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The year at a glance








These key financial indicators and operating statistics summarize the performance of the corporation with 1990 representing the first year of the current passenger rail network.

KEY FINANCIAL INDICATORS
(in millions of dollars)


1998

1997

1996

1995

1994

1993

1992

1991

1990
* Cash operating expenses 382.6 386.5 389.8 397.3 438.5 485.2 487.1 478.1 493.3
Total operating revenue 200.2 190.5 184.5 175.0 176.4 164.2 155.8 150.1 142.8
Government funding for:
** Operating expenses 167.2 196.0 205.3 222.3 262.1 321.0 331.3 328.0 350.3
** Capital expenditures 16.4 20.7 39.6 25.3 11.8 44.7 40.1 31.5
Reorganization charges 11.2 16.3 19.2 33.5 30.8 15.3 12.9 24.7 59.7
Total Government funding 178.4 228.7 245.2 295.4 318.2 348.1 388.9 392.8 441.5

KEY OPERATING STATISTICS
*Revenue/Cash operating
      expenses ratio (%) 52.3 49.3 47.3 44.0 40.2 33.8 32.0 31.4 28.9
Total passengers carried (000's) 3,646 3,765 3,666 3,597 3,586 3,570 3,601 3,633 3,536
Total passenger miles (000,000's) 856 884 892 859 834 820 817 820 785
Government operating funding
      per passenger mile (cents) 20.8 24.0 25.2 29.8 35.1 41.0 42.1 43.0 52.2
Train miles operated (000's) 6,325 6,482 6,472 6,219 6,524 6,515 6,483 6,247 6,365
Car miles operated (000's) 42,068 41,242 40,491 37,100 36,351 35,861 35,993 35,890 35,767
Average passenger load factor (%) 56 58 59 61 60 59 57 58 57
Average number of passenger miles
      per train mile 135 136 138 138 128 126 126 131 123
On-time performance (%) 81 84 84 86 87 90 90 90 88
Number of employees at year-end 2,952 2,969 3,000 3,178 3,718 4,131 4,478 4,402 4,525
* Cash operating expenses exclude amortization of properties and reorganization charges.
** Asset Renewal Fund drawdown of $33.5M including $18.3M for capital expenditures and $15.2M for operating expenses as disclosed in note 6 of the Financial Statements.



Photo : Christian Fleury (seated l to r): John Marginson, Vice-President, Equipment Maintenance; J. Roger Paquette, Vice-President, Planning and Finance, and Treasurer; and Mike Greenberg, Vice-President, Procurement and Real Estate.

(standing l to r): Marc LeFrançois, Chairman of the Board; Christena Keon Sirsly, Vice-President, Marketing and Information Services; Rod Morrison, President and Chief Executive Officer; Paul Côté, Vice-President, Customer Services; Michael Gushue,Vice-President, Business Development and Corporate Affairs; and Steve Del Bosco, Vice-President, Service Delivery.



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