OREANDA-NEWS. December 18, 2009. CenterTelecom has reported its 9M09 financial results drafted to International Financial Reporting Standards (IFRS).  The company’s consolidated interim financial statement for the first nine months of 2009, consists of the balance sheet, the profit and loss statement, the report on aggregate income and the cash flow statement, the report on changes in equity capital, and notes to the financial statement. 

In accordance with IFRS standards, revenue stood at RUR 27.4 bln in the first nine months of 2009.  Operating expenses amounted to RUR 21.3 bln, while operating profit for the CenterTelecom came in at RUR 8.4 bln during the reporting period.

Over 45% of CenterTelecom’s revenue in 9M09 falls to earnings derived from local voice telephony, i.e. RUR 12.45 bln.  In addition, revenue from datacom and telematic services (Internet) amounted to RUR 4.5 bln, which implies 16.45% of total revenues.  EBITDA totaled RUR 13.93 bln, while EBITDA margin came to 47.50%.

CenterTelecom’s consolidated net profit amounted to RUR 4.75 bln in the reporting period.