|Exam Name||:||Requirements Management with Use Cases - Part 2|
|Questions and Answers||:||111 Q & A|
|Updated On||:||June 22, 2018|
|PDF Download Mirror||:||000-637 Dump|
|Get Full Version||:||Pass4sure 000-637 Full Version|
This report makes a speciality of the right gamers within the international requirement administration utility market, like Goda utility, Goodwinds, Intland application, Aligned, 3SL, Sparx methods, Tricentis, SPEC innovations, IBM, Gatherspace.com, Comply Serve, Accompany.
one of the vital latest traits in the international requirements administration software market have made it essential for the key players to fully realize the market protecting in intellect the conclusion intention to create beneficial company techniques. Conversely, the international necessities management utility market is giant and profoundly entertaining, consequently making it complicated for the avid gamers to behavior a market analysis in-condominium.
The document depicts an intensive outline of the global requirements management utility market and investigates the important thing micro- and macro-economic factors affecting the boom of the market. The document in addition initiatives the dimension and valuation of the world necessities administration utility market within the forecast length.
The market has been regarded concerning product forms and purposes.
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This document reviews the international requirements administration utility market, analyzes and researches the necessities management application construction repute and forecast in u.s., ecu, Japan, China, India and Southeast Asia.
This file makes a speciality of the true players in world market, like
Goda application, Goodwinds, Intland application, Aligned, 3SL, Sparx systems, Tricentis, SPEC innovations, IBM, Gatherspace.com, Comply Serve, Accompany
Market phase through regions/countries, this report covers
united states, ecu, Japan, China, India, Southeast Asia
Market phase by software, necessities administration software can be split into
notebook Terminal, cellular Terminal
It gives a sophisticated view of the classifications, functions, segmentations, requirements and an awful lot extra for requirements administration utility market. fresh tendencies and guidelines with recognize to this market are clarified with maximum statistics.
The record additionally examines the can charge buildings and pricing concerning the suppliers, uncooked materials, labors, equipment’s needed, and many other. This analyze is a compilation of basic and secondary analysis, which allows the readers and gamers to have a robust knowing of the overall market
To achieve this, the research segments and sub-segments the world requirements management software market through the use of many standards. The boom predictions for each and every of these segments are protected in the file.
ultimately, the analysis directs its focus in opposition t the feasible strengths, weaknesses, alternatives, and threats that can affect the growth of the global necessities management application market. The feasibility of new tasks is also measured in the record by way of the analysts.
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The file gives a SWOT evaluation of the brand new initiatives within the international and necessities management utility market, investment feasibility, development tendencies, and funding return analysis of those projects. study of the requirements administration utility market’s aggressive landscape contains statistics statistics and figures about leading international locations and suppliers’ skill, can charge-constructions, creation values, gains, and gross margins of key corporations working in the market over the report’s evaluation period.
The report additionally offers particulars corresponding to product photo and specification, and phone advice of the agencies profiled in the requirements administration application market’s brand analysis section.
"necessities management utility Market"
HTF MI posted a brand new industry research that makes a speciality of necessities management application market and provides in-depth market analysis and future potentialities of world necessities administration utility market.
The look at covers gigantic facts which makes the research doc a convenient resource for managers, analysts, industry experts and different key americans get equipped-to-access and self-analyzed study together with graphs and tables to support be mindful market developments, drivers and market challenges. The examine is segmented by application/ conclusion users Small business, Midsize commercial enterprise, enormous commercial enterprise & other, items category Cloud, SaaS, web, mobile - Android Native, cell - iOS Native & other and various crucial geographies like u.s., ecu, Japan, China, India & Southeast Asia.�
Get entry to pattern pages @�https://www.htfmarketreport.com/pattern-report/926272-global-necessities-management-software-market-1�
The research covers the current�market size of the international requirements management software�market and its boom rates in accordance with 5 yr history records together with company profile of key avid gamers/producers. The in-depth information by means of segments of necessities administration utility market helps computer screen future profitability & to make critical choices for growth. The information on trends and traits, focuses on markets and substances, capacities, applied sciences, CAPEX cycle and the changing constitution of the�world necessities management software�Market.�
For more tips or any question mail at [email protected]�
The examine offers business profiling, product picture and requirements, revenue, market share and speak to information of key producers of world necessities administration software Market, some of them listed listed below are�Goda application, Goodwinds, Intland utility, Aligned, 3SL, Sparx systems, Tricentis, SPEC improvements, IBM, Gatherspace.com, Comply Serve & Accompa. The market is growing to be at a very swift tempo and with upward push in technological innovation, competition and M&A activities in the industry many local and regional vendors are offering particular application products for distinct end-users. the new company entrants in the market are discovering it challenging to compete with the overseas carriers in response to nice, reliability, and improvements in expertise.�international requirements management software (hundreds instruments) and profits (Million USD) Market cut up through Product class similar to Cloud, SaaS, web, mobile - Android Native, mobile - iOS Native & different. extra the research study is segmented via application akin to Small enterprise, Midsize enterprise, large commercial enterprise & different with historic and projected market share and compounded annual boom cost.�Geographically, this report is segmented into a number of key areas, with creation, consumption, earnings (million USD), and market share and boom price of necessities administration software in these areas, from 2012 to 2022 (forecast), protecting u.s., ecu, Japan, China, India & Southeast Asia and its Share (%) and CAGR for the forecasted length 2017 to 2022.�
read specific Index of full research examine at @�https://www.htfmarketreport.com/reviews/926272-international-requirements-management-application-market-1�
Following would be the Chapters to reveal the global necessities management utility market.�
Chapter 1, to explain Definition, necessities and Classification of requirements management application, functions of necessities administration software, Market section by regions;�Chapter 2, to investigate the Manufacturing charge structure, uncooked material and Suppliers, Manufacturing process, trade Chain constitution;�Chapter three, to display the Technical statistics and Manufacturing flora evaluation of requirements administration utility, means and industrial creation Date, Manufacturing plants Distribution, R&D status and know-how source, uncooked materials Sources evaluation;�Chapter four, to exhibit the standard Market analysis, potential evaluation (company phase), earnings analysis (business phase), sales fee analysis (enterprise section);�Chapter 5 and 6, to demonstrate the Regional Market analysis that contains u.s., ecu, Japan, China, India & Southeast Asia, necessities administration application phase Market analysis (with the aid of class);�Chapter 7 and 8, to research the necessities administration software phase Market analysis (by means of utility) primary producers analysis of requirements management software;�Chapter 9, Market style analysis, Regional Market trend, Market fashion by using Product type Cloud, SaaS, web, mobile - Android Native, cellular - iOS Native & different, Market fashion via software Small business, Midsize commercial enterprise, huge business & other;�Chapter 10, Regional marketing class analysis, foreign change class analysis, give Chain evaluation;�Chapter eleven, to analyze the consumers evaluation of world necessities management utility;�Chapter 12,13, 14 and 15, to explain requirements management application income channel, distributors, merchants, dealers, research Findings and Conclusion, appendix and records supply.�
Enquire for personalization in document @�https://www.htfmarketreport.com/enquiry-earlier than-purchase/926272-world-necessities-management-application-market-1�
What this analysis examine offers:�
global necessities management utility Market share assessments for the regional and nation level segments�Market share analysis of the correct industry players�Strategic suggestions for the brand new entrants�Market forecasts for no less than 5 years of all the mentioned segments, sub segments and the regional markets�Market developments (Drivers, Constraints, alternatives, Threats, Challenges, investment alternatives, and proposals)�Strategic suggestions in key business segments in accordance with the market estimations�aggressive landscaping mapping the key usual tendencies�company profiling with specified recommendations, financials, and recent developments�give chain traits mapping the newest technological advancements�
purchase this research document @�https://www.htfmarketreport.com/purchase-now?structure=1&document=926272�
factors for purchasing this file�This file offers pin-aspect evaluation for altering competitive dynamics�It provides a forward searching viewpoint on various factors driving or restraining market increase�It offers a six-year forecast assessed on the groundwork of how the market is expected to develop�It helps in knowing the key product segments and their future�It offers pin aspect evaluation of changing competitors dynamics and maintains you ahead of rivals�It helps in making advised business selections by way of having finished insights of market and through making in-depth evaluation of market segments�
Thanks for analyzing this article; that you may additionally get particular person chapter clever part or place shrewd report edition like North america, Europe or Asia.�
Media ContactCompany name: HTF Market Intelligence Consulting private LimitedContact grownup: Craig FrancisEmail: [email protected]mobilephone: 2063171218Address:Unit No. 429, Parsonage RoadCity: EdisonState: New JerseyCountry: United StatesWebsite: www.htfmarketreport.com/studies/926272-world-necessities-management-software-market-1
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supply:Copyright (c) AB Digital, Inc. All Rights Reserved
Jun 18, 2018
Many groups today are counting on at least two cloud structures for a number of factors, including a want to region workloads the place they fit greatest, cloud locality and regional regulatory requirements, or with no trouble to stay away from being locked in with only 1 supplier, stated Scott Clinton, vice chairman of product marketing at Hortonworks.
At its DataWorks 2018 convention in San Jose, Hortonworks is showcasing elevated partnerships with key cloud companies—Microsoft, Google Cloud, and IBM—along with the launch of Hortonworks statistics Platform 3.0.
Clinton spoke to DBTA ultimate week before the business launched the latest liberate of its flagship platform at its DataWorks 2018 convention in San Jose.
Recognizing that consumers have not best hybrid—spanning on premise and cloud—however also multi-cloud architectures, the more desirable partnerships are geared toward featuring consumers with superior flexibility and choice so one can “align their enterprise method with their data method," Clinton cited.
by way of renewing and lengthening its longstanding relationship with Microsoft, Hortonworks is giving shoppers extra alternative as to the place their analytic and web of things data workloads run. clients can installation Hortonworks information Platform (HDP), Hortonworks DataFlow (HDF) and Hortonworks DataPlane service (DPS) products natively on Microsoft Azure infrastructure as a provider (IaaS) to extract cost from records of every kind. additionally, shoppers can also use Microsoft Azure HDInsight, a fully managed service powered through Hortonworks information Platform which provides Apache Hadoop and Apache Spark.
Enhancements to Hortonworks’ present partnership with Google Cloud extra optimize Hortonworks statistics Platform (HDP) and Hortonworks DataFlow (HDF) for Google Cloud Platform (GCP) to carry subsequent-gen huge data analytics for hybrid cloud deployments. This partnership will permit valued clientele to leverage new innovations from the open source community via HDP and HDF on GCP for sooner company insights.
and at last, IBM and Hortonworks are announcing IBM Hosted Analytics with Hortonworks (IHAH), which items the companies’ integrated solution attainable as a provider on the IBM Cloud. With IHAH, users are given a fully-provisioned statistics administration and analytic environment by means of the cloud, comprising HDP, IBM Db2 big SQL, and the IBM information Science journey, for short setup, provisioning, protection, and deployment.
Hortonworks changed into recently named to the DBTA a hundred 2018 record of businesses that count number Most in information.
For greater assistance about Hortonworks cloud options, go to https://hortonworks.com/products/statistics-platforms/cloud.
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in keeping with the purchase contract AS professional Kapital Eesti purchased 300 000 of the A-shares of AS Tallinna Moekombinaat for 480 000 EUR, which represents 1,four% of all AS Tallinna Moekombinaat shares. The shares have been paid for on 24.01.2017. After the acquisition AS professional Kapital Eesti holds 93,three% of AS Tallinna Moekombinaat shares.
The transaction has no colossal impact on income, assets and liabilities of the issuer.
The seller of the shares became Katmandu Stiftung, Liechtenstein company managed by Mr Ernesto Preatoni. Mr. Ernesto Preatoni and his affiliates are the greatest shareholders of AS seasoned Kapital Grupp. The transaction is a linked birthday party transaction, participants of the issuer's supervisory board and management board aren't personally drawn to the transaction.
AS Tallinna Moekombinaat container of exercise is true property building and its enterprise activity is the construction of T1 browsing and entertainment middle determined in Tallinn.
The purpose of purchase of the participation changed into to increase professional Kapital's shareholding within the company developing T1 browsing and amusement core.
