annual report

407ETR in Toronto the world's first all-electronic tollroad reports revenues of C$560m in calender 2009 a 2.5% increase on 2008's $546.5m. At C$1=US$0.931 2009 revenue is US$521.4m. (All further $#s are C$s)

Traffic dropped 2.6% to 303.5k/day from 2008's 311.7k/day, average workday trips from 377.9k to 367.3k. But average trip distance was up slightly and vehicle-kms traveled were 2,214.8m down 1.7% on the 2,252.7m of 2008.

Australia's leading toll concessionaire Transurban reports toll revenues up a solid 7.6% to A$779m in the financial year ended 30 June, and a stronger increase of 17.8% to A$480m in net earnings before interest taxes depreciation and amortization (EBITDA). Adjusting for one-off items EBITDA of A$583m was an 11.5% increase on the previous financial year. Cost reductions of A$27m were reported achieved.

407ETR in Toronto reported revenue - almost entirely toll revenue - of $519m for 2007, an increase of 13% on 2006. (based on C$=US$) That puts it up in the same league as the New York State Thruway, the Pennsylvania Turnpike, Illinois Tristate Tollway, the Sam Houston Tollway and the New Jersey Turnpike as one of the top grossing tollroads in North America.

407ETR is in its eleventh year but achieving healthy growth in traffic along with steady toll increases.