Quote Originally Posted by islaydarkblue View Post
I enclose the Calmac Ferries Limited annual accounts for the year ending 31st March 2021. https://www.calmac.co.uk/media/7855/...=1654095781973
I suggest that you scroll down to Page 12 of the accounts section where you will read a breakdown of their total income which was
£198,959,000.
This consisted of
Fares and other income £41,758,000
Scottish Government grant. £156,617,000
Management Fees. £484,000
Therefore the income from fares and other income which will probably be sales of meals from the restaurants on the ferries plus purchases in the Mariners Coffee Cabins plus alcoholic drinks from bars on ferries where applicable equates to 20.99%
It is a pity that the enclosed annual accounts did not list the income solely from Fares which would have made it a lot easier to calculate the % of income from fares compared to the total costs of operating the Calmac ferries during their financial year.
£41,758,000 is a minute amount compared to the £41 billion (£41,000,000,000) that the Scottish Government has received from the Westminster Government under the rules of the Barnett Formula in their current financial year.
Thanks Islay. I will try to find out how the Northlink ferries compare.