The operator of toll roads in south-east Queensland, Australia, has reported a net operating loss of $6.8m for the 2009 financial year.

This is in spite of a 9% rise in revenue from tolls, according to Queensland Motorways’ annual report.

The agency is one of five assets earmarked for sale by the state government as part of its privatisation programme.

Increasing costs of operating the network and the transition to free-flow tolling have been cited as reasons for the loss.