Mar. 19 Krasnoyarskaya GES BOD approved the 470mln rub. worth loan contract with Russian Silicon at 8% ann. till Apr. 30, 2014, the company informed.
In Feb. 2014 an application of GES on the acquisition of 90.9091% in Russian Silicon was approved. The latter is a producer of plastic and artificial resin.
The Company (TIN 2446000322) is rated as the second in list of the largest GESs in Russia and one of ten in the world by the capacity (6000MW ). The average generation is equal to 18.25bn kWh which can cover half of the regional needs in the energy.
The 9-month 2013 net profit (RAS) increased 50.65% to 1.835bn rub. from 1.218bn rub. prior year; revenues - 15.91% to 11.044bn rub. from 9.529bn rub.; profit from sales - 35.14% to 2.237bn rub. from 1.656bn rub.; pretax profit - 46.74% to 2.385bn rub. from 1.625bn rub.
The IH 2013 net profit declined (IAS) 43.14% to 779.399mln rub. from 1.371bn rub. prior year period; revenues - 10.98% to 2.089bn rub. from 2.347bn rub.; operating profit - 32.5% to 874.716mln rub. from 1.296bn rub.; pretax profit - 40.7% to 1.012bn rub. from 1.707bn rub.