LenSpetsSMU issues Q32013 RAS statements

15.10.2013

CJSC SSMO LenSpetsSMU has issued its financial statements for 9M2013 in line with Russian Accounting Standards (RAS).

The company’s assets have increased by 22.2%, reaching 66.1bn rub (as compared to 54.1bn rub on 31.12.2012).

The company’s liquidity remains high, as its cash and deposits exceeded 4.6bn rub, while the amount of credits and loans were reduced by 34.7% (from 15.2bn rub to 10.0bn rub). The net debt increased insignificantly (+13.4% as of 31.12.2012, from 4.7bn rub to 5.3bn rub), despite the reduction in the cash balances. Meanwhile its capital grew 14.2% (from 17.9bn rub to 20.4bn rub).

Revenue for 9M2013 totaled 9.8bn rub, at the same time Net profit amounted to 2.6bn rub.

These statements RAS are available on the company’s financial website and on the Internet-page.

Index

9M2013

2012

Change,%

Assets, thousand rub

66 128 982

54 125 987

+22.2

Credits and loans, thousand rub

4 668 995

10 583 154

-55.9

Net debt, thousand rub

5 281 960

4 657 972

+13.4

Equity, thousand rub

20 440 474 

17 895 514 

+14.2

Equity /Assets,%

30.9

33.1

-

Credits and loans / Assets,%

15.0

28.2

-


9M2013

9M2012


Revenue, thousand rub

9 781 592

10 149 093

-3.6

Net profit, thousand rub

2 567 569

3 366 302

-23.7

CONTACT DETAILS:

Mikhail Dukhovny

CCO +7 (812) 348-21-25

Mikhail.Dukhovny@etalongroup.com

Yana Yashchenko

Deputy CFO

+7 (812) 348-09-95

Yana.Yashchenko@etalongroup.com