OREANDA-NEWS. July 31, 2012. According to the statistics of the international financial statements, net profit of the holding company constituted 273 million rubles in 2011. Profit performance of 2011 1.5 times exceeds the corresponding figure of 2010.

In accordance with the statistics of the financial statements, net profit of Stoylenskaya Niva AIC in 2011 constituted 273 million rubles, whereas net profit of 2010 was equal to 193 million rubles. The gross income of Stoylenskaya Niva increased as well: regarding the statistics of 2011 it constituted 10,592 million rubles (without VAT). According to the data of the consolidated statement of total revenue in 2010, the income of the holding company was equal to 9,330 million rubles.

Ernst&Young company which contributed to financial reporting for 2008, 2009 and 1010 acted as the auditor of accounting again. The audit of accounting on international financial reporting standards was completed in June, 2012.

“Stoylenskaya Niva” Agro-Industrial company” was founded in 2000 and currently is one of the largest holding companies of agro-industrial sector of the country. Stoylenskaya Niva holds the first position on total volumes of breadstuff produced, the 3rd position on flour production, the 6th position on volumes of confectionary products.