For the first nine months ended on 30 October 2014 the total revenue of the Company increased by 9.9% to RUR 26,843 million, while the adjusted revenue (total revenue less subcontractors’ fees under the integrated freight forwarding and logistics services) decreased by 4.9% to RUR 15,391 million. Operating profit decreased by 23.8% to RUR 3,673 million and EBITDA declined by 12.6% to RUR 6,320 million compared to the same period of 2013. The Company’s net profit amounted to RUR 3,052 million, representing a 20.8% decrease compared to the corresponding period of 2013.
Company’s total assets were RUR 44,256 million as of 30 October 2014, total debt was RUR 6,611 million, 11.1% down as compared to 31 December 2013.
The Company’s financial results were negatively affected by the unfavorable pricing environment in the Russian rail transportation market. Company’s transportation volumes during the reporting period grew by 1.8% to 1 093 thousand TEU.
TansContainer’s financial accounts for the nine months of 2014 under Russian Accounting Standards are available at