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Old 27th June 2012, 18:33   #16
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5.14 Calculation Examples

Due to rounding errors, some of the results in the examples below might differ slightly with the actual calculations performed at a station.

Some software automatically calculates the price of a season ticket without the need for manual calculation.

All fares are correct as of 31st December 2012.
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Old 27th June 2012, 18:33   #17
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5.14.1 Pricing Season Tickets

Example 1

A passenger wishes to purchase a weekly season ticket for SOUTHPORT [NLC 2262] - PRESTON LANCS [NLC 2753] Route Any Permitted starting on 21/03/12. The price is the base rate of £64.90.

Example 2

A passenger requests a monthly season ticket for MANCHESTER STNS [NLC 0438] - WATFORD JUNCTION [NLC 1402] Route Not Via London with a start date of 12/04/12. No weekly season exists, indicating that it is a market-based price. The base rate for this flow is £268.60. The monthly season is therefore £268.60 x 3.84 = £1031.42, rounded up to £1031.50.

Example 3

A passenger asks for an odd-period season ticket valid from 01/01/12 to 08/07/12 for DERBY [NLC 1823] - LONDON TERMINALS [NLC 1072] Route Any Permitted. The price of the weekly season, £263.50, should not be used as this is a market-based price. The base rate is actually £204.50.

This odd-period season lasts 6 months 8 days. The overall price is obtained by aggregating the following components:

Price of season ticket for 6 months: £204.50 x 3.84 x 6 = £4711.68
Price of odd-period for 8 days: £204.50 x 1.03 = £210.64 (See Section 5.4.5 for a table of factors to be used.)

Overall price: £4711.68 + £210.64 = £4922.32, rounded up to £4922.40.

Example 4

A passenger requires a RUGBY [NLC 1087] - NORTHAMPTON [NLC 1069] Route Any Permitted season ticket for a period of 10 months 22 days starting on 24/04/12. The price of the weekly season is the base rate for this flow, at £34.20. The overall price of the season ticket is calculated as follows:

Price of season ticket for 10 months: £34.20 x 3.84 x 10 = £1313.28
Price of odd-period for 22 days: £34.20 x 2.82 = £96.44 (See Section 5.4.4 for a table of factors to be used.)

Overall price: £1313.28 + £96.44 = £1409.72, rounded up to £1409.80

Price of annual season: £34.20 x 40 = £1368.00

The price of the odd-period season is higher than the annual season ticket. The passenger is therefore issued with an annual season ticket. This ticket will be on Gold Card stock if bought from a station within the Network Railcard area.
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Old 27th June 2012, 18:33   #18
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5.14.2 Pricing Travelcard Seasons

Example 1

A passenger asks for a two-monthly BRIGHTON [NLC 5268] - LONDON ZONES 4-6 [NLC 0057] Route Any Permitted Travelcard season valid from 22/02/12. The weekly price / base rate is £82.80. The two-monthly Travelcard season therefore costs £82.80 x 3.84 x 2 = £635.91, rounded up to £636.00.

Example 2

A passenger wishes to purchase a Zones 3-5 Travelcard season starting from 29/02/12 and finishing on 12/06/12. A weekly Zones 3-5 Travelcard costs £24.20, which is also the base rate. The season ticket lasts 3 months 15 days. The overall price of the season ticket is:

Price of Travelcard season for 3 months: £24.20 x 3.84 x 3 = £278.78
Price of odd-period for 15 days: £24.20 x 1.92 = £46.46 (See Section 5.4.5 for a table of factors to be used.)

Overall price: £278.78 + £46.46 = £325.24, rounded up to £325.30.

Example 3

A passenger wants a quote for a 6-monthly season between NOTTINGHAM [NLC 1826] and LONDON ZONES 1-6 [NLC 0035] Route Any Permitted valid from 01/05/12. The weekly price of this Travelcard is £278.60, however this should not be used as it is more expensive than the base rate, which is £225.80. The price of the Travelcard season is therefore £225.80 x 3.84 x 6 = £5202.43, rounded up to £5202.50.
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Old 27th June 2012, 18:33   #19
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5.14.3 Pricing Customised Travelcard Seasons

The price of a customised Travelcard season is calculated using this formula:

Code:
price of customised Travelcard season =
     price of outboundary Travelcard season from the origin to LONDON ZONES 1-6
   + price of outboundary Travelcard season from the destination to LONDON ZONES 1-6
   - price of (inboundary) Zones 1-6 Travelcard season
Example

A passenger residing in Milton Keynes and works at Gatwick Airport requests a customised annual Travelcard between MILTON KEYNES C [NLC 1378] and GATWICK AIRPORT [NLC 5416], including unlimited travel within Zones 1-6 starting on 03/05/12 and allowing him to catch services by any Train Company. The price of the customised Travelcard is calculated as follows:

