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CC Svyaznoi submitted financial and operating results for 2010

Group of Companies Svyaznoy, an independent cellular retailers, the financial and operating results for the year 2010. In the present report, the main company's financial results for 2010 are as follows:

The company's revenue for 2010 increased compared to the same period last year by 21%, and amounted to a monetary 55.42 billion rubles.
EBITDA amounted to 4.2 billion rubles, or 233% above the result for the same period last year - 1.8 billion rubles.
Level EBITDA margin was 7.5% compared to 4,0% in 2009.
The total retail sales reached 145.8 billion rubles, which is 63% higher than in 2009 - 89,5 billion rubles.
Gross profit increased over the same period last year by 34% and amounted to 19.92 billion rubles.
Net profit amounted to 2 billion rubles, compared with 0.2 billion rubles a year earlier.
Net debt of companies at the end of 2010 amounted to 6.05 billion rubles. Thus the ratio of net debt to EBITDA for 2010 is 1.45. The debt load of the group decreased significantly compared with 2009, when this ratio reached 2.58. The weighted average interest rate on loans of the group decreased by 39%.

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