Long-haul passenger transportation via Russian Railways infrastructure
The following companies provide long-haul passenger transportation services via Russian Railways infrastructure:
- S&A of Russian Railways (Federal Passenger Company and Sakhalin Passenger Company). Their share of passenger turnover is 95.5%. In particular, Federal Passenger Company has a 95.2% share, including a 89.7% share of passenger turnover via its own trains.
- Independent carriers: Grand Service Express TC, Tverskoy Express and TransClassService. Their share of passenger turnover is 1.4%.
- High-Speed Transportation Directorate. Its share of passenger turnover is 2.8%.
Long-haul passenger turnover via Russian Railways infrastructure decreased 7.0% to 89.5 bln pass. km in 2015, while the number of passengers transported fell 5.0% to 97.9 mln.
Performance results of Federal Passenger Company
Federal Passenger Company trains transported passengers 86.1 bln pass. km in 2015 (down 9% compared with 2014), including 81.1 bln passengers via its own trains.
Federal Passenger Company had income from core operations of RUB 181.2 bln in 2015 (down 2.4%), including RUB 160.0 bln of income from passenger transportation (down 2.6%). Operating expenses also decreased — from RUB 204.9 bln in 2014 to RUB 199.0 bln in 2015.
For the year, Federal Passenger Company had net profit of RUB 0.1 bln versus a loss of RUB 0.4 bln the previous year.
| Indicator | 2014 | 2015 | Change, % |
|---|---|---|---|
| Income from core operations | 185.6 | 181.2 | –2.4 |
| Income from passenger transportation | 16.2 | 16.0 | –.6 |
| Income from other sales | 21.4 | 21.2 | –0.7 |
| Expenses on core operations | 204.9 | 199.0 | –2.9 |
| Expenses on transportation operations | 189.6 | 183.6 | –3.2 |
| Expenses on other sales | 15.2 | 15.3 | 0.8 |
| Operating profit (loss) | –19.3 | –17.8 | –7.8 |
| Result from other income and expenses | 20.5 | 20.2 | –1.6 |
| Profit (loss) before tax | 1.2 | 2.4 | 50 |
| Net profit/loss | –0.4 | 0.1 | — |
For more on the performance results of Federal Passenger Company, see the company’s website.