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ОАО Вторая генерирующая компания оптового рынка электроэнергии

 

OGK-2 IFRS Revenue for the 3 months of 2018 grew by 3.9%
28.05.2018

OGK-2 releases interim abbreviated consolidated unaudited Financial Statements for the 3 months ended March 31, 2018, prepared in accordance with International Financial Reporting Standards (IFRS).

Highlights of the Consolidated Income Statement (mn RUR)	3М 2017	3М 2018	Change (%)	Change (∆)
Revenue	38,145	39,650	+3.9%	+1,505
Operating Expenses	(30,331)	(32,266)	+6.4%	(1,935)
Operating Profit	7,805	6,853	-12.2%	(952)
EBITDA*	10,567	9,875	-6.5%	(692)
Profit for the Period	5,005	4,609	-7.9%	(396)

* EBITDA= Operating profit + Depreciation and Amortization.

The Group revenue for 3M 2018 totaled RUR 39,650 mn, up by 3.9% year-on-year.

Operating expenses totaled RUR 32,266 mn, growing by 6.4% year-on-year, mainly on the account of fuel expenses, depreciation and amortization and tax payments increase.

Thus, operating profit decreased by 12.2% year-on-year down to RUR 6,853 mn. EBITDA totaled RUR 9,875 mn, down by 6.5% year-on-year. Profit decreased by 7.9%, down to RUR 4,609 mn.

The detailed information about OGK-2 performance the 3 months of 2018
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).

• 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