Segment reporting
Indicator | Supply | Electric Power Generation in the Russian Federation | Thermal Power Generation in the Russian Federation | Trading | Foreign Assets | Engineering | Corporate centre | TOTAL | |||
---|---|---|---|---|---|---|---|---|---|---|---|
Russian Federation | Inter RAO – Electricity Generation Group Represented by Group Inter RAO – Electric Power Plants, including JSC Nizhnevartovskaya TPP (accounted for under the equity method) (hereinafter in the Report). | TGC-11 Represented by JSC Tomsk Generation, JSC TGС-11, JSC Omsk RTS, and JSC Tomsk RTS (hereinafter in the Report). | Bashkir Generation Represented by Group Bashkir Generation Company, including LLC BashRTS (hereinafter in the Report). | Russian Federation and Europe | Georgia | Moldova | Turkey | Russian Federation | |||
Revenue, RUB mln | 632,368 | 177,358 | 33,036 | 57,217 | 73,495 | 12,587 | 8,490 | 5,740 | 30,674 | (68,383) | 962,582 |
Share of Segment’s revenue in total, % | 66 | 18 | 3 | 6 | 8 | 1 | 1 | 1 | 3 | –7 | 100 |
Operating expenses, including | |||||||||||
Purchased electricity and capacity, RUB mln | (368,026) | (6,999) | (2,664) | (3,942) | (48,496) | (6,607) | – | – | – | 64,938 | (371,796) |
Transmission fees, RUB mln | (218,047) | – | – | (5) | (7,402) | (1,715) | (64) | – | – | (1) | (227,234) |
Fuel expenses, RUB mln | – | (76,490) | (13,191) | (28,777) | – | – | (4,283) | (2,173) | – | 2,923 | (121,991) |
Share in loss of joint ventures, RUB mln | (89) | (3,057) | – | – | – | – | – | – | (55) | – | (3,201) |
EBITDA, RUB mln | 24,960 | 59,998 | 6,469 | 11,201 | 16,309 | 2,221 | 2,804 | 2,466 | 263 | (5,391) | 121,300 |
Depreciation and amortization, RUB mln | (2,721) | (14,106) | (1,660) | (4,160) | (177) | (595) | (284) | (1,683) | (161) | (1,054) | (26,601) |
Interest income, RUB mln | 1,607 | 3,374 | 65 | 225 | 22 | 59 | – | 30 | 311 | 4,574 | 10,267 |
Interest expenses, RUB mln | (540) | (155) | (160) | (6) | (22) | (239) | (34) | (192) | (96) | 254 | (1,190) |
Interest expenses on lease liabilities, RUB mln | (372) | (2,792) | (73) | (505) | (5) | (7) | – | – | (8) | (39) | (3,801) |
EBITDA margin, EBITDA margin was calculated excluding intersegment revenue of the ‘Supply in the Russian Federation’ segment in the amount of RUB 1.674 billion, the ‘Electric Power Generation in the Russian Federation’ segment in the amount of RUB 46.037 billion, the ‘Thermal Power Generation in the Russian Federation’ segment in the amount of RUB 15.388 billion (including TGC-11 in the amount of RUB 3.9 billion and Bashkir Generation in the amount of RUB 11.488 billion), the ‘Trading in the Russian Federation and Europe’ segment in the amount of RUB 2.053 billion, and the ‘Engineering in the Russian Federation’ segment in the amount of RUB 3.793 billion. % | 4 | 46 | 22 | 24 | 23 | 18 | 33 | 43 | 1 | – | 13 |
Share of Segment’s EBITDA in total, % | 21 | 50 | 5 | 9 | 13 | 2 | 2 | 2 | 0 | –4 | 100 |
Indicator | Supply | Electric Power Generation in the Russian Federation | Thermal Power Generation in the Russian Federation | Trading | Foreign Assets | Engineering | Corporate centre | TOTAL | ||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Russian Federation | Inter RAO – Electricity Generation Group | TGC-11 | Bashkir Generation | Russian Federation and Europe | Georgia | Moldova | Turkey | Russian Federation | ||||
Revenue, RUB mln | 580,846 | 165,690 | 31,525 | 53,322 | 58,618 | 10,092 | 6,129 | 10,541 | 15,100 | (62,659) | 869,204 | |
Share of Segment’s revenue in total, % | 67 | 19 | 3 | 6 | 7 | 1 | 1 | 1 | 2 | –7 | 100 | |
Operating expenses, including | ||||||||||||
Purchased electricity and capacity, RUB mln | (340,249) | (7,006) | (2,603) | (4,040) | (44,890) | (5,448) | – | – | – | 59,218 | (345,018) | |
Transmission fees, RUB mln | (201,689) | – | – | (5) | (5,537) | (1,022) | (38) | – | – | – | (208,291) | |
Fuel expenses, RUB mln | – | (76,559) | (12,604) | (28,064) | – | – | (1,942) | (7,987) | – | 2,596 | (124,560) | |