AS Tallinna Moekombinaat monetary effects for old three years:
(in euros) 2015 2014 2013 income 0 0 0 income (loss) for the fiscal 12 months -968 291 145 790 -188 924 profit (loss) for the economic year per share -0,05 0,01 -0,01
AS Tallinna Moekombinaat audited economic reports for the previous three years:
observation of financial place
(in euros) 31.12.2015 31.12.2014 31.12.2013 belongings current belongings cash and bank balances 18 801 forty two 193 2 existing receivables and prepayments 210 908 forty six 958 11 817 complete existing belongings 229 709 89 151 11 819 Non-current belongings investment property 26 300 000 25 seven-hundred 000 24 300 000 total Non-latest assets 26 300 000 25 700 000 24 300 000 complete assets 26 529 709 25 789 151 24 311 819 Liabilities and fairness Liabilities present Liabilities current debt 30 000 0 0 current payables and advances 908 857 183 288 370 668 short-time period provisions 0 0 26 299 complete latest Liabilities 938 857 183 288 396 967 Non-existing Liabilities Non-current debt 2 826 595 2 814 595 2 277 a hundred and twenty Non-latest payables 777 862 39 615 24 401 lengthy-time period provisions 84 467 34 183 0 total Non-present Liabilities three 688 924 2 888 393 2 301 521 total Liabilities 4 627 781 three 071 681 2 698 488 fairness Share capital in nominal price 12 491 259 12 312 000 12 072 000 Unregistered share capital 0 one hundred thirty five 823 0 Share top class 691 839 582 526 0 Statutory reserve 7 290 0 0 Retained earnings 9 679 831 9 541 331 9 730 255 income (loss) for the fiscal 12 months -968 291 a hundred forty five 790 -188 924 total fairness 21 901 928 22 717 470 21 613 331 complete liabilities and fairness 26 529 709 25 789 151 24 311 819
(in euros) 2015 2014 2013 marketing prices -37 870 -47 305 -three 336 Administration prices -380 371 -303 571 -94 352 other working revenue 0 640 318 0 different working expenses -383 048 -348 0 Gross earnings (loss) -801 289 289 094 -ninety seven 688 hobby costs -167 006 -143 331 -91 236 different financial revenue four 27 0 profit (loss) before tax -968 291 one hundred forty five 790 -188 924 income (loss) for the 12 months -968 291 145 790 -188 924
commentary of money flows
(in euros) 2015 2014 2013 money flows from working actions Gross earnings (loss) -801 289 289 094 -97 688 changes other changes 382 645 -636 820 0 total changes 382 645 -636 820 0 changes in trade receivables and prepayments -163 950 116 859 5 739 adjustments in liabilities and prepayments 1 348 201 9 847 -446 014 pursuits got from working actions 4 27 0 complete money flows from operating activities 765 611 -220 993 -537 963 cash flows from investing actions payments for investment property -982 645 -1 015 494 -302 264 total cash flows from investing actions -982 645 -1 015 494 -302 264 money flows from financing actions Proceeds from borrowings 112 000 637 475 839 050 Repayments of borrowings -70 000 -one hundred 000 0 pursuits paid -1 107 -217 146 0 Proceeds from enhance of share capital 152 749 958 349 0 complete cash flows from financing activities 193 642 1 278 678 839 050 total money flows -23 392 42 191 -1 177 money and cash equivalents firstly 42 193 2 1 179 of the yr change in cash and cash equivalents -23 392 42 191 -1 177 money and cash equivalents on the conclusion of the 18 801 42 193 2 12 months
remark of alterations in fairness
(in euros) Issued Unregistered Share Statutor Retained complete capita share premiu y income l capital m reserve (loss) 31.12.2012 12 072 0 0 0 -2 940 028 9 131 000 972 earnings (loss) 0 0 0 0 -188 924 -188 924 for the fiscal 12 months other alterations 0 0 0 0 12 670 283 12 670 in fairness 283 31.12.2013 12 072 0 0 0 9 541 331 21 613 000 331 income (loss) 0 0 0 0 145 790 one hundred forty five 790 for the economic 12 months increase of 240 000 135 823 582 526 0 0 958 349 share capital 31.12.2014 12 312 a hundred thirty five 823 582 526 0 9 687 121 22 717 000 470 earnings (loss) 0 0 0 0 -968 291 -968 291 for the monetary yr increase of 179 259 -135 823 109 313 0 0 152 749 share capital adjustments in 0 0 0 7 290 -7 290 0 reserves 31.12.2015 12 491 0 691 839 7 290 eight 711 540 21 901 259 928
given that the end of the old monetary year no huge adjustments have occurred to the company of AS Tallinna Moekombinaat. On 18.eleven.2016 AS Tallinna Moekombinaat signed a contract for financing the design and building works of the T1 searching and entertainment center, found at Peterburi mnt. 2, Tallinn. the full quantity of the financing settlement is 65 million EUR. The signed financing contract and the money on the disposal of pro Kapital make the T1 shopping and leisure middle undertaking absolutely funded and heading in the right direction to open in autumn 2018.
Overview of the loans taken through AS Tallinna Moekombinaat as of 31.12.2016:
-- AS seasoned Kapital Eesti loan steadiness is of 10 264 220 euros; -- Minor shareholder's Fiducuiaria Emiliana S.R.L. mortgage balance is 196 800 euros; -- Minor shareholder's A.F.I. American monetary Investments Ltd. mortgage stability is 111 375 euros; -- Lintgen adjoining Investments S.à r.l. personal loan stability is 885 500 euros.
AS Tallinna Moekombinaat shareholders structure (submit transaction):
Shareholder number of shares Shareholding % AS seasoned Kapital Eesti 19 659 153 93,three Minority shareholders* 1 722 a hundred thirty five 6,7 complete 21 381 288
* not one of the minority shareholders holds greater than 5% of the shares
AS Tallinna Moekombinaat is not concerned in any court docket or arbitration lawsuits which might also have a big impact on the enterprise exercise of the business (there are not any court or arbitration complaints).
AS Tallinna Moekombinaat and the company should not have any legitimate agreements.
AS Tallinna Moekombinaat supervisory council contributors are: Ernesto Preatoni, Emanuele Bozzone, Paolo Michelozzi. AS Tallinna Moekombinaat management board contributors are: Allan Remmelkoor, Kristjan Kask, Ervin Nurmela.
Allan Remmelkoor Member of the management Board Tel.: +372 6144 920 e mail: email@example.com
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The NBA is a league that has been dominated by way of big guys for a long time. The taller and greater you have been, the stronger your odds would be succeeding on the NBA level.
With a large number of rule adjustments in the remaining decade or two, issues have modified, and the need for a bruiser down low has right now been replaced by using the want of an athletic and brief big man.
Early on this decade it changed into the shooting look after who took the highlight. The actual pioneer of this period turned into Micheal Jordan, however presently after came flashy huge identify stars like Iverson, Carter, Allen, Pierce, Bryant and McGrady, amongst others, had taken over the league with their fabulous scoring skills.
The league is ever-changing and continues to adapt consistently. toward the conclusion of this decade we have considered yet yet another transformation in basketball the place it seems NBA groups have come face to face with the truth they've been attempting to run far from: defense wins championships. Now elite scorers like Monta Ellis and Carmelo Anthony are dropping recognition amongst NBA teams which are constantly prioritizing protection over offense.
despite the NBA's attempts to change the guidelines (remove: hand checking, lower back-to-basket rule, protective three seconds, and so forth) and allow extra fluid offenses, they have not managed to erase the remarkable strategic competencies given to "protecting" teams that may not be very flashy, but proceed to remain atop of the standings.
whereas a whole lot of the NBA's ability consists of interchangeable players, or not it's become clear some positions dominate within the NBA, whereas finding productive skill in others is at once starting to fade away. right here we're going to look at each position in the NBA and investigate which positions are thinner in skill compared to others. The consequences may be remarkable.
Stats are represented as:
RK participant crew GP MPG PTS FG% 3P% feet%
1 of 6RK player GP MPG PTS FG% 3P% toes% 1 Amar'e Stoudemire, PF 78 36.eight 25.three .502 .435 .792 2 Dirk Nowitzki, PF 73 34.3 23.0 .517 .393 .892 3 Blake Griffin, PF 82 38.0 22.5 .506 .292 .642 4 LaMarcus Aldridge, PF 81 39.6 21.8 .500 .174 .791 5Kevin Love, PF seventy three 35.8 20.2 .470 .417 .850 6 Zach Randolph, PF seventy five 36.three 20.1 .503 .186 .758 7 Michael Beasley, PF 73 32.three 19.2 .450 .366 .753 8 David West, PF 70 35.0 18.9 .508 .222 .807 ninePau Gasol, PF eighty two 37.0 18.eight .529 .333 .823 10 Chris Bosh, PF seventy seven 36.3 18.7 .496 .240 .815 RK player GP MPG PTS FG% 3P% toes% 11 Luis Scola, PF 74 32.6 18.three .504 .000 .738 12 Antawn Jamison, PF 56 32.918.0 .427 .346 .731 13 Carlos Boozer, PF 59 31.917.5 .510 .000 .701 14 Paul Millsap, PF 76 34.three 17.3 .531 .391 .757 15 Andray Blatche, PF 64 33.9sixteen.eight .445 .222 .777 16 Josh Smith, PF seventy seven 34.4 sixteen.5 .477 .331 .725 17 Danilo Gallinari, F 62 33.915.6 .414 .352 .862 18 Elton brand, PF eighty one 34.7 15.0 .512 .000 .780 19 Kevin Garnett, PF seventy one 31.3 14.9 .528 .200 .862 20 Lamar Odom, PF eighty two 32.2 14.4 .530 .382 .675 RK participant GP MPG PTS FG% 3P% ft% 21 DeMarcus Cousins, PF 81 28.514.1 .430 .167 .687 22 J.J. Hickson, PF eighty 28.2 13.8 .458 .000 .673 23 Jeff eco-friendly, F 75 32.4 13.3 .449 .303 .811 24 Thaddeus young, F 82 26.0 12.7 .541 .273 .707 25 Carl Landry, PF seventy six 26.four 11.9 .502 .000 .740 26 Glen Davis, PF seventy eight 29.511.7 .448 .133 .736 27 Rashard Lewis, PF fifty seven 32.0 11.7 .433 .357 .802 28 Drew Gooden, PF 35 24.6 11.3 .431 .a hundred and fifty .794 29 Boris Diaw, PF 82 33.nineeleven.three .492 .345 .683 30 Brandon Bass, PF 76 26.1 11.2 .515 .000 .815 RK player GP MPG PTS FG% 3P% ft% 31 Charlie Villanueva, PF 76 21.nine11.1 .442 .387 .767 32 Tyler Hansbrough, PF 70 21.911.0 .465 .000 .779 33 Ryan Anderson, PF sixty four 22.3 10.6 .430 .393 .812 34 Al Harrington, PF 73 22.8 10.5 .416 .357 .735 35 Tyrus Thomas, PF forty one 21.0 10.2 .471 .000 .787 36 Kris Humphries, PF seventy four 27.910.0 .527 .000 .665 37 Serge Ibaka, PF eighty two 27.0 9.9 .543 .000 .750 38 Amir Johnson, PF seventy two 25.7 9.6 .568 .000 .788 39 Ersan Ilyasova, PF 60 25.1 9.5 .436 .298 .894 forty Greg Monroe, PF eighty 27.8 9.4 .551 .000 .622
The vigor forward slot is and has been loaded for a long a time. It will also be argued that power forwards make up the largest element of skill within the NBA if you happen to believe how many herbal PF's play the core and SF positions.
The place holds at least eleven-12 All-Stars, and is additionally occupied through many "border-liners" and possibilities. With six avid gamers scoring as a minimum 20 elements per game and nearly every single PF in the proper 40 being key gamers on their respective groups, the energy ahead is probably the most dominant place, skill-shrewd, in the NBA.
2 of 6RK player GP MPG PTS FG% 3P% ft% 1 Derrick Rose, PG eighty one 37.4 25.0 .445 .332 .858 2 Russell Westbrook, PG 82 34.7 21.9 .442 .330 .842 three Deron Williams, PG sixty five 37.920.1 .439 .331 .845 4 Stephen Curry, PG 74 33.6 18.6 .480 .442 .934 5Tyreke Evans, PG 57 37.0 17.eight .409 .291 .771 6 Tony Parker, PG 78 32.four 17.5 .519 .357 .769 7 Chauncey Billups, PG 72 32.1 sixteen.8 .427 .402 .916 eight John Wall, PG 69 37.eight 16.4 .409 .296 .766 nineBrandon Jennings, PG sixty three 34.four 16.2 .390 .323 .809 10 Chris Paul, PG eighty 36.0 15.9 .463 .388 .878 RK player GP MPG PTS FG% 3P% ft% eleven Raymond Felton, PG 75 36.515.5 .425 .353 .805 12 Rodney Stuckey, PG 70 31.2 15.5 .439 .289 .866 13 Devin Harris, PG seventy one 31.7 15.2 .422 .322 .833 14 Steve Nash, PG seventy five 33.3 14.7 .492 .395 .912 15 D.J. Augustin, PG eighty two 33.6 14.4 .416 .333 .906 16 Mo Williams, PG fifty eight 30.eight 14.0 .399 .324 .853 17 Jrue break, PG eighty two 35.four 14.0 .446 .365 .823 18 Beno Udrih, PG 79 34.6 13.7 .500 .357 .864 19 Lou Williams, PG 75 23.three 13.7 .406 .348 .823 20 Mike Conley, PG eighty one 35.five13.7 .444 .369 .733 RK player GP MPG PTS FG% 3P% toes% 21 Kyle Lowry, PG seventy five 34.2 13.5 .426 .376 .765 22 Ramon periods, PG 81 26.three 13.3 .466 .200 .823 23 Darren Collison, PG seventy nine 29.nine13.2 .457 .331 .871 24 Jameer Nelson, PG 76 30.513.1 .446 .401 .802 25 Baron Davis, PG fifty eight 28.four 13.1 .417 .339 .771 26 Andre Miller, PG eighty one 32.7 12.7 .460 .108 .853 27 Luke Ridnour, PG 71 30.four 11.eight .468 .440 .883 28 Ty Lawson, PG eighty 26.3 11.7 .503 .404 .764 29 Daniel Gibson, PG sixty seven 27.eight eleven.6 .400 .403 .822 30 George Hill, PG 76 28.3 11.6 .453 .377 .863 RK player GP MPG PTS FG% 3P% feet% 31 Gilbert Arenas, PG 70 25.7 10.8 .366 .297 .784 32 Aaron Brooks, PG 59 21.8 10.7 .375 .297 .886 33 Rajon Rondo, PG sixty eight 37.2 10.6 .475 .233 .568 34 Jose Calderon, PG 68 30.nine9.eight .440 .365 .854 35 Gary Neal, PG eighty 21.1 9.8 .451 .419 .808 36 Jordan Farmar, PG 73 24.6 9.6 .392 .359 .820 37 Jose Juan Barea, PG 81 20.6 9.5 .439 .349 .847 38 Jerryd Bayless, PG seventy one 21.1 9.2 .422 .336 .806 39 Jarrett Jack, PG 83 20.7 eight.9 .408 .306 .850 forty Shannon Brown, PG 82 19.1 8.7 .425 .349 .911 X Jason Kidd, PG 80 33.2 7.9 .361 .340 .870
right here that you could see there's a big number of talented element guards in the league, with three PG's scoring extra 20 PPG and 24 others scoring in double figures.
There are as a minimum 10 All-star stage PG's at the moment in the league, however the place is loaded with respectable gamers. nearly all of the excellent PG's are nevertheless young with plenty ahead of them.
