Main results of financial and economic activity
|Revenue, mln rubles||85,233||110,634||126,546||14.4|
|Costs, mln rubles||69,382||85,240||101,102||18.6|
|Gross profit, mln rubles||15,851||25,394||25,444||0.2|
|Gross profit margin, %||18.60||22.95||20.11||-2.84 pp|
|Net profit, mln rubles||6,319||15,622||17,053||9.2|
|Net profit margin, %||7.41||14.12||13.48||-0.64 pp|
The improvement in the financial results is attributable to:
- a reduction in the negative balance of other income and expenses;
- a reduction in the profit tax and other mandatory payments.
JSC “MOESK” performed work in the reporting year to validate the calculation and payment of the corporate profit tax with respect to non-operating expenses for mobilization training activities that are non-refundable from the budget starting from 2008. Based on the measures taken, the profit and loss statement for 2011 reflects data on the profit tax refund.