The net profit of Transaero in accordance with IFRS was 464 million rubles in the first half of 2013 (+69% as compared to the first half of 2012), the company’s press-service reports.
The airline’s operating profit was 4 143 675 thousand rubles (+14%). The financial statement demonstrates sustainable increase of cash-flow from operating activities (first half of 2012 - +3,1 billion rubles, first half of 2013 - + 5,5 billion rubles), said in the press-service’s statement.
The IFRS financial statement confirms the results reported earlier (in accordance with Russian Accounting Standards (RAS)) demonstrating the fast increase of the carrier’s revenues. The revenues from air transportation and other airline’s services were 45 511 548 thousand rubles (+18% as compared to the first half of 2012 (38 644 235 thousand rubles)). Income before tax was 611 108 thousand rubles (275 281 thousand rubles – in the first half of 2012).
«The company demonstrated positive results both in terms of operating and financial activities in the first half of 2013. The growth of Transaero’s operating indicators exceeds the industry’s average level, while the revenues and net profit demonstrate the financial stability of the carrier. Both IFRS and RAS financial statements confirm the company’s financial stability and feasibility of its development strategy», - CEO of Transaero, Olga Pleshakova, said.