OREANDA-NEWS. PJSC “MegaFon” (“MegaFon”, or the “Company”) (LSE: MFON), a leading Russian telecommunications operator, announces its audited consolidated financial results for the full year and Q4 2015.

Key Financial and Operational Highlights of the Full Year 2015

Consolidated revenue of RUB 313,383 million, virtually the same year over year (“y-o-y”)
Revenue from wireless data services increased by 19.0% y-o-y to RUB 79,912 million
OIBDA decreased by 4.4% y-o-y to RUB 132,357 million
OIBDA margin was 42.2% versus 44.0% in 2014
Net Profit increased by 6.3% y-o-y to RUB 39,041 million
CAPEX increased by 24.2% y-o-y to RUB 70,164 million
Free Cash Flow totaled RUB 53,797 million
Net Debt as of 31 December 2015 was RUB 180,846 million
The number of mobile subscribers grew by 6.4% y-o-y to 76.8 million as of 31 December 2015

Key Financial Highlights of the Q4 2015

Consolidated revenue of RUB 81,980 million, virtually the same y-o-y
Revenue from wireless data services increased by 19.9% y-o-y to RUB 20,973 million
OIBDA decreased by 14.4% y-o-y to RUB 29,511 million
OIBDA margin decreased to 36.0% versus 41.9% in Q4 2014
Net Profit increased by 89.1% y-o-y to RUB 5,332 million
CAPEX increased by 15.5% y-o-y to RUB 23,627 million
Free Cash Flow amounted to RUB 13,836 million