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angle-left null TransContainer’s RAS financial results for 2010
05.03.2011

TransContainer’s RAS financial results for 2010

In 2010 total revenue of TransContainer increased by 39.2% to RUR 22,759.8 million, as compared to 2009 results. Operating income amounted to RUR 2,081.0 million, while in 2009 operating income was RUR 774.5 million. Net income in 2010 increased by more than 18 times to RUR 404.2 million. Company’s total assets as of 31 December 2010 increased by 11.8% to 30,811.2 million, as compared to 2009.

The improvement of financial performance of the Company resulted primarily from the container market recovery begun in 2010 as well as from Company’s efforts aimed at increase of profitability and operating efficiency. In 2010 rail container transportation volumes by TransContainer’s rolling stock increased by 9.5% to 1.2 million TEU, container handling volumes at Company’s terminals also increased by 9.5% to 1.6 million TEU.

TransContainer’s capital expenditures in 2010 amounted to RUR 5,482.7 million (including the purchase of lased flatcars). Investments were primarily focused on modernization of rolling stock and improving the terminal infrastructure.