E.ON Russia publishes IFRS accounting statements for 2012 1st half-year

E.ON Russia JSC published non-audited accounting statements prepared under International Financial Reporting Standards (IFRS) for the first half-year, 2012.

 

E.ON Russia JSC's revenue made 35,21 billion rubles, growing by 12,4% as compared to 1 half-year, 2011. Operating expenses grew by 12.4% reaching 25.55 billion rubles.

 EBITDA made 13,69 billion rubles which is by 34,1% more than in January-April 2011.

In the 1st half-year 2012, E.ON Russia JSC's net profit grew by 22,3% making 8,67 billion rubles.

 

Enhancement of E.ON Russia JSC's revenue was mostly affected by operation of new CCGTs commissioned in 2011 under the Company's new investment program. E.ON Russia JSC's outstripping growth rate is due to control of the Company expenditures and optimization of costs.

 

E.ON Russia JSC's performance in the 1st half-year 2012, (IFRS):