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JSC OGK-2 Increased 3M 2015 RAS Net Profit by 24%
29.04.2015


RELEASE

April 29, 2015

Moscow

OJSC OGK-2 Increased 3M 2015 RAS Net Profit by 24%

OJSC OGK-2 releases its Accounting Statements for 3M 2015, prepared in accordance with Russian Accounting Standards (RAS).

The Company’s revenue for 3M 2015 totaled RUR 31 bln 086 mn, growing by 6.7% year-on-year. Cost of sales totaled RUR 27 bln 063 mn growing by 8.3% year-on-year.
Gross profit decreased by 2.7% year-on-year and totaled RUR 4 bln 023 mn. EBITDA grew by 10.3% year-on-year, amounting to RUR 5 bln 160 mn.
OJSC OGK-2 net profit for 3M 2015 totaled RUR 3 bln 410 mn, increasing by 24.0% year-on-year.

Key Highlights of the Statement of Financial Results (mn RUR)

3M 2015

3M 2014

Change (%)

Change (∆)

Revenue

31,086

29,132

+6.7%

+1,954

Cost of sales

27,063

24,997

+8.3%

+2,066

Gross profit

4,023

4,135

-2.7%

-112

EBITDA

5,160

4,677

+10.3%

+483

Net profit

3,410

2,749

+24.0%

661


Detailed information about OJSC OGK-2 performance for 3M 2015 in accordance with RAS is available at the companys website in the RAS Accounting Reports section.

For reference:

OGK-2 is a leading heat generator comprising 11 branches - power plants with total installed capacity of 18 GW, providing about 7% of Russias electricity output. The Company includes: Adlerskaya TPS, Kirishskaya State District Power Plant, Krasnoyarskskaya State District Power Plant 2, Pskovskaya State District Power Plant, Novocherkasskskaya 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.

The Companys controlling shareholder is ‘Gazprom Energoholding LLC (100% subsidiary of Gazprom OJSC).

dfilatov@ogk2.ru

8 985 222-92-60 Dmitriy Filatov

  • 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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