ОГК-2

ОАО Вторая генерирующая компания оптового рынка электроэнергии

 

OGK-2 IFRS Profit for 2017 grew by 2.4x
05.03.2018

OGK-2 releases consolidated Financial Statements for the year ended December 31, 2017, prepared in accordance with International Financial Reporting Standards (IFRS).  

Highlights of the Consolidated Income Statement
(mn RUR)

2016

2017

Change (%)

Change (∆)

Revenue

134,398

141,308

+5.1%

+6,910

Operating Expenses

(124,529)

(125,261)

+0.6%

+732

Operating Profit

9,389

15,551

+65.6%

+6,162

EBITDA*

18,923

26,816

+41.7%

+7,893

Profit for the Period

3,053

7,201

х2.4

+4,148

* EBITDA= Operating profit + Depreciation and Amortization.


The Group revenue for 2017 totaled RUR 141,308 mn, up by 5.1% mainly, on the account of growing capacity sales. 

Operating expenses totaled RUR 125,261 mn, growing marginally by 0.6% year-on-year, on the account of variable costs increase.

Operating profit increased by 65.6% year-on-year up to RUR 15,551 mn. EBITDA grew by 41.47% year-on-year, up to RUR 26,816 mn. Profit increased by 2.4x up to RUR 7,201 mn.

The detailed information about OGK-2 performance in 2017
in accordance with IFRS is available at the company’s website in the
IFRS Financial Reports section.  

For reference:

OGK-2 is a leading thermal generator, including 11 power plants. The Company includes: Kirishskaya State District Power Plant, Krasnoyarskskaya State District Power Plant 2, Pskovskaya State District Power Plant, Novocherkasskaya State District Power Plant, Ryazanskaya State District Power Plant, Serovskaya State District Power Plant, Stavropolskaya State District Power Plant, Surgutskaya State District Power Plant 1, Troitskskaya State District Power Plant, Cherepovetskaya State District Power Plant and Adlerskaya TPS. The Company’s controlling shareholder is ‘Gazprom Energoholding’ LLC (100% subsidiary of ‘Gazprom’ JSC).


Contacts: pressa@ogk2.ru
  • Peterburgskoe highway 66,
  • Buid. 1, litera A, St. Peterburg, 196140, Russia
  • (812) 646-13-64
  • mail: office@ogk2.ru
  • Alevtina Tolstykh
  • E-mail: tolai@ogk2.ru
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