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News

9M 2009 Financial and Operational Results (RAS)

10.11.2009

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Ekaterinburg – November 10, 2009 – 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 9 months of 2009 prepared under Russian Accounting Standards (RAS).

  • Revenues increased by 0.2% on 9M 2008 and totaled RUR 30.2 billion driven by revenue gains in:
    • Local telephone services (+2.5%);
    • Internet and unregulated data transmission services (+29.1%).
  • EBITDA[1] increased by 5.8% on 9M 2008. EBITDA margin[2] amounted to 38.1%. Operating margin – 20.2%.
  • Net profit increased by 2.4% and amounted to RUR 2.9 billion. Net margin amounted to 9.8%.
  • Subscriber base totaled 9.4 million.

Financial and operational highlights:

Financial 9M 2009 9M 2008 Change, %
Revenues, RUR mln 30,244.2 30,192.4 +0.2%
Costs, RUR mln 24,119.8 24,341.6 -0.9%
EBITDA, RUR mln 11,517.7 10,882.9 +5.8%
EBITDA margin 38.1% 36.0% -
Operating profit, RUR mln 6,124.3 5,850.8 +4.7%
Operating margin 20.2% 19.4% -
Profit before income tax, RUR mln 3,889.0 4,128.3 -5.8%
Net profit, RUR mln 2,953.2 2,882.8 +2.4%
Net margin 9.8% 9.5% -
Operational 30/09/2009 30/09/2008 Change, %
Fixed-line subscribers, million 3.73 3.71 +0.5%
Mobile subscribers, million 5.7 5.5 +3.6%
Broadband subscribers, thousand 754.3 545.0 +38.4%
Digitalization of local fixed-line networks, % 78.6 74.5
Number of employees 21,872 23,767 -8.0%

[1] EBITDA is calculated as a sum of pre-tax profit, interest payable, depreciation & amortization, leasing payments less interest receivable.
[2] EBITDA margin, Operating margin, Net margin represent EBITDA, Operating profit, and net profit expressed as a percentage of revenue.

To view complete accounting statements of Uralsvyazinform as of 9M 2009 under RAS click here

Please download full PDF version to continue with 9M 2009 Operational and Financial Overview. 9M 2009 Operational and Financial Overview.

For additional information, please contact Investor Relations on +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.