TransContainer reports its Financial Results under Russian Accounting Standards for the Full Year 2016
PJSC TransContainer PJSC TransContainer reports its Financial Results under Russian Accounting Standards (RAS) for full year of 2016.
For the reporting year the Company’s net income increased by 42.2% year on year to RUB 2,631 million. The net income margin grew from 9.1% in 2015 to 12.0% in 2016. 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 amid the strong market recovery, by widened range of rail transportation services and by cost control.
The Company’s total revenue under RAS for the year of 2016 amounted to RUB 51,191 million, up 20.9% 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 8.3% year on year to RUB 21,933 million. The Company’s operating expenses, adjusted to subcontractors’ fees, increased just by 3.7%
The Company’s EBITDA grew by 16.3% from RUB 5,576 million in 2015 to RUB 6,487 million for the reporting period.
As of 31 December 2016 the Company’s assets amounted to RUB 47,337 million, gross debt was RUB 9,012 million, net debt (gross debt less cash, cash equivalents and short-term investments) was RUB 4,031 million.
TransContainer’s financial accounts under Russian аccounting Standards are available at
2016 Annual Report
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