Network Rail: Assets
(asked on 6th November 2017) - View Source
Question to the Department for Transport:
To ask the Secretary of State for Transport, what estimate he has made of the financial return to the public purse from the sale of Network Rail land and assets in each year since 2010.
This question was answered on 14th November 2017
Network Rail’s annual profit on sale of properties since 2010 is as follows:
Financial Year | 2009/10 | 2010/11 | 2011/12 | 2012/13 | 2013/14 | 2014/15 | 2015/16 | 2016/17 |
Profit* | £0.31m | £12m | £27m | £36m | £37m | £32m | £69m | £64m |
* All values are net sales income after deducting selling costs and any acquisition costs in line with Network Rail’s accounting policies.