Fgc Rosseti · RUS:FEES
Fgc Rosseti — Rosseti FGC UES — 9M 2021 Earnings Presentation
9 slides from Fgc Rosseti's earnings presentation, November 2021
Slide 1: IFRS Consolidated Financial Results of the FGC UES Group for 9 Months 2021
ROSSETI FGS UES IFRS CONSOLIDATED FINANCIAL RESULTS OF THE FGC UES GROUP FOR 9 MONTHS 2021 November 2021 Moscow
Slide 2: Disclaimer
DISCLAIMER • The information contained in this presentation has been prepared by the Company and presented on an “as is” and “as available” basis, and, consequently, you shall bear the risks associated with the use of, and reliance upon, such information. The recipient shall not rely upon the inform
Slide 3: Operating Highlights
OPERATING HIGHLIGHTS Electricity supply from UNEG to consumers, Connected capacity, billion kWh (for the period) GVA +7.3% 421.4 +11.8% 392.6 1.9 1.7 9М2020 9М2021 9М2020 9М2021 Number of substations and transformer capacity Power lines length, Thousand units/GVA million km +0.3% 886 +0,0% 889 +0.7%
Slide 4: Key Events
KEY EVENTS • The Kochubeevskaya Wind Farm, Russia's • The construction site of Amur Gas Chemical Complex • Standard and Poor's credit rating agency largest wind power generation facility with a has been connected to the grid. upgraded its assessment of PJSC FGC capacity of 210 MW, has its utilities
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS Revenue and operating expenses, EBITDA adj.1, Net profit, RUB bln RUB bln +3.6% +5.4% +10.0% 104.0 107.7 185.7 -6.5% 176.2 112.2 123.4 58.5 54.7 9М2020 9М2021 9М2020 9М2021 Revenue Operating expenses EBITDA adj. Net profit Net debt, Net cash flow from operating activities, RUB b
Slide 6: Revenue Structure
REVENUE STRUCTURE INDICATOR 9M2021 9M2020 CHANGE Структура выручки 2020 RUB bln RUB bln RUB bln % 0.8% 2.8% Electric power transmission Total revenue, 0.6% including: 185.7 176.2 9.7 5.4 Electricity sales Electric power 177.9 112.2 12.5 7.6 transmission Technological connection services Construction
Slide 7: Operating Cost Structure
OPERATING COST STRUCTURE INDICATOR 9М2021 9М2020 CHANGE RUB bln RUB bln RUB bln % Amortization 33.6 30.2 3.4 11.3 Purchased electricity for production 31.5 26.5 5.0 18.9 needs Fuel for mobile gas-turbine electricity 0.6 0.02 0.58 +30х plants Taxes and duties 11.0 10.3 0.7 6.8 Electricity transmissio
Slide 8: Debt Profile
DEBT PROFILE DEBT REPAYMENT STRUCTURE1, Debt profile as of 30 September 2021 RUB bln • Principal amount of debt: RUB 227.1 bln • Cost of debt: as of 30 September 2021 – 7.5% as of 31 December 2020 – 5.8% 40 40 30 30 • Average debt maturity: more than 17 years 19 17 • Debt structure comprised of long
Slide 9: Glossary
GLOSSARY General UNEG – the Unified National Electric Grid PJSC “FGC UES” - ROSSETI FGC UES PJSC “FGC UES” and its subsidiaries - the Group PJSC “ROSSETI” - ROSSETI Financial metrics Adjusted EBITDA is calculated as EBITDA (earnings for the period before income tax, financial expenses and depreciati