OREANDA-NEWS. November 18, 2013. IDGC of Urals (RTS and MICEX: MRKU) reports on 9M 2013 results prepared under Russian Accounting Standards (RAS).

The Company's revenues in 9M2013 totaled RUR 40 199.9 mln. (+1.8% on 9M2012). Our expenses as of 9M2013 totaled RUR 38 810.0 mln. (+8.2%).

For 9M 2013 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, OAO (est. in February 2005) is a grid company responsible for energy transmission and technological connection of consumers to electric networks in Sverdlovsk, Chelyabinsk and Perm regions. As of 2012 the revenues from services totaled RUR 51.3 bln., net profit reached RUR 0.6 bln (under RAS). Overall energy supply in 2012 amounted to 76.1 bln. kWh, productive supply totaled 70.1 bln. kWh, energy losses reached 6.0 bln. kWh. Common shares are traded on MICEX (Quotation list "A2"). Free float is about 20%. Moody's rating - Ba2 (Outlook Stable)/Aa2. For additional information on the Company, please, visit our corporate web-site at www.mrsk-ural.ru, as well as information disclosure systems.