OREANDA-NEWS. March 13, 2014. Rostelecom OJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that its financial statements for the full year of 2013, under Russian Accounting Standards (“RAS”), have been made available in the “Investor Relations” section of its corporate website.

The Company would like to draw investors’, shareholders’ and other stakeholders’ attention to certain key points relating to the full year results for 2013 which should be considered when analysing the results.

Rostelecom’s financial results under RAS for the full year of 2013 exclude any contribution from its subsidiaries, including CJSC Sky Link and mobile subsidiaries. The Company’s balance sheet as at December 31, 2013, comprises only Rostelecom’s performance and excludes the contributions of its subsidiary companies.

Moreover, when analysing the full year trends for the 2013 RAS results, it is essential to consider the following:

the merger of Svyazinvest and 20 other joint-stock companies1 with Rostelecom held on October 1, 2013;

the one-off income and expenditure that occurred in the first quarter of 2012 which related to organising the video surveillance project during the Russian presidential elections.

Rostelecom intends to publish its financial and operational results under IFRS according to the Company’s consolidated statements for the fourth quarter and full year of 2013 on March 19, 2014. These results will include contributions from Rostelecom and its subsidiaries, including CJSC Sky Link, as well as the Company’s mobile subsidiaries and affiliated companies.

Rostelecom’s consolidated financial and operational results under IFRS for previous reporting periods can be found via the following link:
http://www.rostelecom.ru/ir/results_and_presentations/financials/IFRS