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Russia's NSD reveals strong yearly results
07 May 2013 Moscow
Reporter: Georgina Lavers

Image: Shutterstock
National Settlement Depository (NSD), Russia’s central securities depository, has published its consolidated financial statements for 2012 including financial results of DCC, its subsidiary company acquired in 2012, in accordance with International Financial Reporting Standards (IFRS).

For 2012, NSD’s net profit grew by 46.7 percent against 2011 (RUB 2.41 billion) and reached RUB 3.54 billion.

The company’s operating income for 2012 increased by 37.2 percent to RUB 6.15 billion against 2011 (RUB 4.48 billion). NSD’s total equity grew by 37.7 percent and stood at RUB 8.539 billion (RUB 6.2 billion as of 31 December 2011).

In 2012, NSD’s customers’ cash accounts turnover and its securities turnover (the market value of securities transferred in inventory operations) increased to RUB 261.563 trillion and RUB 143.54 trillion respectively; a 9.2 and 49.7 percent increase year-on-year.

The value of securities in depository accounts opened with NSD as of 31 December 2012 increased by 48 percent in comparison with the same indicator as of 31 December 2011 (RUB 8.139 trillion) reaching RUB 12.05 trillion.

The market value of Russian issuers' shares on deposit with NSD as of 31 December 2012 grew by 170 percent, to RUB 4.3 trillion.
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