,152) | (330,455) | (81.8%) | (732,637) | 330,370 | 313,744 | (119.2%) |
| Net subsidy/premium | 91,326 | 342,630 | (73.3%) | 754,016 | (284,381) | (259,199) | (135.2%) |
| Operating Profit | 31,175 | 12,175 | 156.1% | 21,379 | 45,988 | 54,545 | (42.8%) |
| Operating Margins | |||||||
| Pre-grant | (6.8%) | (52.8%) | (433.4%) | 26.8% | 23.6% | ||
| Post grant | 3.5% | 1.9% | 12.6% | 3.7% | 4.1% | ||
| Operating Profit to Operating Cost | 3.3% | 1.3% | 2.4% | 5.1% | 5.4% |