Efficiency/investment, or cost per passenger kilometer

[markkarj]

Does anyone know if BC Ferries has calculations on how well a capital investment has paid off, or the efficiency of their ships?

For example, after the cost of building the ship, operating costs, refits, etc, were boats like the Spirits a better investment than perhaps building Coastals back in the early 1990s?

I'm not a finance guy (although I know we have some CPAs on this board). I'm rather interested in how they can justify certain newbuilds or projects, or even how those justifications have changed over the lifetime of the corporation.

[Dane]

They do. It comes out every once in a while as part of broader reports. About ten years ago efficiency was a really big push so numbers were often in Commission reports and Annual reports. Haven't seen as much of that lately. BCFS should report back on the success of BS Con this year, though.

[Kahn_C]

The 2012 consultation reports I think had a whack of efficiency stuff in them... I didn't save any copies tho and most of the old online links seem dead.