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Press release from PR Newswire
VimpelCom Ltd Announces Fourth Quarter and Full Year 2010 Operating and Financial Results
Tuesday, March 29, 2011
VimpelCom Ltd Announces Fourth Quarter and Full Year 2010 Operating and Financial Results04:44 EDT Tuesday, March 29, 2011AMSTERDAM and NEW YORK, March 29, 2011 /PRNewswire/ -- "VimpelCom Ltd" ("VimpelCom" or the "Company") (NYSE: VIP), a leading international provider of telecommunications services, today announced its operating and financial results for the fourth quarter and year ended December 31, 2010.Fourth Quarter Highlights:Net operating revenues increased by 22.0% y-o-y to $2.8 billionAdjusted OIBDA* reached $1.3 billion (up 15.0% y-o-y); consolidated OIBDA margin of 44.5%Net income attributable to VimpelCom Ltd was $461.2 million (up 62.7% y-o-y)Net cash from operating activities was $769 million (up 2.4% y-o-y)Full 2010 Year Highlights: Number of mobile subscriptions increased to 92.7 million (up 43.5% y-o-y); broadband subscriptions grew to 3.8 million (up 66.2% y-o-y)Net operating revenues increased by 20.8% y-o-y to $10.5 billionAdjusted OIBDA* reached $4.9 billion (up 15.4% y-o-y); consolidated OIBDA margin of 46.9%Net income attributable to VimpelCom Ltd was $1.7 billion (up 49.2% y-o-y)Net cash from operating activities was $3.7 billion (up 4.5 % y-o-y)Capex was $2.2 billion, capex to revenue ratio was 21.2%, reflecting a significant step up in 4Q10 Net debt during the year decreased by $0.7 billion Interim dividends for 2010 declared and paid in the amount of $850 million, an additional final dividend expected later in 2011Recent Developments:In February 2011, the Company placed $1.5 billion in bonds, including a $500 million five-year tranche with an interest rate of 6.493% and a $1 billion 10-year tranche with an interest rate of 7.748%On March 9, 2011, the Company completed its $88 million acquisition of a 78% stake in Laos's Millicom Lao Co.On March 17, 2011, VimpelCom shareholders approved the combination with Wind Telecom, paving the way for the establishment of a global diversified platform and creating one of the largest mobile operators in the world* Hereafter Adjusted OIBDA is referred to as OIBDA and Adjusted OIBDA margin is referred to as OIBDA margin (See definitions of Adjusted OIBDA and Adjusted OIBDA margin in Attachment A)Consolidated Financial Results CONSOLIDATED OPERATIONS (US$, MILLIONS)4Q 104Q 094Q 10 /4Q 093Q 104Q 10 /3Q 10201020092010/2009Net Operating revenues2,815.62,308.622.0%2,824.4-0.3%10,512.88,702.920.8%Adjusted OIBDA1,251.61,087.915.0%1,377.7-9.2%4,932.34,272.515.4%Adjusted OIBDA margin, %44.5%47.1%48.8%46.9%49.1%SG&A854.7679.825.7%799.17.0%3,063.52,390.028.2%SG&A percentage30.4%29.4%28.3%29.1%27.5%Net income attributable to VimpelCom Ltd.461.2283.462.7%495.9-7.0%1,673.31,121.849.2%Net income attributable to VimpelCom Ltd. Per ADS, basic (US$)0.340.270.391.391.09Net cash from operating activities769.0750.92.4%1,096.8-29.9%3,670.13,512.84.5%Capital expenditures1,142.6422.7170.3%520.1119.7%2,224.4814.1173.2%ROCE, %19.9%24.4%21.8%19.9%24.4%Commenting on the results, VimpelCom's Chief Executive Officer, Alexander Izosimov, said, "The Company showed a good set of results for the fourth quarter and full year of 2010, reporting substantial growth over the corresponding periods of 2009. Our results reflect improvements in macroeconomic conditions in our major markets, the consolidation of Kyivstar, as well as our efforts to drive further growth and improve the quality of our subscriber base. With annual revenues of more than $10 billion, almost $5 billion of OIBDA and $1.7 billion of net income, we continue to maintain a strong financial position."Mr. Izosimov continued, "Russia remains the focal point for us and we are implementing a comprehensive program aimed at accelerating our growth momentum in the robust and profitable Russian market. We continue to strengthen our competitive position and drive growth by prioritizing network expansion, further developing our marketing capabilities and working on distribution optimization and pricing efficiency. We have already begun to see the benefits of these efforts."He added, "Our Ukrainian business, after the consolidation of Kyivstar, delivered very good results as we regained market share, while sustaining our margins and cash flow generation ability. The synergies from integration have thus far exceeded our forecasts and overall we are happy with the development of our operations in Ukraine." Mr. Izosimov concluded, "Today, we stand at a defining moment for VimpelCom. The combination with Wind Telecom recently approved by our shareholders will expand our growth platform and help to secure the advantages of greater scale and scope. Strategically, in a dynamic industry environment, we are now better positioned to capture additional growth as the industry focus shifts from voice to data. As we look ahead, we are confident this combination will be increasingly attractive for all our stakeholders and will unlock additional value within the next 24 months."Russia - Business Context, Operations and Financial ResultsDuring the last quarter of the year, the Russian market demonstrated a modest post-crisis recovery while the Russian telecom market continued to grow and offer attractive opportunities in both the voice and data segments. The competitive situation remained intense, especially in the mobile segment. In these circumstances, Russia, our largest business unit, reported an increase of 5.3% in net operating revenues in 2010 as compared to 2009 with growth accelerating towards year end. Revenue growth in 4Q10 as compared to 4Q09 was 9.7%, driven by progress in both the mobile and fixed line segments.Operating highlights in Russia:As throughout 2010 we grew slower than the Russian telecom market, our key priority has been to accelerate growth and better exploit existing market opportunities. As a result of our active sales campaigns, the number of subscriptions increased 2.2% for both 4Q10 and the full year, reaching a record 52 million at year-endMobile quarterly revenue increased 10.0% over 4Q09 and 6.4% for the full year, with growth from subscribers and usage translating into revenue growth. This was further supported by incremental data revenues and revenue from sales of handsets and other equipment, which contributed 5.0% to quarterly growth over 4Q09 and 2.3% to total annual growthFixed line revenue increased 8.3% in 4Q10 vs. 4Q09 to end the year up 0.2% as compared to 2009. The consumer segment continued to show very strong performance with FTTB revenue growth of 34.6% vs. 4Q09 and 18.7% quarter-on-quarter in 4Q10Our 2010 total data revenue, including mobile and FTTB, reached 18 billion rubles, a 27% increase year-on-yearIn 4Q10, consolidated fixed and mobile OIBDA margin for Russia declined to 43.4% from 47.0% in 3Q10, reflecting seasonality, as well as a shift in traffic mix, higher volume of devices sold and increased marketing spendTo accommodate rapidly growing demand for our services in 2010 we more than doubled investments and returned to our normal investment levels with a Capex to sales ratio of 19.2% vs. 8.1% in 2009. This affected our ROIC, which we nevertheless maintained at the targeted level of over 30%.We expect the economic recovery in Russia to continue with support from rising oil and gas prices. Against this backdrop, we plan to pursue rapid network development and enhanced marketing programs to deliver strong targeted return on invested capital going forward.RUSSIA (RUR millions)4Q 104Q 094Q 10 /4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues64,55258,8199.7%64,2840.4%247,923235,4385.3%Adjusted OIBDA28,02627,9500.3%30,244-7.3%114,621116,882-1.9%Adjusted OIBDA margin, % 43.4%47.5%47.0%46.2%49.6%SG&A 17,94816,8056.8%17,2634.0%67,76662,3198.7% including Sales & Marketing Expenses6,5955,86212.5%6,0578.9%23,21220,01316.0% including General & Administrative Costs11,35310,9433.7%11,2061.3%44,55442,3065.3%SG&A percentage27.8%28.6%26.9%27.3%26.5%Capital expenditures24,8429,778154.1%11,715112.1%47,63119,123149.1%ROIC, %30.9%32.2%32.2%30.9%32.2%* Mobile and fixed revenues for all periods were adjusted; see definition of reportable segments in Attachment A.** Adjusted MOU is calculated for mobile subscriptions excluding mobile broadband subscriptions using USB modems.RUSSIA REVENUES* (RUR millions)4Q 104Q 094Q 10 / 4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues64,55258,8199.7%64,2840.4%247,923235,4385.3%Mobile 53,82848,92110.0%53,8040.0%207,338194,9366.4%including data revenue3,6193,01120.2%3,19613.2%13,02110,46424.4%Fixed-line10,7249,8988.3%10,4802.3%40,58540,5020.2%Business segment4,8574,7731.8%4,8041.1%18,75420,851-10.1%Wholesale3,8863,5569.3%3,985-2.5%14,93013,8667.7%Residential 1,9811,56926.3%1,69117.1%6,9005,78419.3%including FTTB revenue 1,4641,08834.6%1,23318.7%5,0563,78833.5%RUSSIA OIBDA DEVELOPMENT* (RUR millions)4Q 104Q 094Q 10 /4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA Total28,02627,9500.3%30,244-7.3%114,621116,882-1.9%Mobile 24,99325,085-0.4%27,130-7.9%103,084103,908-0.8%Fixed-line3,0332,8655.9%3,114-2.6%11,53712,974-11.1%Adjusted Total OIBDA margin, %43.4%47.5%47.0%46.2%49.6%Mobile, % 46.4%51.3%50.4%49.7%53.3%Fixed-line, % 28.3%28.9%29.7%28.4%32.0%RUSSIA OPERATING DEVELOPMENT4Q 104Q 094Q 10 /4Q 093Q 104Q 10/3Q 10201020092010/2009Mobile operationsSubscriptions ('000)52,02050,8872.2%51,6150.8%52,02050,8872.2%including mobile broadband subscriptions1,9271,03885.6%1,50028.5%1,9271,03885.6%MOU, min228.4217.74.9%222.12.8%218.5211.43.4%Adjusted MOU**, min235.5221.46.4%227.83.4%224.0214.74.3%ARPU, RUR332.6316.95.0%342.5-2.9%328.2319.62.7%Fixed-line operationsFTTB subscriptions ('000)1,35897139.9%1,19313.8%1,35897139.9%FTTB ARPU, RUR383.9392.9-2.3%357.97.3%368.0394.9-6.8%Ukraine - Business Context, Operations and Pro-forma Financial Results*In Ukraine, the economy showed improvement during 2010 as GDP returned to growth and was up 4.2% in real terms, while inflation slowed to around 10%. In the telecom market, the mobile segment remained flat due to reduced mobile termination rates. For the full year, our Ukraine business unit delivered solid results with consolidated revenue declining by just 0.3% on a pro-forma basis, in line with market trends. Revenues improved in the second half of the year with underlying growth of 3.4% year-on-year in 4Q10, when taking into account a one-off adjustment to 4Q09 Kyivstar revenues, related to interconnection fees.The integration of our Ukrainian operations continues to progress well with independently validated synergies of approximately $52 million in 2010, exceeding our initial targets. Approximately 70% of these savings came from optimization of Capex, further supported by revenue synergies and savings in SG&A. Operating highlights in Ukraine:Our marketing activities in mobile continued to focus on promoting high usage and unlimited tariffs. This has led to an increase in MOU and ARPU, simultaneously lowering churn. Our active customer base year-on-year resumed growth, up 1.5% to 24.4 million at 2010 year-end while ARPU increased by 0.7% over 4Q09 and by 1.3% for the full yearWe added 52,306 broadband subscriptions in the quarter, increasing the total base by 143.5% over 4Q09 and delivering on our ambitious plans to become the #1 alternative broadband operator in Ukraine. Residential fixed (mainly FTTB) revenue showed 140.9% growth compared to 4Q09 and 104.4% growth for the full yearMobile revenue increased 1.7% over 4Q09 and 0.2% for the full year despite a significant reduction in mobile termination rates of approximately 20%, intense price-based competition and proliferation of free on-net tariffsSG&A costs for the full year were 0.2% below 2009 despite increases in traffic volumes, a five fold increase in frequency fees and high inflation. This is the result of our ongoing operational excellence program and synergy initiatives. Strong profitability was reflected in a consolidated OIBDA margin increase of 1.6 percentage points in comparison with 4Q09 and 1.5 percentage points increase in comparison with full year 2009 due to synergies, ongoing cost management and lower mobile termination ratesCapital expenditures were up 38% for the full year of 2010 to support the growth in mobile traffic and active broadband rollout. We continue to invest in the development of our current mobile network and we also see the development of our FTTB networks as a priority.