Source Pravda.Ru

RAO UES of Russia discloses financial results of 2001 according to US GAAP

The net profit of RAO UES of Russia (parent company) was RUR41.6 billion (around $1.32 billion) in 2001 according to US GAAP, Anatoliy Chubais, the company's CEO, said today reporting at the annual general shareholders' meeting in Konakovo of the Tver region. The approved data on the company's net profit was provided by the company's auditor PricewaterhouseCoopers.

The company's consolidated profit grew more than 80 times in 2001 as compared to the figure reported in 2000, the company's CEO pointed out. Additionally, the company's revenues rose 37 percent to RUR400.05 billion (around $12.71 billion), operating profit grew 50 percent to RUR59.49 billion (around $1.89 billion), while the recommended dividends for 2001 increased 30 percent. According to Russian accounting standards, RAO UES of Russia's net profit was RUR14.01 billion (around $444.8 million) in 2001 (against RUR9.502 billion or $301.8 million in 2000), operating revenues - RUR454.48 billion (around $14.44 billion) (as compared to RUR335.65 billion or $10.66 billion posted in 2000), pre-tax profit - RUR46.30 billion (around $1.47 billion) (up from RUR28.19 billion or $895.77 million reported in 2000).

©

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

Comments
Americans force Russia to create weapons even more powerful than S-500
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Atmosphere above Russia contaminated with radioactive substance
Russian general says allegations of his involvement in MH17 crash are stupid
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Russia unveils the date for the launch of the superbridge to Crimea
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Russia on the eve of another Crimea referendum
Russia to install laser navigation system on the Moon
USA looking for reason to see nuclear weapons in action
Russia to build its own terminals in Egyptian airports
Putin prepares bitter and hysterical missile surprise to 'American partners'
Darwin and the Capital
Darwin and the Capital
Russian general says allegations of his involvement in MH17 crash are stupid
Russian general says allegations of his involvement in MH17 crash are stupid
IOC bars Russian athletes, excludes Russian national anthem and flag from Winter Olympics 2018