V/Line Corporation 2025-26 annual report
Summary
The report's own summary: Chief Executive Officer’s report, pages 7 to 8
Generated summary: written by an AI model from the report text and checked against the cited pages.
V/Line Corporation reported on the year ending 30 June 2026, with a purpose of connecting Victorians through transport that is safe, reliable and accessible.
V/Line reported more than 28.5 million passenger trips on its train and coach services in 2025–26.
It reported annual customer experience scores of 79.9 for rail and 81.5 for coaches, against targets of 80.
V/Line reported accessibility upgrades at 16 stations and finalisation of its Accessibility Action Plan.
V/Line reported a net result after tax of $14.3 million.
Finances 4
Revenue and income from transactions
$1,428,984 thousand
Printed as
Revenue and income from transactions 2.1 1,428,984 1,320,842
Total expenses from transactions
$1,429,011 thousand
Printed as
Total expenses from transactions 1,429,011 1,307,543
Employee benefit expenses
$516,914 thousand
Printed as
Employee benefit expenses 3.3.1 516,914 475,272
Net result
$14,335 thousand
Printed as
Net result 14,335 (1,433)
Staff 2
Total employees
3356 people
Printed as
Total employees 3356 3253.8
Total employees
3253.8 FTE
Printed as
Total employees 3356 3253.8
Executives and remuneration 7
Remuneration received or receivable by the Accountable Officer
$540,000 – $549,999
Printed as
Remuneration received or receivable by the Accountable Officer in connection with the management of V/Line during the reporting period was in the range of $540,000 – $549,999
Total number of senior executives
48
Printed as
Total number of senior executives 48 46
Total remuneration
$13,766 thousand
Printed as
Total remuneration 13,766 12,270
Total remuneration
$3,906 thousand
Printed as
Compensation of KMPs 2026 2025 $’000 $’000 Short-term employee benefits 3,572 2,894 Post-employment benefits 256 215 Other long term benefits 78 56 Total remuneration 3,906 3,165
Senior Executive Service – 3
5
Printed as
Senior Executive Service – 3 5 - 1 - 4 - 0 -
Senior Executive Service – 2
17
Printed as
Senior Executive Service – 2 17 +3 7 +3 10 - 0 -
Senior Executive Service – 1
18
Printed as
Senior Executive Service – 1 18 -1 10 -2 8 +1 0 -
Consultancies 1
Details of consultancies valued at $10,000 or greater
$8,918,445
Printed as
The total expenditure incurred in 2025–26 in relation to these consultancies was $8,918,445 (excluding GST).
About the document
- Edition
- Current edition
- Reading status
- Read by OPAX
- Pages
- 154
- Figures not found in the report
- Consultancy (individual rows are on the V/Line website, not in the report); Executive average remuneration; Named remuneration