OJSC «OGK-2» 3M 2013 IFRS Results May 27, 2013.

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Presentation transcript:

OJSC «OGK-2» 3M 2013 IFRS Results May 27, 2013

Disclaimer The information contained herein has been prepared using information available to JSC “OGK-2”( hereinafter - OGK-2 or the Company) at the time of preparation of the presentation. Since making a presentation, on the activities of OGK-2 and the content of the presentation could affect the external or other factors. In addition all relevant information about OGK-2 may not be included in this presentation. No representation or warranty, expressed or implied, is made as to the accuracy, completeness or reliability of the information. Any forward looking information herein has been prepared on the basis of a number of assumptions which may prove to be incorrect. Forward looking statements, by the nature, involve risk and uncertainty. OGK-2 cautions that actual results may differ materially from those expressed or implied in such statements. Reference should be made to the most recent Annual Report for a description of the major risk factors. This presentation does not constitute or form part of any advertisement of securities, any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for, any shares in OGK-2, nor shall it or any part of it nor the fact of its presentation or distribution form the basis of, or be relied on in connection with, any contract or investment decision.

OGK-2: Operational and Financial Highlights Operational Highlights1 Financial Highlights, mn RUR 3M 2012 3M 2013 Change Electricity Output, mn kWh 21,100 18,509 -12.3% Effective Electricity Output Without Regard to Financial Operations, mn kWh 22,080 19,246 -12.8% Heat Output, thousand Gcal 2,378 2,480 +4.3% Fuel Rate on Electricity, g/kWh 350.6 346.6 -1.1% Fuel Rate on Heat, kg/Gcal 151.6 151.3 -0.2% Installed Capacity Utilization Factor, % 54.0 47.6 -6.4 p.p. 3M 2012 3M 2013 Change Revenue 27,118 28,145 +3.8% Operating Expenses (25,635) (24,612) -4.0% Operating Profit 1,367 3,587 +162.4% EBITDA2 2,656 4,739 +78.4% Profit for the Period 589 2,519 +327.7% Management report data. EBITDA = Operating profit + Depreciation and Amortization

OGK-2: Revenue Revenue Structure, mn RUR Structure of Electricity Sales Volume at OREM1 for 3M 20132 Electricity and Capacity OREM Revenue Structure for 3M 20131 Prices and Tariffs2 Parameter 3М 2013 Average Electricity Price at the Free Market, RUR/MWh 947.1 Average Heat Tariff, RUR/Gcal 587.6 Average price for new capacity, RUR/MW per month 347,495.9 Average price for old capacity, RUR/MW per month 136,934.4 Wholesale market of electricity and capacity Management report data

OGK-2: Operating Expenses Operating Expenses Structure, mn RUR

OGK-2: EBITDA and Profit EBITDA1, mn RUR Profit Bridge for 3M 2013, mn RUR EBITDA = Operating Profit + Depreciation and Amortization

Maturity Profile, as of 31 March, 2013, mn RUR OGK-2: Debt Debt Structure, mn RUR Maturity Profile, as of 31 March, 2013, mn RUR Net Debt, mn RUR Net Debt = Total Debt less Cash and cash equivalents EBITDA for 12 months, ended March 31, 2013 = EBITDA for 2012 + EBITDA for 3 months of 2013 - EBITDA for 3 months of 2012

Thank You For Your Attention! IR contacts: Alina Rassmagina Tel.: +7 (495) 428-54-28, ext. 2423 Email: RassmaginaAZ@ogk2.ru Большое спасибо за внимание! Надеемся, полученная Вами информация будет полезна. Вы также можете направить нам вопросы в письменном виде, на которые наши специалисты по взаимоотношениям с инвесторами ответят Вам.