Financial statements are drawn up in accordance with the International Financial Reporting Standards. Financial statements of the companies are available on the website of Nasdaq OMX stock exchange and the website of the company AB Lietuvos energija.
Performance results of power generation companies AB Lietuvos energija and AB Lietuvos elektrinė for 2011 H1:
Key performance results of AB Lietuvos energija for 2011 H1:
· revenue – 431 mln. litas (124.83 mln. euros), in 2010 H1 – 437 mln. litas (126.56 mln. euros);
· expenses – 382 mln. litas (110.63 mln. euros), in 2010 H1 – 383 mln. litas (110.92 mln. euros);
· EBITDA – 62 mln. litas (17.96 mln. euros), in 2010 H1 – 64 mln. litas (18.54 mln. euros);
· net profit – 40 mln. litas (11.58 mln. euros), in 2010 H1 – 47 mln. litas (13.61 mln. euros);
Key performance results of AB Lietuvos elektrinė for 2011 H1:
· revenue – 202 mln. litas (58.50 mln. euros), in 2010 H1 – 380 mln. litas (110.05 mln. euros);
· expenses – 193 mln. litas (55.90 mln. euros), in 2010 H1 – 385 mln. litas (111.50 mln. euros);
· EBITDA – 25 mln. litas (7.24 mln. euros), 5 mln. litas (1.45 mln. euros);
· net profit – 7 mln. litas (2.02 mln. euros), in 2010 H1 – loss of 11 mln. litas (3.19 mln. euros);
· power generation – 0.359 TWh of power, in 2010 H1 – 1.158 TWh.
Revenue of AB Lietuvos energija and AB Lietuvos elektrinė for 2011 H1 amounts to 633 mln. litas and is 23 percent lower than the revenue of 2010 H1. The expenses of the companies are 25 percent lower in comparison to 2010 H1.
Net profit of AB Lietuvos energija group for 2011 H1 amounts to 54 mln. litas. AB Lietuvos energija earned 40 mln. litas of net profit, and AB Lietuvos elektrinė – 7 mln. litas of net profit. Net profit of other companies of the Group amounts to 7 mln. litas.
Jūratė Kavaliauskaitė
Head of Communications, Lietuvos energija, AB
Phone: +370 619 62019
E-mail: jurate.kavaliauskaite@le.lt