MILTON KEYNES C - LONDON ZONES 1-6 Route Any Permitted annual Travelcard: £5280.00
GATWICK AIRPORT - LONDON ZONES 1-6 Route Any Permitted annual Travelcard: £3776.00
(Inboundary) Zones 1-6 annual Travelcard: £2136.00

Price of customised annual Travelcard: £5288.00 + £3776.00 - £2136.00 = £6928.00

Because a customised Travelcard season ticket must be routed London Zones 1-6 [Route Code 00923] or LONDON ZN1-6 +HS [Route Code 00922] as appropriate, it is unclear the implications of this requirement on a ticket which is composed of outboundary Travelcard seasons that already have a routing other than Any Permitted. For example, there would not be sufficient room on the ticket itself if in the above case, the GATWICK AIRPORT - LONDON ZONES 1-6 Route FCC Only price were used.

It is important to remember that if the price for the customised Travelcard season already exists in the database, the listed price must be used instead of performing the aforementioned calculation. The availability of prices can be checked using Southern Railway's Season Ticket Calculator.
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Old 27th June 2012, 18:33   #20
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5.14.4 Calculation of Refund Value for Season Tickets

A season ticket that has been submitted for a refund will have the value of the ticket(s) that the passenger would have had to purchase for the appropriate period of travel deducted. The refund value is then subject to an administration charge if applicable.

If the appropriate period of travel is one month or longer, the value of the ticket that the passenger would have had to purchase is calculated using the formulae provided in Sections 5.4.4, 5.4.5 and 5.4.6.

If the appropriate period of travel is less than one month, the value of the ticket(s) that the passenger would have had to purchase is calculated using a combination of weekly seasons or Travelcard seasons (if available) and daily returns which together cover the whole period. When calculating the fare due for the odd days not covered by weekly seasons or Travelcard seasons using daily returns, Sundays are ignored unless you explicitly state that you used the ticket on any particular Sunday. The applicable daily fare is the most appropriate return fare without any time restriction, which is usually the Anytime (Day) Return, however sometimes the Off-Peak Return is used if there is no time restriction. For Saturdays, this is usually the (Super) Off-Peak (Day) Return.

Example 1

A passenger submits a SOUTHAMPTON CENTRAL [NLC 5932] - FAREHAM [NLC 5900] Route Southern Only annual season (£1076) starting on 03/10/12 for refund on 03/02/13. The ticket he would have had to purchase for this period would have been a SOUTHAMPTON CENTRAL [NLC 5932] - FAREHAM [NLC 5900] Route Southern Only odd-period season valid for 4 months 1 day (£416.70). This amount is therefore deducted, giving a refund value of £1076 - £416.70 = £659.30, which is then subject to a £10 administration charge if appropriate.

Example 2

A passenger surrenders a two-monthly Zones 2-4 Travelcard season (£185.90) valid from 11/11/12 on 24/11/12 for refund. The tickets he would have had to purchase for this period would have been two weekly Travelcard seasons (14 days). These cost £24.20 each. The refund value is therefore £93 - £24.20 - £24.20 = £44.60.

Example 3

A passenger has a LICHFIELD TRENT VALLEY [NLC 1291] - LONDON TERMINALS [NLC 1072] Route Any Permitted monthly season ticket (£873.60) valid from 13/10/12 (Saturday). The ticket is handed in on 05/11/12 (Monday). The passenger therefore has had use of this ticket for a period of 3 weeks 2 days (discounting Sunday 04/11/12 unless the passenger explicitly admits to using it on that day).

The price of an Anytime Return (no Anytime Day Return available for this flow) is £162 and the price of a weekly season is £244.40. Two Anytime Return tickets cost £162 x 2 = £324, more than the weekly season. The extra two days should be covered by one weekly season ticket as it is cheaper.

This period can therefore be covered by four weekly season tickets, yet this would cost £244.40 x 4 = £977.60, which is more than the cost of the monthly ticket. This ticket therefore has no refund value.

Example 4

A YORK [NLC 8263] - LONDON TERMINALS [NLC 1072] Route Any Permitted monthly season ticket (£1180.80) starting on 22/11/12 (Thursday) is submitted for refund on 03/12/12 (Monday) in the morning before the passenger has had a chance to use the ticket that day.

There is no weekly season ticket available for this flow. Hence the refund is based on 9 days' usage (discounting Sundays 25/11/12 and 02/12/12 unless the passenger explicitly admits to using it on those days) consisting of 7 Anytime Returns (£249 each) and 2 Super Off-Peak Returns (£94.10 each, for Saturdays 24/11/12 and 01/12/12).