3 of 6RK player GP MPG PTS FG% 3P% toes% 1 Kevin Durant, SF seventy eight 38.927.7 .462 .350 .880 2 LeBron James, SF seventy nine 38.eight 26.7 .510 .330 .759 3 Carmelo Anthony, SF 77 35.7 25.6 .455 .378 .838 four Danny Granger, SF seventy nine 35.0 20.5 .425 .386 .848 fiveRudy gay, SF 54 39.919.8 .471 .396 .805 6 Paul Pierce, SF 80 34.7 18.9 .497 .374 .860 7 Luol Deng, SF 82 39.1 17.4 .460 .345 .753 eight Dorell Wright, SF eighty two 38.four sixteen.four .423 .376 .789 nineGerald Wallace, SF 71 37.915.7 .454 .333 .746 10 Wilson Chandler, SF seventy two 33.three 15.3 .450 .350 .807 RK participant GP MPG PTS FG% 3P% toes% 11 Caron Butler, SF 29 29.915.0 .450 .431 .773 12 Tayshaun Prince, SF seventy eight 32.eight 14.1 .473 .347 .702 13 furnish Hill, SF 80 30.1 13.2 .484 .395 .829 14 C.J. Miles, SF 78 25.2 12.eight .407 .322 .811 15 Shawn Marion, SF eighty 28.2 12.5 .520 .152 .768 sixteen Nicolas Batum, SF eighty 31.512.four .455 .345 .841 17 Corey Maggette, SF sixty seven 20.nine12.0 .453 .359 .834 18 Andrei Kirilenko, SF 64 31.2 11.7 .467 .367 .770 19 Carlos Delfino, SF 49 32.four eleven.5 .390 .370 .800 20 Mike Dunleavy, SF sixty one 27.6 11.2 .462 .402 .800 RK player GP MPG PTS FG% 3P% feet% 21 Linas Kleiza, SF 39 26.five11.2 .438 .298 .631 22 Trevor Ariza, SF 75 34.7 11.0 .398 .303 .701 23 Richard Jefferson, SF eighty one 30.4 eleven.0 .474 .440 .759 24 Hedo Turkoglu, SF 81 31.4 10.eight .446 .410 .679 25 Jared Dudley, SF eighty two 26.1 10.6 .477 .415 .743 26 Marvin Williams, SF 65 28.7 10.four .458 .336 .845 27 Martell Webster, SF 46 23.8 9.eight .447 .417 .770 28 Chase Budinger, SF seventy eight 22.three 9.8 .425 .325 .855 29 Reggie Williams, SF 80 20.3 9.2 .469 .423 .746 30 Travis Outlaw, SF 82 28.eight 9.2 .375 .302 .772 RK participant GP MPG PTS FG% 3P% toes% 31 Wesley Johnson, SF 79 26.2 9.0 .397 .356 .696 32 Omri Casspi, SF 71 24.0 eight.6 .412 .372 .673 33 Ron Artest, SF eighty two 29.4 eight.5 .397 .356 .676 34 Peja Stojakovic, SF 33 18.7 8.5 .441 .419 .920 35 Josh Howard, SF 18 22.7 8.four .358 .241 .617 36 Paul George, SF 61 20.7 7.8 .453 .297 .762 37 Shane Battier, SF 82 29.0 7.6 .450 .382 .688 38 Austin Daye, SF 72 20.1 7.5 .410 .401 .759 39 Al Thornton, SF seventy one 19.five7.four .476 .154 .775
The small ahead place has been spearheaded by way of superstars during the decade, and nearly all of small forwards nowadays are meant to be protecting anchors who're nevertheless expected to make contributions on offense.
With about eight All-Stars and just about 10 borderline All-Stars, the SF spot is without doubt one of the most underrated positions in the video game. as a result of the big variety of tweeners and declining veterans, the SF place has become weaker than the PG and PF positions nowadays, however is crammed with more complementary gamers than another position.
four of 6RK player GP MPG PTS FG% 3P% feet% 1 Dwyane Wade, SG 76 37.1 25.5 .500 .306 .758 2 Kobe Bryant, SG 82 33.925.3 .451 .323 .828 three Monta Ellis, SG eighty forty.three 24.1 .451 .361 .789 four Kevin Martin, SG 80 32.five23.5 .436 .383 .888 5Eric Gordon, SG 56 37.7 22.3 .450 .364 .825 6 Stephen Jackson, SG 67 35.nine18.5 .411 .337 .816 7 Joe Johnson, SG 72 35.518.2 .443 .297 .802 eight Nick young, SG sixty four 31.8 17.4 .441 .387 .816 9Manu Ginobili, SG eighty 30.three 17.4 .433 .349 .871 10 DeMar DeRozan, SG 82 34.8 17.2 .467 .096 .813 RK player GP MPG PTS FG% 3P% ft% eleven Ray Allen, SG eighty 36.1 16.5 .491 .444 .881 12 Wesley Matthews, G eighty two 33.6 15.9 .449 .407 .844 13 Jason Terry, SG 82 31.3 15.eight .451 .362 .850 14 Jason Richardson, SG 80 33.nine15.6 .447 .395 .730 15 Jamal Crawford, G 76 30.2 14.2 .421 .341 .854 16 Richard Hamilton, SG 55 27.2 14.1 .429 .382 .849 17 Andre Iguodala, SG 67 36.914.1 .445 .337 .693 18 John Salmons, SG 73 35.0 14.0 .415 .379 .813 19 Vince Carter, SG 73 28.1 14.0 .437 .361 .740 20 Leandro Barbosa, SG 58 24.1 13.three .450 .338 .796 RK player GP MPG PTS FG% 3P% ft% 21 Anthony Morrow, SG fifty eight 32.0 13.2 .450 .423 .897 22 Marcus Thornton, G 73 24.three 12.8 .434 .367 .788 23 Arron Afflalo, SG sixty nine 33.7 12.6 .498 .423 .847 24 J.R. Smith, SG 79 24.nine12.three .435 .390 .738 25 Brandon Roy, SG forty seven 27.912.2 .400 .333 .848 26 James Harden, G eighty two 26.7 12.2 .436 .349 .843 27 Jordan Crawford, SG 42 24.fiveeleven.7 .384 .258 .869 28 O.J. Mayo, SG seventy one 26.three eleven.three .407 .364 .756 29 Ben Gordon, SG eighty two 26.0 11.2 .440 .402 .850 30 Toney Douglas, G eighty one 24.three 10.6 .416 .373 .794 RK player GP MPG PTS FG% 3P% feet% 31 Jodie Meeks, G seventy four 27.910.5 .425 .397 .894 32 Marco Belinelli, SG eighty 24.510.5 .437 .414 .784 33 Kirk Hinrich, G 72 30.0 10.2 .446 .399 .841 34 J.J. Redick, SG fifty nine 25.6 10.1 .441 .397 .875 35 Sasha Vujacic, SG sixty seven 24.6 9.8 .402 .370 .844 36 Randy Foye, G 63 24.6 9.8 .388 .327 .893 37 Landry Fields, G eighty two 31.0 9.7 .497 .393 .769 38 Francisco Garcia, SG fifty eight 23.99.7 .436 .362 .855 39 Gerald Henderson, G sixty eight 24.4 9.6 .454 .194 .785 40 Sonny Weems, SG fifty nine 23.99.2 .444 .279 .766
This one's a shocker.
Has the period of dominant capturing guards within the NBA handed?
The SG position has some superb players at the precise, but the degree of talent on the listing right away drops to usual role-gamers presently after. What's much more striking is that loads of the serviceable capturing guards are the household names we've got been used to over the decade, and they are getting older and older.
There are 5 players who score above the 20-point mark, but lower than half of the excellent 10 in scoring are on winning teams. With only about 5-6 All-Stars on the record and about half a dozen respectable however no longer decent adequate players, the SG position is arguably the second weakest position within the league.
5 of 6RK participant GP MPG PTS FG% 3P% ft% 1 Dwight Howard, C seventy eight 37.6 22.9 .593 .000 .596 2 Andrea Bargnani, C 66 35.7 21.4 .448 .345 .820 three Brook Lopez, C 82 35.2 20.4 .492 .000 .787 four Al Jefferson, C 82 35.918.6 .496 .000 .761 fiveDavid Lee, C 73 36.1 sixteen.5 .507 .333 .787 6 Al Horford, C 77 35.1 15.three .557 .500 .798 7 Nene Hilario, C seventy five 30.five14.5 .615 .200 .711 eight Tim Duncan, C 76 28.4 13.four .500 .000 .716 9Andrew Bogut, C 65 35.3 12.eight .495 .000 .442 10 Channing Frye, C 77 33.0 12.7 .432 .390 .832 RK participant GP MPG PTS FG% 3P% feet% eleven Roy Hibbert, C eighty one 27.7 12.7 .461 .000 .745 12 Chris Kaman, C 32 26.2 12.four .471 .000 .754 13 Marc Gasol, C eighty one 31.9eleven.7 .527 .429 .748 14 Joakim Noah, C forty eight 32.eight 11.7 .525 .000 .739 15 Andrew Bynum, C fifty four 27.8 11.3 .574 .000 .660 16 Emeka Okafor, C seventy two 31.eight 10.three .573 .000 .562 17 Marcin Gortat, C 80 25.four 10.2 .561 .250 .725 18 Yao Ming, C 518.2 10.2 .486 .000 .938 19 Tyson Chandler, C seventy four 27.eight 10.1 .654 .000 .732 20 JaVale McGee, C seventy nine 27.eight 10.1 .550 .000 .583 RK participant GP MPG PTS FG% 3P% ft% 21 Shaquille O'Neal, C 37 20.3 9.2 .667 .000 .557 22 Jason Thompson, C seventy five 23.three 8.eight .507 .000 .605 23 Darko Milicic, C sixty nine 24.four eight.8 .469 .000 .557 24 Nenad Krstic, C seventy one 22.1 8.1 .511 .000 .774 25 Samuel Dalembert, C 80 24.2 8.1 .473 .000 .730 26 Kwame Brown, C 66 26.0 7.9 .517 .000 .589 27 Chuck Hayes, C seventy four 28.1 7.9 .527 .000 .662 28 Spencer Hawes, C 81 21.2 7.2 .465 .243 .534 29 Nazr Mohammed, C 75 17.1 7.1 .522 .000 .598 30 DeAndre Jordan, C eighty 25.6 7.1 .686 .000 .452 RK player GP MPG PTS FG% 3P% ft% 31 Anthony Tolliver, C sixty five 21.0 6.7 .450 .409 .802 32 Robin Lopez, C sixty seven 14.8 6.4 .501 .000 .740 33 Brad Miller, C 60 16.nine6.4 .446 .374 .830 34 Kendrick Perkins, C 29 25.6 6.0 .515 .000 .556 35 Chris Andersen, C forty five 16.three 5.6 .599 .000 .637 36 Nikola Pekovic, C sixty five 13.6 5.5 .517 .000 .763 37 Marreese Speights, C sixty four 11.55.4 .495 .250 .753 38 Jermaine O'Neal, C 24 18.0 5.four .459 .000 .674 39 Ryan Hollins, C 70 sixteen.nine5.three .598 .000 .681 40 Trevor Booker, C sixty five sixteen.4 5.3 .549 .000 .673
The center position has been the weakest place in the NBA from the new millennium onwards. With best two dominant NBA centers within the ultimate 10 years (Shaq, Howard, might be Yao and large Ben), the center position is the weakest behind the other positions with the aid of a large margin.
a big number of the gifted centers are truly power forwards (Jefferson, Bargnani, Duncan, Lee), and although no winner can get anywhere with out one, discovering an excellent NBA core statistically is terribly difficult.
gamers who barely standard 10 elements and eight boards are paid greater than All-Stars. avid gamers like Marc Gasol (eleven.7 aspects, seven boards a game) and Tyson Chandler (eight facets, 9.2 boards a online game) are due close-max contracts this offseason. greater than half of these gamers can be All-Stars statistically if the NBA rules were more lenient on big guys, but these days every different center has an argument with foul trouble and taking part in time.
As I seem to be on the names and notice that there are simplest 19-20 avid gamers who will also be considered "legit" starting centers in the NBA, I come to the conclusion that just being massive and tall not ensures any creation in this league, however it will doubtless assure an enormous contract.
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In conclusion i'd like to say a or not it's staggering how in a different way gamers are statistically compared to my assumption that "it be a degree guards league". earlier than searching on the numbers and making an attempt to choose gamers through their position i believed gifted shooting Guards had been lots more normal than they in fact are. I may well be wrong although, as there are many issues which are crucial characteristics to players which do not display up on stat sheets. Being a middle and not grabbing 10 boards and blocking 2 photographs doesn't suggest your presence does not effect the opposing offense. With that being observed i'd want to notice just a few greater issues:
1) The rating right here listed players by their scoring averages, however I didn't consider gamers good or unhealthy according to their PPG statistic, somewhat I seemed at all stats before writing (just couldn't fit every little thing on here).
2) due to the vastness of what we're measuring here, I did not get into details. When i'd say "this position has about 10 all-stars" I went by using my very own opinion which I base on the players value to their group, their information, and numbers.
three) The guidance listings right here turned into from ESPN, kudos to them for proposing NBA info so with no trouble.
three) every little thing which I actually have written is of my very own opinion and i'm far from an authority at anything. that's why i would like to understand yours! remark and tell me what you consider: Is the league basically some extent take care of league? Are nearly all of power forwards 'second bananas' despite the place extra players with decent stats?
AMSTERDAM, Nov. 6, 2013 /PRNewswire/ --
KEY effects AND tendencies IN 3Q13-- Revenues of USD 5.7 billion; biological(1 )decline of 1% YoY -- EBITDA of USD 2.5 billion; biological(1 )decline of two% YoY -- effects impacted by means of regulatory and governmental measures, market slowdown in addition to one-off costs -- EBITDA biological good YoY with the exception of MTR cuts and one-off expenses -- EBITDA margin of 43.5% -- net money from operating activities of USD 1.7 billion -- complete cellular subscriber base improved 5%(2) YoY to 219 million -- period in-between dividend 2013 of USD 791 million or USD 0.forty five per share declared -- Andrew Davies to start as community CFO on November 7, 2013
"VimpelCom Ltd" ("VimpelCom", "company" or "neighborhood") (NASDAQ: VIP), a number one international issuer of telecommunications features, today broadcasts fiscal and operating effects for the quarter ended September 30, 2013.
JO LUNDER, CHIEF govt OFFICER, feedback:"The third quarter outcomes have been impacted by means of regulatory and competitive pressures. Our underlying efficiency become strong and the operational improvements we are making in Russia are heading in the right direction, with cellular provider income boom of 3%. To stronger serve our shoppers, we plan extra huge funding in our mobile information networks in Russia within the final quarter of the year. In Italy, we have persisted to benefit cell market share although competitors continues to be amazing. The Africa & Asia enterprise unit delivered stable EBITDA and carrying on with mighty subscriber increase. In Ukraine, we experienced massive drive on our outcomes and we're taking measures to enhance our efficiency. The CIS business unit showed organic income boom of 9% and a considerable raise within the customer base. typical, cellular information revenues once more confirmed amazing increase. Our EBITDA margin remained amongst the optimum within the trade at forty three.5%, and cash flows from our working companies were solid at USD 1.7 billion. we are able to remain focused on providing price to our valued clientele and shareholders."
