OREANDA-NEWS. According to the prepared in accordance with the Russian Accounting Standards statements for 3 months of 2015 IDGC of Centre’s revenue totalled 21,0 bln RUB, including from electric energy transmission — 20,6 bln RUB, from grid connections — 0,2 bln RUB and other revenue — 0,2 bln RUB. Profit from sales decreased by 0,7 bln RUB and amounted to 3,3 bln RUB. Earnings before interest, taxes, depreciation and amortization (EBITDA2) increased by 1,8% and reached 5,7 bln RUB. Net profit increased by 42,9% to 2,0 bln RUB.

In connection with the execution by IDGC of Centre in 2013-2014 of functions of a supplier of last resort and accounting for income from electricity transmission in the profit from the sale of electricity, the comparison of the proceeds, received by the Company for the current and previous year for the electricity transmission services and for services from the resale of electric energy and power, should be carried out under comparable conditions.Changes in the level of revenue, cost of sales and net profit relative to 3 months of 2014 are mainly connected with the transfer by the Company of functions of a supplier of last resort to third-party companies in the compared periods.

The volume of electricity transmission services in comparison with the same period last year did not change and was 14,6 billion kWh. A reduction of electric energy losses was achieved under comparable conditions without taking into account "last mile" facilities from 13,05% in 1Q 2014 to 13,02% in 1Q 2015 due to the implementation of a program on energy saving and energy efficiency.