Accounts payable

ROSTELECOM PJSC: ROSTELECOM FINANCIAL ET -6-


Complete fairness                                                   217,676     214,070 
Non-current liabilities 
Loans and borrowings                                     22    372,406     280,571 
Lease liabilities                                        10    86,392      63,156 
Worker advantages                                        27    6,670       5,881 
Deferred tax liabilities                                 28    41,494      39,425 
Accounts payable and accrued bills                    23    1,580       1,496 
Contract liabilities                                     25    15,811      17,472 
Provisions                                               24    5,848       4,418 
Different non-current monetary liabilities                  39    10,912      - 
Different non-current liabilities                            26    32,831      19,052 
Complete non-current liabilities                                  573,944     431,471 
Present liabilities 
Loans and borrowings                                     22    32,535      81,277 
Lease liabilities                                        10    17,399      12,444 
Accounts payable and accrued bills                    23    96,022      86,538 
Revenue tax payable                                             3,023       2,692 
Contract liabilities                                     25    34,680      31,353 
Provisions                                               24    9,413       7,283 
Different monetary liabilities                              39    1,914       164 
Different present liabilities                                26    13,155      16,603 
Complete present liabilities                                      208,141     238,354 
Complete liabilities                                              782,085     669,825 
Complete fairness and liabilities                                   999,761     883,895 

PJSC Rostelecom is the biggest supplier of built-in digital services and products, working in all segments of the telecommunications market in Russia. The corporate serves tens of millions of households, private and non-private companies throughout the nation.

Rostelecom is the undisputed chief of the Russian market, offering excessive velocity web entry and pay TV. The entire variety of broadband customers is over 13.4 million customers, it has over 10.7 million pay TV prospects, of which over 5.9 million are subscribed to IPTV companies from Rostelecom. Tele2 Russia, a subsidiary of Rostelecom, is a significant participant within the cellular market with greater than 44 million subscribers and the industry-leading NPS, a benchmark in buyer satisfaction.

In fiscal 12 months 2020, the Group generated RUB 546.9 billion in income, RUB 194.1 billion in OIBDA (35.5% of income) and RUB 25.3 billion in revenue web.

The Group is the main supplier of telecommunications companies to public administrations and companies in any respect ranges.

Rostelecom is a key strategic innovator offering options within the areas of e-government, cybersecurity, information facilities and cloud computing, biometrics, healthcare, training, and housing and utility companies.

The Group’s secure monetary place is confirmed by its credit score scores. Rostelecom has obtained worldwide credit score scores of “BBB-” and “BB +” by Fitch Rankings and Commonplace & Poor’s, and AA (UK) by ACRA, respectively.

* * *

Sure statements contained on this press launch are forward-looking statements inside the that means of america federal securities legal guidelines and supposed to be lined by the safety guidelines created therein.

These forward-looking statements embrace, however are usually not restricted to 😕 Evaluation of the longer term operational and monetary outcomes of PAO Rostelecom (the Firm) in addition to forecasts of

the current worth of future money flows and associated components; ? The corporate’s plans to take stakes in different organizations; ? the corporate’s deliberate capital expenditures and plans for the development and modernization of its community; ? the Firm’s expectations for rising demand for its companies, plans for increasing the

vary of its companies and their pricing; ? the corporate’s plans for bettering its company governance practices; ? the Firm’s expectations relating to its place within the telecommunications market and growth forecasts

the market segments through which the corporate operates; ? financial outlook and {industry} tendencies; ? society’s expectations for the regulation of the Russian telecommunications {industry} and the influence evaluation

regulatory initiatives on the corporate’s exercise; ? different statements regarding issues which aren’t historic information.

These forward-looking statements are topic to dangers, uncertainties and different components, which may trigger precise outcomes to vary materially from these expressed or implied by these forward-looking statements. These dangers, uncertainties and different components embrace 😕 dangers related to adjustments in political, financial and social circumstances in Russia in addition to adjustments

financial circumstances; ? dangers associated to Russian legal guidelines, rules and taxation, together with legal guidelines, rules, decrees and selections

governing the Russian telecommunications {industry}, the securities {industry} in addition to foreign money and change controls

relating to Russian entities and their official interpretation by regulatory our bodies; ? the dangers related to the Firm, together with the achievement of anticipated outcomes, ranges of profitability and

development, the flexibility to create and meet demand for the Firm’s companies, together with their promotions, and the flexibility to

the corporate to stay aggressive in a liberalized telecommunications market; ? technological dangers associated to the operation and growth of the telecommunications infrastructure,

technological improvements in addition to the convergence of applied sciences; ? different dangers and uncertainties. For a extra detailed evaluation of those and different components, see the corporate’s annual report.

Report and different public paperwork of the corporate.

Many of those components are past the flexibility of society to regulate or predict. In view of those and different uncertainties, readers are cautioned to not place undue reliance on any of the forward-looking statements contained herein or in any other case. The Firm undertakes no obligation to publicly publish any revision of those forward-looking statements (that are made as of the date hereof) to replicate occasions or circumstances upon publication of the annual report or to replicate the prevalence of occasions. unexpected, besides to the extent required by relevant regulation. ————————————————– ————————————————– ——————-

[1] Right here and under, please check with Attachment 1 of this assertion for a full definition of OIBDA. It must be famous that the corporate modified the methodology for calculating the OIBDA within the third quarter of 2018 by excluding bills associated to non-government pension insurance coverage. The historic OIBDA figures for 2018 and the related durations of 2017 have been recalculated in accordance with the renewed methodology.

[2] Worldwide Monetary Reporting Requirements.

[3] Right here and under, capital expenditure (“CAPEX”) consists of money spent on property, plant and tools and intangible belongings.

[4] Right here and under, free money movement (FCF) is calculated as web money from working actions much less CAPEX, plus proceeds from the sale of mounted and intangible belongings, plus curiosity obtained , plus the federal government grant.

[5] Right here and under, web debt is calculated as whole debt much less money, money equivalents and short-term investments (different monetary belongings).

[6] Common income per consumer

[7] Blended ARPU consists of the revenue of a consumer subscribing to a number of companies concurrently, together with broadband, IPTV, and digital cable TV.

[8] Operator to Operator

[9] Primarily based on GSMA information and Evaluation Mason DataHub

[10] ITU, Worldwide Telecommunication Union ——————————————– – ————————————————- – ————————

ISIN:          US7785291078 
Class Code: FR 
TIDM:          RKMD 
LEI Code:      2534001D752JPNM0H170 
Sequence No.:  95094 
EQS Information ID:   1174067 
 
Finish of Announcement  EQS Information Service 
=------------------------------------------------------------------------------------ 
 

(END) Dow Jones Information Wire

March 9, 2021 1:35 am ET (6:35 am GMT)



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