Russian lessor VTB Leasing has announced its unaudited financial
results as of 31 March, 2010.

Revenue generated by core operations totalled 2.7 billion rubles
(€70.6 million) in the first quarter of 2010, while net profit was
283.3 million rubles.

The company’s equity reached 9.8 billion and net investment in
leasing as of 31 March was 83 billion rubles, or 2.1 billion rubles
more than at 31 December, 2009.

The industries with the largest share of the company’s total
leasing portfolio were rolling stock at 53.5% (81.1 billion
rubles), aircraft and aviation equipment at 27.5% (41.8 billion
rubles) and power generation and transmission equipment at 4.3%
(6.5 billion rubles).

Claire Hack