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March 30, 2011
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- The railway company SBB CFF FFS ended 2010 with a decline of 19.3% of net profit
- Concern about the growing debt subject to interest that has risen to more than eight billion Swiss francs
 The Swiss railway SBB CFF FFS group closed 2010 with net income in sharp decline (-19.3%) compared to the previous year. Consolidated net income was in fact 298.3 million Swiss francs compared to 369.8 million Swiss francs in 2009. The company explained that this deterioration is attributable in particular to the additional maintenance required for the railway infrastructure, as the funds allocated under the Convention on the performance with the federal government are not sufficient to guarantee the maintenance and the group then had to use additional resources, the reduction of property sales and expenses due to the improvement of the pension fund. The group's revenues amounted to 7.8 billion Swiss francs (-0.1%), of which 3.6 billion in revenues generated by rail transport (3.5 billion in 2009).
- The passenger division has closed 2010 with a profit of 292.6 million Swiss francs (280.6 million in 2009), while in real estate operating income was $ 246.7 million Swiss francs (361, 9 million in 2009). Despite the best transport services, freight traffic has not yet reversed the trend and closed 2010 with a loss of 64 million Swiss francs compared with a loss of 62.5 million in 2009. The Infrastructure division achieved a profit of 4.8 million Swiss francs (6.5 million loss in 2009).
- The Swiss group said that a concern is the increasing indebtedness of the company. Revenues received from the exercise amounted to 846.3 million Swiss francs, were opposed to 2.629 million investment. Free cash flow - taking into account the investment in infrastructure supported by the public authorities - stood at -1.371 billion Swiss francs (+375 million in 2009). This - he said SBB CFF FFS - is mainly due to investments of 965.8 million Swiss francs in new rolling stock will be gradually put into service in 2011 and a contribution of 938 million francs to the sanitation of the pension fund.The debt subject to interest income rose by 763.2 million Swiss francs to 8.068 billion (7.304 billion in 2009). Over the past five years, the debt subject to interest increased by nearly 2.5 billion.
- Last year in the passenger sector, the group delivered a daily record of 951,000 people for a yearly total of 347.1 million passengers, up 6.0% from 327.5 million in 2009. In the field of cargo traffic was totaled 13.1 billion ton-km, an increase of 12.3% over 2009.
- SBB CFF FFS has announced that in 2010 the already high exploitation of the Swiss railway network is again increased as a result of increased demand and that for every kilometer of track to SBB CFF FFS circulated an average of 95.4 trains per day than 94.4 in 2009, a value that is unmatched worldwide.
- The company has stressed the need to finance long-term Swiss rail system, as the demand for mobility in Switzerland will continue to grow with a further significant increase in the number of passengers on trains of the company by 2030.This - noted SBB CFF FFS - determines a need for investment in new rolling stock at about 20 billion Swiss francs, and for the maintenance and development of infrastructure investments are planned over 40 billion Swiss francs. This is likely to - said the railway company - a huge financial gap in relation to financial instruments available today.
- SBB CFF FFS explained that, with the aim to further increase the productivity and efficiency and clean-up business units at a loss, in the cargo segment of the exclusion of SBB Cargo International, a joint venture with Hupac which became operational in early 2011 (
 of July 5 and 6 September 2010 and 10 January 2011), should lead to significant reductions in costs and generate profits in the medium term and that, in areas such as the lucrative long-haul passenger traffic nationally and internationally, the company will invest in new rolling stock and more efficient. 
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