KIEV: Ukrainian railways expect that in 2015, revenue from cargo shipments will total UAH 47.5 billion, which is 23.5% up on 2014, according to an explanatory note to the financial plan of railways which has been posted on the website of the Infrastructure Ministry of Ukraine.
The revenue will grow as the tariffs for cargo shipments within Ukraine have grown by 30% since February 1. Revenue from cargo exports will total UAH 16.062 billion and cargo imports – UAH 4.832billion, while revenue from transportation within Ukraine will total UAH 15.904 billion.
According to the document, transit cargo will reach UAH 4.619 billion, which is 30.6% down on 2014 due to a decline in passenger transportation by 9.1% year-over-year. The share of passenger transportation of total revenue from transportation will be 8.9%.
The financial plan of Ukrainian railways for 2015 foresees an increase in tariffs for passenger transportation in Ukraine by 21% from June onward. Additional expenses are expected at UAH 251 million.
The share of revenue from the provision of auxiliary services of net revenue from sales of products will be 9.8% in the amount of UAH 5.131 billion. Other operation revenue in 2015 will be UAH 751.9 million, which is more than twice less than in 2014 due to drop in revenue from sales of working assets by UAH 177.6 million, revenues from sale and purchase of foreign currency – by UAH 17.9 million and operation exchange rate differences – by UAH 430.2 million.
Other financial revenues will total UAH 1.047 billion. Total revenues in 2015 are planned to reach UAH 59.554 billion, which is 17.5% up on 2014.
