E.ON Russia publishes the 2012 IFRS accounting statements

E.ON Russia JSC published its audited accounting statements prepared under International Financial Reporting Standards (IFRS) for the year 2012.

 

E.ON Russia JSC's revenue made 75.0 billion rubles, growing by 13.5% as compared to the same indicator of 2011. Operating expenses grew by 12% reaching 54.4 billion rubles.

 EBITDA made 29.1 billion rubles which is by 27.1% higher than in 2011.

In the year 2012, E.ON Russia JSC's net profit grew by 25.1% and made 18.3 billion rubles.

 

Operation of the new generating capacities at Surgutskaya GRES -2 and Yaivinskaya GRES (1200 MW) which were put into operation in QIII of 2011 made the most significant contribution to the advancement of the Company performance.

Also, the dynamics of financial indicators is determined by the Company's cost management and low accident rate: the Unscheduled unavailability factor which reflects the number of unplanned repairs of equipment  made 1,24% at 2012 year end (vs. 2.4% in 2011).

 

E.ON Russia's main performance indicators, year 2012, IFRS: