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Russian Grids ready to submit accounting.

Apr. 24 Russian Grids is going to submit the 2013-accounting under IAS, the company informed.

Russian Grids (former MRSK Holding, TIN 7728662669) is working in the energetic sector. It involves 47 subs including the stakes of 11 interregional dispatching grid companies. The share capital was formed on the basis of the additional capital and retained profit of UES due to the distribution balance. The stocks of all dispatching network companies held by UES were transferred to MRSK Holding. The networks cover 2.1mln km.

The share capital is worth 43.116bn rub. split in 41041753984 common and 2075149384 preferred stocks of 1 rub. par each. The government has 52.69%.

The IH 2013 net losses (IAS) gained 2.087bn rub. from 24.801bn rub. in profit prior year; revenues moved up 11.1% to 348.842bn rub. from 313.987bn rub.; pretax profit declined 13.77% to 2.399bn rub. from 33.043bn rub.; operating profit dropped 31.19% to 32.613bn rub. from 47.394bn rub.; EBITDA

- 23.3% to 67bn rub. from 87.3bn rub.
The 2013 net profit (RAS) rallied up 80.76 fold to 250.338bn rub. from 3.1bn rub. prior year period; revenues moved up 32.07% to 6.099bn rub. from 4.618bn rub.; profit from sales - 41.17% to 2.895bn rub. from 2.051bn rub.; pretax profit boosted 94.58 fold to 250.046bn rub. from 2.644bn rub.

"AK&M", 18.04.2014


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