Publication date: 28.04.15
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E.ON Russia Publishes RAS Accounting Statements for 3 months 2015

E.ON Russia JSC publishes accounting statements prepared according to the Russian Accounting Standards (RAS) for the first quarter of 2015.

The company’s revenue for the reporting period totaled RUB 19.6 bln, which is 6,8% less compared to the same period in 2014.

In the first quarter of 2015, the net profit of E.ON Russia under RAS decreased by 23.8% compared to the first quarter of 2014 and amounted to RUB 3.7 bln.

Reduction of net profit was caused by a decline in revenue, conditioned by an accident at Surgutskaya GRES-2 in the beginning of 2015, and by increased costs for elimination of its consequences.

Financial performance of E.ON Russia JSC for H1 2015 (RUB thousand)

 

2015

2014

 

Dynamics

Revenue

19,655,773

21,097,756

 

-6,8%

 

Cost of sales

 

14,926,997

 

15,348,228

 

 

-2.8 %

Profit before tax

4,622,100

5,996,929

 

-22,9%

Net profit

3,682,795

4,833,953

 

-23.8 %