General review

2013 2012 2011
RUR thous.
Overall revenues, including 57 443 525 51 334 978 54 571 746
Revenues from transmission 55 257 665 49 691 276 52 866 144
Revenues from connection 1 883 512 1 268 360 1 327 617
Other revenues 302 348 375 342 377 985
Expenses 54 047 304 48 490 674 50 063 731
Gross profit 3 396 221 2 844 304 4 508 015
Management expenses 886 195 867 006
Sales profit 2 510 026 1 977 298 4 508 015
Interest receivable 89 610 49 527 24 276
Interest payable 732 152 487 901 240 650
Participation capital 281 624 251 708 291 161
Other revenues, total 3 973 676 11 784 687 5 556 883
Other expenses, total 5 032 268 12 791 854 7 099 869
Pre-tax profit 1 090 516 783 465 3 039 816
Income tax and other payments 735 935 157 651 491 766
Net profit 354 581 625 814 2 548 050
From operations –1 014 088 –288 136 1 602 143
From connection 1 368 669 913 950 945 907

Overall revenues in 2013 totaled RUR 57 444 mln (+ RUR 6 109 mln. or 12% on 2012. Revenues from energy transmission totaled RUR 55 258 mln. (+ RUR 5 566 mln on 2012) and grew due to the uplift of transmission tariff since 01.07.2013. Revenues from connection in 2013 totaled RUR 1 884 mln. (+ RUR 615 mln. on 2012). Overall expenses totaled RUR 54 047 mln. (+ RUR 5 557 mln. or 11.5% on 2012. Therefore, gross profit, in comparison to 2012, increased by RUR 552 mln. and totaled RUR 3 396 mln. Management expenses in 2013 totaled RUR 886 mln. Pre-tax profit totaled RUR 1 091 mln. exceeding 2012 pre-tax profit by RUR 307 mln. As of 2013 net profit totaled RUR 355 mln. (- RUR 271 mln on 2012), including profit from connection equaling RUR 1 369 mln.