Publication date: 04.03.21
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Unipro Publishes RAS Accounting Statements for 2020

Unipro PJSC publishes the accounting statements for 2020 prepared according to the Russian Accounting Standards (RAS).

In 2020, Unipro PJSC revenue declined by 5.2% and amounted to RUB 80.3 bln.

The decline in revenue was due to a lower power generation by Unipro PJSC power plants and decline in DAM prices resulting from the effects of the coronavirus disease pandemic and OPEC+ deal to cut oil production, high hydrogeneration output, and unusually warm winter.

Lower figures for profit before tax were primarily due to revenue decline.

Net profit in the reference period amounted to RUB 15.0 bln (-19.7% as compared to 2019).

Unipro PJSC Financials for 2020 (RUB ’000)

 

2020

2019

Dynamics

Revenue

80,286,268

84,761,696

-5.28%

Cost of sales

(60,507,529)

(60,149,462)

0.60%

Profit before tax

18,545,599

23,181,299

-20.00%

Net profit

15,040,092

18,729,072

-19.70%