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 – September 25, 2007 – Uralsvyazinform (RTS and MICEX: URSI/URSIP, ADR: UVYZY/UVYPY), the leading
carrier of fixed-line and mobile services in the Urals region, Russia presents unaudited consolidated financial statements for the 1H
2007 prepared under International Financial Reporting Standards (IFRS).
The financial statements for the six months of 2007 are prepared in accordance with International Financial Reporting Standards
(IFRS) and are presented in the extent of Unaudited Consolidated Balance Sheet, Unaudited Consolidated Statement of Operations
and the Notes to the Unaudited Consolidated Financial Statement for the 6 months of 2007. These reports do not have all
disclosures required by IFRS, but their volume is sufficient to get an idea of the financial situation and the results of the Company’s
activity over 6 months of 2007.
Revenue increased by 27.9% on 1H 2006, mainly due to revenue gains in:
New services (Internet, including broadband connections and ISDN, intelligent network, etc.).
Revenue growth in business segments totaled:
Intrazone services – 104.2%;
Mobile services – 27.2%;
New services (Internet, non-regulated data transmission services, etc.) – 56.1%
OIBDA increased by 31.6% as compared to 1H 2006. As of 1H 2007 OIBDA margin totaled 33.5% (+0.9 p.p.). Operating margin
grew by 3.3 p.p. on 1H 2006 and totaled 18.6%.
Net profit increased by 65.9% and amounted to US$ 53.1 mln.
Total subscriber base reached 8.4 mln., including 4.7 mln. GSM mobile subscribers.
On 01/02/2007 we introduced new tariff plans for local services. Therefore, since February 01, 2007 residential subscribers have
3 tariff option for local services (time-based, combined and unlimited tariffs).
Financial results, US$ mln.*:
Revenues, US$ mln*
OIBDA, US$ mln
Operating profit, US$ mln
Profit before income tax, US$ mln
Net profit, US$ mln
* Here and henceforth currency conversions are based on average exchange rates: 1H 2007 – RUR 26.07, 1H 2006 – RUR
Balance Sheet, US$ mln
As of 30/06/07
As of 31/12/06
Current assets, including
Cash and cash equivalents
TOTAL SHAREHOLDER’S EQUITY AND LIABILITIES
Fixed-line, thous., including
GSM Mobile, thous.*
* For information: as of 01/09/2007 GSM mobile subscriber base reached 4 775.3 thous.
Anatoly Ufimkin, CEO comments on 1H 2007 results: «The key event of the 1H 2007 was introduction of new tariff plans for local
services since February 01, 2007. We should note that on the whole, this transition, irrespective of its scale and social value, was
easy and balanced. Besides, from the viewpoint of business development, the main growth drivers were mobile services and
broadband Internet: these segments contributed almost 50% of the revenue growth in 1H 2007. Apart from GSM mobile subscriber
base increase, there was also 11% ARPU growth. The broadband Internet became the most dynamic sector: the number of
connected DSL-ports increased by 4,7 times. Due to the “Calling Party Pays” principle (effective since July 01, 2006) intrazone
services contributed 37% of revenue growth. Well-balanced business growth in main segments and control over expenses, including
continuation of headcount optimization and outsourcing, enabled us to dynamically increase net profit. Besides, net profit was also
positively influenced by subsidiary restructuring program which resulted in sale of our stakes in the range of assets”.
To view complete accounting statements of Uralsvyazinform as of 1H 2007 under IFRS click here
For additional information, please contact IR department on tel. +7 343 379 1219, +7 343 379 1859 or e-mail:
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.