RAIL SYSTEM INVESTMENT ANALYSIS: MANUAL FOR DETERMINING RETURN FROM THE INDIVIDUAL CORPORATE PERSPECTIVE

The manual is addressed to railroad employees responsible for conducting financial analyses of projects proposed for inclusion in a railroad's capital budget. Parts of the manual, such as the executive introduction, will also be of interest to the railroad officials who review such analyses and make decisions based on them. The recommended procedures take the best features of the approaches currently being used on 13 railroads cooperating with the study. The recommended procedures have been carefully checked for theoretical soundness, and have been tested on several dozen actual railroad investments. The recommended procedures are consistent with the Federal Railroad Administration's regulations governing rate of return computations in applications for federal aid under Title V of the Rail Revitalization and Regulatory Act of 1976.

• Supplemental Notes:
  • See also PB80-214935. Prepared in cooperation with Banks (R. L.) and Associates, Inc., Washington, DC.
• Corporate Authors:

  Ernst and Whinney

  1225 Connecticut Avenue, NW
  Washington, DC  United States  20036

  Asst Secretary for Policy & International Affairs

  400 7th Street, SW
  Washington, DC  United States  20590
• Publication Date: 1979-10

Media Info

• Pagination: 189 p.

Subject/Index Terms

• TRT Terms: Analysis; Budgeting; Cash flow; Depreciation; Discount; Economic analysis; Expenses; Finance; Financial capital; Government funding; Hazards; Investments; Locomotives; Management; Operating costs; Profitability; Profits; Railroad transportation; Railroads; Return on investment; Risk assessment; Taxes
• Uncontrolled Terms: Discounted cash flow; Financial management
• Old TRIS Terms: Analytical techniques; Fixed investment
• Subject Areas: Administration and Management; Economics; Finance; Railroads; Safety and Human Factors;

Filing Info

• Accession Number: 00326029
• Record Type: Publication
• Source Agency: National Technical Information Service
• Report/Paper Numbers: DOT-P-10-79-27 Final Rpt.
• Contract Numbers: DOT-OS-60097
• Files: NTIS, TRIS
• Created Date: Nov 19 1981 12:00AM