Net profit of MTS in the 4th quarter of 2012 grew by 39% to $ 547 million

Telecommunications operator MTS has announced its consolidated financial and operating results for the fourth quarter and 2012 year ended December 31, 2012.

The main financial results of the fourth quarter and 2012 on the MTS Group:

Consolidated revenue MTS, denominated in U.S. dollars, in the 4th quarter of 2012 increased by 6% compared to the same period in 2011 to $ 3.168 billion
Adjusted OIBDA for the MTS Group in the fourth quarter of 2012, up 1% compared to the fourth quarter of 2011 to $ 1.288 billion
Adjusted OIBDA margin in the fourth quarter of 2012 on the MTS Group decreased by 2.1 percentage points compared to the fourth quarter of 2011 and amounted to 40.7%. In annual terms, the figure rose by 0.8 percentage points and amounted to 42.6%.
The consolidated net profit of MTS Group in the fourth quarter of 2012 increased by 39% compared to the same period last year to $ 547.3 million net profit for 2012, excluding write-downs due to the suspension of activity in Uzbekistan increased compared with 2011 to 38% to $ 1.997 billion writedowns Given the figure was $ 1.007 billion, down 30% year on year.
Free cash flow for 2012 was $ 1.284 billion, which is 25% higher than in 2011. Operating cash flow increased by 10% over the same period to $ 4.237 billion
Net debt / LTM Adjusted OIBDA up in 2012 was 1.3.