CONSOLIDATED financial AND working HIGHLIGHTSUSD mln 3Q13 3Q12 pronounced organic YoY 9M13 9M12 stated organic YoY YoY YoY complete operating revenues 5,685 5,747 -1% -1% sixteen,994 17,111 -1% 0% EBITDA 2,474 2,530 -2% -2% 7,247 7,322 -1% 0% EBITDA margin forty three.5% forty four.0% - 42.6% forty two.eight% - EBIT 1,233 1,255 -2% three,564 3,462 3% net revenue as a result of VimpelCom shareholders 255 538 -fifty three% 1,236 1,344 -eight% EPS, simple (USD) 0.15 0.33 -55% 0.73 0.eighty three -12% Capital expenses (3) 1,040 829 25% 2,426 2,489 -three% net money from operating actions 1,675 1,998 -16% four,341 four,956 -12% internet debt / LTM EBITDA 2.3 2.four - 2.three 2.4 - total mobile subscribers (hundreds of thousands) (2) 219 209 5% 219 209 5% 1) organic earnings and EBITDA growth are non-GAAP financial measures that exclude the impact of international forex actions and certain gadgets like liquidations and disposals. For more assistance please see the definition of biological boom salary and EBITDA in Attachment E. 2) The subscriber numbers for 2012 had been adjusted to eliminate subscribers in operations that have been offered and to replicate revised subscriber numbers in Algeria, due to the mentioned technical situation, and Ukraine where the definition of subscribers were aligned to the group definition. three) Capex 9M13 excludes EUR 136 million of non-money increase in Intangible belongings related to the contract with Terna in relation to the right of means of WIND's backbone. Capex includes 3G license in Bangladesh of USD 110 million. For all definitions please see Attachment E.
biological growth income AND EBITDA3Q13 vs 3Q12 ------------ income EBITDA ------- ------ company devices biological FX and others reported biological FX and others mentioned Russia +1% -2% -1% 0% -2% -2% Italy -6% +6% 0% -6% +6% 0% Africa & Asia -1% -three% -4% -1% -1% -2% Ukraine -7% 0% -7% -10% 0% -10% CIS +9% -2% +7% +6% -1% +5% total -1% 0% -1% -2% 0% -2% 9M13 vs 9M12 ------------ income EBITDA ------- ------ company units biological FX and others said biological FX and others stated Russia +4% -2% +2% +three% -2% +1% Italy -8% +three% -5% -7% +three% -four% Africa & Asia -1% -4% -5% -1% -three% -four% Ukraine -2% 0% -2% -6% 0% -6% CIS +sixteen% -2% +14% +24% -2% +22% total 0% -1% -1% 0% -1% -1%
PRESENTATION OF fiscal results
VimpelCom results presented in this salary liberate are according to IFRS and haven't been audited.
definite quantities and percentages that appear in this income unencumber were subject to rounding alterations. in consequence, certain numerical figures proven as totals, including in tables, may also no longer be accurate arithmetic aggregations of the figures that precede or comply with them.
STRATEGIC update AND main movements-- VimpelCom switched its advertisements checklist to NASDAQ and became introduced to NASDAQ-100® Index -- meantime dividend 2013 of USD 791 million or USD 0.45 per share declared -- Awarded 3G license in Bangladesh -- Awarded provisional 3G license in Algeria, first rate approval to import 3G machine -- Andrew Davies to delivery as group CFO on November 7, 2013 -- Mikhail Slobodin began as Head of enterprise Unit Russia -- Analyst & Investor convention on January 28 and 29, 2014
VimpelCom switched the list of its ADSs to the NASDAQ global stock Market from the big apple inventory change (NYSE) on September 10. Shareholders permitted technical amendments to the bye-laws related to the change to NASDAQ at a distinct commonplace meeting on September 25. given that the checklist on NASDAQ, VimpelCom accomplished one more fundamental milestone with its inclusion in the NASDAQ-a hundred® Index on October 29.
In September, the business's working unit in Bangladesh, banglalink, bought a 5 MHZ block of 3G spectrum. the entire rate of the spectrum turned into USD a hundred and ten million including 5% VAT. The license can be legitimate for 15 years.
The company's subsidiary in Algeria, Orascom Telecom Algerie (OTA), was granted one of the vital three provisional 3G licenses. remaining licenses with the valuable coverage obligations are expected to be granted after fee of fees, satisfaction of the circumstances indicated in the soft files and receipt of clearances and approvals from a considerable number of governmental authorities. The 3G license will cost DZD 3 billion (approximately USD 40 million) and may be legitimate for 15 years, after which successive renewals could be in 5-year fixed terms. OTA obtained a great approval from the financial institution of Algeria allowing OTA to make foreign funds to acquire equipment solely committed to 3G applied sciences. This approval is a conditioned derogation to the present ban on overseas payments.
Andrew Davies will birth as VimpelCom's new group CFO on November 7, 2013.
In September, VimpelCom announced the advertising of Anton Kudryashov to the neighborhood govt Board as Chief community enterprise building and Portfolio Officer and the appointment of Mikhail Slobodin as Head of the Russia enterprise Unit.
The Supervisory Board approved the charge of an meantime 2013 dividend of USD 791 million, or USD 0.45 per general share. The interim dividend is based on the business's brought up dividend instructions, under which VimpelCom aims to pay out as a minimum USD 0.eighty per share per yr, assuming 1,757 million normal shares issued and excellent. For the total dividend instructions, please check with the company's web site at vimpelcom.com. The checklist date for the company's shareholders entitled to receive the dividend has been set for November 18, 2013. The ex-dividend date is November 14, 2013. it is expected that the dividend may be paid in December 2013. The enterprise will make applicable tax withholdings of up to fifteen% when the dividend is paid to the business's advertisements depositary, The bank of new york Mellon.
VimpelCom will host its subsequent annual Analyst & Investor convention on January 28 and 29, 2014 in London, when the enterprise will give an replace on its approach, the price Agenda. The adventure will even be purchasable by means of webcast.
VIMPELCOM community - economic AND operating outcomes 3Q13-- Revenues of USD 5.7 billion, an organic decline of 1% YoY, impacted by using MTR cuts in Italy -- EBITDA of USD 2.5 billion, an biological decline of 2% YoY, primarily due to at least one-off expenses of USD 27 million, MTR cuts in Italy and VoIP deactivation have an impact on in Bangladesh -- EBITDA margin of forty three.5%CAPEX of USD 1.0 billion; LTM CAPEX(1)/ Revenues of 17% -- internet money from working actions of USD 1.7 billion -- web debt / LTM EBITDA of two.3x at the conclusion of 3Q13 -- total cellular subscriber base up 5%(2) YoY to 219 million
operating performance OVERVIEW In USD phrases, 3Q13 revenues have been negatively impacted by regulatory and governmental movements within the enterprise unit in Africa & Asia and the MTR cuts in Italy. certainly, except for the discount of MTR in Italy, group revenues would have remained strong organically YoY.
The enterprise's total cell subscriber base multiplied by 5%(2) YoY to 219 million at the conclusion of the third quarter. The greatest absolute contribution got here from a considerable raise in subscribers in A&A. VimpelCom also delivered subscriber increase in all different company instruments.
In Russia, the company continued a favorable vogue, youngsters at a slower pace, supplying biological revenue increase of 1% YoY. mobile information revenues improved 30% YoY. cell broadband subscribers in Russia improved 20% YoY to 3.0 million, while the fastened broadband subscriber base became sturdy YoY at 2.three million.
In Italy, WIND persevered to outperform its peers and further bolstered its position in a market which grew to become much more competitive in July and August. throughout September, there become lower promotional pressure through the massive three cellular operators, the first high-quality signal of stabilization available in the market. In local forex, mobile internet revenues extended 44% YoY and stuck broadband revenues extended eight% YoY.
The Africa & Asia business Unit became impacted via regulatory and governmental actions in several nations. Revenues declined 1% YoY organically in 3Q13. In Algeria, Djezzy maintained its leadership place, with revenues a bit up YoY regardless of barriers as a result of the on-going restrictions in the country. In Pakistan, salary increase was impacted with the aid of a number of government-pressured cellular community closures and a severe vigour blackout. In Bangladesh, the decline in revenues was above all as a result of the ongoing deactivation of suspected VoIP purchasers in compliance with new laws set via the regulator. The subscriber base in the Africa & Asia business unit elevated 4% YoY to about 87 million.
The Ukraine enterprise Unit extended its subscriber base by means of 6% YoY to 26 million. complete revenues diminished 7% YoY. fastened-line revenues were up 9% YoY mainly as a result of a 50% YoY increase in fixed residential broadband revenues. mobile revenues declined 8% YoY as clients switched to low priced bundled tariff plans, difficulties in up-promoting of the subscriber base to better bundles and an unsuccessful precise-up plan.
The CIS enterprise Unit continued to bring amazing organic income increase YoY, with consequences making the most of the situation in Uzbekistan. The company continues to face chiefly robust competition in Kazakhstan, as well as in Armenia and Kyrgyzstan. In Kazakhstan, VimpelCom is transitioning its subscriber base to bundled tariff plans. The business's competitive market position enhanced as a result of its new fascinating cost proposition.1) CAPEX except licenses and EUR 136 million of non-cash boost in Intangible property concerning the contract with Terna 2) Following the sale of Vietnam and Cambodia the subscriber numbers for 2012 exclude Vietnam and Cambodia subscribers. The 2012 numbers for Algeria had been adjusted for the technical situation and in Ukraine for the definition alignment as communicated in 2Q13 revenue liberate.
operating FINANCIALS PER company UNITUSD mln 3Q13 3Q12 pronounced YoY organic YoY 9M13 9M12 suggested YoY biological YoY complete working revenues 5,685 5,747 -1% -1% sixteen,994 17,111 -1% 0% of which: BU Russia 2,298 2,326 -1% 1% 6,936 6,818 2% four% BU Italy 1,657 1,662 0% -6% four,934 5,202 -5% -eight% BU Africa & Asia 869 904 -four% -1% 2,643 2,784 -5% -1% BU Ukraine 420 452 -7% -7% 1,216 1,243 -2% -2% BU CIS 513 478 7% 9% 1,445 1,268 14% sixteen% different (seventy two) (seventy five) - - (a hundred and eighty) (204) - - EBITDA 2,474 2,530 -2% -2% 7,247 7,322 -1% 0% of which: BU Russia 980 1,005 -2% 0% 2,939 2,900 1% 3% BU Italy 673 672 0% -6% 1,901 1,983 -4% -7% BU Africa & Asia 415 424 -2% -1% 1,268 1,314 -4% -1% BU Ukraine 208 231 -10% -10% 595 632 -6% -6% BU CIS 246 234 5% 6% 706 577 22% 24% different (48) (36) - - (161) (84) - - EBITDA margin 43.5% forty four.0% 42.6% 42.eight% Capital charges* 1,040 829 25% 2,426 2,489 -three% -------------------- ----- --- --- ----- ----- --- * Capex 9M13 excludes EUR 136 million of non-money boost in Intangible belongings concerning the contract with Terna in relation to the right of means of WIND's spine
economic efficiency OVERVIEWEBITDA diminished 2% YoY, reflecting the poor have an effect on of the reduction of MTR in Italy, the VoIP impact in Bangladesh and certain one-off expenses of about USD 27 million related to restructuring expenses, rebranding in Pakistan, an adjustment in Kazakhstan concerning USB-dongles salary awareness and M&A linked costs. in the equal quarter a yr in the past, the company recorded a one-off unlock of a provision in Kazakhstan of USD 13 million. Underlying EBITDA except for MTR cuts and one-offs would were stable YoY.
In Russia, EBITDA became stable YoY organically as a result of reinvestment of discounts from the operational excellence software within the community and owned mono-company outlets.
In Italy, EBITDA declined 6% YoY organically, certainly because of the MTR cuts in January 2013 and July 2013 and to the power on carrier revenues as a result of severe competitors.
In Africa & Asia, EBITDA declined 1% YoY organically despite governmental and regulatory movements in Pakistan and Bangladesh and one-off rebranding prices in Pakistan.
In Ukraine, EBITDA declined 10% YoY organically specially because of reduce YoY revenues, better business costs as a consequence of a rise in mobile gross additions and growth in network & IT charges, partly offset through a decline in HR costs.
In CIS, EBITDA improved 6% YoY organically, pushed primarily by way of a strong performance in Uzbekistan following the persevered closure of a competitor's community via the Uzbek authorities, which began in 3Q12.
EBIT in 3Q13 lowered through 2% YoY mainly as a result of the negative EBITDA circulate as well as an impairment on definite device and Laos goodwill, partly offset through the positive have an impact on of declining amortization applied to intangible property associated with consumer relationships, as a part of the Wind Telecom acquisition.
earnings earlier than tax lowered with the aid of 17% YoY to USD 665 million, compared to profit before tax of USD 802 million in the equal period a 12 months ago. The decrease is essentially the outcome of bad FX results and better finance prices due to the Eurobonds issued in 1Q13 for the compensation of maturing debt in 2013 and 2014.
web income caused by VimpelCom shareholders of USD 255 million in 3Q13 compared to net revenue of USD 538 million in 3Q12. The reduce is notably the influence of lower profit before tax and better tax costs. The larger tax charges are because of a deferred tax provision involving deliberate, future intragroup dividends from OJSC VimpelCom.