Share in (loss)/profit of joint ventures, RUB mln | (42) | 2,704 | – | – | – | – | – | – | (28) | 74 | 2,708 | |
EBITDA, RUB mln | 19,086 | 57,058 | 5,489 | 8,400 | 7,445 | 1,813 | 2,711 | 1,558 | (143) | (5,772) | 97,645 | |
Depreciation and amortization, RUB mln | (2,557) | (11,011) | (1,922) | (3,272) | (184) | (530) | (307) | (1,217) | (233) | (899) | (22,132) | |
Interest income, RUB mln | 3,509 | 1,924 | 7 | 254 | 65 | 23 | – | 32 | 344 | 2,619 | 8,777 | |
Interest expenses, RUB mln | (1,377) | (145) | (414) | (7) | (56) | (190) | (104) | (292) | (129) | 218 | (2,496) | |
Interest expenses on lease liabilities, RUB mln | (413) | (122) | (75) | (547) | (5) | (7) | – | – | (10) | (67) | (1,246) | |
EBITDA margin, EBITDA margin was calculated excluding intersegment revenue of the ‘Supply in the Russian Federation’ segment in the amount of RUB 1.533 billion, the ‘Electric Power Generation in the Russian Federation’ segment in the amount of RUB 41.911 billion, the ‘Thermal Power Generation in the Russian Federation’ segment in the amount of RUB 13.693 billion (including TGC-11 in the amount of RUB 3.636 billion and Bashkir Generation in the amount of RUB 10.057 billion), the ‘Trading in the Russian Federation and Europe’ segment in the amount of RUB 2.268 billion, and the ‘Engineering in the Russian Federation’ segment in the amount of RUB 3.356 billion. % | 3 | 46 | 20 | 19 | 13 | 18 | 44 | 15 | –1 | – | 11 | |
Share of Segment’s EBITDA in total, % | 19 | 58 | 6 | 9 | 8 | 2 | 3 | 1 | 0 | –6 | 100 |
Indicator | Supply | Electric Power Generation in the Russian Federation | Thermal Power Generation in the Russian Federation | Trading | Supply | Engineering | Corporate centre | TOTAL | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Russian Federation | Inter RAO – Electricity Generation Group | TGC-11 | Bashkir Generation | Russian Federation | Armenia | Georgia | Moldova | Kazakhstan | Turkey | Russian Federation | |||
Revenue, RUB mln | 564,238 | 156,576 | 30,131 | 53,476 | 81,025 | – | 11,879 | 4,850 | – | 15,356 | 8,926 | (58,275) | 868,182 |
Share of Segment’s revenue in total, % | 65 | 18 | 3 | 6 | 9 | – | 1 | 1 | – | 2 | 1 | –6 | 100 |
Operating expenses, including | |||||||||||||
Purchased electricity and capacity, RUB mln | (300,114) | (7,511) | (2,522) | (3,783) | (63,928) | – | (4,849) | – | – | – | – | 54,967 | (327,740) |
Transmission fees, RUB mln | (227,751) | – | – | (8) | (6,006) | – | (1,138) | (15) | – | – | – | – | (234,918) |
Fuel expenses, RUB mln | – | (73,318) | (12,606) | (28,281) | – | – | (954) | (132) | – | (11,545) | – | 2,433 | (124,403) |
Share in (loss)/profit of joint ventures, RUB mln | (13) | 3,075 | – | – | – | 1,838 | – | – | 774 | – | (59) | 57 | 5,672 |
EBITDA, RUB mln | 15,131 | 53,649 | 4,914 | 8,740 | 10,193 | 1,838 | 2,604 | 2,655 | 776 | 2,915 | (257) | (6,899) | 96,259 |
Depreciation and amortization, RUB mln | (2,175) | (11,710) | (1,740) | (3,370) | (193) | – | (594) | (350) | (2) | (1,638) | (207) | (925) | (22,904) |
Interest income, RUB mln | 3,756 | 895 | – | 382 | 281 | – | 62 | – | 1 | 50 | 252 | 3,816 | 9,495 |
Interest expenses, RUB mln | (1,708) | (3,969) | (779) | (114) | (210) | – | (146) | (221) | – | (456) | (101) | 475 | (7,229) |
EBITDA margin, EBITDA margin was calculated excluding intersegment revenue of the ‘Supply in the Russian Federation’ segment in the amount of RUB 1.37 billion, the ‘Electric Power Generation in the Russian Federation’ segment in the amount of RUB 38.826 billion, the ‘Thermal Power Generation in the Russian Federation’ segment in the amount of RUB 13.346 billion (including TGC-11 in the amount of RUB 3.365 billion and Bashkir Generation in the amount of RUB 9.981 billion), the ‘Trading in the Russian Federation and Europe’ segment in the amount of RUB 1.631 billion, and the ‘Engineering in the Russian Federation’ segment in the amount of RUB 3.239 billion. % | 3 | 46 | 18 | 20 | 13 | – | 22 | 55 | – | 19 | –5 | – | 11 |
Share of Segment’s EBITDA in total, % | 16 | 56 | 5 | 9 | 10 | 2 | 3 | 3 | 1 | 3 | 0 | –8 | 100 |