Rostelecom Reports Full Year 2006 IFRS Operating and Financial Results
OREANDA-NEWS. July 19, 2007Rostelecom (NYSE: ROS; RTS, MICEX: RTKM, RTKMP), Russia’s national long-distance telecommunications operator, today announced audited results for the full year ended December 31, 2006 in accordance with International Financial Reporting Standards (IFRS):
• Consolidated revenue for the full year 2006 increased by 50.3% to RUB 61,559.0 million;
• Domestic long-distance traffic rose 4.0% compared to 2005, international outgoing traffic grew by 9.2% while international incoming traffic increased by 31.2%* ;
• Full year 2006 OIBDA** decreased to RUB 10,324.0 million compared to RUB 13,862.0 million in 2005, representing an OIBDA margin of 16.8%, due to significantly higher payments to operators under the new interaction system;
• 2006 FY net profit amounted to RUB 1,456.0 million.
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