RUSNANO's profit under IFRS for 2021 amounted to 0.7 billion rubles

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AK&M 20 May 2022 15:00

RUSNANO's profit under IFRS for 2021 amounted to 0.7 billion rubles. compared with a loss of 52.9 billion rubles a year earlier. Proceeds from investment activities, including exits from projects, increased to 36.6 billion rubles against 13.3 billion rubles. This was announced by the company.

Debt obligations were reduced by 20 billion rubles and amounted to 128 billion rubles, of which 93 billion rubles are secured by state guarantees. The value of the investment portfolio increased by 18.4 billion rubles, and operating expenses decreased by more than 20%. Debt servicing expenses amounted to 14.6 billion rubles.

The RUSNANO Group includes JSC RUSNANO, the RUSNANO Management Company and the Fund for Infrastructure and Educational Programs. Thanks to RUSNANO's investments, 138 enterprises and R&D centers operate in 37 regions of Russia.