News
9M 2009 Results under IFRS
18.12.2009
Ekaterinburg – December 18, 2009 – Uralsvyazinform (RTS and MICEX: URSI/URSIP, ADR: UVYZY/UVYPY) – the leading carrier of fixed-line and mobile services in the Urals region presents interim non-audited consolidated financial statements for and as of 9 months of 2009 in compliance with International Accounting Standards (IAS).
-
As of 1H09, revenue amounted to RUR 30,254 million. Operating expenses amounted to RUR 25,705 million.
-
The key revenue items as of 1H09 included cellular services (31.8% of total revenue), local telephone services (25.8%), Internet and data transmission (15.8%), intrazone telephone services (11.3%), and interconnection services (11.1%).
-
EBITDA [1] reached RUR 11,838 million. EBITDA margin [2] increased to 39.1%.
-
Operating profit amounted to RUR 5,709 million. Operating margin – 18.9%. Pre-tax profit totaled RUR 3,238 million.
-
As of 1H09 net profit amounted to RUR 2,426 million. Net margin – 8.0%.
Financial highlights
in Ruble million
|
As of 9 months of 2009 |
As of 2008 |
| Revenues |
30,254 |
40,691 |
| EBITDA |
11,838 |
13,792 |
| EBITDA margin |
39.1% |
33.9% |
| Operating profit |
5,709 |
6,481 |
| Operating margin |
18.9% |
15.9% |
| Net profit |
2,426 |
2,535 |
| Net margin |
8.0% |
6.2% |
[1] EBITDA is calculated as a sum of profit before income tax less depreciation and amortization and interest payable (net).
[2] EBITDA margin, Operating margin, Net margin represent EBITDA, Operating profit, and Net profit (Profit for the period) expressed as a percentage of revenue.
Complete accounting statements of Uralsvyazinform as of 9 months of 2009 under IFRS (document in Russian)
Please download full PDF version to continue with
Financial Overview 9m09
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.