Income from all activities increased from RUB 183.0 billion to RUB 196.1 billion or by 7.1% in the reporting period. However, expenses grew to RUB 208.7 billion or just by 2.2%.
Subsidies from the federal budgets decreased from RUB 29.6 billion to RUB 23.4 billion or by 20.9%.
Net profit before tax totalled RUB 4.1 billion, up 70.7% on the 2012 figure. Net profit margin increased from 1.3% in 2012 to 2.1% in 2013 by 0.8 percentage points.
Investment totalled RUB 27.5 billion, up 25.2% on the previous year’s figure. Investment in new rolling stock accounted for more than 87.5% of the entire programme or RUB 24.1 billion (up 53.6% on 2012).
Company’s capital and reserves totalled RUB 171.8 billion at the end of the reporting year, including a RUB 5.0 billion contribution to the charter capital of JSC FPC made by JSC RZD.
Long-term liabilities grew from RUB 10.8 billion to RUB 11.1 billion or by 2.5%. Short-term liabilities remained at the same level as at the end of 2012, i.e. it stood at RUB 32.9 billion. EBITDA increased to RUB 22.7 billion or by 5.6%. EBITDA margin totalled 10.3%. Net debt to EBITDA ratio grew from 0.4 in 2012 to 0.5 in 2013.
|Indicators||2011||2012||2013||2013/2012 growth, %|
|— income from passenger service||150.8||164.1||175.4||6.8%|
|— income from other activities||17.4||18.9||20.7||9.7%|
|— expenses for passenger service||178.1||190.0||194.0||2.1%|
|— expenses on other activities||13.2||14.1||14.7||3.6%|
|— from passenger service||—27.3||—25.9||—18.7||—27.9%|
|— from other activities||4.2||4.7||6.0||28.0%|
|Total effect on other income and expenses||—3.1||—2.5||—3.4||34.6%|
|Subsidies from the federal budget||29.5||29.6||23.4||—20.9%|
|Profit (loss) before tax||3.3||5.9||7.4||24.8%|
|EBITDА margin (including subsidies)||9.4%||10.1%||10.3%||0.2 p. p.|
|Profit tax and other similar liabilities||3.2||3.5||3.3||—6.5%|
|Net profit margin||0.1%||1.3%||2.1%||0.8 p. p.|