Publication date: 12.05.15
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E.ON Russia Publishes IFRS Financial Results for 3 Months of 2015

E.ON Russia discloses the unaudited condensed consolidated interim financial information prepared in accordance with the International Financial Reporting Standards (IFRS) for Q1 2015.

The company’s revenue for 3 months of 2015 decreased by 7% and totaled RUB 19.1 bln.

EBITDA* amounted RUB 6.0 bln (-4% as compared to the analogous period of 2014).

The underlying net profit of E.ON Russia for the reporting period according to the IFRS made RUB 3.6 bln.

In Q1 2015, E.ON Russia showed stable financial performance. Minor EBITDA reduction was due to decrease in electric power generation. EBITDA was also influenced by increase of repair works scope.

The key indicators of E.ON Russia according to the IFRS data for 3 months of 2015 (RUB mln):

 

Indicator

 

Q1 2015

Q1 2014

Dynamics

Revenue

 

19,148

20,615

-7%

EBITDA*

 

6,025

6,273

-4%

EBIT**

 

4,201

4,152

1%

Underlying net profit***

 

3,615

3,712

-3%

 

* EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization.

** EBIT: Earnings Before Interest and Taxes.

*** Underlying net income: Earnings for the Period Adjusted for the One-Time Effect of Impairment.