According
to the prepared in accordance with the Russian Accounting Standards
statements for 9 months of 2024, revenue of Rosseti Centre and Volga
region, PJSC (the ticker – MRKP) was 99 817,3 mln RUB,
including from electric energy transmission – 94 954,0 mln
RUB, from grid connections – 2 997,8 mln RUB and other revenue
– 1 865,5 mln RUB. Sales profit1
was 17 608,7 mln RUB. Earnings before interest, taxes,
depreciation and amortization (EBITDA2)
reached 31 843,5 mln RUB. Net profit increased to 13 692,2
mln RUB, while the growth rate of the indicator was 15,2%.
Data
in million RUB, unless specified otherwise
Indicators
|
9M
2024
|
9M
2023
|
Change
|
Revenue
|
99
817,3
|
92
722,0
|
7,7%
|
Cost
of sales
|
81
649,5
|
75
237,4
|
8,5%
|
Sales
profit1
|
17
608,7
|
16
949,2
|
3,9%
|
Sales
profit margin, %
|
17,6%
|
18,3%
|
-0,7
p.p.
|
EBITDA2
|
31 843,5
|
26 773,9
|
18,9%
|
EBITDA
margin, %
|
31,9%
|
28,9%
|
3,0
p.p.
|
Net
profit
|
13
692,2
|
11
887,6
|
15,2%
|
Net
profit margin, %
|
13,7%
|
12,8%
|
0,9
p.p.
|
Amount
of electric energy transmitted3,
million kWh
|
38
209,8
|
36
790,4
|
3,9%
|
Electric
energy losses, %
|
6,63%
|
6,68%
|
-0,05
p.p.
|
Indicators
|
As
of 30.09.2024
|
As
of 31.12.2023
|
Change
|
Total
assets
|
190
237,5
|
181
391,7
|
4,9%
|
Net
assets
|
109
160,8
|
100
215,4
|
8,9%
|
Net
debt4
|
4
148,2
|
13
651,2
|
-69,6%
|
[1] Revenue
net of cost of sales, selling and administrative expenses
[2] EBITDA
is calculated as follows: Profit before tax + Interest payable +
Depreciation
[3] Taking
into account the generator voltage
[4] Net
debt is calculated as follows: long-term borrowed funds +
short-term borrowed funds – cash and cash equivalents –
short-term financial investments
|
Due
to temperature fluctuations in comparison with the same period last
year, as well as the growth of electricity consumption by a number of
industrial consumers, the volume of electricity transmission services
increased by 3,9% compared with the same period last year and
amounted to 38 209,8 million kWh. Thanks to the implementation
of organizational and technological measures, the level of
electricity losses was reduced to 6,63% (by 0,05 p.p.).
Revenue
from electricity transmission services following the results of 9
months of 2024 increased by 7,5% compared to the same period in 2023
due to increased electricity consumption in the regions of presence.
The increase in revenue from grid connections by 1,3% is due to the
growth of revenue in the categories of applicants up to 150 kW. As a
result of the development of services for the maintenance, repair and
construction of outdoor lighting networks, the performance of work
attributed to the competence of the applicant, when implementing grid
connection, other revenue increased by 27,2% and amounted to 1 865,5
mln RUB.
The
cost of sales following the results of 9 months of 2024 increased by
8,5% relative to the same period last year and amounted to 81 649,5
mln RUB, which is due to the growth of tariffs for electricity
transmission services in the UNEG grids and in the networks of
third-party Territorial Grid Organizations, the growth of the cost of
purchased electricity to compensate for losses, an increase in
depreciation and indexation of employee benefits.
The
EBITDA2
indicator increased by 18,9% up to 31 843,5 mln RUB, the EBITDA
margin grew up by 3,0 p.p. relative to the same period last year and
amounted to 31,9%. The net profit reached the level of 13 692,2
mln RUB, while the net profit margin increased to 13,7%.
The
Company’s total assets as of 30
September 2024 were 190 237,5
mln RUB (as of 31 December 2023 – 181 391,7
mln RUB). The Company’s net assets grew up by 8,9%
and reached 109 160,8
mln RUB. The net debt4 decreased by 69,6%
and amounted to 4 148,2
mln RUB.
The
Company’s statements for 9 months of 2024 can be found at:
https://www.mrsk-cp.ru/stockholder_investor/disclosure_reporting_info/finansovaya-informatsiya-i-otchetnost/bukhgalterskaya-otchetnost-mrsk-tsentra-i-privolzhya/.
|
