31 October 2016

Ekaterinburg (Ural Federal District, Russia) - IDGC of Urals, OAO (MICEX: MRKU) reports its 9M 2016 RAS results

9M 2016 revenues of the Company totaled RUB 46,639.2 million (+8.4% on 9M 2015). 9M 2016 expenses totaled RUB 42,757.1 million (+8.9%). Operating profit totaled RUB 3,110.4 million. Net profit totaled RUB 1,857.1 million.

Table 1. Financial results of the Company as of 9M 2015 and 2016, RUB thous.

9M 2016

9M 2015

Revenues

46,639,176

43,016,601

transmission

45,512,114

41,946,015

connection

820,232

736,887

other

306,829

333,699

Expenses

(42,757,060)

(39,268,174)

Administrative costs

(771,732)

(693,026)

Operating profit

3,110,384

3,055,401

Operating margin

6.7

7.1

Pre-tax profit

2,317,548

1,068,700

Net profit

1,857,087

787,048

Net margin

4.0

1.8

To view 9M 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 Sep. 28, 2016

IDGC of Urals reports 1H 2016 IFRS results

6M 2016 RAS results

Resolutions of the Board meeting conducted on Jul. 15, 2016

Resolutions of the Board meeting conducted on June 03, 2016

IDGC of Urals OJSC published this content on 31 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 October 2016 05:37:09 UTC.

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