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 – August 06, 2007 – 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 1H 2007 prepared under Russian Accounting Standards (RAS).
Revenues increased by 28.2% on 1H 2006 and totaled US$ 0.7 bln. The revenue growth is mainly due to revenue gains in:
Intrazone calls (+114.4% on 1H 2006);
New services (up 67.4%);
Mobile services (up 27.5%).
OIBDA increased by 20.8% on 1H 2006. OIBDA margin totaled 36.2%. Operating margin – 25.1%.
Net profit increased by 51.1% and reached US$ 86.3 mln.
Subscriber base totaled 8.3 mln., including 4.6 mln. GSM mobile subscribers.
June 15, 2007 - the company held 2006 Annual General Meeting which elected the BoD members, validated the amount of dividend payment on ordinary and preferred shares as well as introduced amendments and supplements to internal company documents.
February 01, 2007 - the 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
1H 2007
1H 2006
Change, %
Revenues, US$ mln*
728.0
568.0
+28.2%
Costs, US$ mln
545.5
417.3
+30.7%
OIBDA, US$ mln
263.5
218.2
+20.8%
OIBDA margin
36.2%
38.4%
-
Operating profit, US$ mln
182.5
150.7
+21.1%
Operating margin
25.1%
26.5%
-
Pre-tax profit, US$ mln
124.8
80.4
+55.2%
Net profit, US$ mln
86.3
57.1
+51.1%
Net margin
11.9%
10.1%
-
Operational
30/06/2007
30/06/2006
Change, %
Subscriber base
Fixed-line subscribers, mln
3.68
3.63
+1.4%
Mobile (GSM) subscribers, mln
4.62
4.05
+14.0%
Digitalisation of fixed-line networks, %
73.7%
72.3%
-
Telephone penetration
Fixed lines, %
27%
27%
-
Mobile, %
> 100%
87%
-
Number of employees
27,105
32,137
-16.0%
* Here and henceforth currency conversions are based on average exchange rates: 1H 2007 – RUR 26.07, 1H 2006 – RUR 27.5
Anatoly Ufimkin, CEO comments on 1H 2007 results: “The key event of the 1H 2007 was the shift to new tariff plans on local services since February 02, 2007. We should note that this shift, irrespective of its scale and its social value, was easy and balanced, mainly due to active work with subscribers. Besides, from the viewpoint of business development, the main growth drivers are mobile services and broadband Internet. There was not only GSM subscriber base growth but also 16.5% increase of ARPU. Promotion of broadband Internet is more dynamic – number of connected DSL-ports increased by 4.7 times. In July the Company connected its 200 000th ADSL subscriber. Well-balanced growth of business in main segments, continuation of headcount optimization as well as outsourcing enabled us to dynamically increase net profit. Besides, the increase of net profit was also affected by implementation of our subsidiary restructuring program. In its framework we sold our stakes at our subsidiaries ОАО “Tatinkom-T”, ZАО “Telephone company “Ural” and other assets.”
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To view complete accounting statements of Uralsvyazinform as of 1H 2007 under RAS please go to Financial Results section
For additional information, please contact IR department on tel. +7 343 379 1219, +7 343 379 1859 or e-mail: [email protected].
The most recent company information is also available from this website and (complex disclosure information system) or URSI_RU page in Bloomberg system and URSI.RTS page in Reuters system.
