News
1Q 2009 Financial and Operational Results (RAS)
13.05.2009
Ekaterinburg – May 13, 2009 – Uralsvyazinform (RTS: URSI/URSIP, ADR: UVYZY/ UVYZYP), the leading carrier of fixed-line and mobile services in the Urals region, Russia reports the unconsolidated financial and operational results for the 1st quarter 2009, prepared under Russian Accounting Standards (RAS).
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Revenues increased by 1.5% in comparison with the 1st quarter 2008 and totaled RUR 10 bln. The revenue growth is mainly due to revenue gains in local services (+2.3%) and Internet/data transmission (+34.2%).
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EBITDA[1] increased by 14.1% compared with the level of 1st quarter 2008. EBITDA margin totaled 38.7%. Operating margin – 22.3%.
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Net profit increased by 22.6% and amounted RUR 1 bln. Net margin totaled 9.8%.
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Subscriber base reached 9.5 million benchmark including 5.8 million in mobile/GSM.
Operational and financial highlights:*
| Financial |
1Q 2009 |
1Q 2008 |
Change, % |
| Revenues, RUR mln |
10,024.9 |
9,879.9 |
+1.5% |
| Costs, RUR mln |
7,790.0 |
7,709.2 |
+1.0% |
| EBITDA, RUR mln |
3,881.2 |
3,401.8 |
+14.1% |
| EBITDA margin |
38.7% |
34.4% |
- |
| Operating profit, RUR mln |
2,234.9 |
2,170.8 |
+3.0% |
| Operating margin |
22.3% |
22.0% |
- |
| Profit before income tax, RUR mln |
1,303.0 |
1,174.5 |
+10.9% |
| Net profit, RUR mln |
981.0 |
800.4 |
+22.6% |
| Net margin |
9.8% |
8.1% |
- |
| Operational |
01/04/2009 |
01/04/2008 |
Change, % |
| Fixed-line subscribers, million |
3.7 |
3.70 |
+0.5% |
| Mobile subscribers, million |
5.8 |
5.2 |
+11.5% |
| Broadband subscribers, thousand |
589.5 |
343.4 |
+71.7% |
| Digitalization of local fixed-line networks, % |
77.2 |
74.5 |
|
| Number of employees |
22,263 |
24,405 |
-8.8% |
[1]EBITDA is calculated as a sum of pre-tax profit, interest payable, depreciation and amortization, leasing payments less interest receivable.
To view complete accounting statements of Uralsvyazinform as of 1Q2009 under RAS click here
Please download full PDF version to continue with 
1Q 2009 Operational and Financial Overview.
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.