* Ukraine reporting segment includes operations of Kyivstar, URS and GTI. "Pro forma basis" means that the numbers are presented assuming that the business combination with Kyivstar had taken place on January 1, 2009UKRAINE PRO-FORMA (UAH millions)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues3,198.33,174.90.7%3,365.4-5.0%12,488.912,521.9-0.3%Adjusted OIBDA1,709.11,643.94.0%1,913.2-10.7%6,695.56,529.42.5%Adjusted OIBDA margin, % 53.4%51.8%56.8%53.6%52.1%SG&A 944.1898.35.1%873.58.1%3,578.13,586.5-0.2% including Sales & Marketing Expenses176.2220.1-19.9%167.35.3%668.7788.9-15.2% including General & Administrative Costs767.9678.213.2%706.28.7%2,909.42,797.64.0%SG&A percentage29.5%28.3%26.0%28.6%28.6%Capital expenditures584.0421.038.7%403.344.8%2,005.31,453.737.9%UKRAINE PRO-FORMA REVENUES (UAH millions)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues3,198.33,174.90.7%3,365.4-5.0%12,488.912,521.9-0.3%Mobile 3,064.83,013.61.7%3,239.4-5.4%11,945.211,926.90.2%Fixed-line 133.5161.3-17.2%126.06.0%543.8595.1-8.6%Business segment77.782.5-5.8%74.93.7%299.4329.8-9.2%Wholesale25.266.1-61.9%27.2-7.4%146.7217.5-32.6%Residential 30.612.7140.9%23.928.0%97.747.8104.4%UKRAINE ACTUAL (UAH millions)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues3,198.3384.7731.4%3,365.4-5.0%9,384.11,582.1493.1%Adjusted OIBDA Total1,709.160.82711.0%1,913.2-10.7%5,007.4281.41679.5%Net income/(loss) attributable to VimpelCom Ltd.514.1(214.4)587.3-12.5%1,275.1(703.1)UKRAINE PRO-FORMA OPERATING DEVELOPMENT 4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Mobile operationsSubscriptions ('000)24,39024,0341.5%25,057-2.7%24,39024,0341.5%MOU, min456.6379.120.4%433.25.4%430.9320.034.7%ARPU mobile, UAH40.340.00.7%42.6-5.4%39.839.31.3%ARPU mobile, US$5.15.02.0%5.4-5.6%5.05.00.0%Fixed-line operationsBroadband subscriptions ('000)266.1109.3143.5%213.824.5%266.1109.3143.5%Broadband ARPU, UAH38.244.7-14.6%38.00.6%41.057.2-28.3%Broadband ARPU, US$4.85.6-14.3%4.80.0%5.27.3-28.8%CIS - Business Context, Operations and Financial Results*In 2010, net operating revenues in the CIS grew substantially, increasing 17% year-on-year driven by organic growth in major CIS markets, as well as the consolidation of our operations in Kyrgyzstan from 1Q10. The consolidated CIS OIBDA margin remained strong at 47.1%, in line with our targeted level of high 40's. Operating highlights in CIS:CIS mobile subscriptions grew to 15.6 million, representing a substantial increase of 37.7% year-on-year and 5.6% quarter-on-quarter as a result of the launch of new data products and an increase in the number of sales channels In 4Q10, net operating revenues in the CIS continued to demonstrate considerable growth of 23% as compared with the same period in 2009. On a quarter-on-quarter basis net operating revenues grew 0.3%, despite the traditional seasonal decline in 4Q10The consolidated CIS OIBDA margin in 4Q10 remained strong at 44.3%, reflecting seasonal factors, 3G launch in Kazakhstan and Kyrgyzstan, higher sales and advertising costs due to competition in all markets. Despite two massive start-ups (FTTB and 3G), the annual consolidated CIS OIBDA margin of 47.1% remained in line with our targeted high level of profitabilityBroadband subscriptions increased 23.4% quarter-on-quarter, primarily driven by the development of our broadband operations in Armenia and KazakhstanCapex for the CIS markets increased substantially both year-on-year and quarter-on-quarter to support our network expansion, which is mainly focused on increasing mobile penetration and investments in fixed networks.CIS OPERATIONS (US$ millions)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues362.0293.523.3%361.00.3%1,354.01,155.817.1%Adjusted OIBDA160.3144.510.9%176.0-8.9%637.8578.310.3%Adjusted OIBDA margin, % 44.3%49.2%48.8%47.1%50.0%SG&A110.778.041.9%94.617.0%374.5299.824.9% including Sales & Marketing Expenses31.521.447.2%26.220.2%97.376.926.5% including General & Administrative Costs79.256.639.9%68.415.8%277.2222.924.4%SG&A percentage30.6%26.6%26.2%27.7%25.9%Capital expenditures256.157.1348.5%78.3227.1%437.4106.9309.2%ROIC, %10.8%10.8%10.8%10.8%10.8%Mobile subscriptions ('000)15,61211,33737.7%14,7825.6%15,61211,33737.7%including mobile broadband subscriptions32.5-n/a20.360.1%32.5-n/aBroadband fixed-line subscriptions ('000)91.836.5151.5%74.423.4%91.836.5151.5%* CIS operations include operations in Kazakhstan, Uzbekistan, Armenia, Kyrgyzstan (since 1Q10), Tajikistan, and Georgia. South-East Asia ? OverviewOur Vietnamese joint-venture maintained its operations on a limited level during the fourth quarter as shareholders' negotiations regarding the further financing and expansion of this business continued. We do not consolidate the Vietnamese operations in our financial reporting.Cambodia achieved solid double-digit growth with active subscriber intake increasing by 29% and revenue improving by 38% quarter-on-quarter. In the fourth quarter of 2010, the Company maintained its position as #3 provider in the market in terms of subscribers.SEA (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating mobile revenues 6.92.4187.5%5.038.0%21.85.7282.5%Adjusted mobile OIBDA -9.8-12.622.2%(8.8)-11.4%(35.3)(38.1)7.3%Conference CallThe Company's management will discuss its fourth quarter 2010 results during a conference call and slide presentation on March 29, 2011 at 4:30 pm CET, (10:30 am US ET). The call and slide presentation may be accessed via webcast at http://www.vimpelcom.com.US call-in number: + 1 888-455-2263International call-in number: + 1 719-457-2693The conference call replay and the slide presentation webcast will be available through April 5, 2011 and April 29, 2011, respectively. The slide presentation will also be available for download on the Company's website.US Replay Number: +1 888-203-1112 Confirmation Code: 1962230International Replay Number: +1 719-457-0820 Confirmation Code: 1962230DisclaimerThis press release contains "forward-looking statements", as the phrase is defined in Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements include those relating to the Company's transaction with Wind Telecom, realization of synergies in Ukraine and the expected growth and development of the Company's operations. These and other forward-looking statements are based on management's best assessment of the Company's strategic and financial position and of future market conditions and trends. These discussions involve risks and uncertainties. The actual outcome may differ materially from these statements as a result of continued volatility in the economies in the markets in which the Company operates, unforeseen developments from competition, governmental regulation of the telecommunications industries, general political uncertainties in the markets in which the Company operates and/or litigation with third parties. The actual outcome may also differ materially if the Company is unable to obtain all necessary corporate approvals relating to its business, if the Company is unable to successfully integrate its Ukrainian operations and other newly-acquired businesses and other factors. In addition, there are risks related to the transaction with Wind Telecom, including the possibility that the transaction may not close in a timely manner or at all; the possibility that anticipated benefits may not materialize as expected; that, prior to the completion of the transaction, VimpelCom's business or Wind Telecom's business may not perform as expected; that the parties are unable to successfully implement integration strategies or otherwise realize the synergies anticipated for the transaction; the possibility that Telenor may succeed in the arbitration against the Company and Altimo Holdings and Investments Ltd. or bring other legal challenge (including requests for injunctive relief) against the Company, its officers or directors and/or Altimo in respect of its claims to pre-emptive rights or otherwise; and other risks and uncertainties that are beyond the parties' control. There can be no assurance that such risks and uncertainties will not have a material adverse effect on the Company. Certain factors that could cause actual results to differ materially from those discussed in any forward-looking statements include the risk factors described in the Company's registration statement on Form F-4 filed with the U.S. Securities and Exchange Commission (the "SEC"), the Company's proxy statement furnished to the SEC on Form 6-K on February 15, 2011, OJSC VimpelCom's public filings with the SEC, including its Annual Report on Form 20-F for the year ended December 31, 2009, and other public filings made by the Company with the SEC, which risk factors are incorporated herein by reference. The Company disclaims any obligation to update developments of these risk factors or to announce publicly any revision to any of the forward-looking statements contained in this release, or to make corrections to reflect future events or developments.About VimpelCom Ltd.VimpelCom consists of telecommunications operators providing voice and data services through a range of wireless, fixed and broadband technologies. The VimpelCom group is headquartered in Amsterdam and has operations in Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Georgia, Armenia, Kyrgyzstan, Vietnam, Cambodia and Laos, covering territory with a total population of about 351,5 million. VimpelCom operating companies provide services under the "Beeline" and "Kyivstar" brands. VimpelCom's ADSs are listed on the New York Stock Exchange under the symbol "VIP". Content of the attachment tables: Attachment A: VimpelCom Ltd Financial Statements 11Attachment B: Reconciliation Tables 15Capex Development17Average Rates of Functional Currencies to USD17VimpelCom Ltd Financial and Operational Highlights onPro-Forma Basis17Attachment C: Financial and Operational Highlights in Functional Currencies 18Attachment D: Key Financial Results in US Dollars22Attachment E: Definitions 26For more information on financial and operating data for specific countries, as well as reconciliation of OIBDA, please refer to the supplementary file FinancialOperatingQ42010.xls on our website at http://vimpelcom.com/ir/financials/results.wbp. Attachment A: VimpelCom Ltd financial statements VimpelCom Ltd Consolidated Statements of Income*Years