Have you also seen the year on year growth since privatisation? 65ml journeys made is a fantastic number compared with the past and far exceeds anything achieved by BR! That brings with it huge pressures on rolling stock, much of which has been renewed, and the infrastructure, plus there are costs associated with cross rail and HS2, so given the enormous reduction in the network whilst under state control there has been a fantastic level of growth in the network that remains, wear and tear will take its toll.