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Appendix 4 - Financial assistance

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Transport for London may give financial assistance to any body or person in respect of expenditure incurred or to be incurred by that body or person in doing anything which, in the opinion of TfL, is conducive to the provision of safe, integrated, efficient and economic transport facilities or services to, from or within Greater London.

Financial assistance given under section 159 of the GLA Act 1999 is outlined below:

 
Financial assistance 2002/03
£000
2001/02
£000
Subsidiaries
Transport Trading Limited 13,875 13,647
London Bus Services Limited 400,347 217,413
Docklands Light Railway Limited 35,800 37,869
Victoria Coach Station Limited - -
London River Services Limited 530 981
London Buses Limited - -
Joint venture
Cross London Rail Links Limited 12,619 3,002
London boroughs
Hungerford Bridge - 8,204
Bus priority 20,513 26,807
Safety schemes 19,545 14,056
Cycle network 5,856 4,819
Congestion charging 13,988 3,972
Trafalgar Square 9,714 2,081
Local traffic and pedestrian improvements 5,060 700
Parking control and enforcement 1,690 1,077
Taxicard 3,273 332
Maintenance of borough roads 30,058 14,321
Maintenance of borough bridges including strengthening 13,290 17,288
Other projects 14,473 20,628
  600,631 387,197

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