OREANDA-NEWS. November 24, 2009. Yekaterinburg (Ural Federal District, Russia) - "IDGC of Urals" (RTS and MICEX: MRKU) reports on the 2008 results under International Accounting Standards (IAS).

Revenues from services in 2008 totaled USD 1 670.4 mln. (+12.5% on 2007). The Company's expenses in 2008 reached USD 1 616.1 mln (+16.3%).

Operating profit amounted to USD 54.5 mln. (-43.2% on 2007), operating margin - 3.3%. Pre-tax profit totaled USD 33.7 mln (-62.3%).

Net profit reached USD 40.3 mln (-23.4%), net margin - 2.4%.

For 2008 accounting statements prepared under International Accounting Standards (IAS), please, visit our corporate web-site at "Financial Statements" section (or follow the link: http://www.mrsk-ural.ru/en/673).