27 January 2000
Ten-year statistics
 

FINANCIAL (HK$ MILLION)

1999

1998

1997

1996

1995

Profit and Loss Account

Revenue from operations

4,426

4,137

3,718

3,294

2,973

Operating profit before depreciation

2,249

2,032

1,769

1,471

1,276

Net borrowing costs / (net investment income)

(222)

(164)

(20)

45

25

Profit on property development

71

88

2,308

2,468

24

Net profit

 

 

 

  

 

Before property development & related profits tax

1,832

1,565

1,325

1,020

881

After property development

1,903

1,639

3,263

3,077

901

Distribution to Government

-

-

-

300

-

 
Balance Sheet

Total assets

58,291

31,945

15,866

13,544

10,175

Net current assets / (liabilities)

9,857

8,663

(674)

(315)

(952)

Long-term debts

8,299

-

-

-

-

Insurance provision

215

198

194

183

165

Deferred income

304

171

121

570

311

Equity

46,588

30,253

14,317

11,163

8,263

 
Key financial data

Capital expenditure

8,444

3,286

3,582

2,538

2,065

Average net fixed assets*

19,261

15,042

12,525

9,912

7,867

Return on average net fixed assets (%)

 

 

 

 

 

Before property development & related profits tax

10

10

11

10

11

After property development

10

11

26

31

11

Return on equity (%)

4

5

23

28

11

Revenue per employee

0.966

0.987

0.997

0.938

0.850

Total debts

8,299

-

-

-

608

Debt / equity ratio

1:5.6

-

-

-

1:13.6

Net borrowing costs cover

-

-

-

79

38

*Including construction in progress.
Certain comparative figures have been restated to conform to current year's presentation.

 
Ten-Year Statistics

FINANCIAL (HK$ MILLION)

1994

1993

1992

1991

1990

Profit and Loss Account
Revenue from operations

2,668

2,417

2,150

1,849

1,591

Operating profit before depreciation

1,087

898

830

737

519

Net borrowing costs / (net investment income)

4

48

50

66

90

Profit on property development

705

963

28

60

419

Net profit

 

 

 

 

 

Before property development & related profits tax

701

516

495

413

203

After property development

1,323

1,311

523

473

622

Distribution to Government

-

160

150

140

125

 
Balance Sheet
Total assets

9,239

7,824

6,681

6,090

5,451

Net current assets / (liabilities)

351

182

(221)

(171)

(199)

Long-term debts

500

500

605

861

824

Insurance provision

161

140

115

113

93

Deferred income

263

274

510

319

313

Equity

7,420

6,098

4,587

4,136

3,685

 
Key financial data
Capital expenditure

1,118

800

655

609

420

Average net fixed assets*

6,677

5,963

5,568

5,234

5,036

Return on average net fixed assets (%)

 

 

 

 

 

Before property development & related profits tax

10

9

9

8

4

After property development

20

22

9

9

12

Return on equity (%)

18

21

11

11

17

Revenue per employee

0.774

0.712

0.633

0.555

0.488

Total debts

500

539

894

974

936

Debt / equity ratio

1:14.8

1:11.3

1:5.1

1:4.2

1:3.9

Net borrowing costs cover

371

32

12

8

8

*Including construction in progress. Certain comparative figures have been restated to conform to current year's presentation.
 
Ten-Year Statistics

OPERATING (MILLION)

1999

1998

1997

1996

1995

East Rail
Electric Multiple Unit operations

Total number of passengers

275

269

261

247

232

Domestic

200

204

206

199

189

Cross-boundary

75

65

55

48

43

Daily average number of passengers

0.755

0.737

0.716

0.675

0.636

Revenue car-km operated

72.58

71.40

69.33

69.69

69.30

Total passenger-km travelled

4,263

4,204

4,115

3,853

3,591

Average car occupancy (%)

37.0

37.2

36.3

34.0

31.9

HK$ per car-km operated

 

 

 

 

 

- Fare revenue

42.86

40.46

37.23

32.27

28.23

- Operating costs excluding depreciation*

17.22

17.39

15.95

14.75

13.68

- Operating result

25.64

23.07

21.28

17.52

14.55

HK$ per passenger carried

 

 

 

 

 

- Fare revenue

11.29

10.74

9.89

9.11

8.43

- Operating costs excluding depreciation*

4.55

4.62

4.24

4.16

4.09

- Operating result

6.74

6.12

5.65

4.95

4.34

Safety performance (unit)

 

 

 

 

 

Number of passengers & public injured

186

168

157

153

163

Passengers & public injured per million

 

 

 

 

 

passengers carried

0.67

0.62

0.60

0.62

0.71

 
Through Train operations

Total number of passengers

1.7

1.4

1.5

1.8

2.1

 
Light Rail **

Total number of passengers

115

114

126

125

123

Daily average number of passengers

0.314

0.314

0.346

0.342

0.336

Revenue car-km operated

10.25

10.29

9.66

9.42

9.10

HK$ per car-km operated

 

 

 

 

 

- Fare revenue

40.00

39.65

40.48

39.49

36.70

- Operating costs excluding depreciation

44.78

43.93

46.17

46.39

42.97

- Operating result

(4.78)

(4.28)

(5.69)

(6.90)

(6.27)

HK$ per passenger carried

 

 

 

 

 

- Fare revenue

3.58

3.56

3.10

2.97

2.72

- Operating costs excluding depreciation

3.99

3.96

3.54

3.50

3.18

- Operating result

(0.41)

(0.40)

(0.44)

(0.53)

(0.46)

Safety performance (unit)

 

 

 

 

 

Number of passengers & public injured

51

42

73

86

55

Passengers & public injured per million

 

 

 

 

 

passengers carried

0.44

0.37

0.58

0.69

0.45

*Excluding certain fixed assets written off of $104 million in 1990, $23 million in 1993, $16 million in 1994, $11 million in 1995, $3 million in 1996, $1 million in 1997, $7 million in 1998 and $1 million in 1999.

