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Alfa Group Consortium Publishes its 2006 Annual Report, Combined Financial Statements and Auditors' Report for the year ended 31 December 2006.
12 Oct 2007

Moscow, Russia (12 October, 2007) – Alfa Group Consortium, one of Russia’s largest privately owned financial industrial conglomerates, today published on its corporate website its 2006 Annual Report which includes the Combined Financial Statements and Auditors' Report for the year ended 31 December 2006.  The Combined Financial Statements were prepared under International Financial Reporting Standards (IFRS). According to the Combined Financial Statements at 31 December 2006 Total Assets amounted to US $32.2 billion; Shareholders’ Equity amounted to US $9.4 billion; and for the year ended 31 December 2006 Profit (amount attributable to majority shareholders (excludes minority interest)) amounted to US $1.7 billion.

The 2006 Annual Report, Combined Financial Statements and Auditors' Report for the year ended 31 December 2006, are located on the corporate website, Financial Information section or can be obtained by following link http://www.alfagroup.org/147/reports.aspx.

 

 

CTF Holdings Ltd.

Alfa Group Consortium is one of Russia’s largest privately owned financial-industrial conglomerates, with interests in oil and gas, commercial and investment banking, asset management, insurance, retail trade, telecommunications, media, water supply and water disposal, as well as other industrial-trade and special-situation investments.


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