The consolidated statements of LenSpetsSMU under IFRS for 2007 has been published at the company's financial site!

17.06.2008

Today, at the financial site of LenSpetsSMU there was published the audited consolidated financial statements under IFRS for 2007.
In the end of the year,

  • the total assets of LenSpetsSMU Group reached 21.2 billion rubles (compared to the value of the assets as at 31.12.2006 - 13.6 billion rubles),
  • the pre-payments from clients
    (advances received from principal activity) increased by 34.9% y-o-y – from 7 651 791 thousand rubles as for
  • 31.12.2006 up to 10 324 543 thousand rubles as for 31.12.2007,
  • the revenues for 2007 increased by 15.4% as compared to the previous year,
  • the gross profit - by a factor of 3.4,
  • EBITDA - by a factor of 2.9 (754 417 thousand rubles in 2006 as opposed to 2 216 737 thousand rubles in 2007),
  • the net profit - by a factor of 2.4.
The reporting is accompanied by the independent auditors report confirming that the consolidated reporting reflects reliably the financial state of the Group as at December 31, 2007, as well as that the results of the Group's activities and cash flow for the 12 months ended at that date, are in full compliance with the International financial reporting standards.

Item

2006

2007

Assets, '000' rubles

13 585 191

21 188 764

Financial debt, '000' rubles

2 605 568

6 654 803

Advances received on principal activity
(pre-payments from clients)

7 651 791

10 324 543

Equity, '000' rubles

1 004 543

1 783 045

Revenue, '000' rubles

7 711 970

8 903 190

Gross profit, '000' rubles

948 252

3 190 841

Interest payable, '000' rubles

121 120

315 625

Net profit, '000' rubles

432 895

1 027 248

EBITDA, '000' rubles

754 417

2 216 737

Gross margin

12.3%

35.8%

EBITDA margin

9.8%

24.9%

Net margin

5.6%

11.5%

Financial debt / EBITDA

3.45

3.00

EBITDA / Interest payable

6.23

7.02


The reporting can be pursued with at the financial site of the company