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MICEX Group consolidated net profit rises 86.7% in 2005

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MOSCOW, June 21 (RIA Novosti) - Moscow Inter-Bank Currency Exchange Group said Wednesday its consolidated net profit calculated to International Financial Reporting Standards had increased 86.7% year on year in 2005 to 1.09 billion rubles (about $38 million).

The group, which includes the country's main foreign exchange trading floor, said its shareholder equity had grown from 7.04 billion rubles in 2004 (about $246 million) to 8.11 billion rubles in 2005 (about $284 million) and its assets from 30.78 billion rubles (about $1.08 billion) to 39.21 billion rubles (about $1.37 billion).

MICEX Group said its financial statements had been audited by PriceWaterhouseCoopers.

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