OJSC Southern Telecommunications Company submitted unaudited consolidated financial statements for 1 half of 2009 in accordance with International Financial Reporting Standards (IFRS).
Net profit of JSC UTK IFRS for 1 half of 2009 decreased by 35,4% to 525 million rubles, compared with the same period in 2008 (813 million rubles), according to company materials.
Proceeds from the sale of up to 1 half of 2009 amounted to 10 898 million rubles. that on 4,3% more than in 2008. In the structure of revenues accounted for the largest share of revenues from local telephony services (43,6%), services of data transmission and telematic services (25,0%) and revenues from intra-zonal telephone communication (15.8%).
Growth in revenues from local telephony services by 0,9% due to the increase of tariffs for local telephone service from 1 March 2009, according to the materials company.
Revenues from intra-telephony decreased by 5,8% and amounted to 1 725 million rubles. that is attributable to decreased demand for connections between users of fixed-line communications and network users from fixed-line subscribers to mobile communication networks.
The increase in revenue from data services and telematic services by 33,5% was due to active promotion of services of broadband Internet access, allowing the customer base at the end of the reporting period amounted to 452.7 thousand subscribers.
Revenues from traffic connection and decreased by 12,5% to 989 million rubles. due in connection with structural changes in the traffic and abolish by law from March 1, 2008 service maintenance points accession.
costs of the company for the 1st half of 2009 decreased by 0,3% and amounted to 8 922 million rubles., of which the largest proportion of staff costs (33.4%), depreciation and amortization (23, 4%), cost of materials, repair and maintenance, utilities (13.2%), as well as other operating expenses (19.0%).
Personnel costs decreased by 6,9% and amounted to 2 976 million rubles. Depreciation and amortization increased by 17,5%, which is associated with the completion of pre-existing facilities and the commissioning of new facilities.
The EBITDA increased by 5,1% to 3 917 million rubles., EBITDA margin increased by 0.2 percentage points up to 35,9%. Net debt of the company amounted to 19 792 million rubles. What happens in the open investment fund?
Net profit under IFRS SPC for 1 half of 2009 decreased by 35% to 525 million rubles
OJSC Southern Telecommunications Company submitted unaudited consolidated financial statements for 1 half of 2009 in accordance with International Financial Reporting Standards (IFRS).
Net profit of JSC UTK IFRS for 1 half of 2009 decreased by 35,4% to 525 million rubles, compared with the same period in 2008 (813 million rubles), according to company materials.
Proceeds from the sale of up to 1 half of 2009 amounted to 10 898 million rubles. that on 4,3% more than in 2008. In the structure of revenues accounted for the largest share of revenues from local telephony services (43,6%), services of data transmission and telematic services (25,0%) and revenues from intra-zonal telephone communication (15.8%).
Growth in revenues from local telephony services by 0,9% due to the increase of tariffs for local telephone service from 1 March 2009, according to the materials company.
Revenues from intra-telephony decreased by 5,8% and amounted to 1 725 million rubles. that is attributable to decreased demand for connections between users of fixed-line communications and network users from fixed-line subscribers to mobile communication networks.
The increase in revenue from data services and telematic services by 33,5% was due to active promotion of services of broadband Internet access, allowing the customer base at the end of the reporting period amounted to 452.7 thousand subscribers.
Revenues from traffic connection and decreased by 12,5% to 989 million rubles. due in connection with structural changes in the traffic and abolish by law from March 1, 2008 service maintenance points accession.
costs of the company for the 1st half of 2009 decreased by 0,3% and amounted to 8 922 million rubles., of which the largest proportion of staff costs (33.4%), depreciation and amortization (23, 4%), cost of materials, repair and maintenance, utilities (13.2%), as well as other operating expenses (19.0%).
Personnel costs decreased by 6,9% and amounted to 2 976 million rubles. Depreciation and amortization increased by 17,5%, which is associated with the completion of pre-existing facilities and the commissioning of new facilities.
The EBITDA increased by 5,1% to 3 917 million rubles., EBITDA margin increased by 0.2 percentage points up to 35,9%. Net debt of the company amounted to 19 792 million rubles.
What happens in the open investment fund?
Because the outflow of shareholders this year were forced to wind up for three open investment fund …
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