OREANDA-NEWS. July 1, 2009. The National Depository Center (NDC), Russia's only settlement depository servicing the full range of Russian debt and equity securities, announced today that its net profit for 2008 based on International Financial Reporting Standards (IFRS) increased 2.23% in comparison with 2007, reaching RUR401.9 million (RUR393.1 million for 2007).

The total amount of NDC's operating income for 2008 rose 5.22% to RUR530.2 million (RUR513.2 million for 2007). The company’s total equity rose 30.69% to RUR1.711 billion (against RUR1.309 billion for 2007).

NDC's securities turnover (the market value of securities transferred in inventory operations) for 2008 reached a record RUR60.98 trillion or 1% more than in 2007 (RUR60.487 trillion). The value of securities on deposit for 2008 reached RUR4.13 trillion. The number of inventory operations grew by 2% against 2007 and exceeded 2.5 million operations including 1.96 million operations with shares representing 78% of the total. Total number of securities issues serviced by NDC rose 14.8% for 2008 to 2,759 issues (8.2% more than for 2007). The number of issuers with securities on deposit with NDC reached 1,315 issuers or 8.2% more than for 2007. The number of NDC participants for 2008 rose by 11.1% and amounted to 908 participants.