The 2014-net losses at Inter RAO increased (RAS) 3.74 fold to 53.688bn rub. from 14.361bn rub. prior year, the company informed.
The revenues declined 3.45% to 41.221bn rub. from 42.692bn rub.; losses from sales rallied up 69.02% to 1.937bn rub. from 1.146bn rub.; pretax losses- 5.37 fold to 52.597bn rub. from 9.789bn rub.; revenues from exports dropped 9% to 23.3bn rub. due to the cut-down in commercial transfer to Lithuania and Kazakhstan; exports to Finland rose 8.3%.
Now the project aimed to transfer generating equipment to Inter RAO-Electrogeneration as a wholly-owned sub is under realization.
Inter RAO (TIN 2320109650) is the largest export/import operator in Russia and has a great number of energy assets in Russia and abroad. It has Telasi and Hrami (Georgia); Armenian AES, Razdanskaya TES, Sevano Razdansky Cascade GES and Armenia Electric Networks in Armenia; Moldavskaya GRES; 50% in Ekibastuzskaya GRES-2 (Kazakhstan); 75% in Sangtudinskaya GES (Tadjikistan); 1% in Turkey-based TGR Energy under control.
The share capital is worth 293.34bn rub. split in 10440000997683 common stocks (par value of common stocks being equal to 0.02809767 rub. each). The major holders include Inter RAO Capital (Inter RAO UES sub) - 13.93%; FSK UES - 18.57%, Russian Property Agency - 13.76%, Nornickel - 13.21%; Rosatom - 12.49%, VEB - 5.07%, RusGidro Group - 4.92%.
The IH 2013-net losses (IAS) rose 37.71% to 13.845bn rub. from 10.054bn rub. prior year; revenues moved up 20.91% to 317.743bn rub. from 262.799bn rub.; operating losses - 52.99% to 9.793bn rub. from 6.401bn rub.; pretax losses - 74.95% to 15.184bn rub. from 8.679bn rub.
The 9-month 2013 net profit declined 13.89% to 3.461bn rub. from 4.019bn rub.; revenues dropped 0.89% to 31.517% from 31.8bn rub.; losses from sales being up 12.55 fold to 1.264bn rub. from 100.709mln rub.; pretax profit being moved down 48.13% to 4.294bn rub. from 8.278bn rub.
"AK&M", 14:17, 17.02.2014 1251 AKM,COR