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Quadra released loan to Voronezhskaya TSK.

Quadra and Voronezhskaya TSK as its sub signed additional agreement to the 400mln rub. worth loan contract on its prolongation till Dec. 31, 2017, the company informed.

Quadra (former TGK-4 till May 2010) (TIN 6829012680) was registered in Apr. 2005. The share capital is worth 19.878bn rub. split in 1912505577759 common and 75272938838 preferred stocks of 0.01 rub. par; 49.9% being held by Onexim Holdings Limited. 11 branches have 25 power plants with 3357.8MW of electric energy and 16939.9Gcal of the heat; the length of the heat networks cover 4934.9 km.

The IH 2013 net losses (IAS) dropped 4.9 fold to 88.223mln rub. from 432.187mln rub. prior year; revenues rose 10.2% to 23.017mln rub. from 20.886mln rub.; operating profit being down 40.73% to 533.262mln rub. from 899.68mln rub.; pretax profit - 3.67 fold to 198.136mln rub. from 727.673mln rub.

The 9-month 2013 net losses (RAS) increased 84.03% to 1.3bn rub. from 706.16mln rub. prior year; revenues went upward 12.53% to 27.375bn rub. from 24.327mln rub.; profit from sales reached 661.705mln rub. vs. 563.361mln rub. in losses; pretax losses moved up 86.62% to 1.471bn rub. from 788.245mln ru

"AK&M", 14.04.2014


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