Ratings and Performance Highlights

Operating Indicators 2017 2018 2019 2020 6M 2020 6M 2021
Freight turnover, mln. tones-kilometers 2,930 2,571 2.909 2 895 1 494 1 658
Passenger turnover, mln. passenger-kilometers 597 634 677 247 126 78

Financial Highlights 2017 2018 2019 2020 6M 2020 6M 2021
Revenue mln. Gel 434,534 424,614 491,038 489 370 245 332 277 627
EBITDA 211,851 172,322 223,178 218 962 114 171 128 699
Adjusted EBITDA 181,425 156,846 216,224 211 741 111 971 126 782

Credit Ratings

First issued LT Outlook ST Last issued LT Outlook ST
Standard & Poor's 2010 B+ Stable B 2020 B+ Negative B
Fitch Ratings 2010 B+ Stable B 2021 BB- Stable B

Standard and Poor`s Fitch
Date LT Outlook ST Date LT Outlook ST
Aug-21 BB- Stable B
Jun-20 B+ Negative B May-20 BB- Negative B
Apr-19 B+ Positive B Mar-19 BB- Stable B
Sep-18 B+ Stable B Nov-18 B+ Positive B
Sep-17 B+ Negative B Jan-17 B+ Stable B
Sep-16 B+ Stable B Sep-16 BB- Negative B
Mar-12 BB- Stable B Dec-14 BB- Stable B
Jun-10 B+ Stable B Nov-13 BB- Negative B
Dec-11 BB- Stable B
Mar-11 B+ Positive B
May-10 B+ Stable B