Supplementary memorandum submitted by
Stagecoah UK Bus
In reply to your letter of 29 June, the information
requested is:
Return on capital for Stagecoach
UK Bus year to 30 April 2005 is 18%, calculated as operating profit
(before interest and tax) over capital invested (tangible assets
and stocks).
Operating profit for Stagecoach UK
Bus year to 30 April 2005 is:
Tyne & Wear | 13.2%
| (£14,000 per bus) |
Manchester | 12.4% | (£12,400 per bus)
|
London | 8.4% | (£13,900 per bus)
|
| | |
Note that recent new acquisitions in Merseyside and South
Yorkshire are currently loss- making. Year to 30 April 2006 Stagecoach
UK Bus profit margin down from 12.2% to 11.4%.
Stagecoach UK Bus fleet at May 2006:
| DDA | Age
| CCTV |
| % | Years
| % |
Scotland | 34% | 9.1
| 30% |
North East | 41% | 9.6
| 33% |
North West | 46% | 7.8
| 24% |
South East | 45% | 7.6
| 17% |
South West | 56% | 7.3
| 19% |
Wales | 45% | 7.8
| 9% |
London | 98% | 4.1
| 100% |
UK Total | 52%
| 7.7 | 36% |
| | |
|
NOTES:
(a) Stagecoach acquired large numbers of pre-DDA new
buses in 1995/6/7 (2,286 in total) when the UK manufacturing industry
was desperate for orders.
(b) Average fleet age Scotland and North East is depressed
by recent acquisition of Yorkshire Traction Group.
(c) All new buses are now fitted as standard with CCTV
cameras (£1.5 million pa cost)
Passenger complaints for Stagecoach UK Bus year
to April 2006 were 31,850 or one in every 25,000 passengers. Approximately
50% of these relate to driver performance.
13 July 2006
|