Mar. 3 Russian Grids BOD is going to consider the report of the management board for IVQ and 2013, 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 9-month 2013 net profit (RAS) rallied up 61.55% to 4.57bn rub. from 2.829bn rub. rub. prior year period; revenues moved up 28.76% to 4.986bn rub. from 3.872bn rub.; profit from sales - 52.66% to 3.2bn rub. from 2.096bn rub.; pretax profit boosted 52.53% to 4.882bn rub. from 3.201bn rub