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18/12/2013
15:21
RZHD invested 4.3trill rub.

At the RZHD management board sitting held Dec. 17 to celebrate the 10th anniversary of the RZHD foundation it was noted that it covers 43% of cargo turnover and 30% of the passenger carriages on the Russian transport market, as it was informed.

The Company provides formation of 1.6% of GDP and 1.3% of the total budget tax receipts and 3.4% investments in the fixed assets. Over the 10-year period RZHD invested 4.3tril rub. in the modernization of the fixed assets and realization of large infrastructure projects.

Russian Railways (TIN 7708503727) was set up in 2003 on the basis of the communications ministry. 100% are held by the state; the network covers 85.5ths km.

The 9-month 2013 net profit (RAS) rallied down 9.37 fold (RAS) to 4.258bn rub. from 39.881bn rub. prior year; revenues added 0.19% to gain 1.022tril rub. from 1.02tril rub.; profit from sales being down 32.64% to 62.476bn rub. from 92.751bn rub.; pretax profit - 3.24 fold to 24.458bn rub.

from 79.242bn rub.
The IH net profit (IAS) rallied down 2.3 fold to 31.69bn rub. from 73bn rub.; revenues moved up 13.4% to 841.8bn rub. due to the consolidation of GEFCO in IH 2013; logistic revenues gained 85.7bn rub. vs. 3.5bn rub. prior year.

The operating expenses rose 19.7% to 794.2bn rub. on the GEFCO consolidation (81bn rub.); EBITDA coming to 181bn rub. (204bn rub.), EBITDA margin - 23.2% (27.6%). The capital investments reached 263.7bn rub. vs. 214.9bn rub. prior year.


"AK&M", 18.12.2013

 

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