Tgk-1 · RUS:TGKA
Tgk-1 — Tgc-1 — 9M 2015 Earnings Presentation
11 slides from Tgk-1's earnings presentation, Nov 19, 2015
Slide 1: JSC TGC-1 9M 2015 IFRS Results
JSC TGC-1 9M 2015 IFRS Results November 19, 2015 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 ext
Slide 3: Operational and Financial Highlights for 9M 2015
Operational and Financial Highlights for 9M 2015 Operational Highlights Financial Highlights, mn RUR 9M 2014 9M 2015 Change 9M 2014 9M 2015 Change Installed Capacity, MW 7,244 7,057 -2.6% Revenue 47,940 48,049 +0.2% Electricity Production, mn kWh, Including: 19,139 18,841 -1.6% Operating Expenses, I
Slide 4: Dynamics of Sale Prices for Electricity at the Day-ahead Market
Dynamics of Sale Prices for Electricity at the Day-ahead Market TGC-1’s Regional Sale Prices for Electricity at the Day-ahead Market, RUR/ MWh 9М 2014 9М 2015 -20.1% 1,061.56 Kolsky Branch 848.16 1,005.85 -4.3% Karelsky Branch 960.99 915.67 +12.2% 1,027.49 Nevsky Branch TGC-1 1,015.22 -5.2% 962.85 4
Slide 5: Dynamics of Prices for Electricity at the Day-ahead Market: CHPs and HPPs
Dynamics of Prices for Electricity at the Day-ahead Market: CHPs and HPPs 1,300 TGC-1’s Sale Price for Electricity at the Day-ahead Market, RUR/MWh 1,200 1,100 1,000 900 800 700 TGC-1 CHP HPP 600 oct nov dec jan feb mar apr may jun jul aug sep oct nov dec jan feb mar aprmay jun jul aug sep 2014 2015
Slide 6: Revenue
Revenue Revenue, mn RUR Revenue Structure* 9M 2014 9M 2015 0.9% 1.5% 1.9% 0.9% Heat +0.2% Electricity 47,940 48,049 19.9% 16.8% 37.4% 40.8% Capacity 40.3% 39.6% Exports 9М 2014 9М 2015 Other Prices and Tariffs*, mn RUR Revenue Change Factors 9M 2014 9M 2015 Change Exports growing by over twice; Av
Slide 7: Variable Costs
Variable Costs Variable Costs, mn RUR Fuel Expenses, mn RUR 9M 2014 9M 2015 Change Fuel 19,305 17,839 -7.6% Electricity, Capacity and Heat Purchases 3,963 4,229 +6.7% -7.6% 19,305 17,839 Water Usage Expenses 1,682 1,754 +4.3% Other Materials 501 512 +2.2% Heat Transmission 761 1,211 +59.1% Total Var
Slide 8: Fixed Costs and Depreciation
Fixed Costs and Depreciation Fixed Costs, mn RUR Taxes other than Income Tax, mn RUR 9М 2014 9М 2015 Change Employee Benefits 5,186 5,438 +4.9% Repairs and Maintenance 1,968 2,207 +12.1% Taxes Other than Income Tax 802 888 +10.7% Fees of Electricity Market Operators 626 637 +1.8% +10.7% 888 802 Oper
Slide 9: Debt and Liabilities
Debt and Liabilities Debt Structure, mn RUR Net Debt*/ EBITDA 29,953 -4.9% 28,486 Short-term 30,000 4.0 8,693 6,160 Borrowings 3.5 -29.1% Net Debt 25,000 3.0 2.1 20,000 2.5 2.0 EBITDA for 12 27,688 15,000 2.0 Long-term 27,873 months** 21,260 +5.0% 22,326 1.5 Borrowings Net Debt/ 10,000 13,209 13,818
Slide 10: EBITDA and Profit Bridge
EBITDA and Profit Bridge EBITDA, mn RUR Profit Bridge for 9M 2015, mn RUR +171 -2,025 -1,034 +5.2% 12,304 11,695 6,924 4,036 9М 2014 9М 2015 Operating Profit * Finance Income Finance Costs Income Tax Profit/ Total Expense Comprehensive Income * Including government grant of 566,532 thous. RUR, compe
Slide 11: 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) 901-32-97 +7 (812) 901-34-77 [email protected] [email protected] 11 TGC-1 9M 2015 IFRS Results