| As of 2003 the unconsolidated revenues of Uralsvyazinform totaled USD 635,4 mln (+34,9% as compared to 2002), revenues from telecommunication services reached USD 568,3 mln (+32,3%).
The structure of revenues from telecommunication services in 2003 is as follows:
- DLD and ILD services 46,1% (46,7% in 2002);
- Local services 38,6% (36,6%)? including
- Urban telephony 35,8% (33,9%)
- Rural telephony 2,8% (2,7%)
- Mobile services* - 8,5% (7,3%);
- New services (including Internet, intelligent network, IP telephony) 2,8% (2,2 %);
- Other services (TV, radio broadcasting and others) 4,0% (7,2%);
*Revenues solely from own Perm-headquartered mobile business (GSM 900/1800, NMT 450i).
Operating expenses amounted to USD 454,7 mln (+30,6% as compared to similar indicator of 2002). The expenditure structure in 2003 is as follows:
- Wages 29,5% (29,8% in 2002);
- Depreciation 13,4% (13,4%);
- Taxes and deductions 8,9% (11,0%);
- Other operating expenses 48,2% (45,8%);
- Including Rostelecom fees 14,5% (13,6%)
As of 2003 year-end, EBITDA totaled USD 241,4 mln (+42,3%), operating profit - USD 180,7 mln (+46,9%), pre-tax profit USD 89,6 mln (+114,0%), net profit USD 60,4 mln (+171,8%).
The Capex volume amounted to USD 234,3 mln (+47,4% versus 2002). The Capex structure as of 2003 was as follows:
- Local services 49,0%;
- DLD and ILD services 17,5%;
- Mobile services 15,6%;
- New services 5,1%;
- Other 12,8%.
As of 2003 the companys staff decreased to 35,2 thousand (-1,7% compared to the similar figure of 2002).
The installed capacity of fixed-line networks totaled 3,6 mln lines by 2003 year-end (+8,6% as compared to 2002), with 3,2 mln lines (+7,4%) being in use.
The fixed-line subscriber base totaled 3,2 mln by Jan 1, 2004, where urban and rural lines scored 2,8 mln and 0,4 mln respectively. The overall fixed-line penetration across the company equaled 20,9%.
The equipped capacity of GSM networks (including subsidiary businesses) reached 1,1 mln lines.
The number of mobile subscribers serviced by both own mobile business and subsidiary mobile businesses is given below:
To view the financial statement, including Balance Sheet and Profit and Loss statements click here to proceed to Financials section.
|