ended December 31,201020092008(In thousands of US dollars, except share amounts)Operating revenues:Service revenues$10,291,333$8,580,815$9,999,850Sales of equipment and accessories193,815109,959107,946Other revenues27,65219,78817,190Total operating revenues10,512,8008,710,56210,124,986-Revenue based tax-(7,660)(8,054)Net operating revenues10,512,8008,702,90210,116,932-Operating expenses:Service costs2,251,4741,878,4432,262,570Cost of equipment and accessories 216,944110,677101,282Selling, general and administrative expenses3,063,5482,389,9982,838,508Depreciation1,573,3641,393,4311,520,184Amortization506,400300,736360,980Impairment loss -?442,747Provision for doubtful accounts48,57151,26254,711Total operating expenses7,660,3016,124,5477,580,982-Operating income2,852,4992,578,3552,535,950-Other income and expenses:Interest income55,93851,71471,618Net foreign exchange loss(4,532)(411,300)(1,142,276)Interest expense(540,040)(598,531)(495,634)Equity in net gain/(loss) of associates53,189(35,763)(61,020)Other (expenses)/income, net(90,526)(32,114)(17,404)Total other income and expenses(525,971)(1,025,994)(1,644,716)Income before income taxes2,326,5281,552,361891,234-Income tax expense605,663435,030303,934-Net income1,720,8651,117,331587,300Net income/(loss) attributable to the noncontrolling interest47,524(4,499)62,966Net income attributable to VimpelCom$1,673,341$1,121,830$524,334Basic EPS :Net income attributable to VimpelCom per common share restated$1.39$1.09$0.52Weighted average common shares outstanding (thousand)1,207,0401,012,9401,014,000Diluted EPS :Net income attributable to VimpelCom per common share restated $1.39$1.08$0.52Weighted average diluted shares (thousand)1,207,3401,013,5601,014,060* Average rates of functional currencies to USD is presented in Attachment BVimpelCom Ltd Consolidated Balance SheetsDecember 31,December 31,20102009(In thousands of US dollars, except share amounts)AssetsCurrent assets:Cash and cash equivalents $ 885,125$ 1,446,949Trade accounts receivable, net of allowance for doubtful accounts 506,322392,365Inventory 137,41361,919Deferred income taxes 117,23691,493Input value added tax 137,95896,994Due from related parties 87,151249,631Other current assets454,328627,257Total current assets2,325,5332,966,608Property and equipment, net 6,899,2285,561,569Telecommunications licenses, net 562,931542,597Goodwill 7,003,7143,284,293Other intangible assets, net 1,481,800700,365Software, net627,330448,255Investments in associates 446,130436,767Due from related parties4,9051,101Other assets576,324790,986Total assets$ 19,927,895$ 14,732,541Liabilities, redeemable noncontrolling interest and equityCurrent liabilities:Accounts payable$ 963,450$ 545,690Due to employees108,050113,368Due to related parties 5,6349,211Accrued liabilities 212,323314,987Taxes payable233,848212,767Customer advances, net of VAT452,055376,121Customer deposits33,83528,386Deferred income taxes 50,313679Short-term debt 1,162,4441,813,141Total current liabilities3,221,9523,414,350Deferred income taxes 688,206596,472Long-term debt 4,498,8615,539,906Other non-current liabilities 184,133164,636Commitments, contingencies and uncertainties --Total liabilities8,593,1529,715,364Redeemable noncontrolling interest522,076508,668Equity:Convertible voting preferred stock (0.001 US$ nominal value per share), 128,532,000 shares authorized; 128,532,000 shares issued and outstanding129129Common stock (0.001 US$ nominal value per share), 2,000,000,000 shares authorized; 1,302,559,308 shares issued (December 31, 2009: 1,025,620,440); 1,291,232,105 shares outstanding (December 31, 2009: 1,014,291,580) 1,3031,026Ordinary stock (0.001 US$ nominal value per share), 50,000,000 shares authorized; nil shares issued and outstanding --Additional paid-in capital6,292,2691,142,594Retained earnings5,153,8194,074,492Accumulated other comprehensive loss(561,154)(488,277)Treasury stock, at cost, 11,327,203 shares of common stock (December 31, 2009: 11,328,860)(215,763)(223,421)Total VimpelCom shareholders' equity10,670,6034,506,543Noncontrolling interest142,0641,966Total equity10,812,6674,508,509Total liabilities, redeemable noncontrolling interest and equity$ 19,927,895$ 14,732,541VimpelCom Ltd Consolidated Statements of Cash FlowsYears ended December 31,201020092008(In thousands of US dollars)Operating activitiesNet income $ 1,720,865$ 1,117,331$ 587,300Adjustments to reconcile net income to net cash provided by operating activities:Depreciation1,573,3641,393,4311,520,184Amortization506,400300,736360,980Impairment loss--442,747(Gain)/loss from associates(53,189)35,76361,020Provision for deferred taxes (190,949)(19,541)(92,654)Loss on foreign currency translation4,532411,3001,142,276Provision for doubtful accounts48,57151,26254,711Stock-based compensation expense/(gain)2,2392,323(121,890)Loss from early debt redemption-19,063-Other adjustments 4,908(380)(5,078)Changes in operating assets and liabilities:Trade accounts receivable75,183(57,452)(240,629)Inventory(48,945)64,927(90,221)Input value added tax(23,850)78,972(103,941)Other current assets(40,945)135,212(415,735)Accounts payable32,899(69,290)281,725Customer advances and deposits(4,171)(23,010)75,098Taxes payable and accrued liabilities63,23072,122(34,035)Net cash provided by operating activities3,670,1423,512,7693,421,858Investing activitiesPurchases of property and equipment(1,434,548)(691,445)(2,002,452)Purchases of intangible assets(58,604)(15,685)(75,012)Purchases of software (264,107)(184,481)(313,652)Investments in associates-(12,500)(491,265)Payment for shares in Golden Telecom(143,569)--Escrow cash deposit--200,170Proceeds from sale of property, plant and equipment13,573--Cash proceeds from Kyivstar acquisition167,176--Acquisition of subsidiaries, net of cash acquired (52,165)-(4,134,609)Cash increase due to Sky Mobile consolidation4,702--Loan granted (32,857)-(350,000)Loan receivable repayment22,910--Investments in deposits455,187(488,580)43,179Purchases of other assets, net(25,149)(40,799)(53,575)Net cash provided by/(used in) investing activities(1,347,451)(1,433,490)(7,177,216)VimpelCom Ltd Consolidated Statements of Cash Flows (Continued)Financing activitiesProceeds from bank and other loans1,174,6461,270,2486,209,392Proceeds from sale of treasury stock--25,488Repayments of bank and other loans(2,898,292)(2,432,862)(721,222)Payments of fees in respect of debt issues(5,068)(53,071)(68,159)Share capital issued and paid905--Share premium contributed(201)--Purchase of noncontrolling interest in consolidated subsidiaries(12,594)(18,198)(992,825)Payment of dividends (577,998)(315,644)(587,302)Payment of dividends to noncontrolling interest(72,370)(13,977)-Purchase of own shares(479,936)(114,476)Net proceeds from employee stock options7,33918,142-Net cash (used in)/ from financing activities(2,863,569)(1,545,362)3,750,896Effect of exchange rate changes on cash and cash equivalents(20,946)(1,651)(84,566)Net increase in cash and cash equivalents(561,824)532,266(89,028)Cash and cash equivalents at beginning of period1,446,949914,6831,003,711Cash and cash equivalents at end of period$ 885,125$ 1,446,949$ 914,683Years ended December 31,201020092008(In thousands of US dollars)Supplemental cash flow informationCash paid during the period:Income tax$ 615,135$ 428,761$ 647,597Interest (net of amounts capitalized)538,928532,012362,081Non-cash activities:Equipment acquired under financing agreements4,930-2,726Accounts payable for property, equipment and other long-lived assets526,509210,159448,218Non?cash discounts from suppliers of equipment-2392,464Issue of promissory notes--81,660Attachment B: Reconciliation Tables Reconciliation of Consolidated Adjusted OIBDA of VimpelCom*(In millions of US$)Q4 20092009Q1 2010Q2 2010Q3 2010Q4 20102010Adjusted OIBDA1,087.94,272.51,041.201,261.801,377.701,251.564,932.3Depreciation(393.2)1,393.4352.50376.70408.30435.881,573.4Amortization(86.8)300.766.70116.50137.80185.39506.4Operating income607.92,578.4622.00768.60831.60630.292,852.5Interest income10.451.711.5016.1014.6013.7655.9Net foreign exchange (loss)/gain(14.1)(411.3)104.90(126.40)27.30(10.34)(4.5)Interest expense(163.7)(598.5)(141.70)(132.30)(125.70)(140.40)(540.0)Equity in net gain/(loss) of associates (10.0)(35.8)(3.80)11.1019.2026.6853.2Other (expense)/income, net(24.0)(32.1)(48.30)(10.00)(26.60)(5.66)(90.5)Income tax expense(125.4)(435.0)(153.00)(178.00)(230.30)(44.35)(605.7)Net income281.11,117.4391.60349.10510.10469.981,720.9Reconciliation of Consolidated Adjusted OIBDA Margin of VimpelCom*Q4 20092009Q1 2010Q2 2010Q3 2010Q4 20102010Adjusted OIBDA margin47.1%49.1%46.7%47.8%48.8%44.5%46.9%Less: Depreciation as a percentage of net operating revenues(17.0%)(16.0%)(15.8%)(14.3%)(14.5%)(15.5%)(15.0%)Less: Amortization as a percentage of net operating revenues(3.8%)(3.5%)(3.0%)(4.4%)(4.9%)(6.6%)(4.8%)Operating income as a percentage of net operating revenues26.3%29.6%27.9%29.1%29.4%22.4%27.1%Interest income0.5%0.6%0.5%0.6%0.5%0.5%0.5%Net foreign exchange (loss)/gain(0.6%)(4.7%)4.7%(4.8%)1.0%(0.4%)(0.0%)Interest expense(7.1%)(6.9%)(6.4%)(5.0%)(4.5%)(5.0%)(5.1%)Equity in net gain/(loss) of associates (0.4%)(0.4%)(0.2%)0.4%0.7%0.9%0.5%Other (expense)/income, net(1.0%)(0.4%)(2.0%)(0.4%)(0.8%)(0.2%)(0.9%)Income tax expense(5.4)%5.0%(6.9%)(6.7%)(8.2%)(1.6%)5.8%Net income margin12.2%12.8%17.6%13.2%18.1%16.7%16.4%*Quarterly reconciliations are presented in the supplementary file FinancialOperatingQ42010.xls on our website at http://vimpelcom.com/ir/financials/results.wbp.Reconciliation of VimpelCom Consolidated ROCE and Net Debt(In millions of US$)VimpelCom Ltd. Actual ROCE, %3Q '084Q '081Q '092Q '093Q '094Q '091Q '102Q '103Q '104Q '10Consolidated operating income LTM 2,8592,5362,4022,3572,1792,5782,6332,7102,8302,852Net debt7,2767,5286,7296,3255,5475,4204,8503,8653,9704,740Long - term debt6,2556,5345,3075,7325,5935,5405,2924,8014,3674,499Short-term debt1,7481,9092,3882,2422,4761,8131,3561,5322,1261,162Cash and cash equivalents (727)(915)(966)(1,649)(2,522)(1,447)(1,530)(2,353)(2,467)(885)Long - term and short-term deposits-----(486)(268)(115)(56)(36)Total equity5,6394,1403,1464,0384,5694,5095,37610,64411,13810,813Redeemable noncontrolling interest470470500500505509512515519522Total capital employed (CE)13,38512,13810,37510,86310,62110,43810,73815,02415,62716,075Average capital employed11,69010,99910,57410,66511,70512,95714,366ROCE consolidated20.2%19.8%24.4%24.7%23.2%21.8%19.9%Reconciliation of ROICRussia, ROIC, % (based on RUR millions)4Q 104Q 093Q 10Operating income LTM76,66476,96075,969 Property and equipment135,806125,264124,465 Licenses4,2426,2304,798 Intangible assets12,58314,81513,242 Goodwill79,88478,89680,181 Software12,09610,5769,825 Frequency permissions3,3623,1453,234Total Invested Capital247,973238,926235,745ROIC, %30.9%32.2%32.2%CIS, ROIC, % (based on US$ millions)4Q 104Q 093Q 10Operating income LTM291.6242.7270.1 Property and equipment1,257.21,076.81,146.0 Licenses238.3242.8216.3 Intangible assets172.5181.5176.0 Goodwill953.4675.6874.5 Software77.077.777.5 Frequency permissions4.53.04.6Total Invested Capital2,702.92,257.42,494.9ROIC, %10.8%10.8%10.8%Average Rates of Functional Currencies to USD*Functional Currency/1 US$2Q 093Q 094Q 091Q 102Q 103Q 104Q 10Russia RUR32.2131.3329.4729.8930.2430.6230.71KazakhstanKZT150.47150.75149.77147.68146.81147.40147.49UkraineUAH7.667.827.997.997.927.907.93ArmeniaAMD370.46372.66384.40384.26384.49365.57360.72GeorgiaGEL1.661.681.681.721.801.841.77KyrgyzstanKGS---44.5545.7546.7446.80Functional