ECONOMIC BALANCE SHEET

To improve rail passenger services in the large conurbations, it is necessary to undertake certain operations, or carry out certain projects. The term operation (or project), is understood to mean an investment and operational programme. The economic balance sheet must enable a reply to be given to the following questions: (a) Financial justification of the operation: is the operation envisaged worth the trouble, or is it worth-while from an economic point of view? (b) Choice of the optimum date for carrying out the operation: should, from the economic point of view, the proposed investment be made immediately, or at what date in the future? (c) Choice between various alternatives for an operation: of a number of alternatives for the same operation which arise, which is to be preferred from an economic point of view? (d) Classification of several operations which it is possible technically to carry out simultaneously, which are those to which preference should be given from an economic point of view?

  • Corporate Authors:

    International Railway Congress Association

    17-21 rue de Louvrain
    1000 Brussels,   Belgium 
  • Authors:
    • BAUMGARTNER, J P
  • Publication Date: 1973-1

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00053734
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Apr 26 1982 12:00AM