MTS Group's net profit for the first quarter of 2012 grew at an annual rate of 59% to $ 512 million

The mobile operator MTS announced its consolidated financial and operating results for the first quarter of 2012 ended March 31, 2012.

Key financial indicators of the first quarter of 2012:

Consolidated revenues of the MTS Group, denominated in U.S. dollars, grew up in the first quarter of 2012 by 3% year on year, and 1% qoq to $ 3.014 billion.
Consolidated OIBDA for the MTS Group in the first quarter of 2012 grew at an annual rate of 12%, QoQ decreased 1% to $ 1.259 billion.
OIBDA margin in the first quarter of 2012 for MTS Group has grown at an annual rate of 3.4 percentage points to 41.8%.
Consolidated net profit of MTS in the first quarter of 2012 grew at an annual rate of 59% in quarter - by 30% to $ 512 million.
Net cash flow company in the first three months of 2012 totaled $ 829 million.
In Russia, on the main market of the MTS Group's revenue for the first quarter of 2012 grew at an annual rate of 6% to 78.7 billion rubles, while revenue from the mobile business increased by 9%, excluding equipment sales. OIBDA increased at an annual rate of 17% to 33.9 billion rubles. Profitability of MTS in Russia on an annualized basis rose by 4 percentage points to 43.1%.
In Russia, the APRU index on an annualized basis increased 12% to 281 rubles,'s MOU has increased at an annual rate of 13% to 282 minutes.
The coefficient of outflow subscriber base in Russia in the quarterly and annual basis decreased by 1 percentage point to 11.3% in the first quarter of 2012
In Ukraine, revenues in local currency increased by 8% year on year to 2.2 billion hryvnia, the increase in OIBDA of 15% to 1.1 billion hryvnia. OIBDA margin rose at an annual rate of 3 percentage points to 47.8%.