On August 22, Inter RAO UES OJSC increased its equity position in OJSC TGC-6 to 27.7131% from 21.6301%, the company informed.
This reason for this increase was the withdrawal of the voting shares in TGC-6 from trust management, which removed the encumbrance on them.
Therefore, Inter RAO UES currently owns 9.9035% of the shares in TGC-6 directly, 17.8096% indirectly (through CJSC Inter RAO Capital).
JSC Inter RAO UES (tax number: 2320109650) was established in May 1997 following the decision of the founder, OJSC RAO UES of Russia. It is the largest electric power export and import operator in Russia which manages numerous power assets in the Russian Federation and abroad. The total installed capacity of the company's power plants is about 33.5 GW.
The authorized capital of Inter RAO UES reached RUB 293.34 billion represented by 10,440,000,997,683 common shares at par value of RUB 0.02809767 each. The company's major shareholders are: CJSC Inter RAO Capital, a subsidiary of Inter RAO UES (13.93%), FGC UES Group (18.57%), the Federal Agency for State Property Management (13.76%), OJSC MMC Norilsk Nickel (13.21%), Rosatom Group (12.49%), Vnesheconombank (5.07%), RusHydro Group (4.92%).
IFRS net loss of JSC Inter RAO UES for 2012 was RUB 22.355 billion against a profit of RUB 41.457 billion the year before. Revenue increased by 3.72% to RUB 556.189 billion from RUB 536.244 billion, loss from operations grew 7.08-fold to RUB 31.738 billion from RUB 4.483 billion, loss before tax was RUB 24.273 billion against a profit of RUB 51.824 billion in 2011. EBITDA dropped by 36.5% to RUB 26.5 billion from RUB 41.7 billion.
According to the information and retrieval system DataCapital, RAS net profit of Inter RAO UES for H1 2013 decreased by 8.74% to RUB 4.05 billion from RUB 4.438 billion the year before. Revenue grew by 1.83% to RUB 23.133 billion from RUB 22.716 billion, sales loss was RUB 386.216 million against a profit of RUB 162.255 million, pre-tax profit decreased 2.35-fold to RUB 3.704 billion from RUB 8.694 billion.