OREANDA-NEWS. July 07, 2010. Uralsvyazinform (RTS: URSI/URSIP) the leading carrier of fixed-line and mobile services in the Urals region, Russia, presents the non-audited consolidated financial interim statements for 3 month ended March 31, 2010 prepared under International Financial Reporting Standards (IFRS).

Since the IAS statement for 3 month period was done for the first time, comparative data for relevant period are not presented.

Revenues totaled RUR 10,6 bln

EBITDA margin[2] increased to 47,3% (39,9% in 2009)

Operating margin totaled 26,9% (19,8% in 2009)

Net margin increased from 9,0% (2009) to 18,4%

Financial highlights

 

2009

2008

Revenues

 10 616

40 412

EBITDA

 5 024

16 131

EBITDA margin, %

 47,3%

39,9%

Operating profit

 2 853

7 993

Operating margin, %

 26,9%

19,8%

Net profit

 1 953

3 654

Net margin, %

 18,4%

9,0%

Net debt3

 16 760

21 104

[1] EBITDA is calculated as a sum of profit before income tax less depreciation and amortization and interest payable (net).

[2] Margins are calculated as respective indicator divided by revenue

[3] Net debt is calculated as a sum of long-term and current financial lease obligations less cash & cash equivalents.