Megafon

1. What types of products or services does it sell?

MegaFon Russian telecom operator.
2. On what day of the year does its fiscal year end?
31 december
3. For how many years does it present complete
a. Balance sheets? 2003-2015
2003-2015
b. Income statements?
2003-2015
c. Cash flow statements?
2003-2015
4. Are its financial statements audited? If so, by whom?
KPMG
5. Did its total assets increase or decrease over last year? By what percentage? [Percentage change is calculated
as
(Current
year
Last
year)/
Last
year]
2015: 469391
2014: 457744
6.

0,025444

Did its net income increase or decrease over last year? By what percentage?
2015: 39216
2014: 37000
0,059891

7. For the most recent year, what are the top three asset accounts by size? What percentage is each of total assets?
(Calculated as Asset/ Total Assets).
: 469391
: 234417
0,4994066
: 61800
0,131659
: 47885
0,102015
8. What are the major investing and financing activities (by currency size) for the most recent year? (Look at the
Statement of Cash Flows).
Investing: : (64455)
Financial: , : 68007
9.

For the most recent year, what is (are) the major revenue account(s)? What percentage is each to total operating
revenues? (Calculated as Revenue A/Total Revenues).
, : 313383
10. For the most recent year, what is (are) the major expense account(s)? What percentage is each to total
operating expenses? (Calculated as Expense /Total expenses).
: 237425
: 84410 0,355522
: 78494
0,330605

Megafon is the Russian telecommunication company founded in 2002. Megafon provides

services of cellular communication, local telephone communication, broadband Internet access,
cable television and a number of the accompanying services.
Fiscal year of company ends on 31 of December. Megafon has been completing its Balance
sheets, Income statements, Cash flow statements since 2003. These documents are in open access
and are posted on the website of the company. Since 2004 till 2014 financial statements of
Megafon were audited by Ernst & Young. In 2015 statements of Megafon were audited by
KPMG.
Over the last year (2015) total assets of the company increased by 2,544% raising from RUR
457744 mln in 2014 to RUR 469391 mln in 2015.

Net income increased by 5,99% raising from RUR 37000 mln in 2014 to RUR 39216 mln in
2015.
The top three asset accounts by size are:
Fixed assets: RUR 234417 mln (49.9% from total assets)
Intangible assets (except ) RUR 61800 mln (13,2% from total assets)
Investments into the associated and joint ventures: RUR 47885 mln (10,2% from total
assets)
The major investing and financing activities (by currency size) for the recent year (2015) are:

Investing activities: Acquisition of property, plant and equipment and intangible assets:
(RUR 64455 mln)
Financial activities: Receipts from loans, less the paid commissions: RUR 68007 mln

Megafon does not give the detailed explanation of revenue accounts. Total revenues for 2015 are
RUR 313383 mln. Total expenses for 2015 are RUR 237425 mln. The major expense accounts
are the following:

Cost of services and products: RUR 84410 mln (35,5% from total operating expenses).
General and administrative expenses: RUR 78494 mln (33% from total operating
expenses).