Rostelecom’s RAS financial results for the first half of 2015 are now available on the Company’s website
Moscow, Russia – August 14, 2015 – Rostelecom PJSC (“the Company”) (MOEX: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, announces that its financial statements for the first half of 2015 under Russian Accounting Standards (“RAS”) have been made available on the ‘Investor Relations’ section of its corporate website.
The Company would like to draw investors’, shareholders’ and other stakeholders’ attention to certain key points relating to the results for the first half of 2015 which should be taken into account during their analysis.
Rostelecom’s financial results under RAS for the first half of 2015 exclude any contribution from its subsidiaries. The Company’s balance sheet as at June 30, 2015 comprises Rostelecom’s performance, also excluding the contributions of its subsidiary companies.
Moreover, when analysing the year-on-year trends of the RAS results for the first half of 2015, it is essential to take into account the spin-off of Rostelecom’s integrated mobile assets into its subsidiary RT-Mobile CJSC, which took place on April 1, 2014. Thus, the results for the first half of 2014 include the performance of the integrated mobile business.
Rostelecom intends to publish its financial and operational results under IFRS according to the Company’s consolidated statements for the first half of 2015 on August 19, 2015. These results will include contributions from Rostelecom and its subsidiaries.
Please use the following link to access Rostelecom’s consolidated financial and operational results under IFRS for previous reporting periods: http://www.rostelecom.ru/ir/results_and_presentations/financials/IFRS/