PJSC ROSSETI Volga has published the results of its activities for 2021 in accordance with IFRS

17 march 2022

Rosseti Volga has published consolidated financial statements for 2021 in accordance with International Financial Reporting Standards (IFRS). The revenue of Rosseti Volga for the reporting period amounted to 64,903,605 thousand rubles, including from the provision of electricity transmission services — 63,898,880 thousand rubles, from technological connection to the power grid — 248,597 thousand rubles and other revenue — 456,128 thousand rubles.

Data in thousands of rubles, unless otherwise specified

Indicators 2020 year 2021 year Change, %
Revenue (total), including: 60,391,792 64, 903, 605 7.47
Electric power transmission 59, 821, 377 63, 898,880 6.82
Technological connection to power grids 170, 773 248, 597 45.57
Other revenue 399, 642 456, 128 14.13
Operating expenses (60, 092, 770) (63, 522,243) 5.71
Accrual (recovery) of a provision for expected credit losses (235, 551) 58, 311 -124.76
Net other (expenses)/income 225, 174 255, 499 13.47
Operating profit/(loss) 288, 645 1,695, 172 487.29
Profit/(loss) for the period (117, 216) 982, 914 -938.55

 

Indicators as of 31.12,2020 as of 31.12.2021 Changes, %  
Total capital 38, 540, 798

39, 699, 515

 
3.01  

Total assets

61,486,820
64,830, 787 5,44  
lLoans and borrowings received 6,869,923 6, 746, 864 -1.79  
Cash and cash equivalents 563,757 805,792 42.93  


The profit compared to the same indicator of the previous period decreased by 1,100,130 thousand rubles. The consolidated financial statements of the Company can be found on the website:

https://www.rossetivolga.ru/eng/to_shareholders_and_investors/information_disclosure_by_the_company_and_the_reporting_information/financial_(accounting)_reporting_according_to_ifrs_/