Investor Presentaiton
Rostelecom
P&L1
Bln RUR
P&L
FINANCIALS
1Q 2012 2Q 2012
3Q 2012 9M 2012
9M 2011
Grwoth
rates
2011
2010
Growth
rates
Revenue (see breakdown below)
85,319
76,387
76,985 238,691 221,838
7,6%
301,494 277,497 8,6%
Operating Expenses
Wages, salaries, other benefits and pay
(66,992)
(22,014)
including stock option program
(62,277)
(20,025)
0.000
0.000
(63,551) (192,820) (180,059)
(19,327) (61,366) (59,396)
0,000
7,1%
3,3%
(241,155)
(76,252)
(227,543) 6,0%
(74,731)
2,0%
0,000
1,101
(3,930)
Depreciation and Amortization
Interconnect Charges
(11,812)
Materials, utilities, repair and maintena
Other operating income
(7,264)
4,023
Other operating expense, including:
(13,309)
(16,616) (15,493)
(10,835)
(6,600)
2,299
(11,623)
(15,992) (48,101)
(45,079)
6,7%
(57,427)
(56,605) 1,5%
Impairment of property, plant & equipment (PPE)
0,000
4,023
(13,309)
0,000
(11,812)
(7,134) (20,998)
10,345
(38,241)
(34,459) (29,966) 15,0%
(40,736)
(37,623)
8,3%
(20,605)
1,9%
(28,306)
(25,439)
11,3%
10,173
1,7%
14,690
14,650
0,3%
(35,187)
8,7%
(53,123)
(47,796)
11,1%
0,000
0,000
0,000
0,000
Loss on sale and disposal of PPE
(0,383)
0,100
(0,257)
(0,540)
(0,967)
-44,2%
(0,844)
(0,933)
Bad debt reserve
(0,438)
(0,207)
(0,521)
(1,166)
(0,462)
(0,572)
Operating Profit
18,327
14,110
13,434
45,871 41,779 9,8%
60,339
49,954 20,8%
Operating Profit margin
21,5%
18,5%
17,5%
19,2% 18,8%
20,0%
18,0%
OIBDA
34,943
29,603
OIBDA Margin
41,0%
38,8%
29,426
38,2%
93,972 86,858
39,4% 39,2%
8,2%
117,767
106,558 10,5%
39,1%
38,4%
Income from equity accounted investee
1,558
0,669
1,259
Finance costs
(3,666)
(4,100)
Other Investing and financial gains
0,991
(0,060)
Foreign exchange loss, net
0,650
(0,805)
(4,398)
0.860
0,479
3,486
(12,164)
1,791
0,324
2,737 27,4%
(10,265) 18,5%
1.426 25,5%
(0,482) -167,2%
4,473
(12,630)
2,135
(0,377)
0,353
(11,996)
5,3%
2,296 -7,0%
(0,094) 301,8%
Profit before income tax
17,860
9,814
11,634
39,308
35,194
11,7%
53,940
40,513 33,1%
Income tax expense
(4,247)
(2,703)
(1,732)
(8,682) (8,157) 6,4%
Non-controlling shareholders of subsidiaries
(10,739) (10,084) 6,5%
(0,167)
Net Profit
Net Profit margin
13,613
7,111
16,0%
9.3%
9,902 30,626 27,037 13,3%
12,9% 12,8% 12,2%
43,034
14,3%
30,429 41,4%
11,0%
23
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1 - Consolidated results of the merged companies and Rostelecom according to IFRSView entire presentation