Nexus have released their unaudited draft of their 2013 accounts, which can be found here: http://www.nexus.org.uk/sites/nexus.org....%20may.pdf . The performance and development section in particular makes interesting reading. Metro journeys drop by 0.5m, yet bus journeys increase by 3.0m.
Performance and Development
The following indicators describe the general performance of public transport in Tyne and Wear during 2012/13.
• The number of passenger journeys across Tyne and Wear reached more than 178 million; representing an
increase of almost 2 million journeys when compared to the previous year 2011/12.
• The main contributor to the patronage increase was Bus, with the number of journeys increasing by almost 3
million in 2012/13 to 139 million.
• Metro patronage declined by around 500,000 in 2012/13 to 37 million journeys. The impact that this loss of
patronage has on Nexus’ financial performance is kept under constant review.
• The cross Tyne ferry carried 432,000 passengers in 2012-13, below the 500,000 journeys seen for the
previous two years. It is thought that the impact of the second Tyne Tunnel has been instrumental in this
decline, added to which 2012 saw higher than average rainfall, impacting negatively on the number of
journeys made.
• Rail passengers in Tyne and Wear made more than 1.4 million journeys on local services .
• Metro reliability (operated mileage) has remained above 98.2% during 2012/13.
• Metro Charter punctuality was 86.0% during 2012/13, a decline on the 88.4% in the previous year.
Nexus invested £48.4m in its capital asset base during the year, most of which was directed at Metro, in line with its
11 year, £390m Asset Renewal Plan.