Ekaterinburg – June 4, 2009 – Uralsvyazinform (RTS: URSI/URSIP) the leading carrier of fixed-line and mobile services in the Urals Region, Russia presents the audited consolidated financial statements for the year ended December 31, 2009 prepared under International Financial Reporting Standards (IFRS). The financial statements were audited by KPMG (ZAO).
- Net profit increased half as much again as to 2008, totaled RUR 3.7 bln
- EBITDA[1]makes RUR 16 131 mln (+17% as of 2008)
- EBITDA margin[2]totaled 39% (33,9% in 2008)
- Operating expenses decreased by 5% and totaled RUR 34 136 bln
Financial highlights
|
|
2009 |
2008 |
Change |
|
|
|
Revenues |
40 412 |
40 691 |
–0,7% |
|
EBITDA |
16 131 |
13 792 |
+17% |
|
EBITDA margin, % |
39,9% |
33,9% |
– |
|
Operating profit |
7993 |
6481 |
+23,3% |
|
Operating margin, % |
19,8% |
15,9% |
– |
|
Net profit |
3654 |
2535 |
+44,1% |
|
Net margin, % |
9% |
6,2% |
– |
|
Net debt[3] |
21 104 |
26 596 |
–20,6% |
[1] EBITDA is calculated as a sum of profit before income tax less depreciation and amortization and interest payable (net).
[2]Margins are calculated as respective indicator divided by revenue
[3]Net debt is calculated as a sum of long-term and current financial lease obligations less cash & cash equivalents.
To view complete accounting statements of Uralsvyazinform as of 2009 under IFRS https://ir.u-tel.com/reports/full.
For additional information, please contact IR department on tel. +7 343 379 1219, +7 343 376 2166 or e-mail: investor@gd.usi.ru.
The most recent company information is also available from this website and www.skrin.ru (complex disclosure information system) or URSI_RU page in Bloomberg system and URSI.RTS page in Reuters system.
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