TransContainer reports full year 2015 IFRS results
PJSC “TransContainer” (“TransContainer” or the “Company”) today publishes its consolidated financial statements for the full year ended 31 December 2015 and the independent auditor’s report prepared by AO PricewaterhouseCoopers Audit.
Under challenging macroeconomic conditions in 2015 the Company secured the net income margin of 14% and kept EBITDA margin at the level of 32% as a result of gaining the market share to 47% and the effective cost control.
In 2015 the Company’s total revenue grew by 16.2% to RUB 42,505 million while the adjusted revenue decreased by 1.1% to RUB 20,331 million on the back of a decrease in transportation volumes by 5.3% year on year. Adjusted operating costs were up 3.9%, well below the inflation rate. The Company’s EBITDA decreased by 16.5% to RUB 6,526 million, while net profit was down 22.6% from RUB 3,658 million to RUB 2,831 million, respectively.
The Company’s debt decreased by 14.8% from RUB 6,777 billion as of 31 December 2014 to RUB 5,780 billion as of 31 December 2015. Despite debt repayments and scheduled investments the Company remained cash positive in 2015.
The Company’s total assets as at 31 December 2015 were RUB 49,174 million, Company’s equity was RUB 36,187 million.
Consolidated IFRS accounts of PJSC TransContainer for the twelve months ended 31 December 2015 are available at: