ОГК-2

ОАО Вторая генерирующая компания оптового рынка электроэнергии

 

OGK-2 Group IFRS Profit for 2018FY grew by 15%
07.03.2019

OGK-2 releases consolidated Financial Statements for 2018FY, prepared in accordance with International Financial Reporting Standards (IFRS).

Highlights of the Consolidated Income Statement 
(mn RUR)

2017

2018

Change (%)

Change (∆)

Revenue

141,308

143,227

+1.4%

+1,919

Operating Expenses

(122,213)

(127,505)

+4.3%

+5,292

Operating Profit

15,497

13,966

-9.9%

-1,531

EBITDA*

26,763

26,936

+0.6%

+173

Profit for the Period

7,201

8,305

+15.3%

+1,104

* EBITDA= Operating profit + Depreciation and Amortization.

The Group revenue for 2018FY totaled RUR 143,227 mn, up by 1.4% year-on-year.

Operating expenses totaled RUR 127,505 mn, growing by 4.3% year-on-year, mostly, on the account of impairment loss on PP&E recognition and depreciation and amortization costs growth, on the back of capacity commissioning under CSA.

Thus, operating profit decreased by 9.9% year-on-year down to RUR 13,966 mn. EBITDA totaled RUR 26,936 mn, almost flat year-on-year. Profit grew by 15.3% year-on-year up to RUR 8,305 mn.

The detailed information about OGK-2 performance for 2018FY 
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
in English пїЅпїЅ-пїЅпїЅпїЅпїЅпїЅпїЅ