Estimation of reasonable profit in charges for access to railroad service facilities
Using the example of passenger stations Cover Image

Szacowanie rozsądnego zysku w ramach opłat za dostęp do obiektów kolejowej infrastruktury usługowej na przykładzie stacji pasażerskich
Estimation of reasonable profit in charges for access to railroad service facilities Using the example of passenger stations

Author(s): Leszek Borowiec
Subject(s): Business Economy / Management, Transport / Logistics
Published by: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
Keywords: Reasonable profit; cost of capital; capital employed; service infrastructure facility; passenger stations;

Summary/Abstract: The purpose of the article is to interpret the definition of reasonable profit in railroad law and the author's pro- position of its calculation in the framework of fees for access to railroad service infrastructure facilities, along with the estimation of the example of passenger railroad stations. The methodology of the research includes a review of international literature and practices, reports, guidelines and recommendations published by regulatory authorities, and an indication of the implications on the methodology of estimating reasonable profit as a component of the cost of access to service infrastructure. The article proposes a method for estimating reasonable profit for entities providing rail service infrastructure facilities with the use of committed capital and its cost. The research presented shows that there is a great deal of freedom in the choice of parameters for estimating reasonable profit, especially in the estimation of committed capital. It is advisable to strengthen the role of the market regulator in determining the rules for estimating reasonable profit. Its estimated value for passenger stations is in the range of 0.5-6.3 million zlotys per year, depending on the assumptions for estimating committed capital. The article is a review, and its contribution to the development of the discipline is to point out proposals for defining and solving the basic interpretive problems that exist in the field of reasonable profit principles in determining prices for access to service facilities in the railroad company sector

  • Issue Year: 12/2024
  • Issue No: 6
  • Page Range: 70-83
  • Page Count: 14
  • Language: Polish
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