MegaFon announces financial results for Q2 2015 and H1 2015 highlighting solid operational efficiency

Via Megafon

Jul 30, 2015

2015-07-30

MOSCOW, Russia (30 July 2015) — PJSC “MegaFon” (“MegaFon”, or the “Company”) (LSE: MFON), a leading Russian telecommunications operator, announces its unaudited consolidated financial results1 for the second quarter and first half of 2015.

Key highlights of the Second Quarter 20152

  • Consolidated revenue decreased by 0.7% year over year (“y-o-y”)3 to RUB 76,141 million
  • Revenue from wireless data services increased by 20.3% y-o-y to RUB 19,459 million
  • OIBDA increased by 1.3% y-o-y to RUB 34,737 million
  • OIBDA margin was 45.6% versus 44.7% in Q2 2014
  • Net Profit decreased by 6.4% y-o-y to RUB 13,001 million
  • CAPEX decreased by 6.4% y-o-y to RUB 12,536 million
  • Free Cash Flow amounted to RUB 19,345 million
  • Net Debt as of 30 June 2015 was RUB 113,608 million
  • The number of mobile subscribers grew by 5.1% y-o-y to 73.8 million4 as of 30 June 2015

Key highlights of the First Half of 2015

  • Consolidated revenue decreased by 0.9% y-o-y to RUB 150,124 million
  • Revenue from wireless data services increased by 15.4% y-o-y to RUB 37,314 million
  • OIBDA decreased by 0.1% y-o-y to RUB 66,701 million
  • OIBDA margin grew to 44.4% versus 44.1% in 2014
  • Net Profit decreased by 3.4% y-o-y to RUB 20,403 million
  • CAPEX decreased by 5.1% y-o-y to RUB 20,629 million
  • Free Cash Flow totaled RUB 31,091 million

Download full press release in PDF

Operational and Financial Data Pack

Join audiocast

MegaFon will be hosting an analyst and investors conference call today with a simultaneous audiocast to discuss its Q2 2015 results.

Time: 11.00 (New York time), 16.00 (London time), 18.00 (Moscow time)

Dial-in details:

Local — Moscow, Russia +7 495 213 0978 National free phone — Russian Federation +8 800 500 9311 Local — London, United Kingdom +44 (0) 20 3427 1914 National free phone — United Kingdom 0 800 279 4841 Local — New York, United States of America +1 646 254 3363 National free phone — United States of America +1 877 280 2296 Access confirmation code: 8579036 Password: MegaFon

For access to the live and on demand webcast from any IOS apple or Android mobile devices:

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Replay facilities will be available for 7 days:

Replay facilities (will be available for 7 days) Replay password 8579036 followed by # Russia Toll Free +8 10 800 2870 1012 UK Toll Free 0 800 358 7735 USA Toll Free +1 866 932 5017 Local – Moscow, Russia + 495 705 9453 Local — London, United Kingdom +44(0)20 3427 0598 Local — New York, United States of America +1 347 366 9565

1 Based on the IFRS interim condensed consolidated financial statements reviewed by JSC KPMG 2 See Schedule 1 for definitions of the terms used and Schedule 2 for the reconciliation of Non-IFRS measures. Due to rounding manual calculations for financials and KPIs may differ from those displayed 3 Year over year (or “y-o-y”) means the same periods in the current and previous year on either a quarterly or yearly basis 4 Consolidated data includes subscribers of the Company in Russia and the subscribers of its subsidiaries: “TT mobile” CJSC in the Republic of Tajikistan, “AQUAFON-GSM” CJSC in the Republic of Abkhazia and “OSTELEKOM” CJSC in the Republic of South Ossetia

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