News
1Q 2007 Financial and Operational Results Under RAS
07.05.2007
Ekaterinburg – May 7, 2007 – Uralsvyazinform (RTS: URSI/URSIP, ADR: UVYZY/ UVYZYP), the leading carrier of fixed-line and mobile services in the Urals region, Russia reports unaudited unconsolidated operational and financial results for 1Q 2007 under Russian Accounting Standards (RAS)
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Revenues increased by 28.9% over 1Q 2007 and totalled US$ 350.0 mln. Revenue growth is mainly due to revenue gains in:
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OIBDA grew by 26.7% and reached US$ 138.0 mln. OIBDA margin amounted to 39.4%, Operating margin – 27.9%.
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Overall subscriber base totalled 8.2 mln., including 4.5 mln. in GSM.
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On February 01, 2007 company introduced new tariffs on local services. Thus, since February 01, 2007 residential subscribers have a 3 tariff option on local services (time-based, combined and fixed charges).
Operational and financial highlights:*
| Financial |
1Q 2007 |
1Q 2006 |
Change, % |
| Revenues, US$ mln* |
350.0 |
271.5 |
+28.9% |
| Costs, US$ mln. |
252.2 |
195.9 |
+28.8% |
| OIBDA, US$ mln |
138.0 |
108,9 |
+26.7% |
| OIBDA margin |
39.4% |
40.1% |
- |
| Operating profit, US$ mln |
97.8 |
75.7 |
+29.3% |
| Operating margin |
27.9% |
27.9% |
- |
| Pre-tax profit, US$ mln |
64.0 |
44.7 |
+43.4% |
| Net profit, US$ mln |
45.7 |
36.2 |
+26.2% |
| Net margin |
13.0% |
13.1% |
- |
| Operational |
01.04.2007 |
01.04.2006 |
Change, % |
| Subscriber base: |
|
|
|
| Fixed-line subscribers, mln |
3.7 |
3.6 |
+2.0% |
|
|
|
|
| Mobile (GSM) subscribers, mln |
4.5 |
3.8 |
+17.9% |
|
|
|
|
| Digitalization of local fixed-line networks, % |
73.6% |
70.4% |
- |
| Penetration: |
|
|
|
| Fixed lines, % |
27% |
26% |
- |
|
|
|
|
| Mobile, % |
98% |
85% |
- |
| Number of employees |
27,385 |
32,757 |
-16,4% |
|
|
|
|
* Here and henceforth currency conversions are based on average exchange rates: 1Q 2007 – RUR26.3, 1Q 2006 RUR 28.1
Complete accounting statements of Uralsvyazinform as of 1Q 2007 are available from Reports section
Please download full PDF version to continue with 
Financial and Operational Overview 1Q 2007.
For additional information, please contact IR department on tel. +7 343 379 1219, +7 343 379 1859 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.
