Ceske Drahy decreases its debts

Article Abstract:

Ceske drahy (CD) (Czech Republic), Czech Railways, has to go on covering its debts. The firm should decrease its debts by 2 bil Kc in 1998. CD had overdue payables of 2.5 bil Kc in the middle of 1998, a half compared to 1996. CD decreased its overdue payables by 1.6 bil Kc in 1997. The company was unprofitable in 1997. The firm saw a profit of 0.4 bil Kc from goods transport and a loss of 5.2 bil Kc from passenger transport in 1997.

Comment:

Railway transport firm plans to decrease its debts by 2 bil Kc in 1998

Financial management, Article

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Red and black

Article Abstract:

Ceske drahy (CD) (Prague, Czech Republic), Czech Railways, saw a loss of CEK 4.5 bil under a state subsidy of CEK 6.5 bil in 2000. Its cumulative loss increased to a total of CEK 30 bil from 1993.

Sales, profits & dividends, Local and suburban transit, Brief Article

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