- FINANCIAL POSITION 2010-11
- FINANCIAL PERFORMANCE 2010-11
- INFORMATION TECHONOLOGY
ORGANISATIONAL
CHART OF OPEN LINE ACCOUNTS - HQRS
FINANCIAL POSITION 2010-11
EARNINGS:
The year 2010-11 reported a decrease of 10.63% in Originating Earnings (Rs.4086.47 crores) compared to the previous year’s figure of Rs. 4572.78 crores. The apportioned earnings (Rs.2866.59 crores) however registered only a marginal decrease of Rs.13.26 crores during 2010-11 compared to the previous year’s earnings of Rs.2879.85 crores.
The Budget Grant for ‘Originating Earnings' 2010-11 for South Western Railway was Rs. 5431.22 crores.
In Passenger segment, the Originating Earnings stood at Rs. 1079.34 crores registering an increase of 12.81% over 2009-10 figure of Rs. 956.77 crores. Where as, apportioned earnings of the Zonal Railway was Rs. 2866.59 crores, as against the final target of Rs. 2935.34 crores to end of March’2011.
Working Expenses
The Final Grant for 2010-11 was Rs. 2101.72 crores. Even after exercising strict financial discipline, the Ordinary Working Expenses exceeded the grant by Rs. 77.68 crores. This was Rs. 112.86 crores over the actuals of the corresponding period of previous year 2009-10.
The Operating Ratio was anticipated by Railway Board at 92.84% at Final Grant level as compared to last year’s (2009-10) performance of 90.58%. This Railway ended with an operating Ratio of 97.78% during 2010-11. This is due to adverse impact on earnings and expenditure front.
Plan expenditure
Under Plan Expenditure, the initial Budget allotment was Rs. 831.12 crores. Further, it was revised downward to Rs. 806.37 crores. The Revised Grant of Rs. 834.78 crores, was reduced at the final Grants stage to Rs. 788.43 crores where as the year ended with an actual of Rs. 871.47 crores, registering an excess of 10.53% over Final Grant. This excess is mainly under Track Renewals (PH-31) and Signaling Works (PH-33).
FINANCIAL PERFORMANCE 2010-11
South Western Railway generated a surplus of Rs. 687.19 crores during the year 2010-11 compared to Rs. 813.31 crores of 2009-10. Actual Working expenditure for the year ended 31st March 2011 was Rs. 2179.40 crores and the Operating Ratio stood at 97.78% for this Railway. The Operating Ratio and the surplus generated on this Railway are shown below.
(Amount in Crores of Rupees)
Year | 2003-04 | 2004-05 | 2005-06 | 2006-07 | 2007-08 | 2008-09 | 2009-10 | 2010-11 |
Operating Ratio | 91.35% | 86.14% | 80.97% | 74.01% | 69.24% | 77.11% | 90.58% | 97.78% |
Surplus generated | 332.68 | 418.31 | 666.67 | 919.42 | 1219.08 | 1266.57 | 813.31 | 687.19 |
FINANCIAL POSITION 2011-12
The financial performance of this Railway highlighting achievements for the period ending October’11 is detailed below:-
I.EARNINGS (OCTOBER’11):-
lThe Originating Passenger Earnings to end of October’11 is Rs. 655.30 crores as against the corresponding period of last year of Rs. 605.95 crores, registering an increase of Rs. 49.35 crores. i.e. 8.14 %increase over last year.
lOriginating Other Coaching Earnings to end of October’11 is Rs. 76.62 crores compared to the corresponding period of last year of Rs. 70.31 crores. Earnings are more by Rs. 6.31 crores. i.e. 8.97 %increase over last year.
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lOriginating Sundry Earnings to end of October’11 is Rs. 34.56 crores compared to the corresponding period of last year of Rs. 22.72 crores. Earnings are more by Rs. 11.84 crores i.e. 52.11%increase over last year.
lOriginating Goods Earnings to end of October’11 is Rs. 1217.70 crores, down by Rs. 521.61 crores over last years corresponding figures of Rs. 1739.31 crores due to the continuing ban on Iron ore loading for export i.e. 29.99% decrease over last year
lThe Total Originating Earnings to end of October’11 was Rs. 1984.18 crores as against Rs. 2438.29 crores for October’10, showing a decrease of Rs. 454.11 crores.
l2.04 MT originating freight traffic was loaded during October’11, as compared to 2.96 MT during the corresponding period of last year i.e. 31.08% decrease over last year.
lA total of 121 Steel rakes were loaded from JSWT during Oct’11 as compared to that of 109 rakes during the corresponding period of previous year, thus achieving an improvement of 11% over the same period of previous year.
lA total of 141 rakes (including all commodities) were loaded at JSWT during Oct’11 as compared to that of 120 rakes during the same period of previous year, showing an improvement of 17.5%.
lA total of 593 (inward/outward) rakes were dealt at JSWT during Oct’11 as compared to 497 rakes during Oct’10, showing an improvement of 19.32%.
l18 Millennium rakes were loaded during October 2011, compared to 15 Millennium rakes during October 2010.
II. APPORTIONED EARNINGS:-
The Apportioned Earnings upto end of October’11 stands at Rs.1599.98 crores as against Rs.1597.68 crores to end of October’10.
III. EXPENDITURE:-
1. Working Expenses:-
The Budget Grant under Ordinary Working Expenses for the year 2011-12 is Rs. 2262.23 crores and Operating Ratio is anticipated at 90.11%.
The approximate working expenses excluding suspense to end of October’11 is Rs. 1445.13 crores as against BP (Budget Proportionate) on SL (Spending Limit) of Rs. 1396.56 crores which works out to 103.48%. The Operating Ratio is 115.55 to end of October’11.
2. Plan Head Expenditure:-
The Plan Head expenditure to end of October’11 is Rs. 481.93 crores (gross basis/approx.) as against the BG of Rs.1245.39 crores for the year 2011-12 (amounting to 38.70% of BG).
INFORMATION TECHONOLOGY
·PRIME & AFRES Modules implemented all over SW Railways.
·IT functions of other wings like Stores with MMIS applications, Traffic Accounts- FAS (Freight Access System), CTR and Advanced Earnings in Statistics Department are running successfully.
·Hubli division has introduced Single Window System for registration of various proposals and touch screen KIOSK for queries related to PF, Salary Bills, and Contractors Bills etc.
·Implementation of various modules of IPMS (Integrated Project Management System) is under progress.
