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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»
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News

1H09 Financial Results under IFRS

15.09.2009

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Ekaterinburg – September 15, 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 the 1st half of 2009 in compliance with International Accounting Standards (IAS).

As of 1H09, revenue increased by 0.4% compared to 1H08 and amounted to RUR 20.1 billion. Data transmission and telematic services (Internet) were the main revenue drivers, along with local telephone services.

  • Revenue from telegraph, data transmission and telematic services (Internet) amounted to RUR 3.2 billion (+33.9% on 1H08). These services added 15.9% to the whole revenue mix.
  • Local telephone services amounted to RUR 5.2 billion (+2.1% on 1H08), with their portion in total revenue being 26.0%.

Operating expenses decreased by 1.1% as compared to 1H08 and amounted to RUR 16.9 billion, mainly due to optimized personnel expense (down 13.5%) as a result of improvements made in organizational structure and staff reduction.

Operating profit totaled RUR 4.0 billion (+6.0% on 1H08). EBITDA[1] increased by 8.2%. EBITDA margin increased to 39.3% from 36.5% as of 1H08. As of 1H09 net profit amounted to RUR 1.7 billion, a 2.0% decrease on 1H08.

Financial highlights

Item As of 1H09 As of 1H08 Change, %
Revenues, RUR mln 20,102 20,019 +0.4%
EBITDA, RUR mln 7,899 7,297 +8.2%
EBITDA margin 39.3% 36.5% -
Operating profit 3,986 3,759 +6.0%
Operating margin 19.8% 18.8% -
Net profit 1,658 1,691 -2.0%
Net margin 8.2% 8.4% -

[1] EBITDA is calculated as a sum of profit before income tax less depreciation and amortization and interest payable (net).
[2] Margins are calculated as respective indicator divided by revenue

To view complete accounting statements of Uralsvyazinform as of 1H 2009 under IFRS click here

Please download full PDF version to continue with 1H09 Financial Overview. 1H09 Financial Overview.

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 www.skrin.ru (complex disclosure information system) or URSI_RU page in Bloomberg system and URSI.RTS page in Reuters system.