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MRSK North Caucasus suffered losses.

In IQ 2014 MRSK North Caucasus gained 860.136mln rub. in losses vs. 325.486mln rub. in profit prior year, the company informed.

The revenues moved up 8.29% to 3.297bn rub. from 3.045bn rub.; profit from sales being down 20.06% to 415.073mln rub. from 519.246mln rub.; pretax losses coming to 1.101bn rub. vs. 481.528mln rub. in profit.

MRSK North Caucasus (TIN 2632082033) provides control over the dispatching grid companies including Dagenergo, KEUK covering Kabardino- Balkariya, Karachaevo-Cherkesskaya, North Osetiya Alaniya, Ingushetiya republics, Stavropolenergo, Kabbalkenergo, Karachaevo Cherkesskenergo, Kalmenergosbyt, Sevkavkazenergo, Ingushenergo, Dagestanskaya Energy Sale Company and Nurenergo (Chechnya). The lines cover 108.452ths km; capacity coming to 10.082ths MW.

The share capital is worth 154.562mln rub. split in 154562275 common stocks of 1 rub. par. Russian Grids keeps 92%.

The 2013 net profit (RAS) rallied down 38.76% to 537.564mln rub. from 877.775mln rub. prior year; revenues moved up 11.11% to 12.502bn rub. from 11.252bn rub.; profit from sales dropped 9.01% to 2.459bn rub. from 2.702bn rub.; pretax profit 33.26% to 818.254mln rub. from 1.226bn rub.

The 2013 net profit (IAS) increased 8.39 fold to 2.056bn rub. from 244.981mln rub. prior year; revenues being down 5.79% to 13.712bn rub. from 14.554bn rub.; operating losses coming to 1.86bn rub. vs. 222.292mln rub. in profit; pretax losses - 1.82bn rub. vs. 208.988mln rub. in profit.

"AK&M", 13.05.2014


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