3M 2016 RAS results

29 April 2016

Ekaterinburg (Ural Federal District, Russia) –IDGC of Urals, OAO (MICEX: MRKU) reports on 3M 2016 RAS results

3M 2016 revenues of the Company totaled RUB 16,601.1 mn (+9.1% on 3M 2015). 3M 2016 expenses totaled RUB 15,615,1 mn. (+9.4%). Operating profit totaled RUB 708,9 mn. Net profit totaled RUB 735,4 mn.

Table 1. Financial results of the Company as of 3M 2015 and 2016, RUB thous.

 

3M 2016

3M 2015

Revenues

16,601,069

15,209,370

transmission

16,348,167

14,951,213

connection

152,165

160,303

other

100,737

97,854

Expenses

(15,615,107)

(14,267,954)

Administrative costs

277,028

214,577

Operating profit

708,934

726,839

Operating margin

4.3%

4.8%

Pre-tax profit

922,423

120,635

Net profit

735,404

66,016

Net margin

4.4%

0.4%

To view 3M 2016 accounting statements prepared under Russian Accounting Standards (RAS), please, visit our corporate web-site (Financial Statements section).

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