Revenue (in millions of euros)
Revenue from the Netherlands
Revenue Netherlands (in millions of euros)
Revenue from rail transport
Public transport availability payment
Station development and operation
Temporary Emergency Bridging Measure for Sustained Employment (NOW) scheme
Passenger revenues from the Netherlands are comparable to the figure for 2020, and are €1.1 billion lower than in 2019, before the COVID-19 crisis. At the request of the government, we maintained our regular timetable as much as possible in 2021 despite the fall in passenger numbers. The government partly compensated us for this by offering an ‘availability payment’ (beschikbaarheidsvergoeding) of €925 million. That availability payment has been recognised under revenues in the financial statements and amounts to a 93% compensation of the indexed cost level in 2019 net of revenues achieved. NS has recognised a contribution towards wage costs of €15 million (under the Temporary Emergency Bridging Measure for Sustained Employment (NOW)) in the revenue from stations (2020: €24 million). Adjusted for the NOW scheme, revenue decreased by €21 million compared with 2020, and even by €187 million compared with 2019 if we also take into account the sale of a number of retail formulas. The lower revenue is attributable to the lower income from retail activities and retail rental discounts granted as a direct consequence of the drop in passenger numbers.
Revenues from Abellio UK
Revenue Abellio UK (in millions of euros)
Passenger and other revenue related to rail transport
Subsidies related to rail transport
Revenue from bus transport
In 2021, once again the UK government assumed the turnover and cost risks of train operating companies. The UK government has since decided to move to a franchise system in which the turnover and cost risks largely rest with the UK government and the operator receives a (partly performance-related) management fee. The Greater Anglia and West Midlands franchises were terminated on 19 September 2021 and have since been operated under ‘National Rail Contracts’. The ScotRail franchise will be terminated effective 31 March 2022 and the East Midlands franchise probably in October 2022.
Revenues from Abellio Germany
Abellio Germany's revenues from train-related transport amounted to €378 million for the period up to the deconsolidation on 30 June (full-year 2020: €744 million). In that period, the direct financial impact of COVID-19 on revenues remained limited because the regional rail clients - the public transport authorities - bore the loss-of-income risk.