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Polyus Zoloto reached 807bn rub. in losses.

Polyus Zoloto reached 807bn rub. in the 2013-net losses (IAS) vs. 27.733bn rub. in profit prior year, the company informed.

The revenues dropped 11.04% to 74.126bn rub. from 83.327bn rub.; operating profit - 4.52 fold to 8.237bn rub. from 37.248bn rub.; pretax profit - 15.3 fold to 2.3bn rub. from 35.182bn rub.

Polyus Zoloto (TIN 7703389295) is a leading gold producer in Russia included into the group of the largest world companies by the cap value; raw base and production. The assets portfolio includes the deposits in Krasnoyarsky reg., Irkutsky reg., Magadansky and Amursky regions, Sakha Yakutiya. It was formed within the restructuring through the withdrawal of gold production assets from Nornickel into an independent public company. So far, it was set up in Mar. 2006.

It keeps 100% in Polyus Gold Producer (CJSC Polyus) having stakes in the subs including Lenzoloto (64.1%), Lenskaya Gold Company (100%), Matrosov Mine (100%), Aldanzoloto (100%), Yuzhno-Verkhoyanskaya Mining Company (100%), Yakutskaya Mining Company (100%).

The IH 2013 net losses (IAS) gained 11.572bn rub. vs. 11.089bn rub. in profit prior year period; revenues lost 10.75% to reach 31.748bn rub. from 35.572bn rub.; operating losses coming to 5.475bn rub. vs. 17.058bn rub. in profit; pretax losses - 10.811bn rub. from 14.442bn rub.

The 9-month 2013 net profit (RAS) plunged 2.37 fold to 5.081bn rub. from 12.054bn rub. prior year. The losses from sales moved up 11.11% to 6.999mln rub. from 6.299mln rub.; pretax profit dropped 2.38 fold to 5.101bn rub. from 12.12bn rub.

"AK&M", 15:12, 23.04.2014 1251 AKM,COR


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