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Financial performance
9 months
Financial performance under RAS in 2018 – 2022
Graph
Change*, %
* – the change is calculated on the basis of the indicators presented in the table and rounded to the nearest tenth
RUR bln
Начальное изменение
3Q 2018
3Q 2019
3Q 2020
3Q 2021
3Q 2022
Revenue
4,1
68,4
68,6
68,3
74,1
77,4
- from electric power transmission
3,1
65,7
66,3
65,5
71,2
73,4
- from technological connection
33,3
1,2
0,9
0,7
0,7
1,5
- from resale of electricity and power
0,0
0,4
0,4
0,4
0,4
0,4
- other
57,1
1,1
1,0
1,7
1,8
2,1
Prime cost
6,7
60,6
62,3
62,4
66,0
66,5
Sales profit (loss)1
-13,7
6,3
4,8
4,2
6,6
9,6
EBITDA2
-13,2
12,5
12,7
13,0
15,6
17,2
Net profit (loss)
-23,1
1,0
0,9
1,6
3,4
3,6
Total assets
-0,8
118,2
121,2
127,5
129,9
135,5
Net assets
1,8
58,1
58,4
57,3
60,6
55,7
Loans and credits
-5,7
39,7
41,4
45,8
43,4
42,6
Cash and cash equivalents Financial investments
-92,0
0,2
0,5
3,0
1,3
6,7
Net debt3
-0,3
39,5
40,9
42,8
42,2
35,8
1 – Revenue net of cost of sales, selling and administrative expenses2 – EBITDA is calculated as follows: net profit + profit tax and other similar mandatory payments + interest payable + depreciation charges3 – Net debt is calculated as follows: long-term debt + short-term debt – cash and cash equivalents – short-term financial investments
Revenue under RAS broken down by Branches in 2018 – 2022
Graph
Change*, %
* – the change is calculated on rounded to the first decimal place in the table
RUR bln
Начальное изменение
9M 2018
9M 2019
9M 2020
9M 2021
9M 2022
Belgorodenergo
-4,9
9.8
9.2
9.9
10,3
10,7
Bryanskenergo
5,6
3.8
4.0
3.9
4,1
4,5
Voronezhenergo
9,6
10.3
10.6
10.9
12,1
12,7
Kostromaenergo
5,6
3.8
3.9
3.8
4,2
4,2
Kurskenergo
5,9
5.4
5.4
5.3
5,8
6,3
Lipetskenergo
1,5
6.6
6.6
6.4
7,0
7,5
Orelenergo
3,1
3.3
3.4
3.4
3,6
3,8
Smolenskenergo
9,8
5.6
5.5
5.2
5,9
6,1
Tambovenergo
2,3
4.4
4.7
4.3
4,5
4,8
Tverenergo
3,8
8.1
8.1
7.8
8,3
8,5
Yarenergo
7,5
7,2
7,1
6.9
7,8
7,9
Financial ratios under RAS for 2018 – 2022
Graph
Change*, %
* – the change is calculated on rounded to the first decimal place in the table
RUR bln
Начальное изменение
9M 2018
9M 2019
9M 2020
9M 2021
9M 2022
Current liquidity ratio
-22,0
0.85
0.74
0.68
1,20
0,59
Solvency reestablishing ratio
-16,0
0.42
0.40
0.31
0,79
0,22
Solvency loss ratio
-19,2
0.42
0.39
0.32
0,70
0,26
The ratio of total liabilities to total equity
-3,7
1.04
1.07
1.22
1,14
1,44
The ratio of current liabilities to total equity
0,0
0.30
0.41
0.54
0,27
0,81
Accounts receivable turnover, times (the indicator is calculated from the period beginning)
16,4
5.96
4.87
4.75
5,05
5,25
Net fixed assets index
1,1
1.79
1.78
1.87
1,83
2,00
Equity-assets ratio
2,1
0.49
0.48
0.45
0,47
0,41
Return on sales, % (indicator is calculated from the period start)
-0,4
1.50
1.29
2.35
4,65
4,61
Return on costs, % (indicator is calculated from the period start)
-0,5
1.70
1.42
2.56
5,22
5,37
Data on receivables and payables of the Company under RAS in 2018 – 2022
Graph
Change*, %
* – the change is calculated on rounded to the first decimal place in the table
Начальное изменение
9 M '18
9 M '19
9 M '20
9 M '21
9 M '22
Accounts receivable, RUR bln
-10,2
11.5
14.1
14.4
14,7
14,8
- Consumers and Customers
-7,4
10.0
13.0
12.7
11,9
11,7
- Advances made
0,0
0.1
0.1
0.3
0,4
0,7
- Other debtors
-26,3
1.4
1.0
1.4
2,5
2,3
Short-term accounts payable, RUR bln
4,2
10.0
11.4
13.5
12,9
16,6
- Suppliers and contractors
22,2
5.5
5.7
8.1
6,6
6,4
- Payroll liabilities
16,7
0.7
0.6
0.6
0,7
0,7
- Debt to State non-budgetary funds
0,0
0.3
0.4
0.4
0,4
1,7
- Tax and duties liabilities
0,0
1.7
2.3
2.1
2,4
2,7
- Advances received
-31,8
1.5
2.2
2.1
2,5
4,0
- Debt to members (founders) to pay income
0,0
0.0
0.0
0.0
0,1
0,1
- Other creditors
0,0
0.3
0.2
0.2
0,2
0,9
Financial performance under IFRS in 2019 – 2023
Graph
Change*, %
* – change calculated with the rounded to the first decimal figures reflected in the table
RUR mln
Начальное изменение
9M 2019
9M 2020
9M 2021
9M 2022
9M 2023
Revenue
0,4
68 690,1
69 731,9
77 595,8
80 801,2
91 419,9
- from electric energy transmission
1,0
66 344,6
66 815,1
74 435,9
76 556,8
85 392,0
- from grid connection
-23,6
929,1
760,0
805,8
1 613,4
2 728,2
- from resale of electric energy and power
-2,0
374,1
377,8
406,6
426,7
416,8
- other
-6,3
1 042,3
1 779,1
1 947,6
2 204,3
2 882,9
Operating costs, RUR
1,5
63 647,5
64 581,9
70 006,0
72 660,4
80 358,3
Other profit, RUR
8,8
901,4
924,5
1 138,6
1 078,6
1 741,0
Operating profit/(loss), RUR
-4,3
5 374,3
5 977,2
8 701,5
9 231,7
13 253,2
EBITDA, RUR
3,5
13 442,7
15 468,8
17 802,9
18 833,5
22 845,3
Profit/(loss) for the period, RUR
-7,0
1 974,6
3 411,0
4 501,1
3 949,5
7 484,6
Total equity, RUR
0,0
45 589,8
49 893,1
51 314,6
53 319,6
60 245,8
Total assets, RUR
4,6
109 636,2
125 689,8
124 695,1
134 053,4
143 679,1
Loans and credits, RUR
8,6
43 052,0
48 171,3
47 440,3
49 537,8
46 626,3
Cash and cash equivalents, RUR
144,8
529,4
3 544,7
1 803,2
5 375,9
5 343,2
Net debt1 , RUR
7,9
42 522,5
44 626,6
45 637,1
44 161,9
41 283,1
1 – net debt is calculated as follows: long-term debt + short-term debt – cash and cash equivalents
