Receivables as at December 31, 2014 were RUB 9.2 billion.
The receivables due from buyers and customers (except for transportation) as at end of 2014 were RUB 0.8 billion. The largest share was receivables for repair and maintenance of rolling stock amounting to RUB 0.39 billion, or 48.7%, and for lease of rolling stock and immovable property of RUB 0.22 billion, or 27.5%.
The receivables due from buyers and customers for passenger transportation services as at December 31, 2014 made up RUB 1.2 billion. The debt is in line with the conditions of relevant agreements.
Actual receivables due under advances as at December 31, 2014 were RUB 0.5 billion.
The payables as at end of December 2014 grew year-on-year by a mere of RUB 0.2 billion to RUB 27.8 billion.
Actual payables to suppliers and contractors as at December 31, 2014 amounted to RUB 10.9 billion, including payables to JSC Russian Railways and its subsidiaries of RUB 4.3 billion and to third parties of RUB 6.6 billion with RUB 0.001 billion overdue.
As payables are significantly above the receivables, the Company can use payables as an additional source of financing.
| Indices | December 31, 2012 | December 31, 2013 | December 31, 2014 | YOY change 2014 vs 2013 |
|---|---|---|---|---|
| Buyers and customers (except for transportation) | 0.6 | 1.0 | 0.8 | –0.2 |
| Buyers and customers (for transportation) | 1.3 | 2.0 | 1.2 | –0.8 |
| Advances | 0.4 | 0.6 | 0.5 | –0.1 |
| Taxes and duties | 3.6 | 3.1 | 3.3 | 0.2 |
| Other receivables | 2.2 | 1.6 | 3.4 | 1.8 |
| TOTAL | 8.2 | 8.3 | 9.2 | 0.9 |
| Indices | December 31, 2012 | December 31, 2013 | December 31, 2014 | YOY change 2014 vs 2013 |
|---|---|---|---|---|
| Debt due to suppliers and contractors | 10.9 | 9.5 | 10.9 | 1.4 |
| Payroll and other transactions with accountable person in arrears | 2.1 | 2.1 | 1.7 | –0.4 |
| Social insurance | 0.9 | 0.8 | 0.6 | –0.2 |
| Taxes and duties | 0.9 | 0.8 | 1.5 | 0.7 |
| Advances for other activities | 0.3 | 0.3 | 0.4 | 0.1 |
| Advances for transportation | 7.7 | 8.4 | 8.5 | 0.1 |
| Other payables | 6.9 | 5.7 | 4.1 | –1.6 |
| Total | 29.7 | 27.6 | 27.8 | 0.2 |
| Indices | December 31, 2012 | December 31, 2013 | December 31, 2014 |
|---|---|---|---|
| Changes in receivables, RUB bn | –2.4 | + 0.1 | + 0.9 |
| Changes in payables, RUB bn | + 4.3 | –2.1 | + 0.2 |
| Receivables growth / reduction rates, % | 77.6 | 101.7 | 110.4 |
| Payables growth / reduction rates, % | 117.1 | 93.0 | 100.7 |
| Days receivables outstanding | 14 | 13 | 15 |
| Days payables outstanding | 41 | 36 | 37 |
| Payables and receivables ratio | 0.28 | 0.30 | 0.33 |