| Element Leasing Financial Highlights (Audited to International Financial Reporting Standards) |
| |
31.12.2006 |
31.12.2007 |
31.12.2008 |
30.09.2009 |
| Assets, mln rubles |
3 000 |
5 476 |
6 224 |
3 959 |
| Net profit, mln rubles |
49 |
48 |
65 |
(7) |
| Existing contracts, quantity |
6 555 |
10 007 |
10 451 |
6 896 |
Element Leasing was established in 2004 and is one of Russia's top three leasing companies in its segment. An extensive regional network and technologies enable the company to serve clients in any Russian city. Financing the acquisition of automobiles made by the GAZ Group is one of the company's main lines of business.
The company specializes in leasing services for organizations, SMEs and larger companies in need of quick financial solutions. Element Leasing provides unique financial products which speed the decision-making process regarding transactions up to a little as one day.
The main partners are GAZ Commercial Vehicles, Russian Buses Central Trading House, Spetstekhnika - GAZ Group, GAZ Group - Goods Vehicles, Heidelberg CIS, Ingosstrakh, Sberbank, Bank Soyuz and MDM Bank.
Element Leasing became the first Basic Element company to receive an European Bank for Reconstruction and Development (EBRD) loan in 2007; and, in November 2009, one of the sector's first companies in the post-crisis period to obtain a Sberbank loan of 1.2 billion rubles. The company preserved its Standard & Poor's rating of "B-", assigned in 2008, despite the crisis.
Element Leasing has more than 300 employees.
|
28.06.2010
