OREANDA-NEWS. August 22, 2013. IDGC of Urals, (RTS and MICEX: MRKU) reports on 6M 2013 results prepared under Russian Accounting Standards (RAS)
 
The Company's revenues in 6M2013 totaled RUR 26 490.1 mln. (+1% on 6M2012). Our expenses as of 6M2013 totaled RUR 25 861.2 mln. (+7.4%).
 
Tab. 1. Financial result of IDGC of Urals, OAO in 6M 2012-2013
Item 6M 2013 6M 2012
Revenues from services, RUR thous. 26 490 107   26 239 095 
Expenses, RUR thous. 25 861 193   24 078 358 
Operating profit, RUR thous. 628 913   2 160 737 
Operating margin 2.4% 8.2%
EBITDA, RUR thous. [1] 2 910 487 2 325 339
EBITDA margin 11.0% 8.9%
Pre-tax profit, RUR thous. 756 749   505 783 
Net profit, RUR thous. 387 279   461 646 
Net margin 1.5% 1.8%
 [1] EBITDA is calculated according to the following formula: net profit + income tax and other obligatory payments + interest payable + depreciation and amortization.
 
Table 2. 6M2013 Operating Results:
Item 6M2013
Network and Equipment
Aerial lines (in lines)/ Cable lines, thous. km 115,6 / 5,4
Transformer substations PS-35/110-220 kW:
 - quantity, pcs. 
1 033
 - installed capacity, MVA 21 459
Transformer substations TP-6-20/0.4 kW:
 - quantity, pcs. 
28 706
 - installed capacity, MVA 8 025
Energy supply and losses
  6M 2013 6M 2012 Change, %
Energy supply, mln. kWh 38 272.1 40 358.3 -5.17%
Productive supply, mln. kWh 35 292.6 37 270.8 -5.31%
Energy losses, mln. kWh 2 979.5 3 087.5 -3.5%
    
More detailed information on the Company's financial and operating results can be found in Supplements "Financial review" and "Operating review".