Currency/1 US$200820092010RUR24.8631.7230.37UAH5.277.797.94KZT120.29147.46147.34* Functional currencies in TajikistanCapex DevelopmentCAPEX (in US$ millions)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Total capex 1,142.6422.7170.3%520.1119.7%2,224.4814.1173.2%Russia806.8331.8143.2%382.6110.9%1,557.0619.5151.3%Ukraine73.611.0569.1%51.044.3%189.319.8856.1%Other CIS256.157.1348.5%78.3227.1%437.4106.9309.2%All other6.122.8-73.2%8.2-25.6%40.767.9-40.1%VimpelCom Ltd Financial and Operational Highlights on Pro-Forma Basis**CONSOLIDATED OPERATIONS (US$, millions)4Q 10 (actual)4Q 09 (pro-forma)4Q 10/4Q 093Q 10 (actual)4Q 10/3Q 102010 (pro-forma)2009 (pro-forma)2010/ 2009Net operating revenues2,815.62,648.66.3%2,824.4-0.3%10,891.010,070.68.1%Adjusted OIBDA1,251.61,286.0-2.7%1,377.7-9.2%5,144.05,075.41.4%Adjusted OIBDA margin, % 44.5%48.6%48.8%47.2%50.4%SG&A854.7773.710.5%799.17.0%3,178.32,771.214.7%SG&A percentage30.4%29.2%28.3%29.2%27.5%Net income attributable to VimpelCom Ltd.461.2337.236.8%495.9-7.0%1,720.11,363.426.2%Net cash from operating activities769.0n/a1,096.8-29.9%3,854.8n/aCapital expenditures1,142.6464.7145.9%520.1119.7%2,341.51,084.6115.9%** "Pro forma basis" means ? that the numbers are presented assuming that the business combination with Kyivstar had taken place on January 1Attachment C: Financial and Operational Highlights in Functional Currencies UkraineUKRAINE ACTUAL (UAH millions)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues3,198.3384.7731.4%3,365.4-5.0%9,384.21,582.1493.1%Adjusted OIBDA1,709.160.82711.0%1,913.2-10.7%5,007.4281.41679.5%Adjusted OIBDA margin, % 53.4%15.8%56.8%53.4%17.8%SG&A 944.1150.0529.4%873.58.1%2,662.1611.1335.6% including Sales & Marketing Expenses176.229.2503.4%167.35.3%505.1128.1294.3% including General & Administrative Costs767.9120.8535.7%706.28.7%2,157.0483.0346.6%SG&A percentage29.5%39.0%26.0%28.4%38.6%Capital expenditures584.087.9564.4%403.344.8%1,499.0156.0860.9%UKRAINE ACTUAL REVENUES (UAH millions)4Q 104Q 094Q 10/ 4Q 093Q 104Q 10/ 3Q 10201020092010/ 2009Net operating revenues3,198.3384.7731.4%3,365.4-5.0%9,384.21,582.1493.1%Mobile 3,064.8190.01513.1%3,239.4-5.4%8,796.2858.7924.4%Fixed-line 133.5194.7-31.4%126.06.0%588.0723.4-18.7%Business segment77.782.5-5.8%74.93.7%299.4329.8-9.2%Wholesale25.299.5-74.7%27.2-7.4%190.9345.8-44.8%Residential 30.612.7140.9%23.928.0%97.747.8104.4%CIS - Revenues DevelopmentKAZAKHSTAN (KZT mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues28,55625,56411.7%29,100-1.9%108,26696,54312.1%Mobile27,77225,15110.4%28,422-2.3%105,77795,07411.3%Fixed-line78441389.8%67815.6%2,4891,46969.4%ARMENIA (AMD mln)4Q 104Q 094Q 10/ 4Q 093Q 104Q 10/ 3Q 10201020092010/ 2009Net operating revenues17,15918,202-5.7%17,785-3.5%68,03472,687-6.4%Mobile7,0417,046-0.1%7,698-8.5%27,22728,819-5.5%Fixed-line10,11811,156-9.3%10,0870.3%40,80743,868-7.0%UZBEKISTAN (US$ mln)*4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues59.050.217.5%53.89.7%209.5211.4-0.9%Mobile56.447.518.7%51.49.7%199.6199.30.2%Fixed-line2.62.7-3.7%2.48.3%9.912.1-18.2%TAJIKISTAN (US$ mln)*4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues21.115.635.3%22.2-5.0%78.259.232.1%Mobile16.615.66.4%16.50.6%61.359.23.5%Fixed-line4.5-n/a5.7-21.1%16.9-n/aGEORGIA (GEL mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues20.417.119.3%23.9-14.6%83.954.055.4%Mobile19.517.114.0%23.2-15.9%81.054.050.0%Fixed-line0.9-n/a0.728.6%2.9-n/aKYRGYZSTAN (KGS mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Mobile net operating revenues1,431-n/a1,3684.6%5,198-n/aCIS REVENUES** (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues362.0293.523.3%361.00.3%1,354.01,155.917.1%Mobile321.0259.023.9%320.50.2%1,199.71,012.918.4%Fixed-line41.034.518.8%40.51.2%154.3143.07.9%* US$ is the functional currency in Uzbekistan and Tajikistan. ** Mobile and fixed revenues for all periods were recalculated ? please see definition of reportable segments in Attachment A.CIS ? Adjusted OIBDA DevelopmentKAZAKHSTAN (KZT mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/ 3Q 10201020092010/2009Adjusted OIBDA total 14,61614,0833.8%16,483-11.3%59,69553,24512.1%Adjusted OIBDA margin, % 51.2%55.1%56.6%55.1%55.2%ARMENIA (AMD mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA total 6,4628,748-26.1%8,074-20.0%29,21436,625-20.2%Adjusted OIBDA margin, % 37.7%48.1%45.4%42.9%50.4%UZBEKISTAN (US$ mln)*4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA total 21.223.0-7.8%21.9-3.2%82.8106.5-22.3%Adjusted OIBDA margin, % 35.9%45.8%40.7%39.5%50.4%TAJIKISTAN (US$ mln)*4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA total10.77.150.7%8.821.6%30.622.635.4%Adjusted OIBDA margin, % 50.7%45.5%39.6%39.1%38.2%GEORGIA (GEL mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA Total3.30.6450.0%6.4-48.4%14.41.5860.0%Adjusted OIBDA margin, % 16.2%3.5%26.8%17.2%2.8%KYRGYZSTAN (KGS mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA Total 713-n/a56925.3%2,297-n/aAdjusted OIBDA margin, % 49.8%-n/a41.6%44.2%n/aCIS OIBDA (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA total 160.3144.510.9%176.0-8.9%637.8578.310.3%Adjusted OIBDA margin, % 44.3%49.2%48.8%47.1%50.0%* US$ is the functional currency in Uzbekistan and Tajikistan.CIS - Operating HighlightsKAZAKHSTAN4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Mobile subscriptions ('000)6,8676,13511.9%6,7361.9%6,8676,13511.9%MOU, min123.6102.320.8%130.3-5.1%120.393.129.2%ARPU mobile, US$184.108.40.206%9.6-4.2%220.127.116.11%ARPU mobile, (KZT)1,3591,2796.3%1,419-4.2%1,3641,20213.5%Broadband internet subscriptions ('000)12.01.3n/a6.293.5%12.01.3n/aARMENIA4Q 104Q 094Q 10/ 4Q 093Q 104Q 10/ 3Q 10201020092010/ 2009Mobile subscriptions ('000)67254523.3%58115.7%67254523.3%including mobile broadband subscriptions7.0-n/a7.4-5.4%7-n/aMOU, min274.9268.22.5%286.7-4.1%294.3237.823.8%ARPU mobile, US$10.011.5-13.0%11.4-12.3%10.313.2-22.0%ARPU mobile, (AMD)3,5604,433-19.7%4,176-14.8%3,7934,782-20.7%Broadband internet subscriptions ('000)68.026.2159.5%57.817.6%68.026.2159.5%UZBEKISTAN4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Mobile subscriptions ('000)4,8223,51537.2%4,3989.6%4,8223,51537.2%including mobile broadband subscriptions25.5-n/a12.997.7%26-n/aMOU, min402.9387.34.0%387.73.9%385.7314.022.8%ARPU mobile, US$4.04.6-13.0%4.1-2.4%4.14.7-12.8%Broadband internet subscriptions ('000)11.89.031.1%10.413.5%11.89.031.1%TAJIKISTAN4Q 104Q 094Q 10/ 4Q 093Q 104Q 10/ 3Q 10201020092010/ 2009Mobile subscriptions ('000)7877435.9%7721.9%7877435.9%MOU, min197.3173.613.7%191.23.2%178.5172.93.2%ARPU mobile, US$7.17.2-1.4%7.10.0%6.57.1-8.5%GEORGIA4Q 104Q 094Q 10/ 4Q 093Q 104Q 10/ 3Q 10201020092010/ 2009Mobile subscriptions ('000)56039940.4%5295.9%56039940.4%MOU, min133.8131.12.1%147.4-9.2%136.7138.3-1.2%ARPU mobile, US$6.68.4-21.4%8.1-18.5%7.58.9-15.7%ARPU mobile, (GEL)11.715.2-23.0%14.9-21.5%13.614.9-8.7%KYRGYZSTAN4Q 104Q 094Q 10/ 4Q 093Q 104Q 10/ 3Q 10201020092010/ 2009Mobile subscriptions ('000)1,904-n/a1,7667.8%1,904-n/aMOU, min312.9-n/a288.28.6%257.7-n/aARPU mobile, US$5.6-n/a5.60.0%5.3-n/aARPU mobile, (KGS)261.2-n/a260.00.5%242.0-n/aAttachment D: Key Financial Results in US Dollars*RussiaRUSSIA (US$ millions)4Q 104Q 094Q 10 / 4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues2,101.71,996.05.3%2,099.40.1%8,161.67,447.89.6%Adjusted OIBDA912.7948.0-3.7%987.9-7.6%3,775.33,696.12.1%Adjusted OIBDA margin, % 43.4%47.5%47.1%46.3%49.6%SG&A 584.3570.02.5%563.63.7%2,230.61,975.112.9% including Sales & Marketing Expenses214.7191.012.4%197.88.5%763.7626.122.0% including General & Administrative Costs369.6379.0-2.5%365.81.0%1,466.91,349.08.7%SG&A percentage27.8%28.6%26.8%27.3%26.5%Capital expenditures806.8331.8143.2%382.6110.9%1,557.0619.5151.3%RUSSIA REVENUES (US$ millions)4Q 104Q 094Q 10 / 4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues2,101.71,996.05.3%2,099.40.1%8,161.67,447.89.6%Mobile revenues1,752.61,660.05.6%1,757.2-0.3%6,826.06,170.110.6%Fixed-line revenues 349.1336.03.9%342.22.0%1,335.61,277.74.5%Business segment158.1162.0-2.4%156.90.8%617.4656.4-5.9%Wholesale126.5121.04.5%130.1-2.8%491.1438.212.1%Residential 64.553.021.7%55.216.8%227.1183.224.0%RUSSIA ADJUSTED OIBDA DEVELOPMENT (US$ millions)4Q 104Q 094Q 10 / 4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA total912.7948.0-3.7%987.9-7.6%3,775.33,696.12.1%Mobile814.2851.0-4.3%886.2-8.1%3,395.83,287.93.3%Fixed-line98.597.01.5%101.7-3.1%379.5408.2-7.0%Adjusted total OIBDA margin, %43.4%47.5%47.1%46.3%49.6%Mobile, %46.5%51.3%50.4%49.7%53.3%Fixed-line, % 28.2%28.9%29.7%28.4%31.9%* Please find information on respective operating income amounts in the supplementary file FinancialOperatingQ32010.xls on our website at http://vimpelcom.com/ir/financials/results.wbp. UkraineUKRAINE ACTUAL (US$ millions)4Q 104Q 094Q 10/ 4Q 093Q 104Q 10/ 3Q 10201020092010/ 2009Net operating revenues404.048.1739.9%426.0-5.2%1,185.4203.2483.4%Adjusted OIBDA215.97.62740.8%242.2-10.9%632.836.01657.8%Adjusted OIBDA margin, % 53.5%15.8%56.9%53.4%17.7%SG&A 119.018.7536.4%110.67.6%336.078.4328.6% including Sales & Marketing Expenses22.23.5534.3%21.24.7%63.715.9300.6% including General & Administrative Costs96.815.2536.8%89.48.3%272.362.5335.7%SG&A percentage29.5%38.9%26.0%28.3%38.6%Capital expenditures73.611.0569.1%51.044.3%189.319.8856.1%UKRAINE ACTUAL REVENUES (US$ millions)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues404.048.1739.9%426.0-5.2%1,185.4203.2483.4%Mobile 387.123.81526.5%410.0-5.6%1,111.4110.4906.7%Fixed-line 16.924.3-30.5%16.05.6%74.092.8-20.3%Business segment9.810.3-4.9%9.53.2%37.842.0-10.0%Wholesale3.212.4-74.2%3.5-8.6%23.944.7-46.5%Residential 3.91.6143.8%3.030.0%12.36.1101.6%CIS Revenues in US$KAZAKHSTAN (US$ mln)4Q 104Q 094Q 10/ 4Q 093Q 104Q 10/ 3Q 10201020092010/ 2009Net operating revenues193.6170.413.6%197.4-1.9%734.8653.312.5%Mobile188.3167.712.3%192.8-2.3%717.9643.411.6%Fixed-line5.32.796.3%4.615.2%16.99.970.7%ARMENIA (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues47.547.30.4%48.7-2.5%182.4200.6-9.1%Mobile19.518.36.6%21.1-7.6%73.279.6-8.0%Fixed-line28.029.0-3.4%27.61.4%109.2121.0-9.8%UZBEKISTAN (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues59.050.217.5%53.89.7%209.5211.4-0.9%Mobile56.447.518.7%51.49.7%199.6199.30.2%Fixed-line2.62.7-3.7%2.48.3%9.912.1-18.2%TAJIKISTAN (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues21.115.635.3%22.2-5.0%78.259.232.1%Mobile16.615.66.4%16.50.6%61.359.23.5%Fixed-line4.5-n/a5.7-21.1%16.9-n/aGEORGIA (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Net operating revenues11.510.212.7%13.0-11.5%46.932.245.7%Mobile11.010.27.8%12.6-12.7%45.332.240.7%Fixed-line0.5-n/a0.425.0%1.6-n/aKYRGYZSTAN (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Mobile net operating revenues30.6-n/a29.34.4%112.9-n/aCIS Adjusted OIBDA in US$KAZAKHSTAN (US$ mln)4Q 104Q 094Q 10/ 4Q 093Q 104Q 10/ 3Q 10201020092010/ 2009Adjusted OIBDA total 184.108.40.206%111.8-11.4%405.1359.512.7%Adjusted OIBDA margin, % 51.2%55.1%56.6%55.1%55.0%ARMENIA (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA total 17.924.1-25.7%22.1-19.0%78.2101.0-22.6%Adjusted OIBDA margin, % 37.7%51.0%45.4%42.9%50.3%UZBEKISTAN (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA total 21.223.0-7.8%21.9-3.2%82.8106.5-22.3%OIBDA Margin, % 35.9%45.8%40.7%39.5%50.4%TAJIKISTAN (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA total10.77.150.7%8.821.6%30.622.635.4%Adjusted