Performance highlights

Unit2007200820092010201120122013
Performance indicators
Freight rail turnover billion ton/km 34,2 34,64 25,33 35,27 33,51 29,69 32,3
Transportation volume million tons 21,1 24,76 19,23 24,56 25,52 23,57 20,27
Container transportation thousand TEU 12,17 58,60 61,82 112,79 147,33 148,87 151,13
Average age of rolling stock1 year 13,6 11,7 11,4 10,5 10,0 11,3 11,7
Rolling stock operated1 car 16 011 16 376 14 865 15 601 16 579 16 194 16 096
Average distance of loaded trip km 1 536 1 399 1 317 1 436 1 313 1 260 1 595
Staff numbers
Personnel1 employee 497 494 512 498 585 519 481
Financial indicators under IFRS
Revenue mln rubles 4 733 6 158 4 321 6 342 9 050 10 706 7 754
Cost of sales mln rubles (3 269) (4 133) (4 087) (5 269) (5 941) (6 680) (5 212)
EBITDA2 mln rubles 1 663 2 199 178 1 668 3 953 5 034 2 928
Profit for the year mln rubles 757 160 (1 968) 134 1 929 2 455 268,9
Equity mln rubles 2 133 2 267 3 120 3 747 5 796 5 880 6 441
Assets mln rubles 8 607 13 307 12 239 10 914 19 533 17 654 17 711
Gross margin % 31 33 5 17 34 38 33
EBITDA margin % 35 36 4 26 44 47 38
ROCE % 21 29 -10 11 17 32 11
TIE ratio 2,3 2,5 -0,3 1,1 2,9 2,9 1,2
D/EBITDA ratio 3,5 4,5 49,1 3,9 3,1 2,2 3,5
D/E ratio 2,7 4,4 2,8 1,7 2,1 1,8 1,6

1 At year end.
The definition of EBITDA consists of the profit for the year, adjusted for total income tax expense, result on disposal of subsidiaries, results on disposal of fixed asset, written-off Goodwil, interest payable/receivable, depreciation, amortization, unrealized expense on revaluation of derivative financial liability, net foreign exchange loss/gain, share of net income/loss in associates.