Key Figures
| Key financial highlights | 2007 | 2008 | 2009 | 2010 |
|---|---|---|---|---|
| Total Revenue | 59321 | 33695 | 41175 | 38090 |
| Revenue from sale of apartments | 50421 | 23230 | 30740 | 27123 |
| Gross profit | 16030 | 8424 | 7957 | 2492 |
| adj. Gross profit after additional provisions for social and infrastructure costs | 16030 | 8972 | 7957 | 6673 |
|
adj. EBITDA
adj. EBITDA
Adjusted EBITDA from development activities represents net loss for the period before income tax expenses, interest income, interest expense including penalties payable, depreciation, foreign exchange gain and losses, impairment reversals and losses, impairment loss on financial assets, gain/loss on disposal of subsidiaries and development rights, equity accounted investee, PP&E and other items
|
12775 | 2792 | 4530 | -829 |
| adj. EBITDA after additional provisions for social and infrastructure costs | 12775 | 3340 | 4530 | 3352 |
| Profit before tax | 21480 | -30391 | -11815 | -8136 |
| Net profit | 16506 | -28963 | -11488 | -6085 |
|
adj. Net profit
adj. Net profit
Adjusted net profit calculated as net profit before impairment losses, impairment loss on financial assets, income/loss from sale of development rights, penalties and fines related to loans’ late repayment and other income/expense
|
6822 | -1666 | -2033 | 1154 |
| adj. Net profit after additional provisions for social and infrastructure costs | 6822 | -2213 | -2033 | -3085 |
| Total assets | 126282 | 139294 | 115358 | 122161 |
| Total debt | 34640 | 40135 | 38290 | 43978 |
| Cash and cash equivalents | 17056 | 3153 | 3417 | 4350 |
| Net debt | 17584 | 36982 | 34873 | 39628 |
| Total equity | 50339 | 15867 | 4343 | -1995 |
| Ratios | 2007 | 2008 | 2009 | 2010 |
|---|---|---|---|---|
|
Gearing
Gearing
Calculated as Net debt to Total equity
|
0.3 | 2.3 | 8.0 | -19.9 |
|
Net debt / adj. EBITDA
Net debt / adj. EBITDA
Calculated using adj. EBITDA after additional provisions for social and infrastructure costs
|
1.4 | 11.1 | 7.7 | 11.8 |
|
adj. EBITDA margin, %
adj. EBITDA margin, %
Calculated using adj. EBITDA after additional provisions for social and infrastructure costs
|
21.5 | 9.9 | 11 | 8.8 |
|
adj. EBITDA / adj. Net profit
adj. EBITDA / adj. Net profit
Calculated using adj. EBITDA after additional provisions for social and infrastructure costs. Calculated using adj. Net profit after additional provisions for social and infrastructure costs
|
1.9 | -2.0 | -2.2 | 2.9 |
|
Gross Margin, %
Gross Margin, %
Calculated using adj. Gross profit after additional provisions for social and infrastructure costs
|
27 | 26.6 | 19.3 | 17.5 |
|
Net margin, %
Net margin, %
Calculated using adj. Net profit after additional provisions for social and infrastructure costs
|
27.8 | -86 | -27.9 | -16 |
| Total debt / Total equity | 0.7 | 2.5 | 8.8 | -22 |
| Key operational data | 2007 | 2008 | 2009 | 2010 |
|---|---|---|---|---|
|
Gross cash collections, rub. mn
Gross cash collections, rub. mn
аs per management account
|
58800 | 61800 | 32800 | 39900 |
|
Сash collections from sale of appartments, rub. mn
Сash collections from sale of appartments, rub. mn
аs per management account
|
45447 | 44824 | 19774 | 27582 |
|
Total housing completions, sqm p.a.
Total housing completions, sqm p.a.
аs per management account
|
1542 | 813 | 884 | 739 |
|
New sales contracts to customers (PIK share), sqm p.a.
New sales contracts to customers (PIK share), sqm p.a.
аs per management account
|
825 | 520 | 123 | 392 |
|
Transferred to customers (PIK share), sqm p.a.
Transferred to customers (PIK share), sqm p.a.
under IFRS
|
992 | 378 | 492 | 434 |
|
Average realized price, rub/sqm
Average realized price, rub/sqm
Revenue from sales of apt. divided by transfers to customers, including retail, wholesale and offsets with suppliers (under IFRS)
|
50828 | 61455 | 62480 | 62495 |
