Net Profit Sibirtelekoma for 1 half of 2009 on the RAS decreased by 49.8% to 1.074 billion rubles
Revenues OAO Sibirtelecom without regard to the subsidiary business of RSA for 1 half of 2009 reached 985.6 million USD 13., An increase of 318.5 ml. rub., or 2.3% over the same period last year.
The main drivers for growth in revenues during the reporting period was the development of broadband access services, the report says Sibirtelekoma.
In the income structure of most large proportion belongs to the income from the provision of local telephone services - 41,6% (5 of 811.1 million rubles.).
essential articles in the structure of income is income from providing services for the transfer of data and services to provide access to the Internet (2 683.4 million rubles). vnutrizonovoy services and telephone services (2 520.4 million rubles.) 19.2% and 18.0% respectively.
Revenues from services and the accession of traffic, amount to 9.4% (1 319.9 million rubles.) of the total revenues. Revenues from the provision of cellular services in the structure of revenues - 3.8% (529.7 million EUR)..
As compared with the same period in 2008 (excluding affiliate business):
- increase revenue from the provision of data and services to provide access to the Internet was 608.1 million rubles., or 29.3%, reflecting the growing number of users of broadband access (SHPD) and consequently the growth of income from providing access to the Internet. On 1 July 2009 the number of ports SHPD was 501.5 thousand.;
- increase in income from the letting of leased assets amounted to 152.6 million rubles., or 63.7%, which is associated with an increase in the number of leased;
- increase revenue from providing local telephone services was 142.2 million rubles., or 2.5%. Revenue growth occurred by increasing the subscriber base (the number of basic telephones the parent company increased by 27.9 thousand., Or 0,6% and amounted at the end of 1 half of 2009 4 358.8 thousand pcs.) Indexing and controlled tariffs 01.03.2009 g.;
- reduction in income from services and the accession of traffic, accounting for 354.2 million rubles., or 21.2%, mainly due to the cancellation of March 1, 2008; charging points accession;
- loss of income from providing services vnutrizonovoy telephone was 169.5 million rubles., or 6.3%, due to reduced traffic and declining average revenue taxes;
- loss of income to promote the services and agent services rendered under the agreement with Rostelecom, was 50.6 million rubles., or 16.7%. Reduced income was due to a decline in services rendered to users by Rostelecom, and a user-level Rostelecom direct contracts.
expenses (excluding affiliate business) for the 1 half of 2009 increased by 1 165.2 million rubles., or 10.9% over the same period of 2008 and amounted to EUR 11 869.6 million.
In total costs Sibirtelekoma took the biggest share of labor costs and contributions to social insurance - 36.2%, depreciation of fixed assets - 19.5%, spending on telecom services - 13,0%, Other Hospitality - 11.7% and expenditure on services from third parties - 10.5%.
debt load the company hasdeclined since the beginning of the year at 1.1 billion rubles. and as at 30 June 2009 amounts to 16.8 billion rubles. net debt of 16.1 billion rubles.
In the 1 half of 2009 compared to the same period in 2008 (excluding affiliate business):
- profits from sales decreased by 846.7 million rubles., or 28,6% and amounted to 2 116.0 million rubles., because of rapid growth of expenditure (10.9%) compared to income growth ( 2.3%). Profit margin on sales - 15,1%.
- decline in OIBDA amounted to 494.2 million rubles., or 10.0%, in accordance with the dynamics of the profit from sales. Margin OIBDA - 31,8%;
- profit before tax decreased to EUR 1 420.2 million., or 52.4%, and amounted to 1 289.7 million rubles., because of a decline in profit on sales, and the result of the influence of non-monetary losses from exchange;
- net income decreased to EUR 1 066.6 million. or 49,8% and amounted to 1 074.6 million rubles., due to reduced profit before tax. Net profit margin - 7.7%.
Roller coaster or where zabezhit dollar …
Russian players have recorded profits in anticipation of the publication of the initial assessment of the U.S. GDP for the 2 quarter of 2009
Basic Russian blue chips continue to be corrected to yesterday's values: shares of Gazprom losing 2.06%, Sberbank - 1.93%, while VTB - 0.52%
Conference on-line: Road safety: how and what can make a difference?
Internal statistics, especially for the Russian banking sector, may disappoint investors
Speculative recommendation on the day on paper Polyus Gold, Gazprom, Lukoil, Sberbank and VTB
The budget deficit in 2010, Russia will be 3.19 trillion rubles
In the 1 half of 2009, TGK-1 increased the net profit for the RSA more than 15 times - up to 2.67 billion rubles
In the 2 quarter of 2009, Severstal increased steel production, compared with 1 quarter at 0.4% to 3 813 tonnes
