OREANDA-NEWS. April 21, 2011. IDGC of Urals, (RTS and MICEX: MRKU) reports on 2010 results prepared under Russian Accounting Standards (RAS).

The Company's revenues in 2010 totaled RUR 49 783.8 mln. (+20.5% on 2009).

Our expenses as of 2010 totaled RUR 44 842.7 mln. (+22.4%), reported the press-centre of IDGC of Urals.

For 2010 accounting statements prepared under Russian Accounting Standards (RAS), please, visit our corporate web-site at "Financial Statements" section (or follow the link: http://www.mrsk-ural.ru/en/672).

"IDGC of Urals"(est. in February 2005) is grids company responsible for energy transmission and technological connection of consumers to electric networks in Sverdlovsk, Chelyabinsk and Perm regions.

Electric network reform process in the Urals came to an end in April, 2008, and since May 1, 2008 "IDGC of Urals" is a united operating company exercising control over 3 regional branches (Sverdlovenergo, Chelyabenergo and Permenergo) as well as 2 core-asset affiliated companies ("Ekaterinburg Electric Grid Company", "Ekaterinburgenergosbyt").

As of 2010 the revenues from services totaled RUR 49.8 bln., net profit reached RUR 1.7 bln (under RAS). Overall energy supply in 2010 amounted to 78.4 bln. kWh, productive supply totaled 72.0 bln. kWh, energy losses reached 6.3 bln. kWh.

Common shares are traded on MICEX (Quotation list "B") and in RTS (Stock admitted for trading without listing). Free float is about 20%.

For additional information on the Company, please, visit our corporate web-site at www.mrsk-ural.ru, as well as Complex Information Disclosure System (www.skin.ru), Interfax (www.interfax.ru), AKM (www.akm.ru).