PJSC Rosseti Volga has published its results of operations for the three months ended March 31, 2021 in accordance with IFRS

25 may 2021

Rossetti Volga has published consolidated financial statements for the three months ended March 31, 2021 in accordance with International Financial Reporting Standards (IFRS). The revenue of Rosseti Volga for the reporting period amounted to 16,636,759 thousand rubles, including from the provision of electricity transmission services - 16,523,766 thousand rubles, from  technological connection to power grids - 52,867 thousand rubles and other revenue - 60,126 thousand rubles.

Data in thousands of rubles, unless otherwise specified

Indicators,% 3 months, 2020 3 months, 2021 Changes,%
Revenue (total), including: 16,220,658 16,636,759 2.57
Electric power transmission 16,140,049 16,523,766 2.38
Technological connection to electric power girds 33,194 52,867 59.27
Other revenue 47,415 60,126 26.81
Operating expenses (15,116,550) (16,350,248) 8.17
Accrual (recovery) of a provision for expected credit losses (42,853) 27,494 -164.16
Net other (expenses)/income 66,886 44,670 -32.20
Operating profit/(loss) 1,127,141 356,675 -68.36
 Profit/loss for the period  823,538  259,690  -68.47
Indicators,% December 31, 2020 March 31, 2021 %
 Total capital 38,540,798  38,958,362  1.08
 Total assets  61,486,820 61,144,935  -0.56
 Credits and borrowings received 6,869,923   6,879,441  0.14
 Cash and cash equivalents 563,797  670,986  19.02

The profit compared to the same indicator of the previous period decreased by
563,848 thousand rubles. The consolidated financial statements of the Company can be found on the website:

http://www.rossetivolga.ru/eng/to_shareholders_and_investors/information_disclosure_by_the_company_and_the_reporting_information/financial_(accounting)_reporting_according_to_ifrs_/