Business model

Incoming Capital Assets The figures are as of December 31, 2018.

Results for Stakeholders The fgures are as of December 31, 2018.

Financial capital

The Company strains after increasing its intrinsic value and boosting investment potential through guaranteed dividend payouts to shareholders and interest payments to lenders.

+3%
y-o-y
586

RUB bn

own fund
+16%
y-o-y
196.8

RUB bn

debt funds
+5.3%
y-o-y
109.7

RUB bn

EBITDA
4.5%
in 2017
5.5%
return on Equity (ROE)
1.4
in 2017
1.2
net debt / EBITDA


11.2

RUB bn

dividends payouts to shareholders (50% of net profit under IFRS)


12.464

RUB bn

Free cash flow
(FCF)

Property plant and equipment

The Company ramps up electricity generation capabilities by improving the performance of generation programs and investment projects adjusted to their economic efficiency.

39370

MW

installed electric output


18924

Gcal/h

installed heat output
+0.5%
y-o-y
104.7

‘000 km

OHL length
+0.8%
y-o-y
331

MW

growth of installed electricity capacity
+2.3%
y-o-y
426.9

Gcal/h

growth of installed heat capacity


- 11.5%

y-o-y

accident reduction
+2.8%
y-o-y
144.3

bn kWh

electric power generation
–0.9%
y-o-y
29864

‘000 Gcal

foe output


884

MW

providing an option for grid connection of consumers to the maximum capacity

Natural capital

As the leader of low-carbon power generation in Russia, the Company ensures the reliability and safety of production facilities and seeks to reduce the negative environmental impact.

+5.9%
y-o-y
787

mn cu m

water used
+4.2%
y-o-y
17.5

mn tonnes

coal used in 2018
+24.2%
y-o-y
6.4

bn cu m

gas used in 2018
+3.0%
y-o-y
239

‘000 fuel tonnes

other fuels used
+5%
y-o-y
1.7

RUB bn

environmental costs
–2.1%
y-o-y
769.6

in tonnes of CO2-eq

reducing specific GHG emissions from TPP
–10.3%
y-o-y
63

tonnes

total hazardous waste class I and II

Social and reputational capital

The Company contributes to the implementation of government tasks to speed up socio-economic development of the presence regions.

Russia's first and the world’s fourth-biggest

among peer companies with a predominant share of hydrogeneration

Russia’s leader

in renewable energy recovery

Electricity tariff

reduction for end consumers through the application of the tariff equalization mechanism in the Far Eastern Federal District



81.2

RUB bn

taxes paid to the budgets of various levels


28%

Purchases

only from SMEs
Contribution to the safety

of water bodies (anti-flood function and participation in emergency response)

In 2018, RusHydro granted

financial assistance to the following entities:

  • 21 health facilities,
  • 6 sports schools and clubs,
  • 18 orphanages and shelter-care facilities,
  • 9 rehabilitation centers for non-adults, and
  • 35 charitable foundations and non-commercial entities.

Intellectual capital

The Company works towards the upgrade in economic and operational efficiency through the deployment of innovative technical and managerial solutions.

7
design institutes
20
partner universities
3.04

RUB bn

innovative Development Program financing
Establishment of the Institute

of Hydropower and Renewables at the National Research University Moscow Power Engineering Institute

Human capital

The Company offers development opportunities, safe working conditions, and fair remuneration to its employees.

69.7

‘000 people

headcount
Corporate
University of
Hydropower
339

RUB mn

training costs
36,537

training courses

RusHydro Group’s employees attended