CAPEX totaled USD 1.0 billion in 3Q13, reflecting the persisted roll out of the mobile networks in Russia, Bangladesh and CIS, as well because the persevered roll out of HSPA(+) and spine capability to assist facts increase in Italy and acquisition of 3G license in Bangladesh. LTM CAPEX aside from licenses to revenues stood at 17%. due to accelerated investments in Russia, the enterprise expects FY13 CAPEX except licenses to be approximately 20% of profits.
profits commentary featuresUSD mln 3Q13 3Q12 YoY 9M13 9M12 YoY total working revenues 5,685 5,747 -1% sixteen,994 17,111 -1% EBITDA 2,474 2,530 -2% 7,247 7,322 -1% EBITDA margin 43.5% forty four.0% forty two.6% 42.8% EBIT 1,233 1,255 -2% 3,564 three,462 three% economic revenue and expenses (526) (472) eleven% (1,548) (1,391) 11% web international trade (loss)/profit and others (42) 19 n.m. (46) 53 n.m. income before tax 665 802 -17% 1,970 2,124 -7% earnings tax rate (390) (225) seventy three% (807) (711) 14% income for the duration 275 577 -fifty two% 1,163 1,413 -18% web profits brought on by VimpelCom shareholders 255 538 -fifty three% 1,236 1,344 -eight% ------------------------------------------------- --- --- --- ----- ----- ---
remark OF monetary place & cash flowUSD mln 3Q13 2Q13 QoQ complete belongings 53,051 52,547 1% Shareholders' fairness 14,255 13,999 2% Gross debt 27,566 27,386 1% net debt 22,485 22,622 -1% ---- ------ ------ --- USD mln 3Q13 3Q12 YoY 9M13 9M12 YoY net money from working activities 1,675 1,998 -16% four,341 4,956 -12% web cash used in investing actions (979) (1,137) -14% (2,710) (3,493) -22% internet cash used in financing activities (316) (481) -34% (1,545) (462) +234% ---------- ---- ---- --- ------ ---- ----
total property multiplied via 1% QoQ in 3Q13 to USD 53.1 billion, basically reflecting an increase in property and machine. Gross debt improved 1% QoQ in 3Q13 to USD 27.6 billion, essentially as a result of unfavorable FX actions. net debt decreased 1% QoQ to USD 22.5 billion, leading to a net debt to LTM EBITDA ratio of two.3x at the conclusion of the third quarter. The decline in internet debt in 3Q13 primarily displays cash circulation generated from operations.
web cash from working activities become USD 1.7 billion in 3Q13, a lower of sixteen% YoY, explained by a lower interest received in comparison to 3Q12 when earnings from a derivatives settlement changed into covered. net cash utilized in investing activities reduced 14% to USD 1.0 billion in 3Q13 compared to USD 1.1 billion in 3Q12. The lower in web cash used in financing actions in 3Q13 compared to 3Q12 changed into notably the effect of reduce loan repayments.
business contraptions efficiency IN 3Q13-- Russia -- Italy -- Africa & Asia -- Ukraine -- CIS
enterprise UNIT RUSSIA - economic AND operating effects-- profits elevated 1% YoY with three% growth in mobile service revenues -- cell records earnings grew 30% YoY with 35% YoY growth in data revenues from small screens -- solid EBITDA YoY, resulting in an EBITDA margin of forty two.6% -- cell subscriber base extended 3% YoY to 58.1 million; cell broadband subscribers up 20% to three million
VimpelCom´s Russian business Unit endured to record increase in cell service revenues, peculiarly supported by expanding cell facts revenues. The cellular subscriber base expanded 3% YoY to 58.1 million. The enterprise will proceed to focus on cellular provider earnings growth, supported by means of improvements within the high-quality of the cell information community, expanding the variety of owned mono-brand retailers and decreasing churn.
mobile revenues multiplied 1% YoY, basically pushed by way of cell records earnings increase of 30%, while statistics revenues from small displays accelerated 35% YoY. The amazing growth of cell records revenues more than offset the decline in cell voice revenues in 3Q13. ARPU declined a bit of YoY to RUB 349. cell voice revenues lowered due to a mixture of declining voice commonplace price per minute and a rise in bundle subscribers with larger consumption of information features that shifts allocation of revenues in opposition t statistics. The increase of mobile carrier revenues become partly offset via declining revenue of machine and add-ons after the wholesale contract with Apple become terminated earlier this yr.
fastened-line revenues accelerated three% YoY, especially driven by using eight% YoY increase in FTTB revenues. growth in mounted-line revenues is moderating, in keeping with the business´s approach of specializing in profitability in areas the place it currently has significant market share, thereby specializing in CAPEX and OPEX efficiency and extending ARPU within the FTTB segment.
EBITDA become strong with expanding carrier revenues, notably as a result of rising network and IT fees on account of the increased demand-driven community investments and start-up costs because of the persevered rollout of owned mono-manufacturer shops. EBITDA margin lowered 0.6 p.p. YoY to forty two.6%
VimpelCom has well-nigh reached parity in great of the cell community in key strategic areas in Russia with big improvements of its facts community and strong excessive first-class in voice. Now seventy three% of all 3G base stations in Russia are related via IP, an increase of 46 p.p. YoY. The quantity of 3G base stations accelerated by means of 38% YoY to more than 24 thousand. The first-class of the mobile information community in Moscow is improving speedy to be on par with competitors by way of the conclusion of 2013. end-consumer speeds accelerated 122% YoY with simultaneous 350% site visitors increase while ninety three% of the 3G stations is related by the use of IP, with a one hundred ninety% YoY enhance in 3G base stations.
VimpelCom continues to extend its network of owned mono-manufacturer outlets and now owns greater than 1,a hundred and fifty outlets on the end of 3Q13. The business goals so as to add greater outlets in the fourth quarter of the year. one of the advantages of an elevated number of owned mono-manufacturer shops is that VimpelCom may be in a position to offer better client carrier and provide an stronger product providing to subscribers, which reduces churn.
In September, VimpelCom announced the appointment of Mikhail Slobodin because the new Head of the Russian enterprise Unit, succeeding Anton Kudryashov, who become promoted to the group executive Board as Chief community company building and Portfolio Officer. other strategic appointments made in the Russian company Unit in October included Nikolay Ivanov as the new Chief financial Officer and Artem Nitz as Chief approach Officer. The bolstered administration group will continue the implementation of the already launched strategic initiatives to be certain endured growth of the Russian business.
KEY tendencies 3Q13-- complete income in Russia grew 1% YoY to RUB 75.four billion. -- cellular revenues expanded 1% YoY to RUB sixty two.four billion, with cell service revenues up 3% YoY. -- fastened-line revenues expanded 3% YoY to RUB 13.0 billion, with fixed-line carrier revenues up 3% YoY. -- EBITDA changed into good YoY at RUB 32.1 billion. -- EBITDA margin became forty two.6%. -- The cell subscriber base extended three% YoY to 58.1 million; cell broadband subscribers elevated 20% YoY to 3.0 million. The fixed broadband subscriber base was good YoY at 2.3 million. -- cellular ARPU declined a little YoY to RUB 349. -- cellular records site visitors grew 106% YoY. -- LTM CAPEX/Revenues changed into 19%. The company expects CAPEX/Revenues to raise to as much as 22% in FY13. VimpelCom continues to be on track to bring persisted improvement in community great to help Russian's boom of cell information.
RUSSIA KEY symptomsRUB mln 3Q13 3Q12 YoY 9M13 9M12 YoY total working revenues seventy five,354 seventy four,458 1% 219,250 211,738 four% complete operating charges 43,223 42,278 2% 126,307 121,638 4% EBITDA 32,131 32,one hundred eighty 0% 92,943 90,a hundred 3% EBITDA margin forty two.6% forty three.2% - forty two.four% forty two.6% - Capex 12,946 10,288 26% 30,921 25,623 21% Capex / revenues 17% 14% - 14% 12% - cell mobile complete working revenues 62,395 sixty one,842 1% 181,766 a hundred seventy five,343 four% -of which mobile records eight,054 6,210 30% 22,897 17,293 32% cell subscribers ('000) 58,103 56,181 3% 58,103 fifty six,181 three% -of which cellular broadband ('000) three,012 2,507 20% 3,012 2,507 20% cell ARPU (RUB) 349 352 -1% MOU (min) 290 282 three% fastened- line fixed- line complete working revenues 12,960 12,617 3% 37,484 36,395 three% mounted- line broadband revenues three,119 2,891 eight% 9,479 eight,571 11% fixed- line broadband subscribers ('000) 2,302 2,294 0% 2,302 2,294 0% fixed- line broadband ARPU (RUB) 443 421 5% --------- --- --- ---
business UNIT ITALY - fiscal AND operating effects-- endured outperformance despite incredibly competitive market atmosphere -- complete revenues at EUR 1.25 billion down 6% YoY; with the exception of MTR have an effect on, total revenues declined 1% -- EBITDA margin increases to 40.6%; EBITDA down 6%; apart from MTR influence, EBITDA down four% -- cell subscriber base accelerated four% YoY to 22.four million -- powerful statistics profits growth: mobile internet up forty four% YoY and glued broadband up eight% YoY
In Italy, WIND persisted to outperform its competitors in 3Q13 regardless of the fierce aggressive environment, especially in July and August. In September, WIND and both incumbents didn't renew their aggressive summer promotions, resulting in a extra sturdy cellular market.
total revenues in 3Q13 diminished 6% YoY, basically as a result of the competitive force on costs and the two cuts in cellular termination charges which occurred in 2013. apart from the MTR have an impact on total revenues declined 1%.
mobile service revenues in 3Q13 lowered 7%, on account of the aforementioned MTR cuts, internet of which they'd were sturdy, and of the intensified fee competitors witnessed during July and August. WIND's mobile subscriber base multiplied 4% YoY driven by using the success of its All-Inclusive bundles that are characterized by means of the simplicity and transparency of the offerings.
WIND continued to convey strong gross adds in 3Q13 youngsters these were somewhat beneath those posted in old months on account of reduce promotions which in flip ended in lessen subscribers acquisition prices. The extra rational market also resulted in lower churn for WIND in September resulting in a good efficiency on internet provides.
In mounted-line, carrier revenues decreased 7%, primarily because of the decline in the normal client base on account of the new method concentrated on bigger margin LLU customers and cheaper pull sales channels. The efficiency was additionally negatively impacted with the aid of the EUR 7 million web site sharing revenues reclassified from carrier revenues with a view to lessen condo fees. The strategy continues to convey strong results with a considerable raise in mounted-line marginality.
In 3Q13, WIND posted strong consequences in its statistics choices with mobile internet revenues up 44% YoY and glued broadband revenues increasing by using eight% YoY. cellular broadband consumer subscribers grew 64% YoY, whereas fixed LLU broadband valued clientele remained good.
EBITDA in 3Q13 declined by means of 6% YoY, due to the above mentioned intensified price competition faced within the mobile market and MTR cuts. except the MTR impact, EBITDA declined 4%. EBITDA margin in 3Q13 accelerated slightly YoY (+0.2 p.p.) to 40.6%.
In 3Q13, LTM operational cash move, defined as EBITDA minus CAPEX, remained potent and extended over the outdated yr by way of 2%.
KEY trends 3Q13-- total revenues declined 6% YoY to EUR 1,250 million; excluding MTR have an effect on total revenues declined by means of 1%. -- EBITDA declined 6% to EUR 507 million, with margin improving to 40.6%. -- CAPEX totaled EUR 153 million, which was invested primarily within the enlargement of cellular HSPA(+) coverage, skill, and performance, as neatly as within the backhaul capability to help the effective information increase. -- cellular customer base expanded 4% YoY to 22.four million subscribers. cellular broadband purchaser subscribers grew sixty four% YoY. -- cellular facts ARPU expanded by 16% to EUR four.7, accounting for 37% of the complete ARPU. total cell ARPU declined to EUR 12.5, on account of the excessive aggressive environment that negatively impacted expenses in July and August coupled with the two MTR cuts. additionally, ARPU changed into impacted by the ongoing success of WIND's records-best SIM card choices for tablets, PCs and dongles, which don't generate voice revenues. -- In mounted-line, LLU broadband and dual play subscribers both remained good at 1.85 million. -- fixed-line ARPU declined marginally to EUR 30.0 with mounted Broadband ARPU expanding 9% YoY to EUR 20.4.
ITALY KEY indicatorsEUR mln 3Q13 3Q12 YoY 9M13 9M12 YoY total working revenues 1,250 1,329 -6% 3,746 four,058 -eight% complete working fees 743 792 -6% 2,303 2,510 -eight% EBITDA 507 537 -6% 1,443 1,549 -7% EBITDA margin forty.6% 40.4% - 38.5% 38.2% - Capex (1) 153 222 -31% 498 658 -24% Capex (1)/ revenues 12% 17% - 13% 16% - cell total revenues 926 959 -three% 2,741 2,957 -7% Subscribers ('000) 22,394 21,455 4% 22,394 21,455 4% -of which cell broadband ('000) (2) 7,760 four,734 64% 7,760 four,734 64% ARPU (EUR) 12.5 14.0 -eleven% MOU (min) 240 202 19% fixed complete revenues 325 370 -12% 1,005 1,101 -9% total voice subscribers ('000) three,002 three,138 -four% three,002 three,138 -4% complete mounted-line ARPU (EUR) 30.0 30.7 -2% Broadband subscribers ('000) 2,191 2,216 -1% 2,191 2,216 -1% Broadband ARPU (EUR) 20.four 18.7 9% twin-play subscribers ('000) 1,853 1,854 0% 1,853 1,854 0% --------------------- ----- ----- --- ----- ----- --- 1) CAPEX excludes EUR 136 million of non-cash raise in Intangible belongings regarding the contract with Terna in relation to the correct of manner of WIND's spine in 9M13. CAPEX 2012 comprises LTE license fees 2) mobile broadband consist of client valued clientele which have carried out at the least one cell cyber web event in the outdated Month on 2.5G/3G/ 3.5G
business UNIT AFRICA & ASIA - monetary AND operating outcomes-- revenue of USD 869 million, an organic decline of 1%, impacted with the aid of regulatory and governmental movements -- EBITDA declined 1% YoY organically, leading to an EBITDA margin of 47.7% -- Subscriber base elevated four% to 87.2 million, driven by using consistent boom in Pakistan and Bangladesh
earnings in the Africa & Asia enterprise unit reduced 1% YoY organically to USD 869 million, due to the terrible have an impact on of regulatory and governmental moves. EBITDA declined 1% YoY organically at USD 415 million. youngsters, EBITDA protected one-off objects in complete of USD 7 million; a restructuring cost for global Telecom maintaining and rebranding can charge linked to Mobilink, Pakistan. without these one-offs, EBITDA would have been solid YoY organically. stated results in US dollar phrases have been adversely suffering from local foreign money devaluation towards the united states dollar, specially in Pakistan, which resulted in a reported salary decline of four% YoY and an EBITDA decline of two% YoY. The subscriber base in the Africa & Asia business unit increased 4% to 87.2 million.
ALGERIA ("DJEZZY") Djezzy's income have been good YoY in local forex, pushed through larger mobile data revenues EBITDA reduced 2% YoY, because of the inability of competitive pricing plans for B2B and high-value customers, which led to pretty much flat revenues YoY, in parallel with the increase in HR and condominium expenses. Djezzy turned into awarded a provisional 3G license on October 14, 2013. The ultimate license with the imperative coverage obligations are anticipated to be granted after charge of prices, pride of conditions indicated within the smooth documents and receipt of clearances and approvals from various governmental authorities. The license will charge DZD three billion (approx. USD 40 million) and will be legitimate for 15 years. Djezzy has received a very good approval from the financial institution of Algeria, permitting it to make international funds to acquire device solely committed to 3G technologies. Djezzy's subscribers' base grew 2% YoY to 17.0 million purchasers with a market share of fifty three%.
