Ekaterinburg – June 30, 2009 – Uralsvyazinform (RTS: URSI/URSIP) the leading carrier of fixed-line and mobile services in the Urals region, Russia, presents the non-audited consolidated financial interim statements for 3 month ended March 31, 2010 prepared under International Financial Reporting Standards (IFRS).
Since the IAS statement for 3 month period was done for the first time, comparative data for relevant period are not presented.
- Revenues totaled RUR 10,6 bln
- EBITDA margin[2]increased to 47,3% (39,9% in 2009)
- Operating margin totaled 26,9% (19,8% in 2009)
- Net margin increased from 9,0% (2009) to 18,4%
Financial highlights
|
2009 |
2008 |
Revenues |
10 616 |
40 412 |
|
EBITDA |
5 024 |
16 131 |
|
EBITDA margin, % |
47,3% |
39,9% |
|
Operating profit |
2 853 |
7 993 |
|
Operating margin, % |
26,9% |
19,8% |
|
Net profit |
1 953 |
3 654 |
|
Net margin, % |
18,4% |
9,0% |
|
Net debt[3] |
16 760 |
21 104 |
|
[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 1Q2010 under IFRS (Russian) https://ir.u-tel.ru/reports/fin_msfo.
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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