С 1 апреля 2011 года ОАО «Уралсвязьинформ» является частью российской национальной телекоммуникационной компании «Ростелеком» и теперь будет осуществлять свою деятельность в качестве ее макрорегионального филиала «Урал»
Ekaterinburg — June 20, 2006 — Uralsvyazinform (RTS: URSI/URSIP) the leading carrier of fixed-line and mobile services in the Urals region, Russia presents the audited consolidated financial statements for the year ended December 31, 2005 prepared under International Financial Reporting Standards (IFRS). The financial statements were audited by OOO ’Ernst and Young’.
The financial statements comprise assets and liabilities and financial results of OJSC ’Uralsvyazinform’ and its 15 subsidiaries.
Revenue increased by 20.0% as compared to 2004, mainly due to revenue gains in:
Local services, up 27.5%. In 2005, the company added 209.1 thousand fixed-line subscribers.
Mobile services, up 33.1%. For the full year, we added 1.6 million GSM subscribers. As of January 1, 2006 the mobile subscriber base reached 3.7 million (3.9 million as of June 1, 2006).
New services (Internet, including broadband connections and ISDN, intelligent networks and others), up 78%.
OIBDA was up 19.2% on 2004, OIBDA margin remained level with 2004 at 26.6%.
Mobile segment contributed 28.6% in revenue mix, compared to 25.8% in 2004.
Unregulated services delivered 34.2% of overall revenues.
Net cash flows from operating activities increased by 42.4%. Earnings per share (EPS) were up 5.4% at US$ 0.002.
Financial highlights 2004-2005, US$ million
Anatoly Ufimkin, CEO: ’In 2005, Uralsvyazinform’s revenue totaled US$ 1,120.5 million, a 20% increase on 2004. The increase was backed up by organic growth in the key business segments — local services, mobile services, data transmission and other new services. The year of 2005 brought about the fundamental change to the telecom market. The principal growth drivers proved even more important, including mobile services, data transmission and Internet, and various new services (ISDN, VoIP, intelligent networks, call processing centers, cable TV and others). These segments showed strong performance with growth numbers of 75%.
We estimate our market share for the full year at 62% in the Urals region.
In 2005, we completed a major subsidiary consolidation plan, as a result three mobile operators (ZAO Ermak RMS, OOO UST, OOO Tyumenruscom) and two Internet providers (OOO Uralcom, ZAO VSNET) merged into the parent Uralsvyazinform. Today, we are truly a single company that combines versatile telecom businesses — fixed-line, mobile, data transmission and new services. One of the logical outcomes of the consolidation was the launch of Utel, a single trademark for mobile and new services.
Over 2005, the management’s efforts were focused on the economic efficiencies. Because the company has completed the main investment into network development, the annual capital expenditure will further go down to US$ 210 mln in the next years. By way of example, Uralsvyazinform has commissioned the main part of its backbone network, with over 16 thousand km of digital lines being put into operation. The digital streams have thus reached the majority of cities in the Urals region.
Our next task is to reduce the personnel numbers by as much as 10% as a result of network upgrades, and increased usage of outsourced sales and customer service. Customer service is another development area for us, as we are seeking to improve customer perceptions of Uralsvyazinform as a customer-friendly, easy-to-use company, not just a high-tech provider. In our view, this is the way our policy in customer loyalty and retention should develop.’
Please to proceed with Financial Review (Acrobat)
Complete consolidated financial statements for 2005 under IFRS and accompanying auditor notes are available from the section/
Please to read an invitation for the Conference Call and Webcast regarding the 2005 IFRS Results of Uralsvyazinform as of 2005.
For additional information, please contact IR department on tel. +7 343 379 1217, +7 343 379 1219 or e-mail: [email protected] .
The most recent company information is also available on corporate web-site at www.uralsviazinform.com or URSI_RU page in Bloomberg system.
