OREANDA-NEWS. JSC OGK-5 has prepared the financial statements of the Company for the first half of 2007 in accordance with the Russian Accounting Standards (RAS).

Balance Sheet as of June 30, 2007

JSC OGK-5’s assets as of June 30, 2007 totaled 52,449,168 thousand RUB. The current accounts receivable of JSC OGK-5 as of June 30, 2007 totaled 4,738,150 thousand RUB, the non-current accounts receivable - 980,331 thousand RUB. The current accounts payable of JSC OGK-5 as of June 30, 2007 totaled 2,632,505 thousand RUB.

Profit and Loss Statement for 1H 2007

The revenue of JSC OGK-5 in 1H 2007 totaled 16,152,923 thousand RUB (in 1H 2006 – 11,930,472 thousand RUB), while the gross profit totaled 1,901,840 thousand RUB. The profit on sales of JSC OGK-5 in 1H 2007 totaled 1,669,533 thousand RUB. The other expenses of JSC OGK-5 in 1H 2007 surpassed the other income by 593,530 thousand RUB. The income tax and other similar compulsory payments of JSC ‘OGK-5’ in 1H 2007 amounted to 588,523 thousand rubles. The net profit of JSC OGK-5 in 1H 2007 totaled 739,740 thousand rubles.