Jump to ContentJump to Main Navigation
British Rail 1974–1997From Integration to Privatisation$

Terry Gourvish

Print publication date: 2002

Print ISBN-13: 9780199250059

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199250059.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2017. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see http://www.oxfordscholarship.com/page/privacy-policy). Subscriber: null; date: 25 February 2017

(p.455) Appendix A Financial results

(p.455) Appendix A Financial results

Source:
British Rail 1974–1997
Publisher:
Oxford University Press

Table A.1 PSO payments, 1975–93/4

(£m., in current and constant prices)

Year

Central government

Local government (PTEs, etc.)

Central and local government

PSO share of total passenger income (%)

Current prices

1975

303.7

20.4

324.1

1976

294.1

25.0

319.1

1977

330.5

33.0

363.5

1978

394.4

39.7

434.1

1979

475.9

46.6

522.5

1980

577.1

56.5

633.6

1981

748.9

61.3

810.2

1982

817.3

69.9

887.2

1983

855.6

77.8

933.4

1984/576

1,069.5

103.2

1,172.7

1984/5

942.1

1985/6

819.1

76.8

895.9

1986/7

713.9

72.5

786.4

1987/8

726.2

77.6

803.8

1988/9

530.6

75.9

606.5

1989/90

495.5

91.3

586.8

1990/1

599.2

100.7

699.9

1991/2

892.0

115.8

1,007.8

1992/3

1,154.8

103.1

1,257.9

1993/4

930.0

105.4

1,035.4

Constant 1979 prices

1975

509.6

34.2

543.8

43

1976

427.6

36.3

464.0

39

1977

422.7

42.2

464.9

38

1978

451.2

45.4

496.6

38

1979

475.9

46.6

522.5

40

Constant 1989/90 prices

1979

1,019.4

99.8

1,119.2

40

1980

1,034.7

101.3

1,136.0

40

1981

1,208.0

98.9

1,306.9

44

1982

1,226.0

104.8

1,330.8

49

1983

1,218.4

110.8

1,329.2

45

1984/5a

1,411.7

136.2

1,547.9

43

1984/5

1,243.6

44

1985/6

1,034.5

97.0

1,131.5

40

1986/7

863.1

87.7

950.8

36

1987/8

836.6

89.4

926.0

33

1988/9

566.7

81.1

647.7

25

1989/90

495.5

91.3

586.8

24

Constant 1993/4 prices

1989/90

600.1

110.6

710.6

24

1990/1

683.1

114.8

797.9

26

1991/2

956.2

124.1

1,080.4

32

1992/3

1,187.7

106.0

1,293.1

37

1993/4

930.0

105.4

1,035.4

32

76 15 months.

(p.456) (p.457)

Table A.2 Group operating surplus/loss and profit and loss,

1971–93/4 (£m., in current and constant prices)

Year

Group operating surplus/loss before interest, &c.

Group profit and loss after interest, tax, and exceptional items

Before extraordinary items

After extraordinary items

Current prices

1971

30.2

-15.4

-15.4

1972

24.9

-26.2

-26.2

1973

5.7

-51.6

-51.6

1974

-85.9

-157.8

-157.8

1975

-28.3

-60.8

5.5

1976

13.7

-29.9

5.3

1977

68.4

29.7

27.0

1978

54.0

6.5

52.2

1979

54.4

1.4

12.5

1980

-18.7

-76.9

-59.8

1981

26.6

-39.7

-14.5

1982

-97.5

-175.0

-136.8

1983

80.2

11.3

67.4

1984/577

-261.8

-311.2

-317.8

1984/5

-231.6

-288.1

-301.3

1985/6

56.6

-11.5

65.3

1986/7

69.9

2.4

-82.6

1987/8

108.5

47.3

290.9

1988/9

107.0

18.2

304.3

1989/90

-26.4

-46.4

269.8

Constant 1979 prices

1971

85.9

-43.8

-43.8

1972

65.4

-68.9

-68.9

1973

13.9

-126.0

-126.0

1974

-182.8

-335.8

-335.8

1975

-47.5

-102.0

9.2

1976

19.9

-43.5

7.7

1977

87.5

38.0

34.5

1978

61.8

7.4

59.7

1979

54.4

1.4

12.5

Constant 1989/90 prices

1979

116.5

3.0

26.8

1980

-33.5

-137.9

-107.2

1981

42.9

-64.0

-23.4

1982

-146.2

-262.5

-205.2

1983

114.2

16.1

96.0

1984/5a

-345.6

-410.8

-410.5

1984/5

-305.7

-380.3

-397.7

1985/6

71.5

-14.5

82.5

1986/7

84.5

2.9

-99.9

1987/8

125.0

54.5

335.1

1988/9

114.3

19.4

325.0

1989/90

-26.4

-46.4

269.8

77 15 months.

Pre‐Financial Reporting Standard No. 3 reporting

Year

Operating profit/ loss before other income, interest, tax, &c.

Operating profit/ loss after other income

Exceptional items

Group profit/loss after exceptional items, interest, tax, &c.

Current prices

1988/9

107.0

113.6

221.6

304.3

1989/90

-26.4

-22.6

316.2

269.8

1990/1

-42.4

-38.7

82.2

-10.9

1991/2

-101.4

-94.8

31.4

-144.7

1991/278

18.7

25.3

31.4

-24.6

1992/3b

13.4

18.4

-86.3

-163.9

Constant 1993/4 prices

1988/9

138.5

147.0

286.8

393.8

1989/90

-32.0

-27.4

382.9

326.7

1990/1

-48.3

-44.1

93.7

-12.4

1991/2

-108.7

-101.6

33.7

-155.1

1991/2b

20.0

27.1

33.7

-26.4

1992/3b

13.8

18.9

-88.7

-168.5

78 Restated in line with 1992/3 accounting changes (revenue investment capitalised, &c.).

(p.458)

Post‐Financial Reporting Standard No. 3 reporting

Year

Operating profit/loss before exceptional items

Exceptional items

Operating profit/loss after exceptional Items

Profit/loss on disposal of fixed assets

Group profit/loss before interest, tax, &c.

Group profit/loss after interest, tax, &c.

Current prices

1989/90

-21.6

69.8

48.2

24.4

1990/1

-46.4

5.8

-40.6

-95.0

1991/2

-97.7

-2.1

-99.8

-181.1

1991/2b

22.4

-2.1

20.3

-61.0

1992/3b

18.4

-112.7

-94.3

6.9

-87.4

-183.4

1993/4b

157.8

-134.8

23.0

37.8

12.5

-108.4

Constant 1993/4 prices

1989/90

-26.2

84.5

58.4

29.5

1990/1

-52.9

6.6

-46.3

-108.3

1991/2

-104.7

-2.3

-107.0

-194.1

1991/2b

24.0

-2.3

21.8

-65.4

1992/3b

18.9

-115.8

-96.9

7.1

-89.8

-188.5

1993/4b

157.8

-134.8

23.0

37.8

12.5

-108.4c

(p.459)