1H 2015 RAS results

28 July 2015

Ekaterinburg (Ural Federal District, Russia) –IDGC of Urals, OAO (MICEX: MRKU) reports on 1H 2015 RAS results

Revenues of the Company as of 1H 2015 totaled RUR 28,499.8 mn (-6.0% on 1H 2014). 1H 2015 expenses totaled RUR 26,482.4 mn. (-2.93%). Operating profit as of 1H 2015 totaled RUR 1,563.7 mn. Net profit as of 1H 2015 totaled RUR 404.4 mn. (-44.6%).

Table 1. Financial results of the Company as of 1H 2014 and 2015, RUR thous.

 

1H 2015

1H 2014

Revenues

28,499,803

30,320,818

transmission

27,826,317

29,322,510

connection

443,075

797,761

other

230,411

200,187

Expenses

(26,482,395)

(27,280,973)

Operating profit

1,563,704

2,599,007

Operating margin

5.5%

8.6%

Pre-tax profit

598,113

1,153,061

Net profit

404,350

730,449

Net margin

1.4%

2.4%

To view 1H 2015 accounting statements prepared under Russian Accounting Standards (RAS), please, visit our corporate web-site (Financial Statements section).

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