Sakhalinenergo BOD is going to consider the corrected loan plan for 2013 at the sitting Sep. 30, the company informed.
The execution of the business plan and key patters of IIQ efficiency should be considered.
The Company (TIN 6500000024) is a former sub of RAO UES Russia. It is working under ES East control and is a major energy supplier in Sakhalin.
RAO ES East (TIN 2801133630) was registered in June 2008. 52.7% are held by the Russian government. In line with the distributing balance of UES the stakes of DEK (51.03%), Yakutskenergo (47.39%), Magadanenergo (49%), Kamchatskenergo (98.68%), Sakhalinenergo (49%), DVEUK (100%), Mobile Energetics (49%) and stocks of energy sale companies were transferred to ES East. It is a Holding operating in all regions of the Far East and an assignee of the UES rights as of the Far Eastern energetics.
The 2012 net losses (IAS) declined 3.39 fold to come to 4.92bn rub. from 16.698bn rub. prior year period. The revenues added 6.17% to reach 142.08bn rub. from 133.822bn rub.; operating losses being down 9.37 fold to 1.388bn rub. from 13.009bn rub.; pretax losses - 2.67 fold to 6.156bn rub. from 16.416bn rub.; EBITDA rallied down 1.02% to 12.379bn rub. from 12.507bn rub.
The 2012-net profit (RAS) reached 370.99mln rub. vs. 6.121bn rub. in losses prior year; revenues dropped 0.68% to 913.049mln rub. from 919.287mln rub.; gross profit - 6.9% to 798.065mln rub. from 857.258mln rub.; pretax profit coming to 412.174mln rub. vs. 5.967bn rub. in losses.
The IQ 2013 net losses gained (RAS) 1.475bn rub. vs. 1.543bn rub. in profit; revenues rose 79.22% to 438.851mln rub. from 244.874mln rub.; profit from sales coming to 76.941mln rub. vs. 49.769mln rub. in losses; pretax losses - 1.401bn rub. vs. 1.514bn rub. in profit