9M 2016 RAS results

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).

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