265.2
RUB bn
248.9
RUB bn
131.8
RUB bn

Adjusted EBITDA, RUB bn

  • 273.1
  • 323.3

2016 EBITDA was RUB 265.2 billion, with adjusted EBITDA at RUB 323.3 billion, up 6.5% and 18.4% y-o-y, respectively.

Adjusted EBITDA is calculated as EBITDA (earnings before interest, tax, depreciation, and amortization for the reporting period) excluding losses from impairment of fixed assets, impairment of financial investments and impairment of accounts receivable.