ANNUAL REPORT 2004–05 - V/Line

SERVINGREGIONAL COMMUNITIESV/LINE ANNUALV/LINE IS VICTORIA'S LARGEST REGIONAL PASSENGERtransport operator, with a long history of serving its communitiesthrough rail and coach services.In July 2003, V/Line began a new chapter in its operationswith the establishment of V/Line Passenger Corporation (VLPC)and V/Line Passenger Pty Ltd (V/Line).See Corporate Governance section page 37.V/Line has a franchise agreement with the Director of PublicTransport, representing the State Government of Victoria, tooperate regional rail and rail replacement coach services.OUR MISSIONV/Line connects people and places.OUR VISIONVictoria’s communities choose V/Line as their preferred way ofgetting from place to place.OUR VALUESRespectEmpowermentCustomer focusExcellenceHonestyABOUT THIS REPORTThis report provides a summary of V/Line's key activities andfinancial performance for the period 1 July 2004 to 30 June 2005.