Sistema JSFC has posted financial results for the quarter ended December 31, 2012 and the full year 2012.
The operator has reported net profit of $357.9 million for the fourth quarter ended December 31, 2012. Also, for the quarter under review the company has posted revenues of $9.5 billion.
Further, for the full year, Sistema JSFC?s consolidated revenue stood at $ 34.2 billion. The operator posted full year adjusted net income of $ 1.8 billion attributable to the Group2 with adjusted operating income before depreciation and amortisation (OIBDA) of $8.5 billion. For the year 2012, Sistema JSFC reported OIBDA margin of 25 per cent.
As of December 31, 2012, the operator?s net debt at the corporate holding level amounted to $ 1.0 billion in comparison to net cash of $580.5 million on December 31, 2011, primarily owing to increased investments by the company in 2012.
