“Ukrzaliznytsya” in 2016. got 303 million UAH of net profit under UAS

PJSC “Ukrzaliznytsia” on the results of operations in 2016 has received 303 million UAH of net profit under Ukrainian accounting standards.

As reported a press-service of JSC with reference to the head of Wojciech Balczun in 2016, “Ukrzaliznytsia” has received 78.9 billion UAH of income. Expenses of the company amounted to 78,6 billion. The balance of funds in the accounts of the company at the end of 2 016 amounted to UAH 5.5 billion.

For 2016 Railways of Ukraine transported 344,3 million tons of cargo and 439 million passengers. Revenues from shipments in 2016 amounted to 62 billion UAH. Expenditures on transportation amount of 58.4 billion, which was reduced in comparison with the approved plan by UAH 1.7 bn (2.8%).

“Last year was UAH 1.3 bn to reduce fuel costs by reducing purchase prices for diesel fuel. In terms of 20,912 thousand UAH/ton, the actual price was $ 19,902 thousand UAH/tonne,” said PAO.

The past year has been upgraded rolling stock in the amount of 2.8 billion UAH, modernized fixed assets at UAH 2 billion, including rolling stock by 0.9 billion UAH.

The work was performed for capital construction by 2.8 billion UAH, including for the reconstruction of the way by 1.1 billion UAH for the construction of the tunnel Beskydy 0.7 billion and upgraded the station Kamysh-Zorya – Volnovakha, which increased its throughput capacity.

In addition, the refurbished 7,278 thousand locomotives (56 overhaul), more than 30 thousand freight cars, more than 2 thousand passenger cars, repaired and launched double-Decker train, Skoda, purchased 1020 gondolas.

For the year 2016 EBITDA “Ukrzaliznytsya” is 20.5 billion UAH, EBITDA – 30%.

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