PAKISTAN ("MOBILINK") both salary and EBITDA extended 5% YoY, pushed through better VAS, facts and different revenues alongside a better subscriber base, which grew 4% YoY to 37.four million purchasers with a solid YoY ARPU. boom in subscribers resulted from persevered management of churn coupled with a focus on reactivation presents, the launch of competitive bundles and records items. The political and economic panorama, coupled with harsh weather situations and floods, impacted the operating environment all over 3Q13, extra aggravated with the aid of a power shortage.
The executive accelerated industrial electrical energy tariffs through 30% useful October 1, 2013. at the identical time, the executive elevated petroleum expenditures by means of 5% to PKR 108/liter. effective July 1, 2013, withholding tax on recharge become extended through 5% to fifteen%. The devaluation of the local forex against the us greenback endured. After the PTA Chairman took charge, the preliminary technique for the 3G spectrum auction become initiated.
BANGLADESH ("BANGLALINK") In 3Q13, banglalink subscribers grew 5% YoY to twenty-eight.1 million shoppers. revenue diminished 15%, as a result of lessen usage per subscriber, littered with the implementation of regulatory directives to deactivate suspected VoIP valued clientele. As in the past communicated, the deactivation of suspected VoIP valued clientele, in compliance with laws set through BTRC, is anticipated to have a protracted bad have an impact on all over 2013. furthermore, fifteen days of country wide strikes throughout 3Q13 negatively impacted the company. EBITDA grew 5% YoY despite the YoY decline in revenues. EBITDA boom turned into supported with the aid of discounts on G&A and network charges, and decrease SIM tax subsidy. On September eight, 2013, banglalink was officially introduced as one of the crucial winners of the 3G spectrum public sale, performed with the aid of BTRC. the entire expense for the 5MHz of 3G spectrum obtained, changed into USD 110 million, inclusive of 5% VAT and the license is valid for 15 years. The govt will allow banglalink to offer LTE and 4G functions over its 3G spectrum, in addition to on the present 2G spectrum, area to permissions. banglalink launched 3G features on October 10, 2013. The govt directed all cell operators to comprehensive the MNP technique inside seven months useful June 13, 2013. mobile operators were recommended to finalize the details of the MNP process and governance modality collectively. although, MNOs have responded that timing is not appropriate because the 3G system and the timeline to put in force MNP isn't feasible and the timeline should be set realistically handiest after session.
SOUTH EAST ASIA After the sale of Vietnam in 2012 and Cambodia in April 2013, Laos is the handiest operator closing from our South East Asia cluster. Revenues in Laos decreased a little bit YoY, as outcome of a decrease subscriber base.
AFRICA & ASIA* KEY symptomsUSD mln 3Q13 3Q12 YoY 9M13 9M12 YoY complete working revenues 869 904 -4% 2,643 2,784 -5% complete working costs 454 480 -5% 1,376 1,470 -6% EBITDA 415 424 -2% 1,268 1,314 -four% EBITDA margin forty seven.7% 46.9% - forty eight.0% 47.2% - Capex ** a hundred ninety 57 233% 289 200 44% Capex / revenues 22% 6% - 11% eight% - cellular Subscribers ('000)*** 87,213 84,168 four% 87,213 eighty four,168 four% ------------------ ------ ------ --- ------ ------ --- * Africa & Asia operations include operations in Algeria, Pakistan, Bangladesh, Sub-Saharan Africa and South East Asia. For details per country unit please see Attachment B ** CAPEX incl. USD 110 million for 3G license in Bangladesh *** Following the sale of Vietnam and Cambodia the subscriber numbers for 2012 exclude Vietnam and Cambodia subscribers. In addition, the subscriber base in Algeria has been adjusted retroactively for the technical subject
AFRICA & ASIA company UNIT: nation detail
ALGERIADZD bln 3Q13 3Q12 YoY 9M13 9M12 YoY complete working revenues 36 36 0% 107 106 1% EBITDA 21 21 -2% sixty three sixty three -1% EBITDA margin fifty seven.2% 58.6% fifty eight.8% fifty nine.6% ------------- ---- ---- ---- ----
PAKISTANPKR bln 3Q13 3Q12 YoY 9M13 9M12 YoY complete operating revenues 27 26 5% eighty two 79 5% EBITDA 12 11 5% 35 34 4% EBITDA margin forty three.1% forty three.0% forty two.8% forty three.1% ------------- ---- ---- ---- ----
BANGLADESHBDT bln 3Q13 3Q12 YoY 9M13 9M12 YoY total operating revenues 10 12 -15% 29 34 -14% EBITDA 4 3 5% eleven 12 -3% EBITDA margin 36.three% 29.three% 38.2% 33.eight% ------------- ---- ---- ---- ----
business UNIT UKRAINE - monetary AND operating outcomes-- Revenues diminished 7% YoY to UAH 3.four billion as a result of YoY decline in cellular revenues, primarily as shoppers switched to low cost bundled tariff plans and absence of up-promoting -- EBITDA declined 10% YoY to UAH 1.7 billion, resulting in an EBITDA margin of 49.6% -- cell subscriber base(1)) grew 6% YoY to 25.9 million
whereas the Ukraine enterprise Unit nonetheless delivered strong margins all over the third quarter, the enterprise endured to journey colossal pressure on effects. due to amazing fee competitors, latest purchasers switched to low-priced bundled tariff plans, expanding the variety of decrease ARPU subscribers in the consumer base and negatively impacting mobile revenues. The company expects this power to continue for the the rest of the year.
VimpelCom's cell subscriber base(1)) in the Ukraine accelerated 6% YoY to 25.9 million because of the more suitable market offering and regionalized earnings efforts.
VimpelCom believes that the considerations it is dealing with are advertising linked as the business operates the best quality community in Ukraine. The company is taking further measures to improve cell carrier income trends. right through the quarter, VimpelCom introduced a brand new tariff plan and cancelled the mandatory UAH 40 desirable-up rule, which was installed for many of its subscriber base, but was now not a business success. The center of attention of the company may be on customer excellence for the current subscriber base, the place the enterprise will optimize offers to each and every client's segment needs. VimpelCom additionally discontinued revenue below the Djuice company, which focused on low-conclusion subscribers, and the business will entice subscribers to move to Kyivstar through providing more price.
in addition to these measures, VimpelCom is optimizing the organizational structure with a view to enrich effectivity and effectiveness and maximize operating money flows.
KEY tendencies 3Q13-- total revenues diminished 7% YoY to UAH 3.four billion. -- cell revenues diminished eight% YoY to UAH three.1 billion essentially because of decrease mobile voice revenues following reconnection of existing shoppers to previously launched fee-alluring presents, but also as a result of reduced income of machine and add-ons. ARPU declined by 12% YoY to UAH 38. -- fastened-line revenues were up 9% YoY because of amazing increase in fixed residential broadband (FTTB) revenue. As mentioned in old quarters, FTTB earnings persevered to outgrow the market, increasing 50% YoY. The enhance was pushed with the aid of boom in the fastened broadband subscriber base of 31% YoY to 723 thousand and growth of fastened broadband ARPU of 11% YoY to UAH forty nine. -- despite EBITDA diminished 10% YoY to UAH 1.7 billion, EBITDA margin turned into nevertheless at a excessive degree of 49.6%. The decline in margin become specifically as a result of bigger commercial expenses linked to expanded income and elevated network & IT prices, concerning higher frequency prices and inflation, which turned into partially offset through savings in HR prices. -- Quarterly churn elevated 0.three p.p. to eight.0% in 3Q13, which was pushed via the movement to lower income bundled tariff plans. -- CAPEX totaled UAH 525 million in 3Q13 and LTM CAPEX/Revenues become on the effective stage of 14%. 1) business Unit Ukraine has adjusted the definition for lively subscriber base to align with the relaxation of the VimpelCom community, which led to a decline of the subscriber base with the aid of 1.four million. This doesn't have an impact on historically said Revenues and EBITDA, but positively affected MOU and ARPU.
UKRAINE KEY symptomsUAH mln 3Q13 3Q12 YoY 9M13 9M12 YoY complete working revenues three,359 3,613 -7% 9,722 9,939 -2% complete working expenditures 1,694 1,765 -4% 4,970 4,886 2% EBITDA 1,666 1,849 -10% 4,752 5,053 0% EBITDA margin 49.6% 51.2% - forty eight.9% 50.eight% - Capex 525 428 23% 1,243 1,246 0% Capex / revenues sixteen% 12% - 13% 13% - cellular mobile total working revenues 3,069 3,346 -8% 8,902 9,one hundred ninety -three% cell subscribers ('000) 25,905 24,532 6% 25,905 24,532 6% cell ARPU (UAH) 38.2 43.four -12% MOU (min) 497 514 -3% fastened-line fixed-line complete working revenues 290 267 9% 820 749 10% mounted-line broadband revenues 104 sixty nine 50% 301 192 56% fastened-line broadband subscribers ('000) 723 551 31% 723 551 31% fixed-line broadband ARPU (UAH) 48.8 forty three.8 eleven% ------------------------------ ---- ---- --- * Subscriber base 2012 has been adjusted for the alignment of the active subscriber base definition
enterprise UNIT CIS - economic AND operating results-- Revenues improved 9% YoY organically -- EBITDA reached USD 246 million with biological increase of 6% YoY -- EBITDA margin declined 1.0 p.p to 48.0% -- mobile subscribers multiplied 8% YoY to 24.9 million -- cellular data subscriber base grew sixteen% YoY to 13.0 million; cellular information earnings growth of 57% YoY
The CIS business Unit persevered to operate strongly in 3Q13, providing excessive single-digit YoY organic increase in income.
VimpelCom multiplied its cell subscriber base within the CIS company by means of 8% YoY, driven through 12% increase in subscribers in Uzbekistan and 5% increase in Kazakhstan.-- total revenues elevated organically by way of 9% YoY. suggested revenues grew 7% to USD 513 million, negatively affected by a one-off adjustment in Kazakhstan totaling USD 2 million, involving a correction in USB-dongle income. -- total mobile revenues extended organically with the aid of 7% YoY in 3Q13. -- fixed-line revenues elevated organically with the aid of 10% YoY as a result of amazing boom in Kazakhstan. -- EBITDA grew 6% organically and 5% on a pronounced foundation especially as a result of amazing cell salary growth in Uzbekistan. excluding the one-off adjustment of USD eleven million in Kazakhstan concerning USB-dongle sales which negatively affected EBITDA and correcting for the fine one-off adjustment of USD 13 million stated in 3Q12 regarding the free up of a provision, EBITDA organic boom was 17% YoY in 3Q13. -- EBITDA margin declined 1.0 p.p. YoY to 48.0% in 3Q13, however continues to be at a high stage. -- LTM CAPEX/Revenues became 23%.
KAZAKHSTAN The telecommunications market in Kazakhstan remains totally aggressive and, in response, VimpelCom is transitioning its subscriber base to bundled tariff plans. The company's aggressive market position superior as a result of its appealing price proposition available in the market and the subscriber transition is progressing in response to plan.
Revenues in Kazakhstan increased by using four% YoY in 3Q13, pushed by way of a fifty three% YoY boost in fixed-line revenues, whereas cell revenues grew by 1% YoY. apart from the one-off adjustment described above, total income increase would had been 5% YoY. cell data revenues multiplied 42% YoY on account of the enterprise´s focal point on expanding information usage for small monitors. The subscriber base increased 5% YoY to 9.0 million subscribers. Churn more advantageous during the quarter, supported through the introduction of a salary share model with distributors. ARPU decreased by using four% YoY as a result of declining voice revenues, partly offset by means of strong cellular information income boom. EBITDA declined eleven% YoY and EBITDA margin lowered 7.7 p.p. to forty three.9%, caused by using the one-offs described above.
UZBEKISTAN In Uzbekistan, VimpelCom endured to carry robust YoY outcomes in 3Q13. profits expanded 29% YoY, driven by way of 12% YoY growth within the subscriber base and a 12% YoY improvement in ARPU due to increase in excessive cost subscribers and increasing mobile facts revenues. EBITDA grew fifty one% YoY and EBITDA margin become 66.0%, a robust enhance from fifty six.2% in 3Q12. These effects had been supported via the carrying on with earnings growth and handle of structural OPEX. The simple center of attention in Uzbekistan is to maintain satisfactory of provider and extra improve network skill.
KYRGYZSTAN Kyrgyzstan persevered to convey effective salary and EBITDA growth in a extremely competitive ambiance. Revenues expanded organically by means of 25% YoY in 3Q13, essentially supported via boom in interconnect income. additionally, cell data profits grew forty% YoY because of initiatives aimed toward stimulating facts utilization for small screens. The subscriber base elevated with the aid of 5% as a result of appealing on-internet and records offerings. EBITDA grew organically by way of 15% YoY and EBITDA margin become fifty one.0%, down 4.7 p.p. YoY.
ARMENIA Revenues in Armenia declined organically by 8% YoY in 3Q13 primarily as a result of lowering mounted-line and cellular voice revenues, in addition to reduce sales of mobile gadget. The cell segment faced amazing competitors and, while cell records income multiplied 19%, it did not totally make amends for the 15% YoY lessen in cell voice income. EBITDA declined 10% YoY and EBITDA margin diminished 1.1 p.p. to 42.4% as a result of lowering carrier revenues.
TAJIKISTAN In Tajikistan, revenues accelerated organically through forty two% YoY in 3Q13, on account of accelerated foreign interconnect profits from Russia, whereas EBITDA increased by way of forty eight% YoY. EBITDA margin expanded 1.6 p.p. to 53.8% in 3Q13. The cellular subscriber base in Tajikistan accelerated by using 29% YoY and cellular ARPU increased by way of 17%, principally due to growth in interconnect income.
GEORGIA VimpelCom's market position bolstered extra in Georgia in 3Q13. Subscriber increase was eleven% YoY, leading to a 6% YoY raise in revenues and a 23% YoY increase in local forex EBITDA. EBITDA margin accelerated 3.8 p.p. YoY to 33.6%, basically because of a far better carrier margin and on-going operational excellence program implementation.
