TGK-1 · RUS:TGKA
TGK-1 — JSC Tgc-1 — Q1 2012 Earnings Presentation
10 slides from TGK-1's earnings presentation, Jun 4, 2012
Slide 1: JSC TGC-1 1Q 2012 IFRS Results
JSC TGC-1 1Q 2012 IFRS Results June 4, 2012 Saint Petersburg
Slide 2: Disclaimer
Disclaimer The information contained herein has been prepared using information available to JSC “TGC-1”( hereinafter - TGC-1 or the Company) at the time of preparation of the presentation. Since making a presentation on the activities of TGC-1 and the content of the presentation could affect the ex
Slide 3: Operational Highlights
Operational Highlights Highlights Operational Results Change Factors 2010 2011 Change Increase in the CHPs output in the 1Q 2012 on the account of the new CCGT units commissioning at Yuzhnaya and Pervomayskaya CHPs – new units’ production totaled 980 mln kWh (11.5% of the total Electricity Product
Slide 4: New Capacity Performance
New Capacity Performance Pervomayskaya CHP – 360 MW Operational Performance of the New Capacity for 3M 2012* Supply of capacity by CCGT-180 №1 to the wholesale market since March Yuzhnaya Pervomayskaya Pervomayskaya 1, 2011 CHP (CCGT CHP (CCGT 180 CHP (CCGT 180 CCGT-180 №2 commissioned at 450) №
Slide 5: Financial Highlights
Financial Highlights Highlights, mn RUR Revenue Change Factors The sales of electricity and capacity decreased due to decline of electricity 3М 2011 3М 2012 Change prices of the day-ahead market and a withdrawal the status of “forced generation” from eight power plans of the Company in 2012 which
Slide 6: Operating Expenses
Operating Expenses Main Expenses Changes Factors Main Expenses Highlights, mn RUR Operating Expenses 3М 2011 3М 2012 Change Increase of Fuel Expenses associated with a growth of electricity generation by the Company’s CHP, as well as Fuel 9,174 9,515 +4% purchase prices for heating oil and coal in
Slide 7: Debt and Liabilities
Debt and Liabilities Debt Structure, mn RUR Net Debt*/ EBITDA 33,867 32,501 45 000 4,0 3.6 3.8 40 000 3,8 Long-term 35 000 3,6 Net debt -33% borrowings 14,946 3,4 22,468 30 000 3,2 25 000 EBITDA for 3,0 20 000 42,524 40,780 12M 2011** Short-term 2,8 borrowings 15 000 2,6 Net 17,555 10 000 2,4 debt/E
Slide 8: Appendix
Gur Appendix
Slide 9: Key Investments Projects
Key Investments Projects Commissioned Commissioned Electric Year of Commissioning Station Type of Work Thermal Power Power (MW) (status*) (Gcal/h) 2009-2013 (150.5 MW Vuoksi HPPs Cascade Gradual replacement of hydropower units 8×30 - commissioned in 2009- 2011) Reconstruction of the plant with repla
Slide 10: Thank you for Your Attention!
Thank you for Your Attention! Contacts for mass-media Contacts for investors and analysts +7 (812) 901-32-84 +7 (812) 901-32-96 +7 (812) 901-34-77 +7 (812) 901-32-97 press_tgc1@tgc1.ru ir@tgc1.ru 10