PJSC RusHydro: RusHydro Group announces 2021 IFRS results
In 2021, the Group's net profit decreased by 9.7% to RUB 42,078 mn following recognition of impairment of property, plant & equipment, while adjusted net profit reached RUB 78,394 (+16.9%).
- In 2021, the Group's net profit decreased by 9.7% to RUB 42,078 mn following recognition of impairment of property, plant & equipment, while adjusted net profit reached RUB 78,394 (+16.9%).
- ***** The Boguchanskaya hydropower plant is part of the Boguchanskiy Energy and Metals Complex (BEMO), a joint venture (JV) between RusHydro and UC RUSAL, and is not part of RusHydro Group.
- According to RusHydro's shareholding in the JV (50%), the results of the plant are reported in the official financial statements in "Share of results of associates and jointly controlled entities".
- RusHydro Group is the leading producer of renewable energy in Russia with total electricity generation capacity of 38.2 GW