Key figures [102-7]

Financial data in accordance with IFRSHereinafter, operating costs, profit, EBITDA and margins for 2017–2018 are aligned with the Group’s 2018 consolidated financial statements stated using the new accounting method. The 2017 reporting data were restated due to changes in the Group’s accounting policy with PP&E recognized at historical cost less accumulated depreciation, amortization and impairment losses. The 2016 reporting data do not take into account the change in the accounting policy. The full text of the accounting policy is included in the Group’s 2018 consolidated financial statements.

Revenue and operating costsRevenue includes government grants. Revenues and operating expenses for 2016 and 2017 are reported without effect of the new IFRS 15 “Revenue from contracts with customers”. The Group has beeb applying IFRS 15 requirement prospectively since January 1, 2018. RUB mn

Net income,  RUB mn

EBITDA,  RUB mn

САРЕХExcl. VAT RUB mn

Total and net financial debt,
RUB bn, leverage as at the year-end Financial debt is calculated as the sum of long-term and short-term liabilities (less accrued interest payable as at the reporting date), liabilities on the non-deliverable forward with VTB Bank at the end of 2017–2018, and RusHydro’s guarantee obligations on Boguchanskaya HPP loan by Vnesheconombank under the Group’s IFRS financial statements at the end of 2016–2017. Net financial debt is calculated as financial debt less cash and cash equivalents (including bank deposits for up to one year). Therefore, the data for 2016–2017 may differ from the data included in the Company’s annual report for 2017.
Margin performance EBITDA margin and net margin factors in other operating income generated by RusHydro Group in 2016 (RUB 12.4 bn), in 2017 (RUB 0.7 bn) and in 2018 (RUB 5.5 bn) and is calculated as insurance proceeds and profits from changes in the value of financial assets at fair value through profit or loss, from sale of assets and subsidiaries, and dividends received. , %

Operational performance

Installed capacityIncluding PJSC Boguchanskaya HPP (a joint venture of PJSC RusHydro and RUSAL) and HPP-2of PJSC KamGEK and excluding HPP-1and HPP-3 of PJSC KamGEK, assets held in trust., MW
Electricity generation, bn kWh

Heat supply,  ‘000 Gcal