**Light Rail commenced operation on 18 September 1988 (excluding Light Rail feeder bus data).

 
Ten-Year Statistics (continued)
OPERATING (MILLION)

1994

1993

1992

1991

1990

East Rail
Electric Multiple Unit operations

Total number of passengers

220

206

198

189

179

Domestic

180

169

163

158

152

Cross-boundary

40

37

35

31

27

Daily average number of passengers

0.604

0.566

0.540

0.517

0.491

Revenue car-km operated

67.84

65.37

67.80

67.77

54.48

Total passenger-km travelled

3,411

3,172

3,029

2,828

2,455

Average car occupancy (%)

30.8

29.6

27.6

26.7

28.9

HK$ per car-km operated

- Fare revenue

26.12

24.80

21.24

18.39

19.59

- Operating costs excluding depreciation*

13.15

13.63

12.04

10.36

11.20

- Operating result

12.97

11.17

9.20

8.03

8.39

HK$ per passenger carried

- Fare revenue

8.05

7.87

7.29

6.61

5.96

- Operating costs excluding depreciation*

4.05

4.33

4.12

3.71

3.41

- Operating result

4.00

3.54

3.17

2.90

2.55

Safety performance (unit)

Number of passengers & public injured

149

141

122

107

84

Passengers & public injured per million

passengers carried

0.68

0.69

0.62

0.57

0.47

 
Through Train operations
Total number of passengers

2.5

2.9

2.7

2.5

2.3

 

Light Rail **

Total number of passengers

117

107

92

82

73

Daily average number of passengers

0.320

0.292

0.252

0.225

0.201

Revenue car-km operated

8.61

8.31

6.39

5.83

5.84

HK$ per car-km operated

- Fare revenue

34.61

32.25

33.80

30.02

24.49

- Operating costs excluding depreciation

39.72

37.42

38.65

33.10

28.42

- Operating result

(5.11)

(5.17)

(4.85)

(3.08)

(3.93)

HK$ per passenger carried

- Fare revenue

2.55

2.51

2.33

2.13

1.95

- Operating costs excluding depreciation

2.92

2.91

2.68

2.35

2.27

- Operating result

(0.37)

(0.40)

(0.35)

(0.22)

(0.32)

Safety performance (unit)

Number of passengers & public injured

89

80

74

89

63

Passengers & public injured per million

passengers carried

0.76

0.75

0.80

1.08

0.86

*Excluding certain fixed assets written off of $104 million in 1990, $23 million in 1993, $16 million in 1994, $11 million in 1995, $3 million in 1996, $1 million in 1997, $7 million in 1998 and $1 million in 1999.

**Light Rail commenced operation on 18 September 1988 (excluding Light Rail feeder bus data).

 
Ten-Year Statistics

OPERATING (MILLION)

1999

1998

1997

1996

1995

Bus

Total number of passengers

East Rail feeder bus

-*

21

21

21

21

Light Rail feeder bus

13

13

15

14

12

Residential coach & others

3

4

3

3

3

 

16

38

39

38

36

 

Bus-km operated

5.17

6.03

5.84

5.99

5.84

 

Safety performance (unit)

Number of passengers & public injured

4

14

23

18

16

Passengers & public injured per million

passengers carried

0.12

0.37

0.59

0.47

0.44

 
Freight

Freight volume

Southbound goods (tonnage)

0.7

0.7

0.9

1.2

1.8

Northbound goods (tonnage)

0.5

0.5

0.6

0.8

0.9

Livestock (head)

1.2

1.3

1.4

1.5

1.6

 
Employees at year end (number)

East Rail

1,881

1,879

1,845

1,841

1,863

East Rail Extensions

118

15

-

-

-

Light Rail

913

903

892

872

859

West Rail

681

459

163

10

-

Bus

275

271

271

275

269

Freight

110

116

113

118

122

Property

68

61

39

29

30

Corporate & other services

536

486

408

367

353

 

4,582

4,190

3,731

3,512

3,496

*With effect from May 1999, the East Rail feeder bus services were operated by Kowloon Motor Bus (1933) Company Limited.Hence the number of passengers carried by these services have been excluded from KCRC's operating statistics.
 
Ten-Year Statistics (continued)

OPERATING (MILLION)

1994

1993

1992

1991

1990

Bus

Total number of passengers

 

 

 

 

 

East Rail feeder bus

21

21

20

20

16

Light Rail feeder bus

12

11

14

14

12

Residential coach & others

2

1

-

-

-

 

35

33

34

34

28

 

Bus-km operated

5.66

4.74

4.87

4.92

4.83

 

Safety performance (unit)

 

 

 

 

 

Number of passengers & public injured

16

19

11

10

24

Passengers & public injured per million

 

 

 

 

 

passengers carried

0.46

0.58

0.32

0.29

0.86

 
Freight

Freight volume

 

 

 

 

 

Southbound goods (tonnage)

2.1

2.3

2.8

3.2

3.3

Northbound goods (tonnage)

1.1

1.2

1.2

1.0

1.1

Livestock (head)

1.7

1.8

1.9

1.9

2.0

 
Employees at year end (number)

East Rail

1,873

1,873

1,920

1,905

1,878

East Rail Extensions

-

-

-

-

-

Light Rail

830

791

732

668

602

West Rail

-

-

-

-

-

Bus

244

245

256

255

237

Freight

120

121

130

126

121

Property

30

26

27

22

21

Corporate & other services

350

341

329

358

399

 

3,447

3,397

3,394

3,334

3,258