Finance accounting and audit

Mechel PAO (MICEX:MTLR) (NYSE:MTL), a leading Russian mining and steel group, announces financial results for the 9M 2016.

Delek Group Ltd. (TASE: DLEKG, US ADR: DGRLY) (hereinafter: "Delek Group" or “The Group”) announced today its results for the three month period ending September 30, 2016. 

Russian banking sector is under transition to structural liquidity surplus, that is, to the situation when banks are interested in placing excess liquidity with the Bank of Russia.

According to estimates made by the provisional administration, the value of the assets of Bank DIB does not exceed 10.7 billion rubles, while the value of its liabilities to creditors totals 38 billion rubles.

The results of operational and financial performance for the 9 months of 2016 were presented to the Board. 

Net profit reached RUB 147 bln for 9M 2016. Adjusted EBITDA rose 4.1% Y-o-Y to reach RUB 325 bln.

Patterson Companies Reports Fiscal 2017 Second-Quarter Operating Results

A total number of financial intermediaries’ (i.e. brokers, dealers and trustees) consumers grew by 6.3% in H1, according to the regulator’s study.

Golden Ocean Group Limited (NASDAQ: GOGL / OSE: GOGL) (the "Company" or "Golden Ocean"), a leading dry bulk shipping company, today announced its preliminary results for the quarter ended September 30, 2016.

ALROSA’s 9M 2016 revenue increased by 48% y-o-y and totaled RUB 255.6 bn. EBITDA grew by 67% y-o-y to RUB 150.0 bn, with EBITDA margin totaled 59%.

In January to September 2016, DTEK Group companies produced 22.3 million tonnes of coal (+4.1% YoY), generated 28.6 billion kWh of electricity (+1.7%)