The management Board of PJSC “Ukrzaliznytsia” has approved the draft consolidated financial plan for 2018 and sent it to the Ministry of economic development and trade for approval to prepare a document for consideration by the Cabinet of Ministers of Ukraine.
As reported by the press service of the company with reference to the acting Chairman of the management Board Evgeny Kravtsov, the draft financial plan provides an income 92.2 billion UAH, profit of 700 million UAH taxes and fees in the budget of 18 billion UAH, chapinville – 26.9 billion UAH.
Freight volumes expected to increase by 2.7% – to 347,5 million tons, the cost of the average monthly salary by 26%, taxes and charges in the budget, at 19%, capital investment – 2.1 times.
“Next year we will continue to provide profitable operations of “Railways” . Yield growth is planned to provide, above all, by improving operating efficiency, increase specific weight of the Shuttle bus service, the introduction of the order of write-off property, improvement of tariff policy for the transportation and cost optimization. With the purpose of motivating personnel is planned full introduction of the new pay system, which will determine the amount of payments in accordance with the nature and outcome of work”, – said E. Kravtsov.
According to him, the first investment plan was widely discussed with market participants, whose proposals were reflected in it. Most capital investments will be aimed at updating railway rolling stock (purchase of new, modernization and capital repair of the existing fleet), increasing bandwidth bottlenecks in the infrastructure. In particular, it is planned to buy freight locomotives, passenger carriages, freight wagons, gondola cars manufactured in their own factories, to modernize the rolling stock, reconstruction of the infrastructure. This applies to electrify Dolinskaya – Nikolaev, Kovel – Izov – state Border and Potoky – Zolotuchina, expansion of port areas, Mariupol direction.
The consolidated financial plan “Ukrzaliznytsi” for 2018 included the performance indicators of the seven CHAO, 100% of the shares of which were contributed to the authorized capital of the company.
“Ukrzaliznytsya” – the main carrier of freight and passengers in the country: provides 82,4% of the total traffic and 33.4% of passenger traffic.