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Kernel reports audited financials for 2010/11 year, slightly revised

Kernel reports audited financials for 2010/11 year, slightly revised

31 October 2011

Kernel released its audited financials for 2010/11 year ended 30 June 2011 this morning: revenues of USD 1.9 bln (down 0.4% from unaudited results posted in August 2011), EBITDA of USD 309 mln (flat) and net income of USD 226 mln (up 4% from August 2011 reports). Yegor Samusenko: Revised figures do not significantly differ from unaudited ones released earlier this year, thus we do not expect a market reaction to the results.

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