Connecting the country
Annual report and accounts 2019

Our business at a glance

We believe that connecting people builds communities, creates opportunities and helps the nation thrive. We aim to provide all our customers with safe and reliable journeys through the way we operate, maintain and enhance one of the most advanced road networks in the world.

At a glance at a glance

We manage and maintain 4,300 miles of motorways and major A-roads carrying four million vehicle every day.

  • Our roads carry over two-thirds of all freight.
  • Our major schemes deliver over £2 benefit to the UK economy for every £1 invested.
  • Sectors heavily reliant on our roads employ 7.4 million people and contribute £314 billion to the UK economy.

Where we spent our money

Our total expenditure in 2018-19 was £3.8 billion. In 2017-18 this was £3.4 billion.
This breaks down regionally as follows:

  • North West £335 million (compared to £374 million in 2017-18)
  • North East £304 million (compared to £291 million in 2017-18)
  • Midlands £626 million (compared to £559 million in 2017-18)
  • East £591 million (compared to £566 million in 2017-18)
  • South West £158 million (compared to £129 million in 2017-18)
  • South East £627 million (compared to £474 million in 2017-18)
  • Our national budget was £1,109 million (compared to £1,007 million in 2017-18). This includes PFI service payments, national projects and support costs.

Our RIS1 delivery so far in numbers

  • The value of road improvements is £6.3 billion.
  • We’ve made efficiency savings of £848 million.
  • We have 44 road schemes completed or under construction.
  • We’ve completed 100 safety schemes.

Our RIS1 social impact so far in numbers

  • We’ve completed 109 biodiversity schemes, 951 noise schemes, and 101 cycling and walking schemes.
  • We’ve created infrastructure for 38,000 new homes.
  • We manage and maintain 4,300 miles of motorways and major A-roads carrying four million vehicle every day.
  • Our roads carry over two-thirds of all freight.
  • Our major schemes deliver over £2 benefit to the UK economy for every £1 invested.
  • Sectors heavily reliant on our roads employ 7.4 million people and contribute £314 billion to the UK economy.

Where we spent our money

Our total expenditure in 2018-19 was £3.8 billion. In 2017-18 this was £3.4 billion.
This breaks down regionally as follows:

  • North West £335 million (compared to £374 million in 2017-18)
  • North East £304 million (compared to £291 million in 2017-18)
  • Midlands £626 million (compared to £559 million in 2017-18)
  • East £591 million (compared to £566 million in 2017-18)
  • South West £158 million (compared to £129 million in 2017-18)
  • South East £627 million (compared to £474 million in 2017-18)1
  • Our national budget was £1,109 million (compared to £1,007 million in 2017-18). This includes PFI service payments, national projects and support costs.

Our RIS1 delivery so far in numbers

  • The value of road improvements is £6.3 billion.
  • We’ve made efficiency savings of £848 million.
  • We have 44 road schemes completed or under construction.
  • We’ve completed 100 safety schemes.

Our RIS1 social impact so far in numbers

We’ve completed 109 biodiversity schemes, 951 noise schemes, and 101 cycling and walking schemes.
We’ve created infrastructure for 38,000 new homes.
We manage and maintain 4,300 miles of motorways and major A-roads carrying four million vehicle every day.
Our roads carry over two-thirds of all freight.
Our major schemes deliver over £2 benefit to the UK economy for every £1 invested.
Sectors heavily reliant on our roads employ 7.4 million people and contribute £314 billion to the UK economy.

Where we spent our money

Our total expenditure in 2018-19 was £3.8 billion. In 2017-18 this was £3.4 billion.
This breaks down regionally as follows:
North West £335 million (compared to £374 million in 2017-18)
North East £304 million (compared to £291 million in 2017-18)
Midlands £626 million (compared to £559 million in 2017-18)
East £591 million (compared to £566 million in 2017-18)
South West £158 million (compared to £129 million in 2017-18)
South East £627 million (compared to £474 million in 2017-18)
Our national budget was £1,109 million (compared to £1,007 million in 2017-18). This includes PFI service payments, national projects and support costs.

Our RIS1 delivery so far in numbers

The value of road improvements is £6.3 billion.
We’ve made efficiency savings of £848 million.
We have 44 road schemes completed or under construction.
We’ve completed 100 safety schemes.

Our RIS1 social impact so far in numbers

We’ve completed 109 biodiversity schemes, 951 noise schemes, and 101 cycling and walking schemes.
We’ve created infrastructure for 38,000 new homes.
We manage and maintain 4,300 miles of motorways and major A-roads carrying four million vehicle every day.
Our roads carry over two-thirds of all freight.
Our major schemes deliver over £2 benefit to the UK economy for every £1 invested.
Sectors heavily reliant on our roads employ 7.4 million people and contribute £314 billion to the UK economy.

Where we spent our money

Our total expenditure in 2018-19 was £3.8 billion. In 2017-18 this was £3.4 billion.
This breaks down regionally as follows:
North West £335 million (compared to £374 million in 2017-18)
North East £304 million (compared to £291 million in 2017-18)
Midlands £626 million (compared to £559 million in 2017-18)
East £591 million (compared to £566 million in 2017-18)
South West £158 million (compared to £129 million in 2017-18)
South East £627 million (compared to £474 million in 2017-18)
Our national budget was £1,109 million (compared to £1,007 million in 2017-18). This includes PFI service payments, national projects and support costs.

Our RIS1 delivery so far in numbers

  • The value of road improvements is £6.3 billion.
  • We’ve made efficiency savings of £848 million.
  • We have 44 road schemes completed or under construction.
  • We’ve completed 100 safety schemes.

Our RIS1 social impact so far in numbers

  • We’ve completed 109 biodiversity schemes, 951 noise schemes, and 101 cycling and walking schemes.
  • We’ve created infrastructure for 38,000 new homes.

Our financial review

Overview of our financial performance

We have achieved our financial targets for 2018-19.  We met our Delivery Plan commitments and remained within our £3.8 billion funding. As planned, our capital spend continues to increase as we progress through the current road period, and as more projects enter construction phase. We invested £0.4 billion more this year, and capital spending is 37% greater than three years ago.

Our key financial successes in 2018-19 include:

Our strategic performance: KPIs

Overview of our strategic performance

This section provides a snapshot of our performance over the last four years, since the beginning of RIS1.

Our eight strategic key performance indicators (KPIs), measured across 10 RIS1 targets set by the DfT in 2015, provide a framework against which we can monitor our progress. Our results for 2018‑19 show that our performance has increased and we have met the majority of our commitments, with further work needed in some areas.

 

Our responsibility

For the first time, we have introduced a Social Impact section to our Annual Report this year, to introduce some of the work we do across our business to minimise our impact on the environment and local communities, and to ensure that we operate sustainably, improving the quality of life for current and future generations.

We have £675 million in ring-fenced funding to help protect and develop the surroundings of our SRN, to promote positive environmental, social and economic outcomes for everyone. This funding is separated into five distinct Designated Funds: Environment, Cycling, Safety and Integration, Air Quality, Growth and Housing, and Innovation.

You can read more about our work in each of these areas – as well as our Safety, Customer Service, and People initiatives – in the Responsibility section of our report.