JSC TransContainer reported audited consolidated earnings results for the year ended December 31, 2011. For the year, the company reported revenue of RUB 30,876 million against RUB 22,841 million for the same period last year. Operating income was RUB 5,735 million against RUB 2,093 million for the same period last year. Profit before income tax was RUB 5,030 million against RUB 1,342 million for the same period last year. Profit for the year attributable to equity holders of the parent was RUB 3,810 million against RUB 928 million for the same period last year. Adjusted revenue was RUB 22,701 million against RUB 16,502 million for the same period last year. EBITDA was RUB 8,448 million against RUB 4,427 million for the same period last year. Net debt as at December 31, 2011 was RUB 6,107 million against RUB 5,735 million as at December 31, 2010. Net cash provided by operating activities was RUB 5,779 million against RUB 3,653 million for the same period last year. Capital expenditures increased by RUB 198 million, or 4.9%, from RUB 4,046 million for the year ended December 31, 2010 to RUB 4,244 million for the year ended December 31, 2011. The majority of the capital expenditure was on the acquisition of 910 units of 80' flatcars. The company provided capital expenditure guidance for the year 2012. The total capital expenditure budget for 2012 is up to RUB 7.1 billion (excluding VAT), of which up to RUB 5.1 billion may be spent on the acquisition of new flatcars and containers (including purchases resulting from the termination of financial lease contracts); up to RUB 1.2 billion may be invested to upgrade and modernize the company's key rail-side terminals and up to RUB 365 million may be spent on the acquisition of lifting equipment.