News
1H 2009 Financial and Operational Results
07.08.2009
Ekaterinburg – August 07, 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 the 6 months of 2009 prepared under Russian Accounting Standards (RAS).
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Revenues increased by 0.7% on 1H 2007 and totaled RUR 20.1 billion driven by revenue gains in:
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EBITDA[1] increased by 12.2% on 1H 2008. EBITDA margin[2] amounted to 38.1%. Operating margin – 20.4%.
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Net profit increased by 17.7% and amounted to RUR 1.9 billion. Net margin amounted to 9.6%.
Financial and operational highlights:
| Financial |
1H 2009 |
1H 2008 |
Change, % |
| Revenues, RUR mln |
20,103.4 |
19,958.4 |
+0.7% |
| Costs, RUR mln |
16,004.6 |
16,017.9 |
-0.1% |
| EBITDA, RUR mln |
7,666.1 |
6,833.2 |
+12.2% |
| EBITDA margin |
38.1% |
34.2% |
- |
| Operating profit, RUR mln |
4,098.7 |
3,940.5 |
+4.0% |
| Operating margin |
20.4% |
19.7% |
- |
| Profit before income tax, RUR mln |
2,523.9 |
2,347.5 |
+7.5% |
| Net profit, RUR mln |
1,920.8 |
1,631.7 |
+17.7% |
| Net margin |
9.6% |
8.2% |
- |
| Operational |
30/06/2009 |
30/06/2008 |
Change, % |
| Fixed-line subscribers, million |
3.7 |
3.7 |
+0.5% |
| Mobile subscribers, million |
5.7 |
5.4 |
+5.6% |
| Broadband subscribers, thousand |
633.3 |
392.2 |
+61.4% |
| Digitalization of local fixed-line networks, % |
77.2 |
74.9 |
|
| Number of employees |
22,051 |
24,073 |
-8.4% |
[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 1H 2009 under RAS click here
Please download full PDF version to continue with 
1H 2009 Operational and Financial Overview.
For additional information, please contact IR department on tel. +7 343 379 1219, +7 343 379 1859 or e-mail: investor@gd.usi.ru.
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.
