West Coast
Operator: Avanti (Trenitalia/FirstGroup JV)
From 8 December 2019, taking over from Virgin/Stagecoach 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 | 1,034,570 | 832,574 | 24.3% | 591,256 | 146,035 | 1,169,176 | 1,265,017 | (18.2%) |
| Other income | 53,298 | 46,487 | 14.7% | 34,206 | 23,029 | 65,158 | 61,860 | (13.8%) |
| Total Revenue | 1,087,868 | 879,061 | 23.8% | 625,462 | 169,063 | 1,234,334 | 1,326,877 | (18.0%) |
| Operating Costs: | ||||||||
| Staff | 212,094 | 162,403 | 30.6% | 198,545 | 203,280 | 216,394 | 215,135 | (1.4%) |
| Diesel Fuel | 10,547 | 10,357 | 1.8% | 8,474 | 10,152 | 0 | 0 | - |
| Rolling Stock | 369,028 | 366,644 | 0.7% | 364,925 | 373,014 | 354,611 | 353,298 | 4.5% |
| Track access | 360,928 | 273,686 | 31.9% | 215,455 | 189,863 | 157,070 | 312,716 | 15.4% |
| Other | 57,606 | 126,123 | (54.3%) | 168,518 | 125,390 | 175,889 | 131,985 | (56.4%) |
| Total | 1,010,203 | 939,213 | 7.6% | 955,917 | 901,700 | 903,965 | 1,013,134 | (0.3%) |
| Operating Profit before grant/premium: | 77,665 | (60,152) | (229.1%) | (330,455) | (732,637) | 330,370 | 313,744 | (75.2%) |
| Net subsidy/premium | (67,228) | 91,326 | (173.6%) | 342,630 | 754,016 | (284,381) | (259,199) | (74.1%) |
| Operating Profit | 10,437 | 31,175 | (66.5%) | 12,175 | 21,379 | 45,988 | 54,545 | (80.9%) |
| Margins | ||||||||
| Operating Margin pre-grant | 7.1% | (6.8%) | (52.8%) | (433.4%) | 26.8% | 23.6% | ||
| Operating Margin post grant | 1.0% | 3.5% | 1.9% | 12.6% | 3.7% | 4.1% | ||
| Operating Profit to Operating Cost | 1.0% | 3.3% | 1.3% | 2.4% | 5.1% | 5.4% |