FY2019 IFRS results

12 March 2020

FY2019 revenues stands at RUB 106,148.6 million (+ RUB 5,845.9 million or 5.8% YoY), the increase being driven by the Company’s operations as the provider of the last resort in the Sverdlovsk and Chelyabinsk regions between 01.04.2018 and 01.10.2019 (former service area of AO Roskommunenergo), between 01.07.2018 and 01.07.2019 (former service area of PAO Chelyabenergosbyt) and between 01.08.2018 and 01.10.2019 (former service area of NUESK), respectively, as well as changes in the tariff “pie” scheme in the Chelyabinsk region since 01.07.2018.

FY2019 operating expenses totaled RUB 100,711.7 million (+RUB 7,351.3 million or 7.8% YoY), the rise being mainly affected by PoLR-related costs as well as increased payments to grid operators due to changes in the tariff “pie” scheme.

FY2019 result from operating activities reached RUB 4,412.2 million (FY2018: RUB 1,925.4 million). FY2019 profit before income tax amounted to RUB 3,768.9 million (FY2018: RUB 1,149.1 million).

Profit for the period totaled RUB 2,761.1 million (FY2018: RUB 640.8 million). Total comprehensive income for the period is RUB 2,959.1 million (FY2018: RUB 1,376.3 million).

Table 1. FY2018 and 2019 highlights of the Company, RUB thousand.

 

FY2019

FY2018

Revenue, incl.

106,148,635

100,302,694

Electricity transmission

62,790,106

60,503,132

Electricity sales

41,792,645

38,137,954

Connection services

1,136,608

1,144,080

Operating expenses

(100,711,660)

(93,360,317)

Result from operating activities

4,412,240

1,925,433

Profit/(Loss) before income tax

3,768,876

1,149,116

Profit/(Loss) for the period

2,761,123

640,826

Total comprehensive income for the period

2,959,063

1,376,268

 

Please, visit “Financial Information” section of the official web-site to review our FY2019 IFRS financial statements.

Similar news

FY2019 RAS results

Resolutions of the December 27, 2019 and December 30, 2019 Board of Directors meeting

9M2019 IFRS results

9М2019 RAS results

Resolutions of the September 26, 2019 Board of Directors meeting

список разделов Личный кабинет Войдите в личный кабинет Up