AFK Sistema intends to submit the 2012-accountung under US GAAP Apr. 16, the company informed.
AFK Sistema (TIN 7703104630) is a public diversified corporation having 100mln users. It provides control over the diversified investment portfolio at the entities in different sectors of economy and keeps large assets in telecoms (MTS, Komstar-OTS, Svyazinvest), electronics (NIIME and Mikron Plant, Sitronics TS (former STROM-Telecom), Sitronics and Sistema Gals; finances (MBRR, Dalkombank, East-West United Bank (EWUB).
The share capital is equal to 868.5mln rub. split in 9,65bn stocks of 0.09 rub. par. V.Evtushenko (chairman) holds 64.18%; Deutsche Bank Trust Company Americas - 19%.
The IIIQ 2012 net profit (unaudited US GAAP) increased 66.8% to $532.227mln from $319.001mln prior year period; the net profit without the correction was doubled to $653.2mln; consolidated revenues added 1% to come to $8.813bn from $8.724bn; OIBDA - 10.4% to $2.431bn from $2.201bn; OIBDA margin - to 27.6% from 25.2%.
The 9-month 2012 net profit (RAS) reached 99.101bn rub. against 33.81bn rub. in net loses prior year; revenues moved down 9.3% to 26.37bn rub. from 29.087bn rub.