27 October 2023

OGK-2 Releases RAS Accounting Statements for 9M 2023

OGK-2 releases unaudited abbreviated interim consolidated Financial Statements for the six months, ended June 30, 2023, prepared in accordance with International Financial Reporting Standards (IFRS).


Key Highlights of the Statement of Financial Results (mn RUR)

9M 2022

9M 2023

Change (%)

Change (∆)

Revenue

104 560

119 506

+14 946

+14,3%

Cost of sales

(80 585)

(95 606)

(15 021)

+18,6%

Gross profit

23 975

23 900

- 75

- 0,3%

Net profit

17 051

15 924

- 1 127

- 6,6%

EBITDA*

30 978

30 058

- 920

- 3,0%


*EBITDA = Operating profit + Amortization + Loss from Impairment (Reserve Accrual) for Non-financial Assets

For reference:
OGK-2 is an energy company, comprising 12 branches with total installed capacity of circa 16.3 GW: Surgutskaya GRES-1, Ryazanskaya GRES, Kirishskaya GRES, Stavropolskaya GRES, Novocherkasskaya GRES, Troitskaya GRES, Cherepovetskaya GRES, Serovskaya GRES, Pskovskaya GRES, Adlerskaya TPP, Groznenskaya TPP and Svobodnenskaya TPP.