OREANDA-NEWS. JSC OGK-5 has prepared the financial statement of the Company for 1Q 2007, made in accordance with the Russian Accounting Standards.

Balance Sheet as of March 31, 2007

The assets of JSC OGK-5 as of March 31, 2007 totaled 52,083,622,000 RUB. The current accounts receivable of JSC OGK-5 as of March 31, 2007 were 3,398,711,000 RUB. The non-current accounts receivable of JSC OGK-5 as of March 31, 2007 totaled 935,576,000 RUB. The current accounts payable of JSC OGK-5 as of March 31, 2007 were 2,790,823,000 RUB.

Profit and Loss Statement for 1Q 2007

The revenue of JSC OGK-5 for 1Q 2007 totaled 8,141,082,000 RUB (for 1Q 2006 – 4,742,362,000 RUB), while the gross profit totaled 1,085,641,000 RUB. The profit on sales of JSC OGK-5 for 1Q 2007 was 969,329,000 RUB. The surplus of profit over loss for 1Q2007 totaled 617,027,000 RUB. The profit tax and other similar compulsory payments of JSC OGK-5 for 1Q 2007 totaled 301,146,000 RUB. The net profit of JSC OGK-5 for 1Q 2007 totaled 51,156,000 RUB.