News
9M 2009 Financial and Operational Results (RAS)
10.11.2009
Ekaterinburg – November 10, 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 9 months of 2009 prepared under Russian Accounting Standards (RAS).
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Revenues increased by 0.2% on 9M 2008 and totaled RUR 30.2 billion driven by revenue gains in:
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EBITDA[1] increased by 5.8% on 9M 2008. EBITDA margin[2] amounted to 38.1%. Operating margin – 20.2%.
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Net profit increased by 2.4% and amounted to RUR 2.9 billion. Net margin amounted to 9.8%.
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Subscriber base totaled 9.4 million.
Financial and operational highlights:
| Financial |
9M 2009 |
9M 2008 |
Change, % |
| Revenues, RUR mln |
30,244.2 |
30,192.4 |
+0.2% |
| Costs, RUR mln |
24,119.8 |
24,341.6 |
-0.9% |
| EBITDA, RUR mln |
11,517.7 |
10,882.9 |
+5.8% |
| EBITDA margin |
38.1% |
36.0% |
- |
| Operating profit, RUR mln |
6,124.3 |
5,850.8 |
+4.7% |
| Operating margin |
20.2% |
19.4% |
- |
| Profit before income tax, RUR mln |
3,889.0 |
4,128.3 |
-5.8% |
| Net profit, RUR mln |
2,953.2 |
2,882.8 |
+2.4% |
| Net margin |
9.8% |
9.5% |
- |
| Operational |
30/09/2009 |
30/09/2008 |
Change, % |
| Fixed-line subscribers, million |
3.73 |
3.71 |
+0.5% |
| Mobile subscribers, million |
5.7 |
5.5 |
+3.6% |
| Broadband subscribers, thousand |
754.3 |
545.0 |
+38.4% |
| Digitalization of local fixed-line networks, % |
78.6 |
74.5 |
|
| Number of employees |
21,872 |
23,767 |
-8.0% |
[1] EBITDA is calculated as a sum of pre-tax profit, interest payable, depreciation & amortization, leasing payments less interest receivable.
[2] EBITDA margin, Operating margin, Net margin represent EBITDA, Operating profit, and net profit expressed as a percentage of revenue.
To view complete accounting statements of Uralsvyazinform as of 9M 2009 under RAS click here
Please download full PDF version to continue with
9M 2009 Operational and Financial Overview.
For additional information, please contact Investor Relations on +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.