At present, services are provided by 25 suburban passenger companies (SPC) established with the participation of Russian Railways, regional executive authorities, private investors as well as Aeroexpress, Interregional Passenger Company and Russian Railways (as represented by the High-Speed Transportation Directorate — branch of Russian Railways).
Income of SPC from suburban passenger transportation in 2014 totalled RUB 52.7 bln A 6.3% increase compared with 2013
In 2014, regional budget funding totalled RUB 8.2 bln
Russian Railways has more than 50% stake in the charter capital of 19 suburban companies.
In 2014, suburban passenger companies concluded 92 contracts for public transportation services with 72 constituent entities of the Russian Federation.
|including for profitable SPC|
|Profit including subsidies||6.5||5.8|
|for unprofitable SPC|
|Losses including subsidies||–6.9||–4.6|
Income from the transportation operations of SPC grew 6.3% to RUB 52.7 bln in 2014 compared with 2013. Twelve of 25 carriers showed growth in income versus the previous year.
Expenses on transportation operations increased 4.2% to RUB 59.8 bln in 2014.
Excluding subsidies from regional budgets, losses by SPC totalled RUB 10.2 bln in 2014, a 16.4% decrease from 2013 (excluding profitable companies).
Funding from regional budgets amounted to RUB 8.2 bln in 2014.
SPC not operating in the red:
- Samara SPC
- PK Sakhalin
- Altay Prigorod
- Omsk Prigorod
- Northwest SPC
- Moscow-Tver SPC
- Central SPC
- Volgo-Vyatskaya SPC
- Kuban Express Prigorod
- Perm Suburban Company
Uncompensated losses by unprofitable suburban companies totalled RUB 4.6 bln in 2014.
Due to the lack of appropriate funding from regional budgets to compensate for losses of income by SPC as a result of the government regulation of transportation tariffs, the traffic volume of suburban trains was optimised in 2014 in coordination with the constituent entities of the Russian Federation.
Taking into account other types of activities, twelve SPC broke even in 2014 after taxes according to accounting data — the net profit of these companies totalled RUB 2.9 bln, while 13 SPC had combined losses of RUB 3.1 bln.