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ОАО Вторая генерирующая компания оптового рынка электроэнергииOGK-2 IFRS Revenue for the 3 months of 2018 grew by 3.9%
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Highlights of the Consolidated Income Statement
|
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).
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