Carex Business Plan - ROISSY CAREX · CAREX EC73-3 DP 005 revB Projet CAREX –Steeringcommittee15 may2008 octobre 2008 – 1 © 2007-2008 Groupe Elcimaï. Carex Business Plan Steeringcommitteen°4

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CAREXEC73-3 DP 005 rev B Projet CAREX –Steering committee 15 may 2008

octobre 2008 – 1© 2007-2008 Groupe Elcimaï.

Carex Business PlanCarex Business Plan

Steering committee n° 4

15 may 2008

Update : October 2008

Carex Business Plan – May 2008 – Update : October 2008Carex Business Plan – May 2008 – Update : October 2008

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SummarySummary

� Introduction

� Description of the scenarios

� Presentation of the results

� Analysis


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� This document is establishing the results of the scenarios

which have been selected during the 10th april 2008 steering

committee

� Some Hypothesis have been standed on the infrastructure

“railports” investment. It’s a first estimation while waiting

for detailed studies

� The proceeds and the different costs includes in this

document correspond to a first approach

� The figures comes from the Business Plan Tool “rev C”

Description of the surveyed scenario Description of the surveyed scenario


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� Hypothesis and results presentation

A 4 steps methods étapesA 4 steps methods étapes

� Roissy CarexCouncil has validate the business plan software

� Phase 1 :

� Economical set identification

� Services, flows and sales prices definition

� Links between purchaser and suppliers

� Phase 2 :

� Management rules

� Cost calculation

� Business tools model

� Phase 3 :

� BP software development

� Possible Scenario

� Phase 4 :

� scenarios analysis


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SummarySummary

� Introduction


� Presentation of the result

� Analysis


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List of the earlier selected scenarioList of the earlier selected scenario

� N°1 : making balance between the cost and the sales

proceeds (see previous document) on the base of the

flows (200 000 air pallets AMJ in 2012)

� N°2 : Flows growing scenario – 80% systematic filling

rate

• the 80% rate have been applied on each travel/haul

• London and Lyon was previously at 81 et 83 % in the

first scenario N°1

� N° 3 : Sales price target scenario : Canceled

• Roissy Carex hasn’t received enough information from

the transport operators


.



Flows and transport organisationFlows and transport organisation

Evolution des Flux

0

50000

100000

150000

200000

250000

300000

350000

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

année

Pal

ette

s

200 000 equivalent pallets in 2012

Growing of the flow : 57 % - or 4,8 % in per year , in average

330 000 in 2021

� Scenario 1 :

Balancing costs/ turnover

� Scenario 2 : Flows growing scenario , fill up the train at 80%

70.000 pallets more can be transported in 2012

The rising of the flow is 37 % in 10 years , following the rise of the number of train.

20 trains are uses in 2012 and 26 in 2021

Evolution des Flux

200 000

250 000

300 000

350 000

400 000

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

année

Pal

ette

s

270 000 pallets i 2012

370 000 in 2021


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Répartition Express - CargoRépartition Express - Cargo

� Scenario 1

Flux annuels Express-Cargo

100 000

120 000

140 000

160 000

180 000

200 000

220 000

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Express

Cargo

� Scenario 2

Flux annuels Express-Cargo

80 000

100 000

120 000

140 000

160 000

180 000

200 000

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Express

Cargo

Annual flow express and cargoAnnual flow express and cargo

Annual flow express and cargoAnnual flow express and cargo


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Evolution des flux par Railport, hors CDG

0

10 000

20 000

30 000

40 000

50 000

60 000

70 000

80 000

90 000

LHR AMS LGG CGN FRA LYS

2012

2021

Flow per RailportsFlow per Railports

Evolution des flux par Railport, hors CDG

0

10 000

20 000

30 000

40 000

50 000

60 000

70 000

80 000

90 000

LHR AMS LGG CGN FRA LYS

2012

2021

� Scenario 1

� Scenario 2 répartition des flux par railport

LHR; 16%

AMS; 21%

LGG; 9%CGN; 13%

FRA; 17%

LYS; 24%

� AMS has a maximum increasing between sc1 and Sc 2

répartition des flux par railport

LHR; 20%

AMS; 15%

LGG; 7%CGN; 14%FRA; 16%

LYS; 28%

flow per railportflow per railport

flow per railportflow per railport


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Scénario : The hypothesisScénario : The hypothesis

� Decision of the previous steering committee

� All the flow comes to and start from CDG Nord Ouest, without any influence on the flows.

� Financial

� Eurocarex purchase the slots

� The train will be purchased by the railway operators

� Standard service on the railport

� Investment

� Lyon Saint Exupery = 31,2 M€� Land : 0,6 M€

- Building : 12,8 M€

- Railway junction : 17,8 M€

� CDG North west = 44,8 M€- Land : 0,6 M€

- Building : 12,8 M€

- Railway junction : 31,4 M€

� Francfort, Cologne, London, Amsterdam, et Liège= 32 M€ per railport

Cf étude

Ordre de grandeur

Cf étude


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SummarySummary

� Introduction



� Analysis


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Evolution du Coût moyen à la palette

300

350

400

450

500

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021en

€ p

ar p

alet

te

Evolution du Coût moyen à la palette

300

350

400

450

500

550

600

650

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

en €

par

pal

ette

615 €/pal en 2012

478 €/pal en 2021

450 €/pal en 2012

404 €/pal en 2021

Average cost per pallets AMJAverage cost per pallets AMJ

� The share of the facilities and the rising of the flow lead to a 30 % cost decreasing

� Those values doesn’t include any profit for the railports and for Eurocarex

� Scenario 1

� Scénario 2

� The share of the facilities and the flow helps to have a 410€/pallets in 2012

� Those values doesn’t include any profit for the railports and for Eurocarex

Average Price per yearAverage Price per year

Average Price per yearAverage Price per year


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Coûts à la palette par trajet

