According to the company, non payments of maintainence by the Junta and Murcia, and very low (I would say almost non-existent) traffic levels means that it hasn’t been able to keep up with the payments since September 2011.
Aucosta, the company that runs it, doesn’t have a very good website. Indeed, the last posting in its “daily news” section is from 2008.
The exact daily average of traffic for the road doesn’t seem to be public, but if it was 2.045 vehicles daily in 2010, and taking into account the reported drops in traffic…. let’s say about 1,700 cars a day use it, shall we?
Not all of them do the whole route, so let’s say that the average take is 8€ a vehicle. That’s 136.000€ a day, less IVA: 112.400€ a day or 3.372.000€ a month.
Debt repayments on 550 million euros a year, at 2.5% over 50 years (this calculator doesn’t go past that) is 1,606,783.48€ a month. Leaving them with a profit of… 1.765.217€ a month.
Hmm. They obviously employed someone like me to draw up their original business plan.