£4m loss

If you look closely it is not really a loss and pretty much break even

The liabilities to be paid out within 1 year had reduced to bizarrely a similar figure

The operating costs for CLS depot will be a saving aswell as the sale of the site although yeah it is a one off offsett cash injection

£4M loss would of been capital expenditure to install Electric charging at Riverside as well as purchase of new buses etc... And diesel has been around £1.70-£1.80 a litre however wholesale is going down and average cheapest is around £1.41.9 £1.46.9 or just over 150p a litre at present that £4m will be saved just in fuel alone

Those figures in the balance sheet seem fair and nothing to be worried about