2010 Statement of Income Jungfrau Railway Holding AG

20.04.2011

1. January - 31. December	2010	2009
(in thousand CHF)

Operating income
Transportation revenue	104'205	102'172
Subsidies	8'325	8'213
Energy sales	4'521	4'388
Shop sales	3'305	3'238
Catering and accomodation	940	1'605
Rental income	5'415	5'147
Other income	11'903	9'521
Total operating income	138'614	134'284

Operating expenses
Personal costs	-46'569	-47'080
Purchase of energy	-2'124	-1'690
Cost of goods sold	-1'425	-1'630
Other operating expenses	-36'332	-32'674
Total operating expenses	-86'450	-83'074

EBITDA	52'164	51'210

Depreciation
Depreciation of tangible assets	-22'797	-22'693
Depreciation of intangible assets	-387	-382
Total depreciation	-23'184	-23'075

Operating profit / EBIT	28'980	28'135

Financial income/expenses
Financial income	328	292
Income from associated companies	465	-46
Financial expenses	-213	-550
Financial income/expenses	580	-304

Income before tax / EBT	29'560	27'831
Income and capital taxes	-6'392	-5'295

Net profit after minority interests	23'168	22'536
Minority interests	-520	-398

Net profit after minority interests	22'648	22'138

Jungfrau Railways