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, total | 168.2 | 183.0 | 196.1 | 7.1% |
| — income from passenger service | 150.8 | 164.1 | 175.4 | 6.8% |
| deregulated segment | 88.1 | 85.6 | 88.5 | 3.4% |
| regulated segment | 62.7 | 78.5 | 86.8 | 10.6% |
| — income from other activities | 17.4 | 18.9 | 20.7 | 9.7% |
| Expenses, total | 191.3 | 204.1 | 208.7 | 2.2% |
| — expenses for passenger service | 178.1 | 190.0 | 194.0 | 2.1% |
| deregulated segment | 85.4 | 86.7 | 87.9 | 1.4% |
| regulated segment | 92.7 | 103.3 | 106.1 | 2.7% |
| — expenses on other activities | 13.2 | 14.1 | 14.7 | 3.6% |
| Operating profit | —23.1 | —21.1 | —12.6 | —40.3% |
| — from passenger service | —27.3 | —25.9 | —18.7 | —27.9% |
| deregulated segment | 2.7 | —1.1 | 0.6 | —155.3% |
| regulated segment | —30.0 | —24.8 | —19.2 | —22.4% |
| — from other activities | 4.2 | 4.7 | 6.0 | 28.0% |
| Other income | 1.6 | 4.1 | 3.5 | —16.1% |
| Other expenses | 4.7 | 6.7 | 6.9 | 3.1% |
| 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% |
| EBITDA | 18.6 | 21.5 | 22.7 | 5.6% |
| 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 | 0.1 | 2.4 | 4.1 | 70.7% |
| Net profit margin | 0.1% | 1.3% | 2.1% | 0.8 p. p. |