PJSC TNS energo Group of Companies publishes consolidated financial statements for 2014 as per IFRS

TNS energo Group of Companies Source: Press Service of the TNS energo Group of Companies 13 may 2015
The PJSC TNS energo Group of Companies has published its consolidated financial statements for 2014 as per the International Financial Reporting Standards (IFRS).
The net income of the Group of Companies increased by 13.6% to 4.5 billion rubles compared to 2013. Revenues from sales increased by 46.3% to 172 billion rubles. At the end of 2014 the EBITDA amounted to 6.3 billion rubles, which exceeded the value of the previous year by 43.4%.

These statements include the values of TNS energo Penza LLC, Garantenergoservice LLC and the Tula Energy Retail Company (region) for the first time. The financial results of the Kuban Energy Retail Company are provided in the statements for the period from 1 July 2014.

Recall that on 1 January 2014 TNS energo Penza LLC and Garantenergoservice LLC started to act as guaranteeing suppliers in the Penza and Novgorod regions respectively, while the Tula Energy Retail Company expanded its area of activity by commencing the servicing of consumers in the Tula region.

See more information on these statements at the web-site of PJSC TNS energo Group of Companies by clicking here.