OIBDA margin, % 50.7%45.5%39.6%39.1%38.2%GEORGIA (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA total1.90.4375.0%3.5-45.7%8.11.0710.0%Adjusted OIBDA margin, % 16.5%3.9%26.9%17.3%3.1%KYRGYZSTAN (US$ mln)4Q 104Q 094Q 10/4Q 093Q 104Q 10/3Q 10201020092010/2009Adjusted OIBDA Total 15.2-n/a12.224.6%49.7-n/aAdjusted OIBDA margin, % 49.7%41.6%44.0%Attachment E: Definitions Adjusted OIBDA is a non-U.S. GAAP financial measure. Adjusted OIBDA, previously referred to as EBITDA or OIBDA by OJSC VimpelCom, is defined as operating income before depreciation, amortization and impairment loss. Our management uses adjusted OIBDA and adjusted OIBDA margin as supplemental performance measures and believes that adjusted OIBDA and adjusted OIBDA margin provide useful information to investors because they are indicators of the strength and performance of the Company's business operations, including its ability to fund discretionary spending, such as capital expenditures, acquisitions and other investments, as well as indicating its ability to incur and service debt. In addition, the components of adjusted OIBDA include the key revenue and expense items for which the Company's operating managers are responsible and upon which their performance is evaluated. Adjusted OIBDA also assists management and investors by increasing the comparability of the Company's performance against the performance of other telecommunications companies that provide OIBDA or EBITDA (earnings before interest, taxes, depreciation and amortization) information. This increased comparability is achieved by excluding the potentially inconsistent effects between periods or companies of depreciation, amortization and impairment loss, which items may significantly affect operating income between periods. However, our adjusted OIBDA results may not be directly comparable to other companies' reported OIBDA or EBITDA results due to variances and adjustments in the components of OIBDA (including our calculation of adjusted OIBDA) or calculation measures. Additionally, a limitation of adjusted OIBDA's use as a performance measure is that it does not reflect the periodic costs of certain capitalized tangible and intangible assets used in generating revenues or the need to replace capital equipment over time. Reconciliation of adjusted OIBDA to net income, the most directly comparable U.S. GAAP financial measure, is presented in the supplementary file FinancialOperatingQ42010.xls on our website at http://vimpelcom.com/ir/financials/results.wbp except annual amounts presented below in the reconciliation tables section.Adjusted OIBDA margin is a non-U.S. GAAP financial measure. We calculate adjusted OIBDA margin as adjusted OIBDA divided by net operating revenues, expressed as a percentage. Reconciliation of adjusted OIBDA margin to net income as a percentage of net operating revenues, the most directly comparable U.S. GAAP financial measure, is presented in the supplementary file FinancialOperatingQ42010.xls on our website at http://vimpelcom.com/ir/financials/results.wbp except annual amounts presented below in the reconciliation tables section.ARPU (Monthly Average Revenue per User) is calculated by dividing service revenue during the relevant period, including roaming revenue and interconnect revenue, but excluding revenue from connection fees, sales of handsets and accessories and other non-service revenue, by the average number of subscriptions during the period and dividing by the number of months in that period. Broadband subscriptions are the customer contracts that served as a basis for revenue generating activity in the three months prior to the measurement date, as a result of activities including monthly internet access using FTTB, xDSL and WiFi technologies as well as mobile internet access via USB modems using 3G/HSDPA technologies.Capital expenditures (Capex) - purchases of new equipment, new construction, upgrades, software, other long lived assets and related reasonable costs incurred prior to intended use of the non current asset, accounted at the earliest event of advance payment or delivery. Long-lived assets acquired in business combinations are not included in capital expenditures.CIS Geographic Segment for the purpose of VimpelCom's reporting includes our operations in the following countries: Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, Armenia and Georgia. Starting from the second quarter 2010 OJSC VimpelCom's operation in Ukraine was included into a separate reporting segment together with Kyivstar and reported on a pro-forma basis for all periods starting from the first quarter of 2010.Free cash flow is a non-U.S. GAAP financial measure and is calculated as net income plus depreciation and amortization minus capital expenditures for the reported period (a quarter or a year, respectively). The Company believes that free cash flow provides useful information to investors because it is an indicator of our company's operational and financial performance and represents our ability to generate cash to maintain or expand our asset base. The Company also refers to free cash flow in determining its dividends. Free cash flow should not be considered in isolation as an alternative to operating cash flow or any other measure of the company's cash flows management.General and administrative costs (G&A) include salaries and outsourcing costs, including related social contributions required by law; stock price-based compensation expenses; repair and maintenance expenses; rent, including lease payments for base station sites; utilities; other miscellaneous expenses, such as insurance, operating taxes, license fees, and accounting, audit and legal fees.Households passed are households located within buildings, in which indoor installation of all the FTTB equipment necessary to install terminal residential equipment has been completed. SEA Geographic segment ? VimpelCom's operations in South-East Asia, which include operations in Cambodia and VimpelCom's respective equity in net results of operations of its Vietnamese associate entity GTEL-Mobile JSC ("GTEL-Mobile"). Mobile subscriptions are SIM-cards registered in the system as of a measurement date, users of which generated revenue at any time during the three months prior to the measurement date. This includes revenue coming from any incoming and outgoing calls, subscription fee accruals, debits related to service, outgoing SMS, Multimedia Messaging Service (referred to as MMS), data transmission and receipt sessions, but does not include incoming SMS and MMS sent by VimpelCom or abandoned calls. VimpelCom's total number of mobile subscriptions also includes SIM-cards for use of mobile Internet service via USB modems.Mobile services are wireless voice and data transmission services excluding WiFi.MOU (Monthly Average Minutes of Use per User) is calculated by dividing the total number of minutes of usage for incoming and outgoing calls during the relevant period (excluding guest roamers) by the average number of mobile subscriptions during the period and dividing by the number of months in that period.Net debt is a non-U.S. GAAP financial measure and is calculated as the sum of interest bearing long-term debt and short-term debt minus cash and cash equivalents and long-term and short-term deposits. The Company believes that net debt provides useful information to investors because it shows the amount of debt outstanding to be paid after using available cash and cash equivalent and long-term and short-term deposits. Net debt should not be considered in isolation as an alternative to long-term debt and short-term debt, or any other measure of the company financial position. Reconciliation of net debt to long-term debt and short-term debt, the most directly comparable U.S. GAAP financial measures, is presented below in the reconciliation tables section.Reportable segments ? The Company identified Russia mobile, Russia fixed-line, CIS, Ukraine and All other reporting segments based on the business activities in different geographical areas. Although Georgia is no longer a member of the CIS, consistent with VimpelCom's historic reporting practice VimpelCom continues to include Georgia in its CIS reporting segment. Mobile lines primarily include activities for the providing of wireless telecommunication services to the Company's subscribers and other operators; fixed-line primarily includes all activities for providing wireline telecommunication services, broadband and consumer Internet. Intersegment revenues are eliminated in consolidation.ROCE is a non-U.S. GAAP financial measure and is calculated as operating income for the last twelve months divided by the sum of net debt, total equity and redeemable noncontrolling interest calculated as an average of the quarter-end balances for the last four quarters. The Company believes that ROCE (return on capital employed) provides useful information to management of our company and investors because it is an indicator of our company's operational performance and represents a return on employed capital at the end of each reported period. Calculation of ROCE on the basis of U.S. GAAP financial measures is presented in the reconciliation tables section below (Attachment B).ROIC is a non-U.S. GAAP financial measure and is calculated as operating income for the last twelve months divided by the sum of property and equipment, licenses, intangible assets, goodwill, software and frequency permissions as reflected on the balance sheet as of the end of the period. The Company believes that ROIC (return on invested capital) provides useful information to management of our company because it is an indicator of our company's operational performance and provides a useful indication of how profitably our company used its resources in each reportable segment over the reported period. Calculation of ROIC on the basis of U.S. GAAP financial measures is presented below in the reconciliation tables section below (Attachment B).Sales and marketing costs (S&M) include marketing, advertising and dealer commissions expenses.Ukraine segment ? Due to change in the reporting structure of VimpelCom and in line with intentions made public by the Company in the previous quarter, Ukraine was considered to be a separate reporting segment apart from the CIS and includes the operations of VimpelCom's indirect Ukrainian subsidiaries Closed Joint Stock Company "Ukrainian Radio Systems" ("URS") and "Golden Telecom" Limited Liability Company ("GT LLC")), as well as Kyivstar.VAS (value added services) includes short messages ("SMS"), multimedia messages ("MMS"), caller number identification, call waiting, data transmission, mobile Internet, downloadable content and other services.Voice revenue ? for the purpose of press-release voice revenue includes voice revenue generated by our subscribers, roaming revenues generated by our subscribers and guest roamers and interconnect revenue. In our annual report and annual report on Form 20-F we report each of these types of revenues separately.SOURCE VimpelCom Ltd.For further information: Alexey Subbotin, VimpelCom, +31 20 79 77 200 (Amsterdam), +7 495 9545888 (Moscow), email@example.com, or Mateo Millett, FD, +1-617 897-1533, firstname.lastname@example.com


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It's a sunny afternoon in Omaha—a great day for teens on summer break to be outside.
