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<p>As was stated when the franchise was awarded to Govia Thameslink Railway, the Thameslink
Southern and Great Northern franchise is let as a management contract, where ticket
revenues are passed directly to the Government rather than retained by Govia. This
means that this franchise does not have premium/ subsidy payments.</p><p> </p><p>In
respect of part (a) Prior year figures are published by the ORR: <a href="http://orr.gov.uk/statistics/published-stats/gb-rail-industry-financial-information"
target="_blank">http://orr.gov.uk/statistics/published-stats/gb-rail-industry-financial-information</a></p><p>
</p><p>In relation to part (b), in February 2015 a Franchise Payment Profile was deposited
in the Library of the house; this contained the following information with regard
to Govia Thameslink Railway:</p><p> </p><p><strong>Franchises - current as at 25 Feb
2015 </strong></p><p><strong>Franchise Payment profile to 2023 (in NOMINAL £) </strong></p><p>
</p><p>Caveats</p><p>All figures are based on current franchise agreements including
the current estimates for Control Period 5 and fares policy adjustments. The figures
do not include revenue support, revenue share, profit share, or adjustments for GDP.</p><p>All
figures are subject to change in the future as a result of negotiated contractual
changes and changes to inflation indices above or below that assumed.</p><p> </p><table><tbody><tr><td><p><strong>2015/16
</strong></p></td><td><p><strong>2016/17 </strong></p></td><td><p><strong>2017/18
</strong></p></td><td><p><strong>2018/19 </strong></p></td><td><p><strong>2019/20
</strong></p></td><td><p><strong>2020/21 </strong></p></td><td><p><strong>2021/22
</strong></p></td></tr><tr><td><p>275,405,206</p></td><td><p>403,760,328</p></td><td><p>424,690,456</p></td><td><p>404,131,348</p></td><td><p>497,212,369</p></td><td><p>587,111,514</p></td><td><p>303,608,193</p></td></tr></tbody></table><p>
</p><p>These figures represent the net balance between payments made under the Management
Contract and revenue received, and indicate a payment from the Train Operating Company
to the department.</p><p> </p><p>The moneys paid to the Department by the Train Operator
contribute to the overall budget for the provision of passenger rail services.</p><p>
</p><p>This Government is committed to continuing to invest in passenger rail and,
for example, we are investing more than £1.6billion of taxpayers’ money in new, longer,
and more spacious Thameslink trains. We have also recently announced a targeted £20m
fund, to be spent by Network Rail under project board authority, to help get Southern
rail services back running as they should.</p>
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