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MegaFon intends to pay dividends.

At the MegaFon annual meeting June 30 the holders decided to spend the 2013-net profit (39.996bn rub.) on the dividends (64.51 rub./pcs), the company informed.

The new BOD was elected; Ernst & Young being affirmed as an auditor.

With respect to the IQ 2013 dividends paid up earlier in the volume of 6.41bn rub. the total 2013-dividends can gain 46.4bn rub. (74.85 rub./pcs) against 33.59bn rub. (54.17 rub./pcs) demanded by the 2012-dividends (38.2% in rise).

MegaFon (TIN 7812014560) was set up in 2002 and is ranked as the 2d by the number of cellular consumers in Russia. In June 2010 MegaFon acquired 100% in Sinterra. The subs are operating in Tadjikistan, Abkhazia, South Osetia. TeliaSonera holds 25.17%, AF Telecom - 50% plus one stock, MegaFon Investments (Cyprus) Limited - 7.57%; director general - 2.5%.

The share capital is worth 62mln rub. split in 620mln common stocks of

0.1 rub. par. TeliaSonera keeps 25.17%, AF Telecom - 50% plus one stock, MegaFon Investments (Cyprus) Limited - 7.57%, director general - 2.5%.

The 2013 net profit (IAS) increased 16.3% to 51.608bn rub. from 44.393bn rub.; consolidated revenues moved up 9.1% to 297.229bn rub. from 272.336bn rub.; OIBDA - 13.2% to 132.592bn rub. from 117.149bn rub.

The 2013-net profit rallied up (RAS) 35% to 58.475bn rub. from 43.379bn rub. prior year; revenues moved up 7.5% to 273.576bn rub. from 254.453bn rub.; gross profit - 10% to 138.152bn rub. from 125.864bn rub.; pretax profit - 38% to 73.36bn rub. from 54.854bn rub.

"AK&M", 02.07.2014


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