CIS* KEY symptomsUSD mln 3Q13 3Q12 YoY 9M13 9M12 YoY total working revenues 513 478 7% 1,445 1,268 14% complete working fees 267 244 9% 739 691 7% EBITDA 246 234 5% 706 577 22% EBITDA margin forty eight.0% forty nine.0% - forty eight.8% 45.5% - Capex 129 ninety forty three% 308 256 20% Capex / revenues 25% 19% - 21% 20% - mobile cellular subscribers ('000) 24,919 22,985 eight% 24,919 22,985 8% -of which mobile broadband ('000) 13,013 eleven,173 sixteen% 13,013 eleven,173 sixteen% fixed mounted-line broadband subscribers ('000) 349 277 26% 349 277 26% fastened-line broadband revenues 15 11 32% forty four 32 38% -------------------- --- --- --- --- --- --- * CIS operations consist of operations in Kazakhstan, Uzbekistan, Armenia, Kyrgyzstan, Tajikistan, and Georgia. For particulars per nation unit please see Attachment B
CIS enterprise UNIT: country aspect
KAZAKHSTANKZT mln 3Q13 3Q12 YoY 9M13 9M12 YoY total working revenues 34,068 32,626 4% ninety four,019 ninety one,609 three% EBITDA 14,966 16,828 -eleven% 43,330 43,990 -2% EBITDA margin forty three.9% fifty one.6% - forty six.1% 48.0% - ------------- ---- ---- --- ---- ---- ---
UZBEKISTANUSD mln 3Q13 3Q12 YoY 9M13 9M12 YoY total operating revenues 176 137 29% 500 305 sixty four% EBITDA 116 77 51% 326 157 108% EBITDA margin 66.0% fifty six.2% - 65.three% fifty one.5% - ------------- ---- ---- --- ---- ---- ---
convention call information On November 6, 2013, the business will host an analyst & investor convention call on its third quarter consequences at 2:00 pm CET. The name and slide presentation may be accessed at http://www.vimpelcom.com.
2:00 pm CET investor and analyst convention call US name-in quantity: +1 (877) 616-4476
overseas call-in number: + 1 (402) 875-4763
The conference call replay and the slide presentations webcast may be accessible until November 13, 2013. The slide presentation will even be available for download on the company's web page.
Investor and analyst name replay US Replay number: +1 (855) 859-2056Confirmation Code: 64968743
overseas replay: +1 (404) 537-3406Confirmation Code: 64968743
DISCLAIMER This press free up contains "forward-looking statements", as the phrase is defined in area 27A of the Securities Act of 1933 and part 21E of the Securities change Act of 1934. These statements relate to the company's predicted performance, expected capital bills, network traits in Russia, Italy's future operating cash circulation place, the provide of a 3G license to Orascom Telecom Algeria (OTA), the timing and quantity of future funds of dividends through the business and its skill to know its strategic initiatives within the a variety of countries of operation. The forward-searching statements covered in this presentation are in keeping with administration's most advantageous assessment of the business's strategic and fiscal position and of future market situations and developments. These discussions involve hazards and uncertainties. The specific result may additionally range materially from these statements because of persisted volatility within the economies in our markets, unexpected trends from competition, governmental legislation of the telecommunications industries, ordinary political uncertainties in our markets and/or litigation with third parties. There may also be no assurance that such risks and uncertainties wouldn't have a cloth antagonistic effect on the company. certain elements that might trigger genuine outcomes to differ materially from these mentioned in any ahead-searching statements include the chance components described in the company's Annual report on form 20-F for the year ended December 31, 2012 filed with the U.S. Securities and alternate commission (the "SEC") and different public filings made through the business with the SEC, which risk factors are incorporated herein by way of reference. The enterprise disclaims any duty to replace developments of these chance factors or to announce publicly any revision to any of the ahead-looking statements contained during this unencumber, or to make corrections to reflect future routine or tendencies.
ABOUT VIMPELCOM LTD VimpelCom is among the world's greatest integrated telecommunications features operators offering voice and records services via quite a number ordinary and broadband cell and glued technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, central African Republic and Canada. VimpelCom's operations world wide cover territory with a complete inhabitants of about 753 million individuals. VimpelCom gives services under the "Beeline", "Kyivstar", "djuice", "WIND", "Infostrada" "Mobilink", "Leo", "banglalink", "Telecel", and "Djezzy" brands. As of September 30, 2013 VimpelCom had 219 million mobile subscribers on a mixed groundwork. VimpelCom is traded on the NASDAQ international stock Market under the symbol (VIP). For more information seek advice from: http://www.vimpelcom.com.
The company's company website (www.vimpelcom.com) become awarded the 'Investor members of the family normal of Excellence' within the internet advertising and marketing association's 2013 WebAwards and the Gold Award within the telecommunications class on the 2013 Stevie overseas company Awards.
content OF THE ATTACHMENT TABLESAttachment A VimpelCom Ltd economic Statements 21 Attachment B nation units key symptoms CIS and Africa & Asia 24 Attachment C Reconciliation Tables 27 common fees of purposeful Currencies to USD Attachment D WIND Telecomunicazioni community condensed financial statement of income 28 Attachment E Definitions 29
For extra suggestions on monetary and operating data for particular international locations, please confer with the supplementary file Factbook3Q2013.xls on VimpelCom's web page at http://vimpelcom.com/ir/financials/outcomes.wbp.
ATTACHMENT A: VIMPELCOM LTD meantime financial STATEMENTS
VIMPELCOM LTD UNAUDITED intervening time CONSOLIDATED STATEMENTS OF revenueUSD mln 3Q13 3Q12(2) 9M13 9M12(2) total working revenues 5,685 5,747 16,994 17,111 of which different revenues 74 33 172 151 working prices service prices(1) 1,482 1,574 four,497 4,563 selling, regular and administrative fees 1,729 1,643 5,250 5,226 Depreciation 726 721 2,240 2,168 Amortization 441 507 1,333 1,561 Impairment loss 45 - sixty seven - Loss on disposals of non-present assets 29 forty seven forty three 131 complete operating fees 4,452 4,492 13,430 13,649 operating income 1,233 1,255 three,564 three,462 Finance charges 547 507 1,618 1,507 Finance profits (21) (35) (70) (116) other non-operating losses/(good points) (5) 29 (22) 31 Shares of lack of acquaintances and joint ventures accounted for using the equity components 29 (12) 112 sixteen net overseas exchange benefit 18 (36) (forty four) (a hundred) income earlier than tax 665 802 1,970 2,124 income tax price 390 225 807 711 earnings for the duration 275 577 1,163 1,413 Non-controlling interest (20) (39) 73 (69) web profits brought on by VimpelCom shareholders 255 538 1,236 1,344 ------------------------------------------------- --- --- ----- ----- 1) service costs consist of costs involving gadget and add-ons 2) profits commentary 2012 has been amended to reflect classification of definite operating expenses on the group level without any influence on net profits, EBITDA and performance of the company unit
ATTACHMENT A: VIMPELCOM LTD period in-between financial STATEMENTS
VIMPELCOM LTD UNAUDITED period in-between CONSOLIDATED observation OF monetary positionUSD mln 30 September 2013 30 June 2013 property Non-latest property Property and gadget 14,896 14,680 Intangible assets 9,941 9,968 Goodwill sixteen,716 16,516 Investments in buddies and joint ventures 464 483 Deferred tax asset 387 366 financial belongings 885 1,094 other non-monetary assets 28 28 complete non-current assets 43,317 forty three,a hundred thirty five current assets Inventories 214 218 alternate and different receivables 2,467 2,480 other non-financial belongings 1,292 1,403 existing profits tax asset 280 239 different financial assets 463 387 money and cash equivalents four,890 4,551 total existing assets 9,606 9,278 property labeled as held on the market 128 134 complete belongings fifty three,051 52,547 equity and liabilities equity fairness as a result of equity owners of the guardian 14,255 13,999 Non-controlling pursuits 407 468 complete fairness 14,662 14,467 Non-current liabilities monetary liabilities 27,034 27,058 Provisions 555 587 other non-economic liabilities 411 331 Deferred tax liability 1,331 1,200 complete non-current liabilities 29,331 29,176 current liabilities exchange and other payables three,925 four,011 Dividend payables - - different non-economic liabilities 2,264 2,197 other monetary liabilities 2,408 2,304 current revenue tax payable 248 a hundred and fifty five Provisions 149 177 complete existing liabilities 8,994 eight,844 Liabilities associated with property held for sale 64 60 complete equity and liabilities 53,051 fifty two,547 ---------------- ------ ------
ATTACHMENT A: VIMPELCOM LTD period in-between monetary STATEMENTS
VIMPELCOM LTD UNAUDITED period in-between CONSOLIDATED STATEMENTS OF cash FLOWSUSD mln 3Q13 3Q12 9M13 9M12 Restated Restated* operating actions profit after tax 275 577 1,163 1,413 income Tax prices 390 225 807 711 income before tax 665 802 1,970 2,124 Non-money adjustment to reconcile profit earlier than tax to internet operating cash flows: Depreciation 726 721 2,240 2,168 Amortization 441 507 1,333 1,561 Impairment loss 45 - sixty seven - Loss From Disposal Of Non latest property 29 47 forty three 131 Finance salary (21) (35) (70) (116) Finance charge 547 507 1,618 1,507 different Non working Losses/ (gain) (5) 29 (22) 31 internet overseas trade benefit 18 (36) (44) (one hundred) Share Of Loss/ (benefit) Of buddies And Joint Ventures 29 (12) 112 sixteen actions in provisions and pensions 31 1 eighty three 14 money from operations 2,505 2,531 7,330 7,336 Working capitals changes: change in alternate and other receivables and prepayments fifty one (seventy eight) 39 35 change in inventories 3 26 (fifty five) 19 alternate in alternate and different payables 39 124 (453) (213) changes in working capital ninety three seventy two (469) (159) net pastime paid (634) (362) (1,659) (1,314) earnings tax paid (288) (243) (861) (907) web cash from operating activities 1,675 1,998 4,341 four,956 Proceeds from sale of property, plant and equipment and three 5 36 20 intangible property buy of property, plant and device and intangible (972) (967) (2,613) (2,747) belongings Receipts from/ (funds on) deposits and loans granted (39) (183) (219) (694) Disposal of subsidiaries, internet of cash disposed 26 5 eighty (77) different 3 three 6 5 web money used in investing activities (979) (1,137) (2,710) (three,493) Acquisition of non- controlling activity 0 - (12) (9) Gross proceeds from borrowings 438 432 4,166 2,627 repayment of borrowings (754) (913) (three,810) (3,083) Dividends paid to equity holders (0) - (3,281) - Proceeds from sale of treasury stock - - - three Share capital issued and paid - - 1,392 - web money from/(used in) financing activities (316) (481) (1,545) (462) net raise in cash and money equivalents 381 380 86 1,001 --------------------- --- --- --- ----- * The amount of activity paid become amended to reflect its relevant classification without any influence on internet cash from operating actions
ATTACHMENT B: country units KEY indications
AFRICA & ASIA company UNIT: country element
ALGERIADZD bln 3Q13 3Q12 YoY 9M13 9M12 YoY complete operating revenues 36 36 0% 107 106 1% EBITDA 21 21 -2% sixty three 63 -1% EBITDA margin fifty seven.2% fifty eight.6% fifty eight.eight% 59.6% Capex (USD) 7 6 13% 33 26 Capex / revenues 2% 1% 2% 2% cellular Subscribers ('000) 17,038 16,750 2% 17,038 sixteen,750 2% ARPU (DZD) 680 710 -4% MOU (min) 216 271 -20% -------- --- --- ---
PAKISTANPKR bln 3Q13 3Q12 YoY 9M13 9M12 YoY total operating revenues 27 26 5% 82 seventy nine 5% EBITDA 12 eleven 5% 35 34 4% EBITDA margin forty three.1% forty three.0% 42.eight% 43.1% Capex (USD) 52 29 eighty four% one hundred 84 19% Capex / revenues 20% 11% 12% 10% cell Subscribers ('000) 37,365 36,074 4% 37,365 36,074 four% ARPU (PKR) 229 231 -1% MOU (min) 222 212 5% -------- --- --- ---
BANGLADESHBDT bln 3Q13 3Q12 YoY 9M13 9M12 YoY total working revenues 10 12 -15% 29 34 -14% EBITDA four three 5% eleven 12 -three% EBITDA margin 36.three% 29.3% 38.2% 33.eight% Capex (USD)* 127 20 549% 152 84 Capex / revenues ninety nine% 14% forty% 20% mobile Subscribers ('000) 28,one zero one 26,776 5% 28,101 26,776 5% ARPU (BDT) 121 149 -19% MOU (min) 189 225 -16% -------- --- --- --- * including USD one hundred ten million for 3G license
SUB SAHARAN AFRICA (TELECEL GLOBE)USD mln 3Q13 3Q12 YoY 9M13 9M12 YoY total working revenues 23 26 -11% sixty three seventy one -12% EBITDA (3) eleven -127% 7 27 -seventy four% EBITDA margin n.m. forty one.2% 11.7% 34.4% cell Subscribers ('000) 4,423 4,231 4% four,423 4,231 four% ----------------- ----- ----- --- ----- ----- ---
SEA (CONSOLIDATED)USD mln 3Q13 3Q12 YoY 9M13 9M12 YoY total working revenues 7 12 -forty six% 26 48 -forty five% EBITDA 2 (1) -299% 3.eight -10 -139% EBITDA margin 30.5% n.m. 14.4% n.m. mobile Subscribers ('000)* 286 337 -15% 286 337 -15% ------------------ --- --- --- --- --- --- * Following the sale of Vietnam and Cambodia the subscriber numbers for 2012 exclude Vietnam and Cambodia subscribers
CIS company UNIT: country element
KAZAKHSTANKZT mln 3Q13 3Q12 YoY 9M13 9M12 YoY complete working revenues 34,068 32,626 four% ninety four,019 ninety one,609 three% EBITDA 14,966 16,828 -11% forty three,330 forty three,990 -2% EBITDA margin forty three.9% 51.6% 46.1% 48.0% Capex (USD) 39 fifty two -24% one zero one 110 -eight% Capex / revenues 18% 24% sixteen% 18% mobile Subscribers ('000) 9,040 8,596 5% 9,040 eight,596 5% ARPU (KZT) 1,141 1,187 -4% MOU (min) 311 222 40% -------- --- --- ---
ARMENIAAMD mln 3Q13 3Q12 YoY 9M13 9M12 YoY complete operating revenues 15,237 sixteen,611 -eight% 43,901 forty seven,735 -eight% EBITDA 6,468 7,225 -10% 17,919 19,055 -6% EBITDA margin 42.four% forty three.5% forty.eight% 39.9% Capex (USD) four four -13% 7 12 -42% Capex / revenues 10% 10% 7% 10% mobile Subscribers ('000) 690 803 -14% 690 803 -14% ARPU (AMD) 3,292 2,994 10% MOU (min) 377 271 39% -------- --- --- ---
UZBEKISTANUSD mln 3Q13 3Q12 YoY 9M13 9M12 YoY total operating revenues 176 137 29% 500 305 sixty four% EBITDA 116 77 fifty one% 326 157 108% EBITDA margin sixty six.0% fifty six.2% 65.three% 51.5% Capex (USD) sixty five 20 227% 159 95 sixty eight% Capex / revenues 37% 15% 32% 31% cell Subscribers ('000) 10,328 9,229 12% 10,328 9,229 12% ARPU (USD) 6 5 12% MOU (min) 504 543 -7% -------- --- --- ---
