JSC “REP Holding” publishes the consolidated accounting (financial) statements for 2020, prepared in accordance with RAS.
Main indicators of the financial results report
|Income||13 542||14 185|
|Cost of revenue||10 136||10 427|
|Gross profit||3 406||3 758|
|Net profit (negative profit)||(3 580)||716|
|Capital account||(18 456)||24 898|
|EBITDA (negative profit)||(1 169)||1 854|
The company's income amounted 14.2 billion rubles, which is 4.7% more than in 2019. EBITDA increased up to 1.85 billion rubles and became positive compared to the previous year. Gross profit increased by 10.34% and amounted 3.76 billion rubles.
For the first time ever 2012, the company achieved the positive financial result, net profit amounted 716 million rubles.
A significant improvement in the financial performance of JSC “REP Holding” at the end of 2020 was facilitated by the active implementation of unified intra-group approaches to planning and optimization of activities used inside the group of “Gazprom Energoholding”, as well as the transition to pricing and forecasting models of production capacity utilization approved by “Gazprom” Group.
Particularly, the investment and financial policy was formed and implemented, this policy is based on the diversification of documented instruments, the significant increasing of the horizon and quality of cash flow planning, the uniform intra-group approaches to costs management, dealing with accounts receivable and currency control were established.Back to the news