0100200300400

500600700800900

LHR-C

DGNO

CDGNO-LHR

AMS-C

DGNO

CDGNO-AMS

LGG-C

DGNO

CDGNO-LGG

CGN-CDGNO

CDGNO-CGN

LYS-C

DGNOCDGNO-L

YSFRA-C

DGNO

CDGNO-FRA

2012

2021

Coûts à la palette par trajet

0100200300400

500600700800900

LHR-C

DGNO

CDGNO-LHR

AMS-C

DGNO

CDGNO-AMS

LGG-C

DGNO

CDGNO-LGG

CGN-CDGNO

CDGNO-CGN

LYS-C

DGNO

CDGNO-LYS

FRA-C

DGNO

CDGNO-FRA

2012

2021

A high cost for London in comparison between

SC1 and SC2

A high cost for London in comparison between

SC1 and SC2

LGGLHR AMS CGN LYS FRA

� Scenario 1

� Scenario 2

LGGLHR AMS CGN LYS FRA

� The differences between the coste comes from

� The part of single train and double train

� Slot price

� The London travel is emptier ( 80% ) than the Sc1 ( 83%)

Haul Cost per palletHaul Cost per pallet

Haul Cost per palletHaul Cost per pallet


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répartition des charges EUROCAREX en 2 012

Droit d'accès au railport

12%

prestations standards des rails

ports16%

Roulage17%

frais de structure

3%

sillons 28%

Matériel roulant loué

24%

Cost split of EUROCAREXCost split of EUROCAREX

� 124.6 millions euros of cost in 2012

� 152.0 millions euros of cost in 2021

� Scenario 2

Services

on the « Railports »

16%

Services

on the « Railports »

16%

Railway Paths

28%

Railway Paths

28%

Structure and holding cost

3%

Structure and holding cost

3%

Hauling Train exploitation cost

17%

Hauling Train exploitation cost

17%

“Railport” access

12%

“Railport” access

12%

Train rent

24%

Train rent

24%


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Pricing of the railport to EurocarxPricing of the railport to Eurocarx

� Without profit and without subsidies and local business, the railports shall sales to Eurocarex

� 36 € per pallets (scenario 2)

• Instead of 48€ (Scenario 1) for the standard services

� 1729 € par train access

• Scenario 1 and 2

refacturation des coûts plateformes

0

20

40

60

80

100

120

140

160

LHR AMS LGG CGN FRA LYS CDGNO

2012

2021

droit d'accès aux railports

0

500

1 000

1 500

2 000

2 500

3 000


2012

2021

refacturation des coûts plateformes

0

10

20

30

40

50

60

70

80

90


2012

2021

� Scénario 1

� Scénario 1


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Railports Turnover and costRailports Turnover and cost

� Accouting point

LHR AMS LGG CGN FRA LYS CDGNOSales proceedsAcces slot 1 942 1942 1942 1942 1942 1848 3192services 2 758 2693 1924 2667 2678 2796 3824spécifque service - 0 0 0 0 0 0

- 0 0 0 0 0 0local deveelppement - 0 0 0 0 0 0subsidies - 0 0 0 0 0 0TOTAL 4 700 4 635 3 866 4 609 4 620 4 645 7 016

0 0 0 0 0 0 0Costspécifque service - - - - - - - ground RP 14 15 15 15 15 15 15

Maintenance and issurance 77 76 69 76 76 96 170Taxes 216 212 165 211 211 216 312Salaries 1 613 1582 901 1558 1568 1662 2496 Railport depreciation 533 512 495 512 512 512 512Rail depreciation 465 465 465 465 465 447 786Railway junction 1 127 1127 1127 1127 1127 1065 1813Structure 47 46 39 46 46 46 70value 608 599 591 599 599 586 842tax on turnover - 0 0 0 0 0 0Total 4 700 4 635 3 866 4 609 4 620 4 645 7 016

profit 0 0 0 0 0 0 0


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insuffisances de ressources de CDG No

-5 000 000 €

-4 500 000 €

-4 000 000 €

-3 500 000 €

-3 000 000 €

-2 500 000 €

-2 000 000 €

-1 500 000 €

-1 000 000 €

-500 000 €

- €

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Financing planFinancing plan

� The actual scenario , without any profit , can’t balance the funds application which are necessaries in 2009 , 2010 and 2011.

� Those 3 years are without any sales

- 60 M€- 60 M€

Eurocarex

CDG railport

Insuffisance de ressources d'EUROCAREX

-70 000 000 €

-60 000 000 €

-50 000 000 €

-40 000 000 €

-30 000 000 €

-20 000 000 €

-10 000 000 €

- €

2009 2010 2011 2012 2013 2014 2015 2016


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SummarySummary

� Introduction



� Analysis


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General analysisGeneral analysis

� The average costs per AMJ pallet are

�For 200 000 pallets and 20 trains : 615 €



� In any case the general conditions are

�A capacity of investment on the railports and for the

junction of maximum 236 M€

�Financing requirement of 60 M€ for the trains and for the

others investments while waiting for the sales proceeds


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Next stepsNext steps

� Working on a real railport network in ordre to increase the lows and for a better use of the facilities

� Detailed studies of the railport infrastructure and on the financial mode.

� Leading the competitive dialogue on the train but with the necessary construction of a purchase structure in front of the train suppliers


Documents

Carex Business Plan - ROISSY CAREX · CAREX EC73-3 DP 005 revB Projet CAREX –Steeringcommittee15 may2008 octobre 2008 – 1 © 2007-2008 Groupe Elcimaï. Carex Business Plan Steeringcommitteen°4