ОГК-2

ОАО Вторая генерирующая компания оптового рынка электроэнергии

 

OGK-2 Group IFRS Profit for 9M 2019 grew by 60%
13.11.2019

OGK-2 releases unaudited interim abbreviated consolidated Financial Statements for the nine months, ended September 30, 2019, prepared in accordance with International Financial Reporting Standards (IFRS).

Highlights of the Consolidated Income Statement (mn RUR)

9М 2018

9М 2019

Change (%)

Change (∆)

Revenue

105,272

99,834

-5.2%

-5,438

Operating Expenses

91,214

82,075

-10.0%

-9,139

Operating Profit

12,711

17,531

+37.9%

+4,820

EBITDA*

22,316

27,699

+24.1%

+5,383

Profit for the Period

7,650

12,242

+60.0%

+4,592

* EBITDA = Operating profit + Depreciation and Amortization.

The Group revenue totaled RUR 99,834 mn, down by 5.2% year-on-year.

Operating expenses totaled RUR 82,075 mn, reduced by 10% year-on-year, mostly, on the account of lower fuel purchases on the back of decreased electricity output.

Operating profit increased by 37.9% year-on-year up to RUR 17,531 mn. EBITDA totaled RUR 27,699 mn(+24.1%). Profit grew by 60% year-on-year up to RUR 12,242 mn.

The detailed information about OGK-2 performance for 9M 2019
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 12 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, Adlerskaya TPS and Groznenskaya 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
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