TCDD Damaged 5 Billion TL in the Last 11,7 Years

TCDD Damaged 5 Billion TL in 11,7 Years
TCDD Damaged 5 Billion TL in 11,7 Years

TCDD, which made a loss of 2018 billion TL in 2,5, reached the same amount in loss in 2019. TCDD's total loss in the last 5 years reached 11,7 billion TL.

According to the report of Emre Deveci from SÖZCÜ; "The Republic of Turkey General Directorate of State Railways (TCDD) net loss in 2019 was 2 billion 547 million TL.

According to the data of public enterprises reports published by the Ministry of Treasury and Finance, the total loss of TCDD has reached 5 billion TL in the last 11,7 years and 10 billion TL in the last 17,3 years.

DEBT RISE TO 7,3 BILLION TL

While TCDD's revenues increased by 2019 percent in 34,4 compared to the previous year, it increased to 1 billion 183 million TL, while the cost of sales increased by 21,1 percent to 2 billion 831 million TL. When the operating expenses of 853 million TL are added, TCDD's operational loss in 2019 reached 2 billion 503 million TL.

The financial expense of the institution for 2019 was announced as 341 million TL.

TCDD's total debt also increased from 6,5 billion TL to 7,3 billion TL.

The number of personnel of the organization reached 2019 thousand 240 in 14, with a decrease of 23 compared to the previous year.

2019 BILLION TL TRANSFER FROM THE BUDGET IN 10,6

The money transferred from the central government budget in 2019 to cover the investment expenditures and losses of TCDD reached 10,6 billion TL.

In this context, the resource transferred to TCDD from the budget has reached 5 billion TL in the last 39,7 years and 10 billion TL in the last 60,7 years.

2019 BILLION TL INVESTMENT IN 6,4

Investment expenditures of the organization in 2019 were 6,4 billion TL. The total investment expenditures reached 5 billion TL in the last 27,8 years and 10 billion TL in the last 42,6 years.

6461 Turkey No. Railway Law on the Deregulation of Transportation Article 5 of the Transportation of investments under and Infrastructure Ministry of unfunded provision, replacing the 17 dated and 1 numbered Law of the 2019nd article of the investments within the scope of this article finance Treasury and was transferred to the Ministry of Finance.

Thus, resources are regularly transferred from the budget of the Ministry of Treasury and Finance to the Organization in order to meet the investments and non-investment financing needs of the organization.

In this sense, TCDD continued to be the most transferred institution in 2019 within the total SEE system.

TOTAL LINE LENGTH 12 THOUSAND 803 KM

As of the end of 2019, TCDD has 9.194 km of conventional line, including 2.396 km of conventional main line and 11.590 km of secondary line, and a total of 1.213 km of railway line with 12.803 km of High Speed ​​Train line.

5.753 km of these main lines are electrified and 6.382 km are signaled. The electrical and signal line proportions within the total road length are 45% and 50%, respectively.

CUSTOMIZED UNDER CUSTOMIZATION

No. 24 date 04 and Turkey "Law on the Liberalization of Railway Transport" with Turkish State Railways, "Railway infrastructure operators" were restructured.

In the statement made at the beginning of this year, TCDD stated that "TCDD Tasimacilik AS will end its public service obligation at the end of this year, the said service will be performed by the railway train operator who won the tender by open tender procedure in 2021"

Armin

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    Comment

    1. It is said that YHT carries a lot of passengers. It is said that the freight transport has increased with block trains. Many trains have been canceled. But still the damage is still damage, the incompetence of the top management.

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