OREANDA-NEWS. November 16, 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.