TAJIKISTANUSD mln 3Q13 3Q12 YoY 9M13 9M12 YoY complete working revenues 44 31 forty two% 112 79 42% EBITDA 24 16 48% fifty six 38 forty seven% EBITDA margin 53.8% 52.2% 50.2% 48.three% Capex (USD) 3 5 -forty% 11 15 -25% Capex / revenues 7% 15% 10% 19% mobile Subscribers ('000) 1,225 947 29% 1,225 947 29% ARPU (USD) 12 10 17% MOU (min) 277 242 15% -------- --- --- ---
GEORGIAGEL mln 3Q13 3Q12 YoY 9M13 9M12 YoY complete operating revenues forty 38 6% 109 95 15% EBITDA 14 11 23% 34 25 35% EBITDA margin 33.6% 29.8% 31.0% 26.four% Capex (USD) 12 2 483% 14 9 fifty seven% Capex / revenues 48% 10% 21% 16% cellular Subscribers ('000) 1,104 991 eleven% 1,104 991 11% ARPU (GEL) eleven 12 -7% MOU (min) 250 251 -1% -------- --- --- ---
KYRGYZSTANKGS mln 3Q13 3Q12 YoY 9M13 9M12 YoY total operating revenues 2,599 2,076 25% 7,151 5,574 28% EBITDA 1,326 1,156 15% three,775 3,095 22% EBITDA margin fifty one.0% 55.7% 52.8% 55.5% Capex (USD) 6 7 -17% 15 16 -6% Capex / revenues 11% sixteen% 10% 14% cell Subscribers ('000) 2,531 2,419 5% 2,531 2,419 5% ARPU (KGS) 353 285 24% MOU (min) 310 273 14% -------- --- --- ---
CANADA: country aspectcellular 3Q13 3Q12 YoY Subscribers ('000) 637 510 25% ARPU (CAD) 30.4 27.9 9% --------- ---- ---- ---
ATTACHMENT C: RECONCILIATION TABLES
RECONCILIATION OF CONSOLIDATED EBITDA OF VIMPELCOMUSD mln 3Q13 3Q12 9M13 9M12 Unaudited EBITDA 2,474 2,530 7,247 7,322 Depreciation (726) (721) (2,240) (2,168) Amortization (441) (507) (1,333) (1,561) Impairment loss (forty five) - (67) - Loss on disposals of non-latest belongings (29) (47) (forty three) (131) EBIT 1,233 1,255 three,564 3,462 monetary salary and expenses (526) (472) (1,548) (1,391) - together with finance salary 21 35 70 116 - together with finance expenses (547) (507) (1,618) (1,507) internet international alternate (loss)/benefit and others (forty two) 19 (46) 53 - including different non-working (losses)/positive factors 5 (29) 22 (31) - together with Shares of lack of buddies and joint ventures accounted for the use of the fairness components (29) 12 (112) (sixteen) - including internet foreign change gain (18) 36 forty four one hundred EBT 665 802 1,970 2,124 profits tax fee (390) (225) (807) (711) income/(loss) for the yr 275 577 1,163 1,413 (earnings)/loss for the 12 months brought on by non-controlling hobby (20) (39) seventy three (sixty nine) profit for the yr as a result of the owners of the parent 255 538 1,236 1,344
ATTACHMENT C: RECONCILIATION TABLES
RECONCILIATION OF VIMPELCOM CONSOLIDATED internet DEBTUSD mln 3Q12 2Q13 3Q13 web debt 22,681 22,622 22,485 money and cash equivalents three,241 4,551 4,890 long - term and brief- term deposits 715 213 191 Gross debt 26,637 27,386 27,566 hobby accumulated linked to fiscal liabilities 451 574 430 reasonable cost adjustment 28 - - Unamortised fair value adjustment below acquisition formulation of accounting 817 718 696 other unamortised adjustments to fiscal liabilities (costs, discounts and so on.) 69 38 43 Derivatives no longer unique as hedges 429 474 489 Derivatives certain as hedges 178 172 218 complete other fiscal liabilities 28,609 29,362 29,442 --------------------- ------ ------ ------
ordinary fees OF functional CURRENCIES TO USD*commonplace charges Closing costs 3Q13 3Q12 YoY 3Q13 FY2012 Delta ---- ---- --- ---- ------ ----- Russian Ruble 32.80 32.00 -2.4% 32.35 30.37 -6.1% Euro 0.seventy five 0.eighty 6.0% 0.seventy four 0.seventy six 2.5% Algerian Dinar 80.66 80.76 0.1% eighty one.69 78.ninety four -3.4% Pakistan Rupee 102.97 94.53 -eight.2% 106.06 97.14 -eight.four% Bangladeshi Taka 77.seventy four eighty one.sixty seven 5.1% 77.67 seventy nine.78 2.7% Ukrainian Hryvnia 7.ninety nine 7.99 0.0% 7.ninety nine 7.99 0.0% Kazakh Tenge 152.91 149.67 -2.1% 153.62 one hundred fifty.74 -1.9% Armenian Dram 408.77 410.88 0.5% 405.29 403.58 -0.four% Kyrgyz Som 48.84 47.03 -3.7% forty eight.62 47.40 -2.5% ------ ----- ----- ---- ----- ----- ---- * practical currencies in Tajikistan, Uzbekistan and Cambodia are USD.
ATTACHMENT D: WIND TELECOMUNICAZIONI group CONDENSED STATEMENTS OF earningsEUR mln 9M13 9M12 alternate total revenue three,746 four,058 -7.7% EBITDA 1,443 1,549 -6.8% D&A (951) (838) 13.5% EBIT 493 712 -30.8% financial salary and fees (677) (673) 0.6% EBT (185) 39 n.m. income Tax (75) (127) -forty one.three% web profits (259) (88) n.m. ---------- ---- --- ----
ATTACHMENT E: DEFINITIONS
ARPU (common earnings per person) is calculated through dividing service earnings for the valuable period, together with revenue from voice-, roaming-, interconnect-, and cost added services (including mobile records, SMS, MMS), but apart from income from visitors roaming, connection costs, sales of handsets and accessories and different non-carrier revenue, by using the ordinary number of subscribers all the way through the period and dividing by means of the number of months in that period. For company Unit Italy visitors roaming revenue is blanketed into carrier revenues.
Broadband subscribers are the consumer contracts that served as a basis for income producing endeavor in the three months previous to the size date, as a result of activities including monthly internet access the use of FTTB and xDSL applied sciences as well as mobile cyber web access by the use of WiFi and USB modems the usage of 2.5G/3G/4G/HSDPA technologies. Italian business Unit measure broadband subscribers according to the variety of energetic contracts signed. Russian business Unit contains IPTV activities. For CIS subsidiaries cell broadband valued clientele are people that have carried out at the least one cell internet adventure in the three-month period earlier than the dimension date.
Capital bills (CAPEX), purchases of latest machine, new building, enhancements, application, different long lived belongings and related cost-efficient fees incurred just before meant use of the non-current asset, accounted at the earliest adventure of develop fee or delivery. lengthy-lived property got in business combinations are not included in capital expenditures.
EBIT is a non-GAAP measure and is calculated as EBITDA plus depreciation, amortization and impairment loss. Our administration makes use of EBIT as a supplemental performance measure and believes that it gives valuable suggestions of income of the company before making accruals for economic salary and charges and web foreign alternate (loss)/gain and others. Reconciliation of EBIT to net salary as a result of VimpelCom Ltd., essentially the most without delay comparable IFRS financial measure, is offered above.
EBITDA is a non-GAAP monetary measure. EBITDA is described as revenue before interest, tax, depreciation and amortization. VimpelCom calculates EBITDA as working profits before depreciation, amortization, loss from disposal of non-existing belongings and impairment loss and includes definite non-operating losses and beneficial properties above all represented by using litigation provisions for all of its business gadgets other than its Russia business Unit. The Russia enterprise Unit's EBITDA is calculated as operating earnings before depreciation, amortization, loss from disposal of non-latest assets and impairment loss. EBITDA may still not be considered in isolation or as an alternative to analyses of the outcomes as reported under IFRS. historically our administration used OIBDA (defined as operating income before depreciation, amortization and impairment losses) in its place of EBITDA. Following the acquisition of WIND Telecom, our administration concluded that EBITDA is a more appropriate measure because it is extra prevalent amongst European-primarily based analysts and investors to examine the performance of an entity and compare it with different market avid gamers. Our administration makes use of EBITDA and EBITDA margin as supplemental efficiency measures and believes that EBITDA and EBITDA margin give effective assistance to buyers as a result of they are indications of the power and performance of the enterprise's business operations, together with its means to fund discretionary spending, reminiscent of capital costs, acquisitions and different investments, as well as indicating its ability to incur and service debt. moreover, the components of EBITDA include the important thing salary and price gadgets for which the company's working managers are responsible and upon which their performance is evaluated. EBITDA additionally assists administration and traders by way of expanding the comparability of the business's efficiency in opposition t the performance of other telecommunications companies that supply EBITDA counsel. This elevated comparability is carried out through except for the doubtlessly inconsistent effects between intervals or businesses of depreciation, amortization and impairment losses, which objects may additionally drastically affect working salary between durations. youngsters, our EBITDA effects may also no longer be without delay corresponding to other groups' reported EBITDA effects because of variances and adjustments within the components of EBITDA (together with our calculation of EBITDA) or calculation measures. additionally, a hassle of EBITDA's use as a efficiency measure is that it doesn't mirror the periodic charges of certain capitalized tangible and intangible belongings used in producing revenues or the need to substitute capital equipment over time. Reconciliation of EBITDA to net revenue as a result of VimpelCom Ltd., the most without delay related IFRS financial measure, is offered above.
EBITDA margin is calculated as EBITDA divided by internet operating revenues, expressed as a percent.
Households passed are households determined within constructions, during which indoor installation of the entire FTTB machine crucial to installation terminal residential machine has been accomplished.
LLU (native loop unbundling), in Italy, here is the regulatory procedure of permitting distinctive telecommunications operators to make use of connections from Telecom Italia's local exchanges to the client's premises.
MNP (mobile number portability) is a facility offered by means of telecommunications operators which enables customers to hold their cellphone numbers once they change operators.
cell subscribers are SIM-playing cards registered in the equipment as of a dimension date, clients of which generated earnings at any time all through the three months prior to the measurement date. This comprises income coming from any incoming and outgoing calls, subscription payment accruals, debits concerning provider, outgoing SMS, Multimedia Messaging carrier (known as MMS), records transmission and receipt classes, however doesn't consist of incoming SMS and MMS despatched by using VimpelCom or abandoned calls. VimpelCom's complete variety of cellular subscribers also comprises SIM-playing cards for use of cellular internet provider by way of USB modems and subscribers for WiFi. The number for Italy is according to SIM-playing cards, clients of which generated earnings at any time all over the twelve months prior to the size date. For the aim of this earnings liberate, we consist of all subscribers of Zimbabwe, which is accounted for as funding at cost, into company Unit Africa & Asia and subscribers of all our Canada equity investee into enterprise Unit Europe and North the us, each of which are protected into total subscribers of VimpelCom.
MOU (month-to-month commonplace Minutes of Use per consumer) is generally calculated by dividing the entire number of minutes of usage for incoming and outgoing calls all through the important period (aside from visitor roamers) with the aid of the typical number of mobile subscribers all over the period and dividing by way of the variety of months in that period. A&A enterprise Unit measures MOU in keeping with billed minutes
web debt is a non-GAAP economic measure and is calculated because the sum of hobby bearing lengthy-term debt and short-time period debt minus money and cash equivalents, long-term and brief-term deposits and fair cost hedges. The business believes that web debt offers advantageous guidance to buyers because it suggests the amount of debt magnificent to be paid after the usage of attainable cash and money equivalent and long-term and short-term deposits. internet debt may still now not be considered in isolation as a substitute for long-term debt and short-term debt, or another measure of the enterprise fiscal position. Reconciliation of net debt to lengthy-time period debt and short-time period debt, essentially the most without delay comparable IFRS economic measures, is presented above within the reconciliation tables part.
web foreign exchange (loss)/gain and others represents the sum of internet international alternate (loss)/profit, equity in internet (loss)/benefit of friends and other (rate)/revenue, net (essentially losses from by-product instruments), and is adjusted for certain non-working losses and gains above all represented by means of litigation provisions. Our administration makes use of net international alternate (loss)/benefit and others as a supplemental performance measure and believes that it offers helpful counsel about the impact of our debt denominated in foreign currencies on our results of operations because of fluctuations in change fees, the performance of our equity investees and different losses and beneficial properties the enterprise must have the ability to run the enterprise.
biological increase revenue and EBITDA are non-GAAP economic measures that replicate changes in revenue and EBITDA except for overseas foreign money movements and other elements, similar to company under liquidation, disposals, mergers and acquisitions. We agree with investors should accept as true with these measures as they're extra indicative of our ongoing performance and administration makes use of these measures to evaluate the enterprise's operational outcomes and tendencies.
Reportable segments, the company recognized Russia, Italy, Africa & Asia, CIS and Ukraine in accordance with the business activities in distinctive geographical areas. despite the fact Georgia is no longer a member of the CIS, consistent with VimpelCom's ancient reporting observe VimpelCom continues to encompass Georgia in its CIS reporting section. Intersegment revenues are eradicated in consolidation.
provider expenses, represents fees at once linked to profits producing endeavor similar to site visitors linked costs, charge of content and sim-cards as well as can charge of handsets, mobilephone device and accessories sold.
promoting, conventional and administrative expenses, represents charges linked to client acquisition and retention actions, network and IT preservation, commonplace frequency price, professional and consulting aid, rent of premises, utilities, personnel and outsourcing as well as different frequent and administrative costs. These fees do not include personnel expenses that have been capitalized as a part of long-lived assets.
source VimpelCom Ltd
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