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NSD's Net Income for 2010 According to IFRS Reaches RUB1.084 Billion | |
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June 29, 2011 National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports its operating results for 2010 in accordance with IFRS. MOSCOW - The company's operating income amounted to RUB2.137 billion. NSD's net income for 2010 reached RUB1.084 billion. The company's total equity amounted to RUB8.193 billion. NSD's IFRS financial statements for 2010 are available at the company's web site. About NSD National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX Group, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers and providing settlement services to participants in financial markets of the Russian Federation.NSD provides storage of global certificates and depository accounting for 99% of corporate bond issues, sub-federal and municipal bond issues. It services 100% of transactions conducted in the federal bond and the Bank of Russia bond markets, more than 99% of transactions conducted in the corporate and regional bond markets, the majority of transactions with equities and also services UIT units and securities of foreign issuers. In accordance with agreements concluded between NSD and the Bank of Russia, NSD acts as a settlement center for the organized securities market.NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes. Source: http://www.1888pressrelease.com/nsd-s-net-income-for-2010-according-to-ifrs-reaches-rub1-084-pr-314388.html |
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