-2

OGK-2 RAS Net Profit for the 2017FY grew by 1.9x
21.02.2018

OGK-2 releases its Accounting Statements for the 2017FY, prepared in accordance with Russian Accounting Standards (RAS).

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

12M 2016

12M 2017

Change(%)

Change(∆)

Revenue

134,285

139,613

+4.0%

+5,328

Cost of sales

(117,618)

(118,286)

+0.6%

+668

Gross Profit

16, 667

21,327

+28.0%

+4,660

Net profit

3,497

6,653

+90.2%

+3,156

EBITDA

16,623

22,775

+37.01%

+6,152


Company revenue for 2017FY totaled RUR 139 bln 613 mn, increasing by 4.0% year-on-year. The revenue dynamics were considerably influenced by growing revenue from capacity sales. At the same time cost of sales grew marginally by 0.6% to RUR 118 bln 286 mn.

EBITDA grew by 37.01% year-on-year, up to RUR 22 bln 775 mn.

Gross profit increased by 28.0% year-on-year up to RUR 21 bln 327 mn.

Net profit grew by 90.2x to 6 bln 653 mn.

Detailed information about OGK-2 performance for the 2017FY in accordance with RAS is available at the company’s website in the RAS Accounting Reports section.


For reference:

OGK-2 is a leading heat generator comprising 11 active power plants with total installed capacity of circa 18.6 GW. 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 JSC).

www.ogk2.ru

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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