But high schoolers Okina Tran of Millard South High School and Katie Nguyen of Burke High School are working inside the darkened Aksarben offices of game developer, SkyVu Entertainment.
And they're excited about it.

subset: commoncrawl


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Billy Joel Got Surprise Married at His Fourth of July Party
On Saturday, piano man Billy Joel was in a marrying state of mind. »
On Saturday, piano man Billy Joel was in a marrying state of mind. »
Don't forget: You can email us tips at firstname.lastname@example.com, call them in at 646-470-4295, send them directly to any of our writers, or use our anonymous SecureDrop system. And like us on Facebook here! »
In honor of Independence Day, we will now relay an independent thought Kristin Cavallari once had about politics. »
Long-lost Gawker darling Melissa Berkelhammer has been evicted from her Fifth Avenue apartment, the New York Post reports, after being arrested on shoplifting charges in May. "I'm convinced that you all won't be happy until I'm dead," Berkelhammer recently wrote on Facebook. How the mighty have fallen! »
The owners of Sweet Cakes by Melissa, the Oregon bakery that refused to bake a wedding cake for a lesbian couple, has been ordered to pay $135,000 in damages. According to the Associated Press, the damages were ordered by Oregon's bureau of labor and industries for the "emotional suffering" caused by the bakeries… »
In 2011, Sarah Jessica Parker and Matthew Broderick purchased a 150-year-old townhouse in Greenwich Village for $18,995,000. Last week, they sold the home for $18,250,000—a loss of $745,000, plus however much they invested in restoring and refurbishing the place. Whoops! »
Here is a video montage showing only the fights from the first episode of the ABC reboot of BattleBots. Why not!http://gizmodo.com/battlebots-is-... »
With the release of yet another time travel movie this week (Terminator Genisys), it's time for us to look back at the great time travel movies of our past. Here are all the major time travel movies ever, ranked. »
A new video, reportedly released by ISIS, appears to show 25 soldiers being executed at the amphitheater in Palmyra, Syria. The men's executioners look to be boys in their teens. The video has not yet been independently verified. »
Summer is in full swing, which means it's time to head outside for some fun in the sun. And you know what that means: hamburgers, hot dogs, watermelon, and more.
"The European financial system was architected to make lending to Greece — and Spain and Portugal and Italy — a money machine for bankers... [who] understood perfectly well that there was in fact a long-term risk, an uncertainty, a constructive ambiguity." Gosh, this all sounds awfully familiar. »
My mama is 79. Wednesday night is her bible study. Just like Ms. Ethel Lee Lance, mama has her circle of church going elders—black women in their 60s, 70s, and 80s for whom church is home. Maybe even safer than home. Their pain was safe in the hands of this particular Jesus. Unshed tears from the Middle Passage were… »
Here, wise words from modernist writer and literary badass Virginia Woolf: "One cannot think well, love well, sleep well, if one has not dined well." May your Independence Day, and all the days that follow, be full of beer and endless barbecue. Happy 4th! »
According to a report citing Star magazine, Tom Cruise may be considering leaving the Church of Scientology, of which he has been the most visible devotee for many years. The actor's alleged crisis of faith comes, apparently, after a phone call with his daughter Suri.
http://gawker.com/5002269/the-cr... »
The San Bernardino County Sheriff's Department is investigating the death of Christian Siqueiros, who died in police custody on Thursday, NBC Los Angeles reports. Siqueiros was arrested after the Montclair Police Department received a disturbance report from someone in his former apartment building. »
"Officer Otero thought his participation would help show the boys that officers were human, too, but he said he ended up learning more than he expected." Happy to hear it, Officer Otero. »
An Airbnb host catered to horny hooligans with a listing referred to as a "Hollywood Hills Camping Retreat." For only $35, renters could stay in a tent on a Hollywood Hills lot to engage in all kinds of debauchery, according to annoyed neighbors. Local residents complained of all the strange sexin' going up in them… »
On Saturday, police in the Philippines said that they had filed murder complaints against the owner, captain, and crew of a ferry that capsized off Ormoc City this week, the Associated Press reports. The local prosecutor will review the complaints and decide whether to file charges.http://gawker.com/at-least-50-de... »
No. 1 seed Serena Williams squeaked by unranked Heather Watson 6-2. 4-6, 7-5 in the third round of Wimbledon on Friday. Williams survived after falling behind 3-0 in the third and decisive set, rallying to win and set up a battle with her sister Venus in the next round. »
As a U.S. American, just how terrified should you be this weekend about terrorism? "The vigilance surrounding this year's celebration carries added weight," according to NBC News. "The reason is ISIS." Uh oh! Pretty terrified, it sounds like. »


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April 4, 2012
If you love creating salads as your main meal, this recipe is perfect! Try Buffalo Chicken Salad With Light Ranch Dressing, by Foodista member: Kristi Rimkus. Her recipes are always delicious, and this was no exception. Thanks, Kristi!
Buffalo Chicken Salad With Light Ranch Dressing
For more delicious recipes, see:
Mint and Basil Herb Salad With Garlic Dressing
Mexican Fiesta Salad With Cilantro Garlic Dressing
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Shinee World (concert)
|Shinee World
The official poster of the tour
|Asia tour by Shinee
|Associated album
|Replay, Shinee World, Romeo, 2009, Year Of Us, Lucifer
|Start date
|December 26, 2010
|End date
|November 25, 2011
|5 in Japan
2 in South Korea
1 in Taiwan
1 in China,
1 in Singapore
10 in total
|Shinee concert chronology
Shinee World (promoted as SHINee THE 1ST CONCERT "SHINee WORLD") is the first independent concert tour by South Korean boy group, Shinee. The tour kicked off in Tokyo on December 26, 2010 and ended in Osaka on November 25, 2011, with a total of 10 concerts in 7 cities.[1]
The photobook of this concert, Shinee The 1st Concert "Shinee World" Photobook released on December 26, 2010[2] and a live DVD, Shinee The 1st Concert in Japan "Shinee World" was filmed from their concert in Tokyo and Nagoya released on January 1, 2012, followed a live album, Shinee The 1st Concert Album "Shinee World", of the concert held in Seoul released on February 1, 2012.
The concert was originally scheduled for the December 26, 2010 at 6PM, but due to over 100,000 crowded fans that joined the month-long ticket event, they had to put out another concert at 1PM.[3] SM Entertainment put out an official statement saying,
|Shinee's first Japanese concert did so outstandingly well that we sold out two concerts.[4]
The concert took place at Yoyogi National Gymnasium, with both concerts sold out, the total audience of both the performances together was approximately 24,000, they sang over sixty songs.[5] They also revealed the music video for their next ballad single, "Quasimodo", from their second album, Lucifer.[6]
The group also announced that they will make their official debut in Japan in March 2011 under the label of EMI Music Japan. It was later revealed on their official Japanese website that the concert will air on Fuji TV on February 27, 2011, from 7:00 pm to 9:00 pm.[7]
On January 1, 2011, on the start of the new year, the group displayed the same set of performances in the concert at Olympic Gymnastics Arena in Seoul, South Korea.[8] The concert, previously scheduled to be held at the KBS 88 Gymnasium on December 18 and 19, 2010. But On November 19, 2010, it was reported recently that their solo concert have a new date and location. SM Entertainment revealed,
|It has been decided that Shinee will have a concert on January 1 and 2 at Olympic Gymnastics Arena to accommodate fans from both Korea and Asia, due to an explosive interest in the concert.[9]
On January 2, 2011, before the second running of the concert in Seoul, Shinee held a press conference. The group answered many questions related to their future plans and also reflected on their success in 2010.[10]
On May 26, 2011, it was confirmed that Shinee will be holding a concert in Taipei, Taiwan. 10,000 tickets were made available on June 4, 2011, and were sold out within an hour.[11] On July 16, 2011, the boy band held their first concert in Taipei at Taipei Arena. R&B singer and fellow labelmate Zhang Liyin appeared as a special guest and sang a duet with Jonghyun.
On August 20, 2011, Shinee also performed in a concert in Nanjing, China at Nanjing Olympic Sports Center Gymnasium. On September 23, 2011, SM Entertainment released a video highlighting the concert in Nanjing.[12]
It was revealed in July 12, 2011, that the group will visit hold its next concert in Singapore at Singapore Indoor Stadium on September 10, 2011. The production cost for the concert was revealed to be around $1.7 million. Online ticket reservations began on July 31, 2011 and within 45 minutes, all tickets were sold out.[13]
Shinee also performed in a concert at Nippon Gaishi Hall in Nagoya, Japan on October 27, 2011.[14] Live recordings of performances from the concert were released as a live album, Shinee The 1st Concert In Japan "Shinee World", on January 12, 2011.
Sankei Sports reported that over 18,000 people attended the concerts held on the November 24 and 25, 2011 in Osaka.[15]
1st Set: Intro
- "The Shinee World (Doo-Bop)"
- "Senorita"
- "Get Down"
- "A.Mi.Go (Amigo)" (Rock Remix ver.)
- "Juliette"
- "Stand By Me"
- "Your Name"
- "Love Still Goes On"
- "Hello"
2nd Set: Solo Stages
- "Girls" – Jonghyun
- "OMG" – Minho
- "My First Kiss" – Key with f(x)'s Krystal (Tokyo and Seoul), now with Taemin
- "Romeo + Juliette" – Taemin
3rd Set: Sweet Serenades
- "A-Yo"
- "Romantic"
- "Life"
- "Quasimodo"
- "Love Like Oxygen"
- "Replay"
- "Obsession"
- "Graze"
- "Nessun Dorma" – Onew
Final Set:
- "Ring Ding Dong" (Remix ver.)
- "Up and Down"
- "Ready or Not"
- "Lucifer" (Remix ver.)
