Swiss Federal Railways, also known as SBB (Schweizerische Bundesbahnen), is the national railway company of Switzerland, providing passenger and freight services throughout the country. Founded in 1902, the company has played a crucial role in connecting cities, towns, and villages in Switzerland and promoting sustainable transport.
SBB operates an extensive railway network, consisting of over 3,000 kilometres of tracks, 448 stations, and over 1,200 trains in daily operation. The railway network is well-known for its punctuality and efficiency, with over 90 percent of trains arriving on time. SBB has also made significant investments in modernizing its train fleet and infrastructure, including the introduction of new trains, renovation of existing stations, and expansion of rail lines.
One of the most popular services offered by SBB is its comprehensive public transportation system, which integrates trains, buses, and trams, providing seamless travel throughout the country. The Swiss Travel System, which is a partnership between SBB and other public transport companies, offers a variety of travel passes, such as the Swiss Travel Pass, which provides unlimited travel on trains, buses, and boats in Switzerland, as well as free admission to over 500 museums and attractions.
SBB has also been a leader in promoting sustainable transport and reducing carbon emissions. The company has set ambitious goals to reduce its greenhouse gas emissions, increase energy efficiency, and promote the use of renewable energy sources. SBB has implemented a range of initiatives to achieve these goals, such as investing in energy-efficient trains, promoting cycling and walking as alternative modes of transport, and increasing the use of renewable energy sources, such as wind and solar power.
In addition to providing passenger services, SBB is also a major player in the freight transport sector. The company operates a large fleet of freight trains, providing fast and reliable transport of goods across Switzerland and beyond. SBB has also made significant investments in upgrading its freight infrastructure, such as expanding rail yards and constructing new intermodal terminals.
Overall, SBB plays a vital role in Switzerland's economy and society, connecting people and goods across the country and promoting sustainable transport. The company's commitment to innovation, efficiency, and sustainability has made it a model for railway companies worldwide.
Report 2021: Key Financial Figures for SBB
The table below presents the main financial figures for Swiss Federal Railways (SBB) as reported in 2021.
Table Column: Income Statement
- Metric Value (in million CHF) Change (% YoY)
- Operating income 9,870 7.1
- Operating expenses -10,094 -3.7
- Operating income/EBIT before impairment losses -225 56.4
- Operating income/EBIT -225 56.4
- Consolidated net income -325 47.3
- Operating income 9,870 7.1
- Operating expenses -10,094 -3.7
- Operating income/EBIT before impairment losses -225 56.4
- Operating income/EBIT -225 56.4
- Consolidated net income -325 47.3
Table Column: Balance Sheet
- Assets 52,058 1.4
- Liabilities 52,058 1.4
- Liabilities 52,058 1.4
Table Column: Free Available Cashflow
- Total cash flow -279 6.7
- Free cash flow after financing railway infrastructure by public authorities -564 62.4
- Free cash flow before financing railway infrastructure by public authorities -2,757 21.9
- Free cash flow before financing railway infrastructure by public authorities -2,757 21.9
Table Column: Public Services Provided by the Government
- Total compensation received from public authorities 4,091 -36.7
Table Column: Capital Expenditures
- Capital expenditures 3,470 -35.0
Table Column: SBB as a Client
- Total purchases 5,634 -7.0
- Suppliers 13,315 -6.3
According to the report, SBB's operating income was 9.87 billion CHF, which represents a 7.1% increase compared to the previous year. However, the operating expenses were 10.09 billion CHF, which resulted in a negative operating income of -225 million CHF.
The consolidated net income was -325 million CHF, indicating a decrease of 47.3% compared to the previous year. The total assets and liabilities were both reported at 52.058 billion CHF.
SBB's free available cash flow was negative at -279 million CHF, while the free cash flow after financing activities was -564 million CHF. However, the free cash flow before financing activities was negative at -2.757 billion CHF.
SBB received 4.091 billion CHF in compensation for public services provided by the government, representing a decrease of 36.7% compared to the previous year. The company also reported capital expenditures of 3.47 billion CHF.
Finally, the company spent 5.634 billion CHF on purchases, which was a decrease of 7.0%, and had 13,315 suppliers, a decrease of 6.3% compared to the previous year.
source link: https://reporting.sbb.ch/finanzen?years=0,6,7&scroll=0&highlighted=3a59b926aa907a289d8ec5d2bd753e2d
