Source Pravda.Ru

RAO UES posts profits figures

According to the Russian accounting standards, RAO UES's net profits amounted to 22.713bn rubles (about $721m) in the first half of 2002, which was thrice as much as in the corresponding period of last year when it was 7.57bn rubles ($240m), the public relations department of RAO UES told RBC. Revenues from product and service sales were 23.872bn rubles ($758m), compared to 16.476bn rubles ($523m) in the first six months of 2001. Revenues from fees amounted to 18.869bn rubles ($599m). The production cost of the company's products was 7.702bn rubles ($244.5m). Sales profit was 15.165bn rubles ($481m). The energy holding's non-operating gains advanced by more than 100 times and amounted to 16.836bn rubles ($534.5m) in the first six months of 2002.

The company's accounts payable decreased by 10 times from 50.853bn rubles ($1.61bn) at the beginning of 2002 to 6.155bn rubles ($195m). The amount of loans and credits surged from 15.598bn rubles ($495m) to 18.14bn rubles ($576m). RAO UES's debt to the budget eased back from 3.088bn rubles ($98m) to 753m rubles ($24m).

The amount of short-term accounts receivable retreated almost twice as much from 42.524bn rubles ($1.35bn) to 21.635bn rubles ($687m). The energy holding's balance was 302.692bn rubles ($9.61bn).

©

&to=http://www.rao-ees.ru/en' target=_blank>RAO UES

Comments
Russian Defense Minister speaks about war with Ukraine, US and fight for Crimea
Russian Defense Minister speaks about war with Ukraine, US and fight for Crimea
Is President Trump a traitor because he wants peace with Russia?
Is President Trump a traitor because he wants peace with Russia?
Is President Trump a traitor because he wants peace with Russia?
Trump versus the Traitors on Capitol Hill
Trump versus the Traitors on Capitol Hill
Is President Trump a traitor because he wants peace with Russia?
Europe suspects Ukraine was part of failed special operation to shoot down MH17
Lightning strikes tree under which five people were hiding from heavy rain
Europe suspects Ukraine was part of failed special operation to shoot down MH17
Russia to prove its innocence in MH17 disaster
Trump versus the Traitors on Capitol Hill
Putin warns of consequences should Georgia and Ukraine become NATO members
Trump versus the Traitors on Capitol Hill
Trump versus the Traitors on Capitol Hill
Putin warns of consequences should Georgia and Ukraine become NATO members
Putin-Trump summit in Helsinki held in the cross hairs of the Russian fleet
Can USA and Russia reset their relationship in Helsinki or is it a waste of time?
Trump versus the Traitors on Capitol Hill
Russia to prove its innocence in MH17 disaster