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Uralsvyazinform

June 30, 2010

Uralsvyazinform reports the 3-month period of 2010 IAS financial and operating results

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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