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all items 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Net Debt

Net Debt (a non-GAAP financial measure) is defined as the sum of total borrowings (including interest accrued) less “Cash and cash equivalents”.



Net Revenue from Engaged Fleet

Net Revenue from Engaged Fleet (a non-GAAP financial measure) represents the net sum of the price charged for transportation to clients by the Group utilising Engaged Fleet less the loaded railway tariff charged by RZD (included in the EU IFRS line item “Infrastructure and locomotive tariffs: loaded trips”) less the cost of attracting fleet from third-party operators (included in the EU IFRS line item “Services provided by other transportation organisations”).



Net Revenue from Operation of Rolling Stock

Net Revenue from Operation of Rolling Stock (a non-GAAP financial measure) is defined as the sum of “Revenue from railway transportation - operators services (tariff borne by the Group)” and “Revenue from railway transportation - operators services (tariff borne by the client)” less “Infrastructure and locomotive tariffs: loaded trips”, “Services provided by other transportation organisation” and Net Revenue from Engaged Fleet. 



Net Working Capital

Net Working Capital (a non-GAAP financial measure) is calculated as the sum of the current portions of “Inventories”, “Current income tax assets”, “Trade receivables – net”, “Prepayments – third parties”, “Prepayments – related parties”, “Other receivables – net” and “VAT and other taxes recoverable”, less the sum of the current portions of “Trade payables to third parties”, “Trade payables to related parties”, “Advances from third parties”, “Advances from related parties”, “Accrued expenses”, “Other payables to third parties”, “Accrued key management compensation”, “Other payables to related parties” and, “Current tax liabilities”.


all items 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Last updated: 09.10.2018