1. UITP Benchmarking Meeting Berlin 13/14 th March 2006 Dublin Bus Presentation John Ryan Manager Regulatory Affairs

2. Ownership Irish Rail Dublin Bus CIE Department of transport Bus Eireann

3. Dublin Bus Operating Revenue Fare revenue€160m PSO Payment€60m Concessionary Fares€20m Advertising €5m Total€245m

4. Main Revenue Sources PSO Payments Limited Capital investment –Expanded fleet, new infrastructure Concessionary Fares –Social Welfare, free travel for +66’s Fuel rebate – cost control Sale of Air Rights Developer Contributions Advertising Sponsorship Private Hire of buses

5. Alternative Funding Sources Developer Contributions –Front loading bus services Prime Property Values –Sale of Air Rights Premium Rate Mobile Phones Service Sponsorship –Night Services –Tours On & Off Bus Advertising Private Hire of buses

6. Limitations Alternative Funding Streams tend to contribute only minimal amounts Less than 5%

7. Congestion Charging Shown to have positive results elsewhere Benefits not financial Benefits related to ‘calmed’ City centre environment Frees up movement of PT Faster speeds – increased business Net financial and operating gain

8. Private Sector Participation Accepted as beneficial Used in non core areas –Cleaning Use of subcontracted services –Schools

9. PSO Peak hour services Fare controls Route ‘branches’ Maintenance of timetables Schools Difficulty of employing specific ‘taxes’ to contribute to PSO

10. PSO Payments Multi annual agreements Paid monthly ‘Memorandum of Understanding‘ –Quantity and Quality of service levels Legal uncertainty

11. New Light Rail Funding South Dublin Development Levy €5000 per residential unit Funding 50% of extension of system –Double length –11 stations Property price increase Density

12. Funding Streams arising from PT Infrastructure (additional) Use of buildings to host telecommunication masts Use of railway track-beds to install fibre optic or high speed voice and data cables Use of over head lines (OHL’s) to carry voice and data signals Transport Company may avail of a telecommunication upgrade in lieu of revenue stream

13. Tax Relief on Travel Bus and rail ‘Tax Saver’ tickets (Monthly and Annual tickets only) Employees Company must sign up Company saves 10.75 PRSI (social insurance) Employees saves 48% on ticket price –gets a €1000 annual ticket for €520! No direct revenue stream to PT Company –But encourages off bus sales –Encourages longer term ticket sales www.taxsaver.ie