Profit of Bus Vannin

Summary

The requester asked for annual profit figures for Bus Vannin since 2009, but the Department of Infrastructure responded that the service does not generate profit and receives subventions for socially desirable services.

Key Facts

• Bus Vannin does not make a profit.
• Bus Vannin accounts are included in the consolidated trading accounts published by the Treasury.
• The service receives annual subventions to support socially desirable services.
• Subventions cover support for bus journeys and specific passenger groups including school children, the elderly, and those with disabilities.
• The request was received on 2020-02-11 and closed on 2020-03-03.

Data Disclosed

• 2009
• 2020-02-11
• 2020-03-03
• 1175549
• 31 Mar 2019
• 01624 686785

Original Request

Could you please provide the profit after all deductions, did Bus Vannin as a service make each year since 2009,

Data Tables (1)

Full Response Text

Department of Infrastructure Sea Terminal Building, Douglas, Isle of Man, IM1 2RF

Contact: FOI Response Team/IJL/MF Telephone: (01624) 686785 Email: dpo-doi@gov.im

Our ref: 1175549 3 March 2020

Dear ###

We write further to your request which was received on 11 February 2020 and which states (sic):

"Could you please provide the profit after all deductions, did Bus Vannin as a service make each year since 2009,"

Our response is that Bus Vannin does not ‘make a profit’. The accounts appear as part of the consolidated trading accounts published by Treasury online.
https://www.gov.im/media/1366577/detailed-government-accounts-year-ended-31- mar-2019.pdf Every year Bus Vannin receives a subvention for providing socially desirable services; these take the form of both support for the provision of bus journeys and the support for groups of passengers such as school children, the elderly and those with disabilities.

Please quote the reference number 1175549 in any future communications.

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1. Whether we have responded to your request for information in accordance with Part 2 of the Freedom of Information Act 2015; or
2. Whether we are justified in refusing to give you the information requested.
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Yours sincerely

FOI Response Team