ОАО Вторая генерирующая компания оптового рынка электроэнергии
OGK-2 Group Releases Financial Statements for 1H 2021
* EBITDA = Operating profit (Revenue – Operating Expenses – Impairment (Loss) / Reversal on Financial Assets) + Depreciation and Amortization + Loss from Impairment (Reserve Accrual) for Non-financial Assets – Income from Impairment Loss Reversal (Reserve) for Non-financial Assets
The Group revenue totaled RUR 66,488 mn, up by 10.2% year-on-year, resulting, mostly, from growing prices of electricity and capacity, sold at the wholesale market, concerning, among other, capacity, commissioned under CSA-program.
Operating expenses totaled RUR 51,619 mn, increased by 11.3% year-on-year.
Operating profit increased by 11.7% year-on-year up to RUR 15,340 mn. EBITDA totaled RUR 22,294 mn (+8.6% year-on-year). Profit for the period increased by 10.0% year-on-year to RUR 11,320 mn.
The detailed information about OGK-2 performance for 6M 2021 in accordance with IFRS is available at the company’s website in the IFRS Financial Reports section.
OGK-2 is a thermal generator. The Company’s controlling shareholder is ‘Gazprom Energoholding’ LLC (100% subsidiary of ‘Gazprom’ JSC).
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