12M 2015 RAS results

02 March 2016

Ekaterinburg (Ural Federal District, Russia) –IDGC of Urals, OAO (MICEX: MRKU) reports on 12M 2015 RAS results

12M 2015 revenues of the Company totaled RUB 60,535.4 mn (+1.6% on 12M 2014). 12M 2015 expenses totaled RUB 55,114.8 mn. (+1.1%). Operating profit totaled RUB 4,466.0 mn. Net profit totaled RUB 2,466.0 mn. (+23%).

Table 1. Financial results of the Company as of 12M 2014 and 2015, RUB thous.

 

12M 2015

12M 2014

Revenues

60,535,362

59,607,802

transmission

58,227,060

57,480,677

connection

1,861,581

1,719,819

other

446,721

407,306

Expenses

(55,114,806)

(54,498,284)

Administrative costs

954,525

854,377

Operating profit

4,466,031

4,255,141

Operating margin

7.4%

7.1%

Pre-tax profit

3,205,265

2,350,758

Net profit

2,466,036

2,006,783

Net margin

4.1%

3.4%

To view 12M 2015 accounting statements prepared under Russian Accounting Standards (RAS), please, visit our corporate web-site (Financial Statements section).

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