2016 revenues of the Company totaled RUB 65,452.1 million (+8.1% on 2015). 2016 expenses and administrative costs totaled RUB 60,388.1 million (+7.7%). Operating profit totaled RUB 5,064.0 million. Net profit totaled RUB 3,305.6 million.
Table 1. Financial results of the Company as of 2015 and 2016, RUB thous.
2016
2015
Revenues
65,452,057
60,535,362
transmission
63,703,133
58,227,060
connection
1,335,822
1,861,581
other
413,102
446,721
Expenses and Administrative costs
(60,388,060)
(56,069,331)
Operating profit
5,063,997
4,466,031
Operating margin
7.7%
7.4%
Pre-tax profit
4,808,735
3,205,265
Net profit
3,305,554
2,466,036
Net margin
5.1%
4.1%
To view 2016 accounting statements prepared under Russian Accounting Standards (RAS), please, visit our corporate web-site (Financial Statements section).
Resolutions of the Board meeting conducted on Dec. 29, 2016
9M 2016 RAS results
Resolutions of the Board meeting conducted on Sep. 28, 2016
IDGC of Urals reports 1H 2016 IFRS results
6M 2016 RAS results
IDGC of Urals OJSC published this content on 27 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 February 2017 07:06:18 UTC.
Original documenthttps://www.mrsk-ural.ru/en/news/company/5236.html
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Mezhregional'naya Raspredelitel'naya Setevaya Kompaniya Urala OAO (MRSK Urala OAO), formerly MRSK Urala i Volgi, is a Russia-based company, which is involved in the transmission and distribution of electric energy and provision of related services to its consumers. The Company is active on the territory of the Kurgan, Perm, Sverdlovsk and Chelyabinsk regions. It operates through three branches: Permenergo OAO, Sverdlovenergo OAO and Chelyabenergo OAO. In addition, the Company has several subsidiaries and two affiliated companies.