Segment information

Unit 2013 2014 2015 2016 2017 Δ%
 
Passenger Traffic – income statement
Segment accounting: intra-group income and expenses not eliminated.
Operating income
CHF m 4,699 4,730 4,899 4,853 5,020 3.4

Operating income

of which traffic revenue
CHF m 3,100 3,144 3,256 3,269 3,409 4.3

of which traffic revenue

Passenger revenues grew due to the fare adjustments in late 2016, which alleviated the impact of the train-path price rise, the active market cultivation strategy with corresponding growth in GA travelcards and Half-Fare travelcards as well as improvements in international passenger services.
Operating expenses
CHF m -4,529 -4,552 -4,661 -4,661 -4,791 -2.8

Operating expenses

Operating result
CHF m 171 179 238 193 229 18.7

Operating result

Net loss for the year
CHF m 96 104 131 139 186 33.4

Net loss for the year

The result for Passenger Traffic increased due to improvements in international passenger services as well as the active market cultivation strategy with corresponding growth in GA travelcards and Half-Fare travelcards.
Passenger Traffic – key figures
 
Earnings per passenger-kilometre
CHF/Pkm 0.171 0.169 0.173 0.170 0.178 4.6

Earnings per passenger-kilometre

Earnings per passenger journey
CHF/PJ 7.31 7.17 7.25 7.02 7.32 4.3

Earnings per passenger journey

Operating expenses per train-kilometre
CHF/train-km 30.4 30.3 31.4 30.7 31.8 3.6

Operating expenses per train-kilometre

Grant efficiency – Regional Services
CHF/train-km 7.82 7.67 7.83 7.85 7.80 -0.5

Grant efficiency – Regional Services

Grants per train-kilometre: the lower the absolute figure, the higher the assumed efficiency.
Percentage of costs covered by revenue – Regional Services
% 57.7 60.3 58.9 59.0 61.2 2.2

Percentage of costs covered by revenue – Regional Services

Ratio of revenue from users to total expenditure for the operation of regional traffic lines.
 
Real Estate – income statement
Segment accounting: intra-group income and expenses not eliminated.
Operating income
CHF m 698 731 778 787 794 0.9

Operating income

of which third-party rental income
CHF m 394 417 433 451 480 6.4

of which third-party rental income

Operating expenses
CHF m -514 -526 -555 -557 -546 2.0

Operating expenses

Operating result
CHF m 184 206 223 230 249 7.9

Operating result

Net loss for the year
CHF m 8 11 12 12 10 -14.6

Net loss for the year

Net income for 2017 prior to compensation payments: CHF 435 million. Previous year: CHF 433 million, +0.5 per cent.
Real Estate – key figures
 
Sales by third parties in the 32 biggest SBB railway stations
CHF m 1,483 1,533 1,560 1,587 1,627 2.5

Sales by third parties in the 32 biggest SBB railway stations

of which Zurich HB
CHF m 316 346 362 364 365 0.4

of which Zurich HB

Income from disposal of non-operating real estate
CHF m 81 190 141 221 204 -7.6

Income from disposal of non-operating real estate

Book value of assets
CHF m 4,385 4,514 4,838 5,227 5,526 5.7

Book value of assets

 
Freight services – income statement
Segment accounting: intra-group income and expenses not eliminated. Consolidated figures for SBB Cargo Ltd and SBB Cargo International Ltd.
Operating income
CHF m 953 986 951 979 960 -2.0

Operating income

of which traffic revenue
CHF m 857 897 870 903 888 -1.7

of which traffic revenue

Operating expenses
CHF m -928 -949 -980 -978 -1,013 -3.5

Operating expenses

Operating result
CHF m 24 37 -29 1 -241

Operating result

Owing to the decline for structural reasons and the expected development, a write-down of CHF 188.7 million has also been recorded for SBB Cargo Ltd (Switzerland). Operating result before write-down is CHF −52.8 million.
Net loss for the year
CHF m 15 33 -22 1 -239

Net loss for the year

Significant decrease in earnings due to the decline for structural reasons, in particular in wagonload freight, and problems with implementing the "wagonload freight 2017" programme. Owing to the decline for structural reasons and the expected development, a write-down of CHF 188.7 million has also been recorded for SBB Cargo Ltd (Switzerland).
Freight services – key figures
 
Operating expenses per train-kilometre
CHF/train-km 35.5 31.4 31.7 30.2 30.7 1.7

Operating expenses per train-kilometre

Net tonne-kilometres per Swiss franc in operating expenses
net tonne-km/CHF 13.3 15.3 15.4 16.9 16.5 -2.6

Net tonne-kilometres per Swiss franc in operating expenses

 
Infrastructure – income statement
SBB infrastructure. Segment accounting: intra-group income and expenses not eliminated.
Operating income
CHF m 3,702 3,842 3,907 4,041 4,353 7.7

Operating income

of which revenue from use of infrastructure
CHF m 1,085 1,090 1,103 1,123 1,213 8.1

of which revenue from use of infrastructure

Operating expenses
CHF m -3,917 -4,048 -4,124 -4,282 -4,395 -2.6

Operating expenses

Operating result
CHF m -215 -205 -217 -241 -42 82.8

Operating result

Net loss for the year
CHF m -72 -66 -96 -103 100 196.9

Net loss for the year

The earnings contribution from Infrastructure Network is earmarked and is put into reserves in accordance with the Railways Act. The cash-effective earnings contribution from Infrastructure Energy is reinvested in energy installations.
Infrastructure – key figures
 
Revenue per train-path kilometre
CHF/train-path km 6.38 6.29 6.31 6.30 6.86 8.9

Revenue per train-path kilometre

Operating expenses per train-path kilometre
CHF/train-path km 14.28 14.17 14.84 14.43 14.68 1.7

Operating expenses per train-path kilometre

Net operating expenses per train-path kilometre sold.
Ratio of revenue from use of infrastructure to operating expenses
% 27.7 26.9 26.7 26.2 27.6 1.4

Ratio of revenue from use of infrastructure to operating expenses