27 October 2023

OGK-2 Releases RAS Accounting Statements for 9M 2023

OGK-2 releases Accounting Statements for 9M 2023, in accordance with Russian Accounting Standards (RAS).


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.