Source Pravda.Ru

Elektrosvyaz posts financial figures

The net profit of the Irkutsk region based Elektrosvyaz company amounted to55.3m rubles ($1.76m) in the first half of 2002, which was 101 percent ofthe planned volume, the press center of the company told RBC. The company'sbalance profit was 81.2bn rubles ($2.58m) in the period from January toJune 2002. Revenues from telecommunication services, not taking intoaccount value-added tax, were 722,5m rubles ($22.94m) in the first half of2002, which was 24 percent higher than in the corresponding period of lastyear. Revenues from new services were 16.5m rubles ($524,000) in the periodfrom January to June 2002, which was 20 percent more than in the first sixmonths of 2001. Sales proceeds (not taking into account value-added tax)advanced by 24 percent to 731.9m rubles ($23.23m). The enterprise's rate ofreturn in terms of operating profits was 20 percent. Elektrosvyaz allocated96m rubles ($3.05m) in capital investments in the first half of 2002. Some19,200 new telephone lines were put into operation. The authorized capitalof the company is 509.666m rubles ($16.18m) and it is divided into1,019,272 shares, including 25 percent of preferred shares. Elektrosvyaz'slarge shareholders are Svyazinvest with a 38 percent stake, DKK with a 7.1percent block of shares and Bransvik Varburg Nominees with 4.6 percent..

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

On December 10, 1948 the Universal Declaration of Human Rights was adopted by the United Nations General Assembly, its thirty articles enshrining basic and fundamental rights guaranteeing dignity of the human person and equality for all, regardless of race, color, creed or gender. A pipe dream?

Human Rights Day: Let us hang our heads in shame