FOI request detail

Losses and Special Payments

Request ID: FOI-2411-2122
Date published: 25 February 2022

You asked

This is an information request relating to losses and special payments Please include the information for each of the following periods; 2018-19, 2019-20 and 2020-21: • The total number of cases of losses in each year. • The total cost of losses in each year. • An itemisation of each loss including what it was for and how much it cost. • The total number of special payments in each year. • The total value of special payments in each year. • An itemisation of each special payment including what it was for and how much it cost.

We answered

Our Ref:         FOI-2411-2122

Thank you for your request received on 24 January 2022 asking for information about losses and special payments.

Your request has been considered in accordance with the requirements of the Freedom of Information Act and our information access policy. I can confirm we do hold the information you require. You asked:

Please include the information for each of the following periods; 2018-19, 2019-20 and 2020-21:
•           The total number of cases of losses in each year
•           The total cost of losses in each year
•           An itemisation of each loss including what it was for and how much it cost
•           The total number of special payments in each year
•           The total value of special payments in each year
•           An itemisation of each special payment including what it was for and how much it cost

Please find the requested information regarding losses in the table below, further detail can be found in the attached spreadsheet:

            2020/21           2019/20           2018/19
            £m       £m       £m
Bad Debts Written Off          57.0                 40.9                 22.7
Inventory write offs     2.8       6.5       6.8
Write off of Assets under construction           56.2     0          45.9
Write off of Plant and equipment        1.5       0          0

Information on special payments, which we have clarified to mean severance payments, is published in the Annual accounts section of the Annual Reports which are available on our website for the requested years:

https://tfl.gov.uk/corporate/publications-and-reports/annual-report

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 feel free to contact me.

Please see the attached information sheet for details of your right to appeal.

Yours sincerely

Gemma Jacob
Senior FOI Case Officer
FOI Case Management Team
General Counsel
Transport for London

[email protected]

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