London Tram network subsidy/financial performence
Request ID: FOI-0768-1819
Date published: 10 July 2018
You asked
Using the most recent data available, and ignoring any capital costs, what is the deficit/ surplus of the London tram network revenue less cost of operation
For example, its public knowledge that the subsidy for the london bus network in 2016 was around 600m
Finally, only if it has been calculated, what are the sums attached to any non monetary benefits
We answered
TfL Ref: 0768-1819
Thank you for your email received by us on 22 June 2018 asking for financial information about the London Trams network.
Your request has been considered in accordance with the requirements of the Freedom of Information (FOI) Act and our information access policy. I can confirm we do hold the information you require.
The information you asked for is available on our website using the following links:
Subsidiaries for the trams network in 2017 and 2018 are published on page 153 of our Annual Report and financial statements here: http://content.tfl.gov.uk/tfl-group-accounts-30-5-2018.pdf so I’ll refer the requestor both links.
The average yield per tram journey and average cost per journey can be found on page 48 of TfL’s current budget report via: http://content.tfl.gov.uk/transport-for-london-budget-2018-19.pdf
In accordance with section 21 of the FOI Act, we are not obliged to supply you with a copy of the requested information as it is already accessible to you elsewhere.
If this is not the information you are looking for, or if you are unable to access it for some reason, please do not hesitate to contact me.
Please see the attached information sheet for details of your right to appeal as well as information on copyright and what to do if you would like to re-use any of the information we have disclosed.
Yours sincerely
Jasmine Howard
FOI Case Officer
Information Governance
Transport For London
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