All together these cost £249 x 7 + £94.10 x 2 = £1931.20, which is more than the monthly season. As a result, it has no refund value.

Example 5

A HATFIELD HERTS [NLC 6070] - LONDON ZONES 1-6 [NLC 0035] Route Any Permitted monthly Travelcard season (£325.70) starting on 22/11/12 (Thursday) is submitted for refund on 03/12/12 (Monday) in the morning before the passenger has had a chance to use the ticket that day.

The weekly Travelcard season for this flow costs £84.80, the Anytime Day Travelcard costs £22 and the Super Off-Peak Day Travelcard costs £13 (for Saturday 01/12/12).

A total of one week and three days' use (discounting Sunday 02/12/12 unless the passenger explicitly admits to using it on that day) needs to be deducted, which cost £141.80. This gives a refund value of £325.70 - £141.80 = £183.90.

Example 6

A MANCHESTER STNS [NLC 0438] - LLANDUDNO [NLC 2484] Route Any Permitted monthly season ticket (£411.30) starting on 22/11/12 (Thursday) is submitted for refund on 03/12/12 (Monday) in the morning before the passenger has had a chance to use the ticket that day.

The weekly season for this flow costs £107.10 and the Off-Peak Return (which has no time restriction) costs £35.60.

A total of one week and three days' use (discounting Sunday 02/12/12 unless the passenger explicitly admits to using it on that day) needs to be deducted, which cost £213.90. This gives a refund value of £411.30 - £213.90 = £197.40.

Examples 4, 5 and 6 demonstrate that even under similar conditions, some tickets will have refund values whereas others don’t.
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Old 27th June 2012, 18:34   #21
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5.14.5 Calculation of Refund Value for Season Ticket Changeovers

A season ticket submitted for a changeover transaction will be charged / refunded pro-rata to the period of validity remaining based on the price difference between the two season tickets. The prices used for both tickets should be the prevailing rate on the original date the season ticket started.

Example 1

A passenger submits a LONDON TERMINALS [NLC 1072] - LEEDS [NLC 8487] Route Any Permitted annual season starting on 01/01/12 for a changeover to LONDON TERMINALS - DONCASTER [NLC 6417] Route Any Permitted on 30/06/12, starting on 01/07/12.

The prevailing rate is the one applicable on 01/01/12, which was released with NFM10. The Leeds annual season cost £11600 and the Doncaster annual season cost £9800. There are 366 actual days during the validity of the ticket, however for the calculation of the effective daily cost (confusingly named the base rate - not to be confused with the one from Section 5.4.4), a year always equals 365 days. Therefore the effective daily costs are:

LONDON TERMINALS - LEEDS: £11600 ÷ 365 = £31.78 (rounded to the nearest 1p)
LONDON TERMINALS - DONCASTER: £9800 ÷ 365 = £26.85 (rounded to the nearest 1p)

Days to refund: 31 + 31 + 30 + 31 + 30 + 31 = 184

Total credit for surrendered ticket: £31.78 x 184 = £5847.52
Total charge for new ticket: £26.85 x 184 = £4940.40

Total refund: £5847.52 - £4940.40 = £907.12

This refund is not subject to the administration charge.

Example 2

A passenger requires a changeover from a SOUTHAMPTON CENTRAL [NLC 5932] – LONDON ZONES 1-6 [NLC 0035] Route Any Permitted Travelcard season valid from 14/03/12 to 19/07/12 to a HONITON [NLC 5717] - READING STATIONS [NLC 0403] Route Any Permitted season on 01/05/12, effective 02/05/12.

The prevailing rate is the one applicable on 14/03/12, which was released with NFM11. The Southampton Travelcard season cost £2258.20 (4 months 6 days) and the Honiton season cost £2606.70 (4 months 6 days). There are 128 actual days during the validity of the ticket, however for the calculation of the effective daily cost, a month always equals 30 days. Therefore the period of validity is calculated as 126 days in this case, with the effective daily costs being:

SOUTHAMPTON CENTRAL - LONDON ZONES 1-6: £2258.20 ÷ 126 = £17.92
HONITON - READING STATIONS: £2606.70 ÷ 126 = £20.69

Days to charge: 30 + 30 + 19 = 79

Total credit for surrendered ticket: £17.92 x 79 = £1415.68
Total charge for new ticket: £20.69 x 79 = £1634.51

Total charge: £1634.51 - £1415.68 = £218.83.
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Old 29th December 2012, 22:45   #22
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Other sections:
  1. Ticket Types & Conditions
  2. Smart Cards
  3. Routeing
  4. Excesses, Upgrades & Supplements
  5. Multi-Journey Tickets
  6. Discounted Fares
  7. Integrated fares
  8. Legal
  9. Transactions & Compensation
  10. Disputes
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