IFRS net loss of OJSC IDGC of Siberia for H1 2013 grew 11.98-fold to RUB 1.527 billion from RUB 127.466 million the year before, the company reported.
Revenue increased by 19.87% to RUB 30.478 billion from RUB 25.425 billion, loss from operations 2.49-fold to RUB 1.191 billion from RUB 479.025 million, loss before tax 2.65-fold to RUB 1.717 billion from RUB 648.153 million for the same period in 2012.
OJSC Interregional Distribution Grid Company of Siberia / IDGC of Siberia (name as per Articles, tax number: 2460069527, a subsidiary of OJSC IDGC Holding) is engaged in the transmission and distribution of power in Republics Altai, Buryatia, Tyva and Khakassia, Altai Krai, Zabaykalsky Krai and Krasnoyarsk Krai, Kemerovo, Omsk and Tomsk regions. IDGC of Siberia includes Altaienergo, Buryatenergo, Gorno-Altaiskiye Elektricheskiye Seti, Krasnoyarskenergo, Kuzbassenergo-RES, Omskenergo, Khakasenergo, Chitaenergo. OJSC Tomskaya Raspredelitelnaya Kompaniya, OJSC Ulan-Ude Energo and OJSC Tyvaenergo (a subsidiary) are being managed by IDGC of Siberia. 245 distribution zones are in operation in the regions. The company's service area is 2.214 million square kilometers. The total length of the company's power transmission lines is 271.75 thousand kilometers. The company operates 55,565 transformer substations of 10 (6)/0.4 kV and 1,921 substations of 35 kV and more.
IFRS net loss of OJSC IDGC of Siberia for 2012 (IFRS) was RUB 849.51 million against a loss of RUB 475.117 million the year before. Revenue decreased by 5.35% to RUB 49.515 billion from RUB 52.312 billion, profit from operations increased 7.45-fold to RUB 826.115 million from RUB 110.84 million, pre-tax profit was RUB 1.058 billion against a loss of RUB 310.038 million.
According to the information and retrieval system DataCapital, RAS net loss of OJSC IDGC of Siberia for H1 2013 increased 4.93-fold to RUB 1.301 billion from RUB 263.809 million for the same period in 2012. Revenue grew by 20.08% to RUB 29.95 billion from RUB 24.941 billion, sales profit was RUB 784.262 million against a loss of RUB 297.722 million the year before, loss before tax increased 2.99-fold to RUB 1.396 billion from RUB 466.579 million.