OREANDA-NEWS. OJSC North-West Telecom has summed up the results of its activities for the 9 months of 2006 according to the Russian Accounting Standards.

According to the results of the financial and economic activities, the proceeds from sales amounted to 14,929.7 million roubles, including -13,724 million roubles from communication services. As compared to the same period of the previous year, the proceeds from sales have grown by 1%, while the proceeds from communication services decreased by 4,3%, which is accounted for by the change in the terms of providing long-distance and international communication services .   

The expenses of OJSC North-West Telecom decreased as compared to the same period of the last year and amounted to 10,827.1 million roubles. The prime cost of sold services was 10,203.8 million roubles, which is 8.2% less than for 9 months of 2005.

Net profit of OJSC North-West Telecom amounted to 2,169.4 million roubles, which is 34.4% more than for the same period of the previous year.

The EBITDA index for the 9 months of 2006 amounted to 5,430.5 million roubles, having exceeded the index for the 9 months of 2005 by 26%. The EBITDA margin for the 9 months of 2006 amounted to 36.4%, which is 7.3 percentage points higher as compared to the same period of the previous year.