The main ferry operator serving the Hebrides CalMac say they have had a successful year despite a slight drop in revenue.
This figure fell from £157.1million in 2012/13 to £154million in 2013/14.
The report also revealed that the company, which employs around 1,300 people, received Scottish Government grants which increased slightly from £87.1million to £93.6 million.
Group chairman, David McGibbon said: “It has been a year of major milestones for us as we continue to strive to develop services that meet the needs of the communities and business we serve.
“Last May we introduced our first new service for 20 years between Ardrossan and Campbeltown and followed it up with a new winter service linking Lochboisdale in South Uist and Mallaig both introduced directly after consultation with these communities.
“We are proud to be part of the communities we serve and will continue to use our experience and local knowledge to help us shape our services to meet the lifeline needs of the people we serve.”
The accounts were filed amid concern about the future of the yard building CalMac’s new £41million MV Loch Seaforth which will serve the Stornoway to Ullapool route
The future of the yard and its assets could be decided by the German courts after it emerged that the site’s operators are close to bankruptcy.
The MV Loch Seaforth had been expected to enter service in September but was delayed due to problems with electrics.