TransContainer published its results according to Russian Accounting Standarts for the first half period ended 30 June 2016
PJSC TransContainer PJSC TransContainer reports its Financial Results under Russian Accounting Standards (RAS) for the first six months of 2016.
In the first half of 2016 the Company’s net income increased by 92.4% year on year to RUB 1,331 million. The net income margin grew from 7.0% in the first half of 2015 to 13.3% for the reporting period. The net income growth was impacted by an increase in transportation volumes by the Company’s A specialised type of rolling stock designed to carry ISO containers.
flatcar and Transportation equipment for shipping cargo via various means of transport. Containers are durable enough for repeated use and can be stacked. Containers are divided into medium-duty (three- and five-tonne), which conform to former Soviet Union standards and are still used for shipments in Russia and the CIS, and ISO (20- and 40-foot) containers, which are used for Russian and international shipments. The universal standard unit TEU (twenty-foot equivalent unit) was introduced to measure transport flow volumes.
container fleet, by widened range of rail transportation services and by cost control.
The Company’s total revenue under RAS for the first six months of 2016 amounted to RUB 23,404 million, up 17.7% year on year. Adjusted revenue (total revenue less subcontractors’ fees under the integrated A form of payment for sea transportation of cargo, or the use of a ship for a certain period of time. Freight payment is determined by the volume of cargo delivered to the destination
or by the volume of cargo loaded onto the ship.
freight forwarding and The process of organising a chain of delivery, and managing that chain in the broadest sense. This chain may encompass both deliveries of raw materials needed for production and management of material resources at an enterprise, delivery to warehouses and distribution centres, sorting, handling, and final distribution at the points of consumption. In the context of transportation services, the main service is that of delivering cargo across a delivery route.
logistics services) increased by 1.0% year on year to RUB 10,029 million. The adjusted operating expenses of the Company decreased by RUB 259 million, or 3.0% year on year, to RUB 8,477 million. For the first six months of 2016 the Company’s EBITDA grew by 22.8% from RUB 2,544 million in the first half of 2015 to RUB 3,124 million for the reporting period.
As of 30 June 2016 the Company’s assets amounted to RUB 46,554 million, gross debt was RUB 5,175 million, net debt (gross debt less cash, cash equivalents and short-term investments) was RUB 1,186 million, down 2.85 times as compared to the net debt as of 31 December 2015.
TransContainer’s financial accounts for the full year 2015 under Russian аaccounting Standards are available at