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April 3, 2002

JSC Uralsvyazinform: 2001 financial results

Uralsvyazinform generated Rub 2.1 bn in revenue in 2001, which is up 134.3% compared to 2000. EBITDA was Rub 508 mn and profit reached Rub 331 mn.  The company's revenue breakdown is as follows: 32% from long-distance traffic, 32% from local traffic, 30% from wireless communication, 2% from fixed line, 1% from data transmission, 2% from value-added services and ISDN, and 9% from other revenues.   

Uralsvyazinform incurred total costs of Rub 1.8 bn in 2001.  The cost side in 2001 included 24% depreciation deductions, 27% for payroll, 11% for taxes and social contributions and 38% for opex.  

Uralsvyazinform invested Rub 927 mn in its network development in 2001.  Sources of investment were own equity, 48% and borrowed capital, 52%.  

The total number of lines in service stood at 655,000 numbers at the end of 2001 with 580,000 subscribers.  The company's mobile network has a capacity of 168,000 lines with 66,300 subscribers.

 

 

 

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