Key performance indicators

Key operational and financial indicators
Indicator Unit
Indicators for 2011–2012 – according to the annual accounting reporting for 2013 taking into account retrospective data reflection.2011
Indicators for 2011–2012 – according to the annual accounting reporting for 2013 taking into account retrospective data reflection.2012
2013 Change, 2013/2102, %
(unless otherwise noted)

Productive supply of electric power

Mln kWh

28,975

30,007

29,613

–1.3

Electric power losses

%

10.6

10.4

10.1

–0.26 p.p.

Connected capacity

MW

321

523

771

47.4

Sales revenue, including:

RUB mln

36,958

36,273

39,902

10.0

from electric power transmission services

RUB mln

28,475

28,816

33,207

15.2

from grid connection services

RUB mln

8,311

7,282

6,515

–10.5

from other industrial activity

RUB mln

172

175

180

2.7

Prime cost

RUB mln

31,758

32,830

36,429

11.0

Gross profit

RUB mln

5,201

3,443

3,473

0.9

Earnings before tax

RUB mln

2,311

1,962

1,444

–26.4

Net profit

RUB mln

1,367

1,042

425

–59.2

For reference:

ROE (return on equity) is calculated according to a technique recommended by Department of corporate finance of JSC Rosseti by preparation of the annual report for 2013: (Net profit/Equity) x 100% = [line 2400 f.2 / ((line 1300 f.1 report + line 1300 f.1 bas.) / 2)) x 100%. ROE

%

2.5

1.6

0.6

–1.0 p.p.

EBITDA is calculated according to a technique applied at formation of the business plan for 2013: EBITDA = Net profit + Profit tax + Depreciation + Interest payable – Interest receivable. EBITDA

RUB mln

8,522

9,733

11,279

15.9

EBITDA margin

%

23.1

26.9

28.3

1.4 p.p.

Ratio of equity to debt

1.1

1.4

1.1

Net debt is calculated as a sum of long-term and short-term debt (lines 1410 and 1510 of the balance sheet), including debt on interest, net of cash and short-term financial investments. Net debt

RUB mln

20,197

22,360

23,722

6.1

Net debt /EBITDA

2.4

2.3

2.1

Investment program (development)

RUB mln

15,061

14,891

18,729

25.8

Market Cap

RUB mln

11,139

7,759

3,742

–52%

Calculated on a formula: average cost of one ordinary share as of the end of the reporting year / Earnings per share. P/E

7.2

6.8

7.0

Characteristics of assets
Indicator Unit 2011 2012 2013

Installed capacity (MVA)

MVA

21,427.4

21,952.2

23,059.0

Overhead transmission lines 0.4–110 kV, on ROW

km

36,586.8

36,858.7

37,213.8

OTL 110 kV

km

4,611.4

4,611.4

4,611.5

OTL 35 kV

km

3,018.7

3,026.8

3,026.8

OTL 6–10 kV

km

17,194.5

17,356.8

17,487.3

OTL 0.4 kV

km

11,762.2

11,863.7

12,088.3

Overhead transmission lines 0.4–110 kV, on circuits

km

39,782.6

40,052.8

40,407.7

OTL 110 kV

km

7,132.1

7,132.1

7,132.5

OTL 35 kV

km

3,673.8

3,677.7

3,675.7

OTL 6–10 kV

km

17,211.0

17,375.9

17,506.8

OTL 0.4 kV

km

11,765.7

11,867.1

12,092.8

Cable lines 0.4–110 kV

km

19,554.2

20,400.2

21,156.0

OTL 110 kV

km

161.8

167.7

217.0

OTL 35 kV

km

369.2

375.6

352.5

OTL 6–10 kV

km

13,085.7

13,869.7

14,501.8

OTL 0.4 kV

km

5,937.5

5,987.2

6,084.8

Substations 35–110 kV

pieces

373

377

379

Substations 35–110 kV

MVA

13,741.6

13,968.9

14,569.8

Substations 35 kV

pieces/MVA

167/2,173.6

170/2,253.6

169/2,301.7

Substations 110 kV

pieces/MVA

206/11,568.0

207/11,715.3

210/12,268.1

Transformer substations 6–35 kV

pieces

14,770

15,025

15,531

Transformer substations 6–35 kV

MVA

7,685.8

7,983.3

8,489.2

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