Aeroflot revenue up 17% in 1Q2016 under RAS; net loss of EUR37m

Aeroflot reported (04-May-2016) the following financial highlights in three months ended 31-Mar-2016, under Russian Accounting Standards (RAS):

• Revenue: RUB87,156.6 million (EUR1066.3 million), +17.4% year-on-year;
• Profit (loss) from sales: (RUB7120.7 million) (EUR87.1 million), -85.8%;
• Net profit (loss): (RUB3010.2 million) (EUR36.8 million), +17.3%;
• Total assets: RUB205,177.6 million (EUR2510.1 million), +10%;
• Cash and cash equivalents: RUB38,786.3 million (EUR474.5 million), +34%;
• Total liabilities: RUB158,843.5 million (EUR1943.3 million), +15.8%.

*Based on the average conversion rate at EUR0.012234 = RUB1 [more - original PR - Russian]