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Rosseti Volga

May 24, 2022

JSC Rosseti Volga published the results of operations for the 3 months ended March 31, 2022 under IFRS

Rosseti Volga published its consolidated financial statements for the 3 months ended 31 March 2022 in accordance with International Financial Reporting Standards (IFRS). The revenue of Rosseti Volga for the reporting period amounted to 16,825,313 thousand rubles, including 16,689,151 thousand rubles from the provision of electricity transmission services, 48,396 thousand rubles from technological connection to power grids and 87,766 thousand rubles from other revenue.

Data in thousand rubles, unless otherwise indicated

Indicators

3 months of 2021

3 months of 2022

% of changes

Revenue (total), including:

16,636,759

 





16, 825,313

1.13

Electric power transmission

16,523,766





16,689,151

1.00

Technologica; connection to electric power grids

52,867





48,396

-8.46

Other revenue

60,126





87,766

 45.97

Operating expenses

(16,352,248)





(16,996,709)

3.94

Accrual (recovery) of provision for expected credit losses

27,494





21,528

-21.7

Net other (expenses )/income

44,670





99,674

123.13

Operating income/( loss)

356.675





(50,194)

-114.07

Profit/( loss) for the period

259,690





(202,712)

-178.06

Profit compared to the same indicator of the previous period decreased by 462,402 thousand rubles.

The consolidated 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_/





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