IMPROVING THE ECONOMIC ASSESSMENT OF FIXED ASSETS OF RAILWAY TRANSPORT ENTERPRISES

Authors

  • Boliyev Alisher Sobirjonovich Independent researcher, Tashkent State University of Economics

Keywords:

Railway transport enterprises; fixed assets; economic assessment; asset valuation; life-cycle cost analysis; depreciation policy; capital productivity; asset management; infrastructure economics; investment efficiency.

Abstract

This article examines approaches to improving the economic assessment of fixed assets in railway transport enterprises. Given the capital-intensive nature of the railway sector, where infrastructure, rolling stock, and signaling systems represent substantial long-term investments, accurate valuation and performance analysis of fixed assets are critical for sustainable development. The study identifies key shortcomings in traditional accounting methods, including historical cost distortion, inadequate depreciation models, and limited integration between financial and operational data. The article proposes modern methodologies such as fair value and replacement cost accounting, life-cycle cost analysis, risk-adjusted financial modeling, and digital asset management systems. Special attention is given to the integration of technical condition monitoring with economic evaluation to enhance investment planning, maintenance optimization, and capital productivity. The proposed improvements contribute to greater financial transparency, more efficient resource allocation, and stronger long-term competitiveness of railway enterprises.

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References

International Union of Railways (UIC). Railway Asset Management and Infrastructure Financing Guidelines. Paris: UIC Publications.

International Accounting Standards Board (IASB). International Accounting Standard (IAS) 16 – Property, Plant and Equipment.

World Bank. Railway Reform: Toolkit for Improving Rail Sector Performance. Washington, DC.

Organisation for Economic Co-operation and Development (OECD). Asset Management for Sustainable Infrastructure Systems. Paris: OECD Publishing.

European Investment Bank (EIB). The Economic Appraisal of Investment Projects in the Transport Sector. Luxembourg.

Smith, A. (2014). Railway Infrastructure Management and Financing. Transport Economics Journal, 45(2), 115–132.

Brown, T., & Wilson, P. (2018). Life-Cycle Costing in Railway Asset Management. International Journal of Transport Economics, 45(3), 267–289.

Lee, K. (2020). Risk-Adjusted Valuation of Infrastructure Assets. Journal of Infrastructure Systems, 26(4), 1–12.

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Published

2026-02-28

How to Cite

Boliyev Alisher Sobirjonovich. (2026). IMPROVING THE ECONOMIC ASSESSMENT OF FIXED ASSETS OF RAILWAY TRANSPORT ENTERPRISES. Journal of Applied Science and Social Science, 16(02), 1671–1674. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/3577

Issue

Vol. 16 No. 02 (2026): Volume 16 Issue 02

Section

Articles

License

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