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Statement re 10% drop in Net Profit

30th Oct 2009 14:36

RNS Number : 6971B
JSC RusHydro
30 October 2009
 



Information on events that caused a one-off (increase) drop of over 10% in the issuer's net profit (by Russian Accounting Standards)

1. An event that caused a one-off 10% drop in the issuer's net profit. The drop in net profit was caused by a technological accident at the P.S. Neporozhny Sayano-Shushenskaya HPP which is a RusHydro branch (drop in proceeds from the core business activity of the branch resulting in additional expenses for purchases of electric power (capacity) as well as additional expenditures on accident and restoration works and emergency response action).

 

2. The date of even that caused a one-off increase of over 10% in the Issuer's net profit or net losses -  30 October 2009. 

 

3. The value of the Issuer's net profit over the reporting period preceding the reporting period during which the material fact occurred (2 quarter of 2009) - 9,566,022,000 rubles (by Russian Accounting Standards)

 

4. The value of the Issuer's net profit over the reporting period (a quarter, a year) during which the material fact occurred (3 quarter of 2009) - 7,496,285,000 rubles (by Russian Accounting Standards)

 

5. Variation of the Issuer's net profit in absolute terms and percentage-wise:

In absolute terms: - 2,069,737,000 rubles

Percentage-wise: - 21.64%.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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