JSC TGC-1 releases audited consolidated Financial Statements for the 12 months period, ended December 31, 2015 prepared in accordance with International Financial Reporting Standards (IFRS).
|
Consolidated Statement of Comprehensive Income Highlights (mln RUB) |
2015 |
2014 |
|
Revenue |
69,424 |
68,996 |
|
Operating Expenses* |
(59,407) |
(62,500) |
|
Operating Profit |
10,017 |
6,496 |
|
EBITDA** |
17,222 |
13,209 |
|
Profit for the Year |
5,826 |
4,149 |
* Including Government grants, Impairment loss reversed/ (recognized) and Other operating income.
** EBITDA is calculated as Operating profit + Depreciation of PP&E + Amortization of intangible assets and investment property.
Consolidated TGC-1 Group revenue for 2015FY increased by 0.6% year-on-year, up to 69,424 mln RUB.
Operating expenses for the 2015FY decreased by 4.9% year-on-year, down to 59,407 mln RUB. Variable costs decreased by 2.6%, down to 37,296 mln RUB mostly on the account of fuel usage optimization and lower inefficient production.
TGC-1 operating profit grew by 54.2% year-on-year totaling 10,017 mln RUB. EBITDA amounted to 17,222 mln RUB, growing by 30.4% year-on-year.
Profit for 2015FY increased by 40.4%, up to 5,826 mln RUB.
Full JSC TGC-1 2015FY results under IFRS can be found at the corporate website in the “Reports” section.
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