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Emirates Telecommunications Company (ETISALAT) 2008 Q3 financial report
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2008 Q3 result list | ETISALAT 2008 Q3 results - forum topic | Emirates Telecommunications Company - details & pdf financial statements
| Display results in: | ||||
| ETISALAT (listed on ADSM) | Auditor: Deloitte and PriceWaterhouseCoopers | ||||
|---|---|---|---|---|---|
| ETISALAT accounts in UAE dirhams | |||||
| Date of results and share price | AED 14.85 on 18 Oct 2008 | ||||
| Current share price | AED 10.25 on 15 Apr 2009 | ||||
| Chairman | Mohammad Hassan Omran | ||||
| CEO | Mohammad Al Qamzi | ||||
| Balance Sheet (AED) | 31 Dec 2007 | 30 Sep 2008 | %Δ | ? | notes |
| Total Assets | 52,447,658,000 | 59,064,315,000 | 13% | ||
| Total Liabilities | (28,390,672,000) | (29,505,686,000) | 4% | Excludes Minority Interests | |
| Shareholders Equity | 24,056,986,000 | 29,558,629,000 | 23% |  |
Excludes Minority Interests |
| Income Statement (AED) | 2007 Q3 | 2008 Q3 | |||
| Revenue (Sales) | 5,326,760,000 | 6,626,307,000 | 24% | |
|
| Cost of Revenues (COGS) | (1,841,536,000) | (2,402,983,000) | 30% |  |
|
| Gross Profit | 3,485,224,000 | 4,223,324,000 | 21% | |
Operating Profit before Royalties |
| Other Income | 175,313,000 | 124,890,000 | -29% | ||
| Other Expenses | (2,121,886,000) | (2,319,611,000) | 9% | ||
| Net Profit | 1,538,651,000 | 2,028,603,000 | 32% | |
|
| Minority Interests | 262,807,000 | 106,324,000 | -60% | ||
| Net Profit due to shareholders | 1,801,458,000 | 2,134,927,000 | 19% | ||
| Earnings Per Share stated (annualized) | |||||
| Ratio Calculations | As on 18 Oct 2008 | ||||
| Number of shares outstanding | 5,989,500,000 | ||||
| EPS calculated (annualized) | 0.30 (1.20) | 0.36 (1.43) | 19% | ||
| Price to Earnings ratio (PE)* | 12.3 | 10.4 | Calculated EPS used | ||
| Price to Book Value (PBV) | 3.7 | 3.0 | -19% | ||
| Return on Assets (ROA)* | 13.7% | 14.5% | 5% | ||
| Return on Equity (ROE)* | 30.0% | 28.9% | -4% | |
|
| Return on Sales (ROS) or Profit Margin | 33.8% | 32.2% | -5% | |
|
| *Based on annualized profits | |||||
Comments about Emirates Telecommunications Company Q3 2008 results | |||||
19 October 2008 (am): Complete statements released by Etisalat. Appears to be an error in press release as Total Assets is AED 59 bn and Shareholder's Equity is AED 30 bn. Operating Profit for 2007 M9 has been restated (appears to be before deduction of royalty payments, previously was net, but no obvious explanation supplied in financial accounts) from AED 1,658,190,000, COGS also restated but Revenue figure was unchanged. Treat above figures with caution, statements supplied by Etisalat were of typically poor legibility. Have your say in the ETISALAT 2008 Q3 results forum topic, includes directors reports and news, if available. |
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This page last updated 20-Jan-2009.
Company information last updated 04 Jun 2008. E & OE.