OREANDA-NEWS. July 31, 2008.  The National Depository Center (NDC), Russia’s only settlement depository servicing the full range of Russian securities, announced today that its revenues for the first half of 2008, based on Russian Accounting Standards (RAS), reached RUR610.995 million. This is 16% more than for 1H 2007 (RUR528.265 million). The company’s net profit reached RUR251.127 million or 21% more than for 1H 2007 (RUR207.951 million).

NDC’s total equity according to RAS rose 18.5% for 1H 2008 to RUR1.607 billion. The company’s net assets, excluding fixed assets depreciation, reached RUR1.568 billion. The value of internal funds calculated on the basis of Russia’s Federal Financial Markets Service’s method reached RUR1.42 billion.

The value of securities held in NDC accounts as of June 30, 2008 rose 3.8% against the comparable period of 2007 and reached RUR4.4 trillion (RUR4.2 trillion as of June 30, 2007). The number of inventory operations conducted for 1H 2008 rose 7.6% to 1,267,116. NDC's securities turnover (the market value of securities transferred in inventory operations) rose 24% against 1H 2007 reaching RUR28.722 trillion (compared with RUR23.155 trillion for the comparable period of 2007). Joint stock company shares in NDC's total securities turnover was 44.6%.