OREANDA-NEWS. OJSC Enel OGK-5 published its operating results and unaudited IFRS financial results for the first half of 2013. Operating Results In the first half of 2013 net power output stood at 20,475 GWh, down by 1,618 GWh or 7% compared to the corresponding period of the previous year. The decrease was mainly attributable to higher power output by hydro and new CCGT plants in European Russia, as well as lower output at Reftinskaya GRES as a result of higher amount of maintenance activities. Total power sales stood at 23,173 GWh, 7% below the figure posted in the same period of 2012, with sales from the free market accounting for 83% of the total amount. Financial Results Operating revenues totaled 32,656 million RUR, an increase of 5% compared to the same period of 2012 mainly thanks to higher prices registered on the free power market, the increase in free capacity tariffs for conventional units and better average heat tariffs partially offset by lower power sales volumes. EBITDA in the first half of 2013 stood at 8,311 million RUR, 907 million RUR higher than the figure posted in the same period of the previous year (+12%). The growth in EBITDA mainly came from better profitability of power sales of the new CCGT units and Reftinskaya GRES, higher capacity revenues, as well as contained growth of fixed costs.Net profit for the period stood at 2,005 million RUR, 26% below the net profit registered in the first half of 2012. The decrease in net profit was attributable to the bad debt provision booked in the reporting period. Net debt as of June 30th, 2013 stood at 25,441 million RUR, 2% above the figure posted at year-end 2012.