Last checked at 25 Sep 2012 07:30
Press release
NCSP Releases 1H 2012 Consolidated Financial Statements
25 September 2012
Novorossiysk Commercial Sea Port PJSC ("NCSP Group" or the "Group") (LSE: NCSP, MICEX-RTS: NMTP) today releases its interim condensed consolidated financial statements for the six months ended 30 June 2012, prepared in accordance with International Financial Reporting Standards (IFRS).
Following the publication of preliminary financial results for the first half of 2012 on 5 September 2012, NCSP Group today makes available its interim condensed consolidated 1H 2012 IFRS financial statements, including the independent auditor's report on the review of these financial statements, and selected notes to the statements.
The full document is available in pdf format on the Groups website at http://nmtp.info/en/holding/investors/reporting/msfo
About NCSP Group
NCSP Group is the largest Russian port operator in terms of cargo turnover. NCSP shares are traded on Russia's MICEX-RTS exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). 50.1% shares of PJSC "NCSP" belong to Novoport Holding Ltd, the beneficial owners of which are OJSC "Transneft" and Summa Group. NCSP Group cargo turnover in 2011 totalled 157 million tonnes. Consolidated revenue according to IFRS in 2011 totalled $1,050 million and EBITDA was $550 million. NCSP Group combines the following stevedoring and other companies: OJSC "Novorossiysk Commercial Sea Port", LLC "Primorsk Oil Terminal" (since 2011), PJSC "Novorossiysk Grain Terminal", OJSC "Novorossiysk Ship Repair Yard", OJSC "NCSP Fleet", OJSC "NLE", OJSC "IPP", CJSC Baltic Stevedore Company, CJSC "SFP" and LLC NFT (joint venture).
For more information contact:
Public relations: ksenko@ncsp.com;
Investor relations: mborovikov@ncsp.com