17.06.2009

HMS Group JSC publishes its financial statements for 2008

HMS Group JSC announces the results of the audited consolidated statements for 2008 prepared in accordance with International Financial Reporting Standards (IFRS). The statements are confirmed by the auditor's opinion of Pricewaterhouse Coopers Audit JSC.

Main results of the Group's activity (mln rubles)

Indicator

2008

2007

2008/2007

Revenue

14,092

13,399

5%

EBITDA

1,690

1,423

19%

EBITDA return

12.0%

10.6%

 

Operating profit (EBIT)

993

864

15%

EBIT return

7.0%

6.4%

 

Interest on loan

401

215

 

Interest on loan – ratio to the revenue

2.8%

1.6%

 

Net profit

367

491

-25%

Net profit return

2.6%

3.7%

 

Operating cash flow

667

438

52%

Net debt

3,413

2,574

33%

Equity

2,762

2,325

19%

EBITDA net debt

2.0

1.8

 

Equity / Net debt

0.81

0.90

 

ROA[1]

6.4%

9%

 

ROE[2]

14%

22%

 

[1] Return on assets. Calculated using the formula: (Net profit + interest paid (1-rate of profit tax)) / average annual assets

[2] Return on equity. Calculated using the formula: Net profit / average annual assets

Starting from H1 2008, HMS Group has been publishing IFRS consolidated financial statements on a quarterly basis.
The full version of the IFRS consolidated financial statements for 2008 is available at the official website of the Company.

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