(18 Aug 2023, 4:58 pm)busmanT wrote 15 year old buses will be fully depreciated and thus won’t have cost GNE anything.
Not sure about that mind, those buses have a value and I can't see GoAhead London just giving them away. They might not have a value on the accounts but that doesn't mean that some budgets haven't been passed around to fund the replacements in London, from GoNorthEast's budget, since they're gaining something.
Something with no value sold for £2k is £2k profit for GoAhead London which balances out the new bus depreciation partially.