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Eastern Distributor (M1), M4 and M5 Traffic, March 2002 |
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04 April 2002 Macquarie Infrastructure Group (MIG), today announced details of traffic use for the Eastern Distributor (M1), M4 and M5 toll roads in Sydney. MIG currently owns 71.35% of the equity in the Airport Motorway Group, which holds a concession for the Eastern Distributor (M1) ending in 2048. It owns 50.6% of Statewide Roads Limited, which holds a concession for the M4 toll road until 2010. It also owns 50% of Interlink Roads Pty Limited, which holds a concession for the M5 toll road that expires in 2022. It is important to note that, this year, the Easter period (when
traffic on Sydney roads, and particularly the Eastern Distributor,
reduces considerably) occurred in March while, in 2001, it was in
April. Consequently, care needs to be taken in making comparisons
between these periods. Airport Motorway Group - M1
Average daily toll revenue (net of GST) for Airport Motorway in March 2002 was $116,296 - a 29.0% increase relative to March 2001. Average daily tolled traffic on the Eastern Distributor (M1) for March 2002 was 17.6% higher than March 2001 and 1.4% lower than February 2002. Average weekday traffic on the Eastern Distributor (M1) for March 2002 was 22.4% higher than March 2001. Average traffic on weekends and public holidays on the Eastern Distributor (M1) for March 2002 was 17.0% higher than March 2001. Non-cash transactions on the Eastern Distributor (M1) consisted
of 32% of average daily traffic in March 2002 (February 2002: 31%). Interlink Roads - M5
Average daily toll revenue (net of GST) for Interlink Roads in
March 2002 was $261,630 - a 37.0% increase relative to March 2001
(note that car tolls on the M5 increased from $2.70 to $3.30 on
5 March 2001) Average weekday traffic on the M5 for March 2002 was 38.6% higher than March 2001. Average traffic on weekends and public holidays on the M5 for March 2002 was 30.1% higher than March 2001. Non-cash transactions on the M5 in March 2002 consisted of 61%
of average daily traffic (February 2002: 61%). Statewide Roads – M4
Average daily toll revenue (net of GST) for Statewide Roads in March 2002 was $190,808 - a 1.7% increase relative to March 2001. Average daily traffic on the M4 for March 2002 was 2.0% higher than March 2001 and 1.2% higher than February 2002. Average weekday traffic on the M4 for March 2002 was 5.3% higher than March 2001. Average traffic on weekends and public holidays on the M4 for March 2002 was 0.4% lower than March 2001. Non-cash transactions on the M4 in March 2002 consisted of 44%
of average daily traffic (February 2002: 45%).
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