Rail Privatisation (Hansard, 27 February 1997)

§ Mr. Watts

The information is set out in the tables.

£ million
	Year 6	Year 7	Year 8	Year 9	Year 10	Year 11	Year 12	Year 13	Year 14	Year 15
Intercity West Coast	-3.885	-52.705	-55.840	-72.029	-126.625	-151.557	-167.600	-184.528	-202.194	-220.305
North London Lines	19.968	16.919	15.805	²—	²—	²—	²—	²—	²—	²—
Thameslink	-27.015	-28.434	²—	²—	²—	²—	²—	²—	²—	²—
Central Trains¹	136.638	132.645	²—	²—	²—	²—	²—	²—	²—	²—
North West Regional Railways¹	129.745	125.518	²—	²—	²—	²—	²—	²—	²—	²—
Regional Railways North East¹	150.493	145.579	²—	²—	²—	²—	²—	²—	²—	²—
ScotRail¹	209.254	202.494	²—	²—	²—	²—	²—	²—	²—	²—
Total	615.20	542.02	-40.04	-72.03	-126.63	-151.56	-167.60	-184.53	-202.19	-220.31
Savings on BR support	454.13	527.31	187.44	164.56	219.16	244.09	260.13	277.06	294.72	312.84
Cumulative savings	1,643.63	2,170.94	2,358.38	2,522.94	2,742.09	2,986.18	3,246.31	3,523.37	3,818.09	4,130.93

Notes:

¹ The BR support figures for these franchises have been restated on a comparable basis to the franchise agreement and include budgeted payments from the passenger transport executives.

² Not covered by the franchise.

The year 1 franchise payment is the amount to be paid for 1997–98. Any amounts to be paid in 1996–97 have been excluded from this table.

It is expected that these franchises will commence between 2 March and 1 April 1997.

Payments to the franchising director appear as negative amounts.

All payments are real amounts.

Advisor costs are correct to January 1997.

This table makes no assumption about the potential for cost savings if the franchisees had remained in BR ownership.