- "Jo Jo"
- "Bodyguard"
- "One"
|Special guests
|December 26, 2010
*1st show: 1pm
*2nd show: 6pm
|Yoyogi National Gymnasium
|Krystal (duet with Key)
|January 1, 2011
|South Korea
|Olympic Gymnastics Arena
|January 2, 2011
|Krystal (duet with Key)
Simon D (duet with Minho)
|July 16, 2011
|Taipei Arena
|Zhang Liyin (duet with Jonghyun)
|August 20, 2011
|Nanjing Olympic Sports Center Gymnasium
|September 10, 2011
|Singapore Indoor Stadium
|October 27, 2011
|Nippon Gaishi Hall
|November 24, 2011
|Osaka-Jo Hall
|November 25, 2011
- ^ "SHINee will hold a special concert at the end of concert between Korea and Japan.". Korea Star Daily. November 25, 2010. Retrieved January 19, 2011.
- ^ SHINee The First Concert 'SHINee World' Photobook ~ Daily K Pop News
- ^ "SHINee's Japanese website crashes moments after opening". allkpop.com. January 3, 2011. Retrieved January 4, 2011.
- ^ "Sold out SHINee concert leads to additional show". allkpop.com. November 17, 2010. Retrieved December 2, 2010.
- ^ "SHINee concert a big success in Japan next year, will officially enter the Japanese music scene". gz163.cn. December 27, 2010. Retrieved January 19, 2011.
- ^ "SHINee reveals 'Quasimodo' MV at Tokyo concert!". allkpop.com. December 27, 2010. Retrieved December 2, 2011.
- ^ "SHINee's 'THE 1st CONCERT in TOKYO' "SHINee World" to air in February". allkpop.com. December 27, 2010. Retrieved December 2, 2011.
- ^ "SHINee sparkles at first concert". Korea Times. January 3, 2011. Retrieved January 19, 2011.
- ^ "SHINee's solo concert gets a new venue due to explosive interest". Korea Times. November 18, 2010. Retrieved November 19, 2010.
- ^ "SHINee holds press conference before second running of "SHINee World"". allkpop.com. January 2, 2011. Retrieved December 2, 2011.
- ^ "BEAST and SHINee sell out their events in Taiwan". koreaboo.com. June 5, 2011. Retrieved July 18, 2011.
- ^ "SHINee 샤이니 'SHINee World' in Nanjing, China Highlights". SM Entertainment. YouTube. September 23, 2011. Retrieved September 23, 2011.
- ^ "SHINee successfully completes their solo concert in Singapore". allkpop.com. September 11, 2011. Retrieved September 11, 2011.
- ^ "Shinee fans crash U.K. ticket site". koreaherald.com. The Korea Herald. October 31, 2011. Retrieved November 9, 2011.
- ^ "SHINee wraps up a successful concert in Japan". allkpop.com. November 26, 2011. Retrieved November 26, 2011.


text:
'Cupcake Girls' bring strippers friendship, baked goods
A local group is touring the strip clubs of Portland, but not for any of the usual reasons.
A local group is touring the strip clubs of Portland, but not for any of the usual reasons.
Officials say at least 16 people were killed in attacks across Iraq on Saturday.
A homeowner tackled a would-be burglar in his West Linn home.
Deborah Durnell wants to learn exactly why a hillside gave way and what government officials knew about risks.
Dad arrested at softball game in Lake Oswego after allegedly trying to strangle his daughter.
Ride through Portland's little-traveled alleyways was widely criticized by neighbors, but legal.
The Portland Pit Bull Project paid tribute to fallen K-9 officer 'Mick' Saturday.
The man suspected of killing a Portland Police Bureau K-9 officer is out of the hospital, and in custody.
One man is in custody after a high-speed chase, a car crash and a K-9 trackdown during the early hours of Saturday morning.
About 20 sea lions were near the dam as chinook salmon started spawning.


text:
About Us Philosophy Eyespot is working to create a mutually beneficial ecosystem of website publishers, content providers, and advertisers. In the increasingly competitive online world, these stakeholders face real problems: website publishers need differentiators to drive signups and retention, content providers need engaging interactive campaigns to drive discovery and sales, and advertisers need immersive online experiences to drive brand awareness. By putting creative tools and rights-cleared media into the hands of influencers and connectors, Eyespot enables social media and participation culture like no other company. Enabling influencers and connectors in turn leads to the creation of content that attracts legions of viewers, thereby completing the ecosystem that benefits all parties. Technology Eyespot provides video editing and sharing software that can be easily embedded in any website. Unlike other video editing solutions, Eyespot technology is easy-to-use, intuitive, and accessible for all end-users. Our solution includes next generation video sharing technology, enabling users to share not only via email and embed codes but also to mobile phones, portable players, and other connected devices. Eyespot content screening technology employs audio, video, and text filtering techniques to protect website publishers against copyright of its content. As part of our turn-key solution, our filtering technology protects brands while maximizing monetization opportunities. Eyespot's ad insertion and product placement technologies complete our turn-key solution. By providing contextual advertisements as an information service rather than as intrusive annoyances, the Eyespot platform brings audiences together with advertisers and content owners in unprecedented ways. Background Eyespot was founded in 2005 when David Dudas and Jim Kaskade naively tried to edit some video. Frustrated by arcane software, rampantly incompatible devices, and a lot of wasted time, they knew there had to be a better way. Thus, Eyespot was born. Based in San Diego with satellite offices in Seattle and New York, Eyespot is a venture backed technology and new media company. Our executive team and staff have extensive experience in music, digital media, enterprise software, and data mining with companies such as MP3.com, Universal Music Group, Sub Pop Records, and Teradata.
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text:
It's out in a couple of days and I still have no idea what genre it is. It's kind of hard to get excited for a game when I don't know anything about it. Should I be?
So uh... What on Earth is this?
@Shaunage: I know a website about video games called Giant Bomb.
- Forum Posts: 2032
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From what I've seen of the game, it's a generic space FPS with too many scripted events with Aliens trappings.
Maybe I'm being negative. I personally am not excited for it because of the direction it went in.
@Sticky_Pennies: There are plenty of threads on this and some where even long periods of gameplay from the start of the game has been posted so I don't know what else to tell to this gentleman, other than that as a fan of the IP, I can confirm that the game does suck, and that he should not buy it for a full retail price.
All I know about the game is the YEARS of it being advertised at my local GameStop, and the commercial for it displaying some really poor facial animations. It just looks like a bad game.
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Hell if I'd know.
PLEASE?! Does it have 8-bit graphics, too? Oh boy, I'm much more excited about it suddenly.
Turn based isometric dance sim, based on the hit film "Ghost Dad".
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Something you should stay for away from.
- Forum Posts: 5136
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@mcderby4 said:
Wow, lot's of negativity rolling around.
Don't worry, I'm sure they've all played the game.
- Forum Posts: 1444
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- Followed by: 43
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I really hope it turns out to be all right. We will see. Fingers crossed
Personally, I don't understand how someone can fully dictate how a game will turn out without playing it at all. Yes, I understand that there was a livestream, but watching and playing a game are two entirely different things. Even if I'm a massive fan of a series, I still cannot stand watching footage of someone else play a game. I find it utterly boring no matter what the game may be.
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Originally, it was going to be a squad-based FPS.
It's now looking more like a standard FPS from what IGN's stream indicated- at least for the single player.
Keep in mind, there still is drop-in/drop-out co-op for up to 4 players (And 2 player split screen). But from what I've heard- AI squadmates were ditched a while back in development. (May very well be for the best- if the NPC's skating movement shown off in the IGN stream was any sign)
Who knows- it may surprise us with above-average enemy AI and/or better gameplay than what we've seen so far (ESPECIALLY from the IGN stream). But what we DO know is that at the very least, the graphics of this game really showcase how rough and lengthy this game's development was. (It graphically looks noticeably worse than AvP 2010- unfortunately)
@Aetheldod said:
@Sticky_Pennies: So it is as I feared :( somehow I tought it would go the route of say Stalker or Farcy 2/3 ... a shame
Yeah... Not sure where you got that impression. :(
To my knowledge, unless I've missed something, even in its early stages Colonial Marines never went in that direction- it was going to be linear with an emphasis on squad-based tactics (Until again, AI squadmates were supposedly ditched).
Sadly, suffice to say- I will not be terribly surprised if the campaign is not balanced for single player and is only really playable in co-op.
@MariachiMacabre said:
All I know about the game is the YEARS of it being advertised at my local GameStop, and the commercial for it displaying some really poor facial animations. It just looks like a bad game.
If the IGN stream was any sign- its not just the facial animations that are laughable. :(
Human character movement- both in the cutscenes and of NPCs in-game- looks absolutely horrific.
- Forum Posts: 631
- Wiki Points: 19
- Followed by: 8
- Reviews: 0 Lists: 1
It looks alright... I'm getting it at Game in UK for £20 if you trade in Hitman: Absolution ... So worth it.
@WarlockEngineerMoreDakka said:
But from what I've heard- AI squadmates were ditched a while back in development. (May very well be for the best- if the NPC's skating movement shown off in the IGN stream was any sign)
is it safe to assume that squad AI will never improve to the stage where you can actually depend on your dudes to follow orders and not be stupid?
man i loved the hell out of the first two brothers in arms games, and foresaw a bright future for shooters. i had similar feelings playing star wars battlefront, r.i.p.
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@HH said:
man i loved the hell out of the first two brothers in arms games, and foresaw a bright future for shooters. i had similar feelings playing star wars battlefront, r.i.p.
I really dug Hell's Highway too. Shame we didn't get more entries as the tactical shooter has gone badly neglected. I also really thought there was a ton of potential in multiplayer w the AI squad commands.
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It's a bug hunt game. Kind of like Pokemon but with xenomorphs who eat their trainers.
Having played the game I can say it's not that bad, unfortunately I do see it scoring badly in reviews because the campaign seems to be quite short. I've tried the multiplayer and that was fun, Team Deathmatch was actually quite well balanced but that might be because the game is new. If you don't pick it up now I'd recommend giving it a go when it drops in price.
This edit will also create new pages on Giant Bomb for:Beware, you are proposing to add brand new pages to the wiki along with your edits. Make sure this is what you intended. This will likely increase the time it takes for your changes to go live.
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text:
Stoke Sentinel list all of the hostels in Staffordshire. If you are looking for hostels in the local area then you can find a good business and deal with Stoke Sentinel!
Why not list your Staffordshire business on Stoke Sentinel?
Address: 111 Waterloo Road, , STOKE ON TRENT, ST6 2EN
Address: Card Street, , STOKE-ON-TRENT, ST6 3BP
Address: 90 Hope Street, , STOKE-ON-TRENT, ST1 5BY


text:
Loss of synapses in the inner ear is hard to measure and causes permanent damage to our hearing health.
Hearing loss helped transform an educational administrator's career path.
Two locations in Las Vegas and one in Pahrump specialize in hearing devices, amplifications and their accessories.
If you think you might be experiencing hearing loss, try our online hearing test to gauge your hearing ability.
Women are less likely to report hearing loss, which can lead to depression, cardiovascular disease and loss of income.
Cochlear implants may help individuals with asymmetrical hearing loss
An interior decorator from Austin, Texas, shares how hearing aids have improved her life and helped her communicate with her clients.
A history of helping the hearing impaired along with first-hand knowledge of hearing loss creates a family legacy in Port Huron.
Hearing aids are good for you, but bad for your animals. Proper storage will keep them and your pet in the best shape possible!
Healthy Hearing's online hearing test is LIVE beginning May 5.
Regardless of the outcome, online hearing tests are not a substitute for examination by a hearing health professional.
In celebration of Better Hearing Month, Healthy Hearing is launching our own online hearing check.
A strong sense of community spirit and broad spectrum of experience provide excellent hearing healthcare in Tamarac and Coral Springs.
If you suffer from a constant ringing in your ears, you're not crazy. Tinnitus is a condition that affects millions of Americans and can often be treated.
Music industry professionals and the fans who love them should make special efforts to protect their hearing health.
Study discovers school-based hearing tests may need to be modified to best screen adolescents.
Many false beliefs keep people from seeking out proper treatment for their hearing loss. Not everything you assume is true.
