Understanding the Rolling Stock Costs of UK Tocs V4 0 FINAL.Docx

Understanding the Office of Rail Regulation Rolling Stock Costs of TOCs in the UK Report Our ref: 22667501 January 2015 Understanding the Office of Rail Regulation Rolling Stock Costs of TOCs in the UK Report Our ref: 22667501 January 2015 Prepared by: Prepared for: Steer Davies Gleave Office of Rail Regulation 28-32 Upper Ground One Kemble Street London SE1 9PD London WC2B 4AN +44 20 7910 5000 www.steerdaviesgleave.com Steer Davies Gleave has prepared this work for Office of Rail Regulation. This work may only be used within the context and scope of work for which Steer Davies Gleave was commissioned and may not be relied upon in part or whole by any third party or be used for any other purpose. Any person choosing to use any part of this work without the express and written permission of Steer Davies Gleave shall be deemed to confirm their agreement to indemnify Steer Davies Gleave for all loss or damage resulting therefrom. Steer Davies Gleave has prepared this work using professional practices and procedures using information available to it at the time and as such any new information could alter the validity of the results and conclusions made. Contents Executive Summary ....................................................................................................................... i � 1 � Introduction ....................................................................................................................... 1 � Scope ............................................................................................................................................ 1 Approach ...................................................................................................................................... 1 Rolling Stock Database ................................................................................................................. 2 GB Rail Financials .......................................................................................................................... 3 Aim and Structure of this Report .................................................................................................. 4 2 � Rail Franchising in the UK ................................................................................................... 5 � Overview ....................................................................................................................................... 5 Government Rail Policy................................................................................................................. 6 Train Operating Companies .......................................................................................................... 7 3 � Rolling Stock Costs .............................................................................................................. 9 � Introduction .................................................................................................................................. 9 Leases.......................................................................................................................................... 10 Maintenance ............................................................................................................................... 11 Staff ............................................................................................................................................. 11 Energy ......................................................................................................................................... 12 Track Access ................................................................................................................................ 12 4 � Cost Drivers ...................................................................................................................... 14 � Service Type ................................................................................................................................ 14 Average Speed ............................................................................................................................ 15 Vehicle Kilometres ...................................................................................................................... 16 Passenger Kilometres ................................................................................................................. 16 Stations Operated ....................................................................................................................... 17 Train & Vehicle Utilisation .......................................................................................................... 17 Reliability .................................................................................................................................... 21 Diversity of fleet ......................................................................................................................... 23 Traction Type .............................................................................................................................. 23 Traction Distribution ................................................................................................................... 25 Age of Fleet ................................................................................................................................. 28 January 2015 5 � Controllability of Costs ..................................................................................................... 31 � Leases.......................................................................................................................................... 31 Maintenance ............................................................................................................................... 32 Staff ............................................................................................................................................. 35 Track Access ................................................................................................................................ 36 Energy ......................................................................................................................................... 36 Selected TOC-TOC Comparisons of Costs and Approach............................................................ 38 6 � Anticipated Impact on TOC Costs ...................................................................................... 44 � Structure of the Controllability Tables ....................................................................................... 44 How to read the Controllability Tables ....................................................................................... 44 Controllability Tables for each TOC ............................................................................................ 45 7 � Observations .................................................................................................................... 65 � Figures Figure 1 Rolling Stock Costs as a Percentage of Total Cost .......................................................... 9 Figure 2 Train Maintenance Arrangements ................................................................................ 11 Figure 3: Average Speed by TOC ................................................................................................. 15 Figure 4 Vehicle Kilometres by Operator .................................................................................... 16 Figure 5 Passenger Kilometres by Operator ............................................................................... 16 Figure 6 Train Utilisation by Operator ........................................................................................ 18 Figure 7 Vehicle Utilisation by Operator .................................................................................... 19 Figure 8 Rolling Stock Costs per Passenger Kilometer ................................................................ 20 Figure 9. Empty Coaching Stock Movements by Operator ......................................................... 21 Figure 10 MTIN Versus Rolling Stock Build Year ......................................................................... 22 Figure 11 UK Fleet Composition by Traction Type ..................................................................... 23 Figure 12 UK Fleet Split by Rolling Stock Type ............................................................................ 26 Figure 13 Average VTAC per Vehicle Mile by Stock Type ........................................................... 26 Figure 14 VUC Costs by Fleet Type ............................................................................................. 27 Figure 15 UK High-Level Fleet Split by Age ................................................................................. 28 Figure 16 Current UK Rolling Stock by Build Year and Type ....................................................... 28 Figure 17 Rolling Stock Age Profile Across Operators ................................................................ 29 January 2015 Figure 18 Weight per Metre of Rolling Stock by Build Year ....................................................... 30 Figure 19 MTIN and Average Fleet Build Year by Operator ....................................................... 33 Figure 20 Average

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