OREANDA-NEWS. On 01 July 2008 OJSC OGK-2 released audited financial statements for the year ended December 31, 2007, prepared in compliance with International Financial Reporting Standards (IFRS).

As of December 31, 2007, OGK-2’s fixed assets totaled 22,915,648 thousand rubles, representing an increase of 4,968,285 thousand rubles over the previous year. The company's total assets for 2007 was to 48,773,074 thousand rubles. OGK-2’s revenue was 33,785,684 thousand rubles. Loss for 2007 was 266,335 thousand rubles, compared to a profit of 2,434,013 thousand rubles for the prior year. The 2006 profit included the effect of the 4,307,159 thousand reversal of impairment of property, plant and equipment and assets under construction.

OGK-2's IFRS financial statements for the 2007 has been published on the site: http://www.ogk2.ru/rus/si/finances/finotch/index.wbp