Etalon Group Mortgage and Real Estate Market Insights
Vigorous growth in FY 2013 EBITDA and Net Income
EBITDA, mln RUB
EBITDA, mln USD
EBITDA calculation
mln RUB
2013
+36%
+32%
Comprehensive income
6,664
Income tax expense
1,833
295
9 430
223
Interest expense on loans and finance leases
233
6 931
Net foreign exchange loss
109
Interest income on bank deposits
(583)
Interest income on loans and receivables
(28)
Bank fees and commissions
80
FY 2012
FY 2013
FY 2012
FY 2013
Interest in COS
779
Depreciation
EBITDA
343
9,430
Net Income, mln RUB
mln RUB
Net Income, mln USD
2013
+33%
+30%
Depreciation to COGS (Note 14 PP&E)
Depreciation to selling expenses (Note 14
PP&E)
292
1
Depreciation to G&A (Note 14 PP&E)
39
6 664
5 000
209
161
Depreciation to Investment property (Note 15
Investment property)
11
FY 2012
FY 2013
FY 2012
FY 2013
average USD/RUB fx rate for the period 1 January 2012 - 31 December 2012
average USD/RUB fx rate for the period 1 January 2013 31 December 2013
31.07
31.91
Source: Financial statements
Etalon Group
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