IFRS net profit of Inter RAO Group for 2020 fell by 7.9% to RUB 75.5 billion from RUB 81.9 billion a year earlier, the company reported.
Revenue decreased by 4.4% to RUB 986.3 billion from RUB 1.03 trillion, operating expenses by 3.3% to RUB 915.1 billion from RUB 945.9 billion, EBITDA by 13.6% to RUB 122.3 billion from RUB 141.5 billion.
Total assets increased by RUB 114.2 billion (15.2%) to RUB 865.2 billion.
PJSC Inter RAO UES (short name: PJSC Inter RAO, tax number: 2320109650) was established in May 1997 following the decision of the founder, OJSC RAO UES of Russia. It is the largest electric power export and import operator in Russia which manages numerous power assets in the Russian Federation and abroad. The total installed electrical capacity of the company's power plants is 33.487 GW, heat capacity is 25,731 GCal/h.
The authorized capital of Inter RAO UES reaches RUB 293.34 billion. It consists of 10,440,000,997,683 common shares with a face value of RUB 0.02809767 each.
RAS net profit of PJSC Inter RAO for 2020 dropped by 8.8% to RUB 19.9 billion from RUB 21.8 billion a year earlier. Revenue decreased by 43.1% to RUB 31.3 billion from RUB 55.1 billion, gross profit by 56.1% to RUB 8.5 billion from RUB 19.3 billion. Loss from sales amounted to RUB 1.4 billion against a profit of RUB 7.5 billion.
IFRS net profit of Inter RAO for 2019 increased by 14.3% to RUB 81.9 billion from RUB 71.7 billion a year earlier. Revenue increased by 7.2% to RUB 1.032 trillion from RUB 962.6 billion, EBITDA by 16.7% to RUB 141.5 billion from RUB 121.3 billion.
