MOSCOW – "The National Depository Center" (Closed Joint Stock Company) (NDC), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, announces that it has summed up its financial results for the period from 10 August, 2009 (a date of completion of reorganization of NDC Not-for-Profit Partnership into NDC Closed Joint Stock Company) to 30 September, 2009.
NDC’s total equity calculated in accordance with Russian Accounting Standards (RAS) reached RUB2.058 billion as of 30 September, 2009, or 4.2% more against 10 August, 2009 (RUB1.975 billion). Its net assets value reached RUB2.058 billion.
The value of NDC's internal funds adequacy ratio calculated on basis of Russia’s Federal Financial Markets Service’s method reached RUB1.087 billion as of 30 September, 2009.
NDC's revenue calculated on basis of RAS for the period from 10 August to 30 September, 2009, amounted to RUB188.131 million. The company's net profit was RUB82.607 million.
The market value of securities on deposit with NDC as of 30 September, 2009 increased 30.3% amounting to RUB 5.242 trillion compared with RUB4.25 trillion as of 30 September, 2008. Total number of securities on deposit with NDC rose 5.7% from 2.105 trillion as of 30 September, 2008, to 2.225 trillion as of 30 September, 2009. NDC’s turnover (the market value of securities transferred in inventory operations) for nine months of 2009 reached RUB40.67 trillion or 11.12% less than for the same period of 2008 (RUB45.765 trillion).
Note
Value of securities held in NDC accounts is an operational indicator which does not include the market value of other assets held in issuers’ accounts. The value of shares and units of Unit Investment Trusts is based on market value, and the value of bonds is based on nominal value.
About NDC
“The National Depository Center” (Closed Joint Stock Company) is the largest settlement depository in Russia, servicing the full range of debt and equity securities of Russian issuers. NDC 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, and more than 99% of stock exchange transactions with equities and OTC trades. The international rating agency Thomas Murray has assigned NDC an АА- rating as a central depository. NDC is Russia's national numbering agency, and the substituting numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.
Among NDC’s shareholders are MICEX (50,1727% of shares), Bank of Russia (42,2997% of shares) as well as GPB (OJSC) (Gazprombank), Evrofinance Mosnarbank, ROSBANK (OJSC JSCB), JSC VTB Bank, Bank of Moscow, JSC Rossiyskiy Kredit Bank, Vnesheconombank, ING Bank (Eurasia) ZAO, JP Morgan Bank International LLC, ZAO UniCredit Bank, Deutsche Bank, and Sberbank. NDC has stakes in Depository Clearing Company CJSC (37.29%) and in Settlement Depository Company CJSC (28.54%).
For further information about NDC: www.ndc.ru, or NDC Public Affairs Division: +7 495 232 0910,