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Key financial standing indicators

Key financial indicators

RUR mln/%

Indicator2011201220132013 against
2012 in %
Revenues 70 514 69 578 66 159 95,1
Prime cost –46 024 –50 411 –47 067 93,4
Gross profit 24 490 19 168 19 091 99,6
Business expenses –2 342 –1 772 –1 581 89,2
Management expenses –1 770 –1 848 –1 853 100,3
Sales profit/loss 20 378 15 547 15 657 100,7
Other profit and loss –2 444 –128 –3 194 2 495,3
Interest costs on loans –795 -926 -804 86,8
Profit before taxes 17 139 14 494 11 660 80,4
Profit tax, including DTA and DTL –3 820 –3 197 –2 674 83,6%
Other payments from profit 0 -6 330 * -
Net profit 13 319 11 290 9 315 82,5
For information:
The earnings before interest, taxes, depreciation, and amortisation (EBITDA

Earnings before Taxes, Depreciation, and Amortisation.
)
19 488 15 553 15 580 100,2
* The redistribution of the profit tax within the consolidated taxpayer group (see Section “Finance management”).
View the data in the tables and graphs

In 2013, EBITDA

Earnings before Taxes, Depreciation, and Amortisation.
did not change against the 2012 level.

The reduction in the net profit (-17%) in 2013 from 2012 was due to the build-up in negative credit balance of other revenues and expenses, mainly because of the revaluation of the Company’s currency loan portfolio, which was caused by the drop of the ruble-to-USD exchange rate in 2013.

Profitability indices, %

Index201120122013
Sales profitability by gross profit 35 28 29
Sales profitability by earnings before interest, taxes, depreciation, and amortisation (EBITDA

Earnings before Taxes, Depreciation, and Amortisation.
)
28 22 24
Sales profitability by net profit 19 16 14
Profitability of assets * 20 15 12
Profitability by book value* 65 50 40
* Calculated as annual average indicators.
View the data in the tables and graphs

The decrease in the profitability of assets and book value in 2013 from 2012 was due to the drop in the net profit as the annual average assets and book value grew.

Liquidity indicators*

Indicator201120122013
Working capital ratio 1,53 1,49 1,35
Quick asset ratio 0,94 0,76 0,80
* Calculated as annual average indicators.

The liquidity ratio maintained by the Company is satisfactory.

Financial stability indicators

Indicator201120122013
Debt-to-equity ratio * 2,31 2,22 2,42
Working capital financed by equity-to-total assets ratio (exclusive long-term loans) * 0,13 0,12 0,14
Net assets at the year-end, RUR mln ** 19 116 25 465 20 596
Assets at the year-end, RUR mln 70 018 76 805 84 042
Net worth quote in the aggregate, % 27,3 33,2 24,5

* Calculated as annual average indicators.
** The indicators were calculated as per order No. 10n, 03-6/pz of 29.01.2003 from the Ministry of Finance of the Russian Federation “On Approval Pricing Procedure of Net Assets of Joint Stock Companies”.

View the data in the tables and graphs

The profitability, liquidity, and financial stability indicators are monitored and controlled by the Company and ROSATOM.

On the whole, the financial stability indicators did not change substantially in 2013 from 2012.

As of the 2013 year-end, the Company’s net assets dropped by 19% from 2012 because of payments of dividends, as was resolved by the Sole Shareholder, including those for previous reporting periods.



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