Net income of Kazakhstan Temir Zholy RSE in 2001 totaled KZT18 billion

/Kazakhstan today, Feb 5, 02/ - Based on operating data, net income of Kazakhstan Temir Zholy RSE in 2001 totaled about KZT18bn, informed to journalists on Monday in Astana during press conference the general director of KTZ RSE Baurzhan Baimukhanov. Based on his words, "actually, all this amount was directed into investments". "This money are enough only for capital renewal of railroads and even in those sectors where there is a crucial depreciation," explained Baimukhanov. At the same time he emphasized that in 2000 income of the company was KZT8.7bn. Increase of income was achieved mainly due to "optimization of expenditures, separation and segmentation of the enterprise etc.," the General director of RSE thinks. Therefore, " an active work is being held on cleaning up from all assets, which do not serve the primary activity - transportation".