j237504-31.htm

17. Other Financial Commitments - Rail

Transport Scotland is committed to pay an income stream to Network Rail in accordance with the Deed of Grant and to First Scotrail under the Franchise Agreement.

Network Rail - The current control period for Network Rail runs from April 2009 to March 2014.

First Scotrail - During 2008-09 Scottish Ministers extended the First Scotrail Franchise by 3 years to 2014.

The total amount charged to the Transport Scotland Statement of Comprehensive Net Expenditure in respect of these schemes is:

	2011-12	2010-11
	£'000	£'000
Network Rail	401,886	383,688
First Scotrail	305,329	290,201
Total	707,215	673,889

 

The amounts due under these contracts in the following year, analysed between those periods where the commitment expires are:

	Network Rail	First Scotrail	Total
	£'000	£'000	£'000
Expiry within 0-12 months	291,000	464,800	755,800
Expiry within 1 to 2 years	283,500	541,700	825,200
Expiry within 2 to 5 years	0	0	0
Total	574,500	1,006,500	1,581,000