Wednesday, 3 June 2009

Those Network Rail numbers in full

The Goodish, the bad and the very ugly

The Goodish:
Pre-tax 'profit' year ending 31 March down to £1.52bn, from £1.59bn last year.

The Bad: Net debt up to £22.3bn from £19.7bn.

The Very Ugly: Pension deficit up 80% from £370 million to £664 million.

Thank goodness NR is a private company and this won't hit our taxes.