The fact of the notable growth of the net profit by 28.6% of the unified operation company attracted the attention of investment companies and mass media.
The publishing of the financial statement of IDGC of North-West for 2008 prepared in accordance with IFRS, provoked the great interest of the specialists. Quote.ru and «AK&M» announced the presentation of the results of the Company’s work. In particular, Quote.ru included the public presentation of the financial statement of the company according to the international standards of the financial reporting to the amount of the basic events of Thursday (July 16, 2009). Finam.ru paid attention to the fact that the unified operation company for the first time presented the financial statement of the company in comparison with the indices for 2007 prepared according of the international standards.
The market announced of the reporting publication by the growth of the shares rates of IDGC of North-West. The opening price on June 15 at MICEX was 8.49 kopecks and shares fluctuated to the level of 9.8 kopecks (growth in relation to the covering price - 15.4%). The closing price accounted for 8.82 kopecks.
The net profit of IDGC of North-West for 2008 in accordance with IFRS increased by 28.6% to RUR 1.075 million. This fact presented at the public presentation of the company’s results which took place on July 16 in St. Petersburg was the major characteristics of the Company’s successful activity. The index of the considerable growth of the net profit was mentioned by the business papers, and portals of the investment and broker companies.
Beginning with 2012 IDGC of North-West plans to publish the quarterly intermediate IFRS reporting. According to Olga Makarova, Economy and Finance Deputy General Director of IDGC of North-West, “IFRS is the international language of economic subjects’ communication and the instrument of the understandable information presentation to the external environment. Both the financial sector and the capital market - the direct consumers of IFRS information flows. IDGC of North-West in its activity is more and more oriented to the external environment, that’s why we are going not only to continue, but improve this work. In 2010 we plan to present IFRS financial statement 2 months earlier.”
|