Service-oriented hearing center focuses on establishing patient relationships and community awareness of hearing conservation.
You only have two ears, so you should make sure to give them proper protection.
Modern science can't restore your hearing like they can your eyesight - but they're awfully close.
Hearing Our Way magazine helps connect kids with hearing loss, as well as educate friends and family.
Single-sided deafness and its potential causes and effects.
Nonprofit organization serves the needs of the hearing impaired in New York City regardless of their ability to pay.
A look at a rare condition that causes "hearing holes."
Elisabeth Kubler-Ross' five stages of grief apply to individuals dealing with hearing loss.
245 US HWY 22 W 3rd fl
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text:
Your holiday gift makes a world of difference to the children and families we serve year-round. When you make an online donation, your tax-deductible gift will be immediately put to work so we can continue training and retaining the best and brightest medical personnel, pursue innovative treatment and research and provide the very highest level of care to children.
Donate now at CHLA.org/DONATE.
This holiday season, honor your family and friends by making a tribute gift* in their name to Children's Hospital Los Angeles.
Your request must reach us by December 16th for timely delivery.
Patient art is created each year through the Mark Taper-Johnny Mercer Artists In Residence Program. Holiday cards featuring this artwork can be purchased online. Browse the greeting card options or make a holiday purchase.
The hospital delivers toys to lift the spirits of patients, made possible through individual donations and community toy drives. Call 323-361-2371 to schedule a time to deliver your donation or to coordinate a toy drive. There are many ways to donate toys. Please find out more on our Toy Donation page.
Members of the social work staff consistently identify families of patients in need during the holidays. These families often have chronically ill or injured children receiving care at Children's Hospital Los Angeles. To sponsor holiday gifts for one of these families, please visit Holidays from the Heart.
As the winter holidays focus on gift-purchasing activities and fun with family and friends, the blood banks become very low at Children's Hospital. A blood transfusion or platelet donation can save a life and make a significant contribution to patients this holiday season. Make an appointment to donate blood.
Call our Donor Services department at 323-361-3850 to make a gift over the phone.
Children's Hospital Los Angeles Foundation
4650 Sunset Blvd., MS#29
Los Angeles, CA 90027


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Exercise and Aging
Raymond Francis, author of "Never Be Sick Again," states exercise prevents disease by promoting efficient nutrient delivery to the cells and stimulates the lymphatic system, which is vital for removing toxins from cells. One study shows inactive people are twice … Continue reading
Posted in Exercise, Healthy Living Tagged aging, Alzheimer's, blood pressure, depression, geriatrics, lymphatic system, safe aerobic exercise, stretching, stroke, Type 2 Diabetes Leave a comment


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NBC Sports Kicks Off 2013 RUGBY SEVENS Coverage This Saturday, 2/2
NBC Sports Network will kick off its 2013 Rugby Sevens telecast season with two hours of coverage of the Hertz Sevens tournament this Saturday at 5 p.m. ET, from Westpac Stadium in Wellington, New Zealand. Coverage will include full matches as well as highlights from the two-day tournament.
The Hertz Sevens tournament in New Zealand is the fourth of nine stops on the 2012-13 HSBC Sevens World Series. One of the premier Rugby Sevens events in the world, the Hertz Sevens will feature the USA Eagles and 15 other national teams competing to gain points in the Sevens World Series standings.
Played on the same size field as traditional 15-player rugby, Sevens Rugby is played with just seven players per team. Matches have seven minute halves, with two minute intervals for pool and knock-out matches.
Veteran announcer Bill Seward will serve as the play-by-play announcer for the telecast. Seward will be joined in the booth by former USA Sevens captain and USA Rugby World Cup participant Brian Hightower.
NBC and NBC Sports Network is the domestic television home of the HSBC Sevens World Series tour. In 2013, NBC, the NBC Sports Network and Universal Sports will combine to televise more than 25 hours of HSBC Rugby Sevens coverage from New Zealand, China, Japan, Scotland, England and the United States. On February 9-10, NBC and NBC Sports Network will telecast more than 11 hours of live coverage of next week's USA Sevens Vegas Tournament in Las Vegas, Nev.
The NBC Sports Group is also the exclusive home of USA Sevens Vegas and the Collegiate Rugby Championship. NBC and NBC Sports Network will telecast seven hours of collegiate Rugby Sevens action from the Collegiate Rugby Sevens Championships in Philadelphia, PA., on June 1-2. The Collegiate Rugby Championship is a joint collaboration between the NBC Sports Group and USA Sevens LLC.
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May 27, 2015
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- CNBC to Air THE MAKING OF DIG, the USA Network Event Series, 3/1
- NBC to Air One-Hour Season Finale of CHRISTINA MILIAN TURNED UP, 3/1
- NBC Universo to Present ROMEO SANTOS DESDE VINA Concert Exclusive, 3/1
- Kelly Clarkson to Visit CBS SUNDAY MORNING, 3/1
- VIDEO: Clark Gregg Teases New AGENTS OF S.H.I.E.L.D. Season Using Emojis
- Dakota Johnson to Host SNL Tonight; Alabama Shakes to Perform
- NBC Sports to Air Coverage of U.S. GRAND PRIX FROM PARK CITY
- Discovery Family to Premiere New Episodes of TRANSFORMERS RESCUE BOTS, Today
- Telemundo to Present FUTBOL ESTELAR: LEON VS SANTOS, Today
- Telemundo to Give Viewers Sneak Peek at Upcoming Programming on LO NUEVO, Today


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Ideas In Action with Jim Glassman
Bringing Better Health Care to Women In AfricaSeries Website »
Episode Guide »
A program taped during the Global Health Care Conference held in Washington in September, 2011.
Vermont PBS educates, informs, entertains and inspires Vermonters to be lifelong learners and engaged in their community.
Original series, specials, documentaries and web shows produced by Vermont PBS
Learn about our second HD broadcast service offering alternative programming and more content from local and regional producers.
Our weekly email newsletter highlighting upcoming shows and important station news. Sign up today!
Vermont PBS Announces First Recipient of Public Media Ambassador Award


text: https://bbs.archlinux.org – @TrilbyThanks very much for clarifying your earlier comments.@ioosI like screen a lot although I have stopped using it since I switched to linux. That said, I've not used tmux. Just screen is definitely very nice and it does become second nature. (And I only every used a tiny, tiny fraction of what I know it can do.)I always liked alpine but I have also stopped using that since switching to linux. I still prefer it to thunderbird (which is what I'm using now), though. Just I can't get it to work as smoothly under linux as I could before switching.Thinking about this has made me (HowTos)


text:
Hada Brillante is a Hot Mama and Our Babe of the Day
Hada Brillante is one hot mama. The native Ecuadorian is back in the modeling biz after giving birth to her son.
Hada Brillante is one hot mama. The native Ecuadorian is back in the modeling biz after giving birth to her son.
Nicole Mc Quillan must have the luck of the Irish, because she's our Babe of the Day. Nicole is a 19-year-old model who hails from Dublin, Ireland.
Your search for the perfect woman might be over.
Selene Palavecino, a smoking hot model based out of Buenos Aires, Argentina, could certainly make you cry for her.
Keeley Hazell is a model and actress that has appeared on the pages of Maxim, FHM and as a Page 3 girl in the UK.
Emilija Baranac, who is only 18 years old and still in school, is just starting out in the modeling world. The hottie calls British Columbia, Canada home and studies Psychology.
I would have said yes! If I was single of course. She's hot! Most guys would say yes because that actually never happens to us. However half of the guys she asked said no...
Jasmin Dee is proud of her curvy figure -- as she should be. What's not to like about a 22-year-old with legs for days and busty D-cup?
Jennifer Martniez confused us with the spelling of her name. There was no confusing this fact though -- she was the winner of the Babe of the Week voting.
The Egypt-born Amina Ashraf, like her neighboring pyramids, is too a wonder of the world. The sexy Amina is still pursuing a modeling career in Cairo despite the tumultuous political atmosphere -- so mad props to her
Adult film star Charisma Cappelli came by the FMX studio to hang out with Rooster for a little bit and if you are wondering what she is doing in town you can check out some details here.


text:
Sr. Officer, Compliance (Front Office) - Western Union (Tampa, FL) in Tampa, Florida For Sale
Type: Labor, For Sale - Private.
Title: Sr. Officer, Compliance (Front Office)
Location: null
Other Locations: null
We didn't become the worldwide leader in money movement services overnight. The employees of Western Union have been the backbone of our innovative spirit-and continued success-since our beginnings in xxxx. And it's a proud tradition that continues today with the next dedicated, enterprising individual that joins our team-hopefully, you.
Right now, we are seeking aSenior Officer, Compliance (Front Office). In this role you will provide AML Compliance support to agents of Western Union and its affiliates to build programs that are in compliance with the Bank Secrecy Act, USA Patriot Act, and other anti-money laundering laws as they apply to Money Services Businesses. In addition to standard program reviews, the Sr. Compliance Officer will be assigned program reviews that are more complex in nature and non-routine including referrals from agent risk management, requiring more advanced analysis, reasoning and judgment skills.
In addition, you will:
* Support agents' efforts to comply with company policies and procedures as they relate to anti-money laundering
* Evaluate internal controls and anti-money laundering compliance programs for agents through transaction analyses, compliance reviews and training sessions
* Follow up with agents concerning review findings
* Ability to travel 50%
* Fluency in Spanish
* Certified Anti-Money Laundering Specialist or equivalent
* Banking experience preferred
* 4-6 years of experience in compliance, auditing, risk mgmt. or banking with a minimum of 3 years' experience in BSA Compliance
* Excellent written and verbal communication and training presentation skills
* Very strong analytical and problem solving skills
* Proven ability to analyze, utilize industry standards and employ sound judgment to draw conclusions regarding the status of an agent's compliance program
* Excellent multi-tasking ability
* Highly developed and demonstrated interpersonal and customer service skills
* Good knowledge of Microsoft applications and Lotus Notes
* Four year degree preferred
Source: http://www.jobs2careers.com/click.php?id=xxxxxxxx4.96
Labor in Florida for sale
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IKONICS added to Russsell Microcap Index
Duluth-based IKONICS Corp. (IKNX) announced it will be added to the Russell Microcap Index at the close of the market on June 28. The index measures the performance of the microcap segment of the U.S. equity market.
"Inclusion in this index is a testament to our traditional business and the recent expansion of Ikonics into the aerospace and automotive industries where our proprietary technologies create significant value for our customers," CEO Bill Ulland said in the announcement. "We believe that the inclusion in the Russell index will expand our visibility to a broad range of institutional buyers, and we are gratified that Ikonics has gained this additional opportunity for recognition within the investment community."
Microcap stocks consist of the smallest 1,000 securities in the small-cap Russell 2000 Index, plus the next 1,000 eligible securities, based on a ranking of all U.S. equities by market capitalization. Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indices and funds.Previous Daily Briefing Articles:
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Put Money Where Your School Choice Mouth Is
(Originally published by U.S. News & World Report)
One of the outcomes from last week's midterm elections was the success of school choice. According to the American Federation for Children, "the 2014 midterm elections will go down in history as the election cycle in which parents rose up in support of educational choice." Despite more than $80 million dollars of expenditures by the teachers' unions, choice advocates saw supportive governors re-elected in states such as Florida, Ohio and Wisconsin, and newly elected in Massachusetts, Illinois and Maryland.
Never before has there been more momentum behind efforts to expand school choice – a reform that places parents in charge of their child's education. This presents both an opportunity and a challenge for Republicans at the federal level. On one hand, congressional Republicans generally support efforts to give parents more authority to decide which school their child will attend. On the other hand, many Republicans oppose federal investments and mandates in education as a violation of their principles of spending restraint and local control of education….Read more here.