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OAO RZD Exceeds 1 Trillion Roubles in Revenue for the First Time

October 2008.


Last year, Russian Railways increased revenues under International Financial Reporting Standards (IFRS) by 15.7% compared with 2006 to 1.16119 trillion roubles.

Revenues from freight amounted to 768.635 billion roubles, an increase of 14%, while passenger revenues rose by 18.8% to 140.796 billion roubles.

Operating expenses at the Group’s companies amounted to 821.519 billion roubles.

Group profit before tax rose to 214.984 billion roubles, an increase of 5.7% on the previous year, while net profit was up by 3.6% to 144.959 billion roubles.

Russian Railways paid 70.025 billion roubles in taxes in 2007, OAO RZD's Department of Corporate Communications reports.

 

 



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