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« RAB Shareholder capital »

Macroeconomics

	Unit	2011A	2012A	2013А	2014A	2015А	2016A	2017A	2018A	2019A	2020A	2021F	2022F	2023F	2024F
General indicators
GDP	YoY %	4,3	3,7	1,8	0,7	-2,3	0,3	1,6	2,3	1,3	-3,1	3,1	3,2	3,3	3,3
CPI	YoY %	6,1	5,1	6,8	7,8	15,5	7,1	3,7	4,3	3,0	2,7	4,0	4,0	4,0	4,0
IPI	YoY %	5,0	3,4	0,4	2,5	-0,8	2,2	2,1	2,9	2,3	-2,9	2,6	2,9	3,0	3,1
Electricity/Heat prices
Regulated transmission tarriffs
Indexation rate	%	-	11,0	10,0	-	7,5	7.5	3,0	3,0	3,0	3,0	3,0	3,0	3,0	3,0
Regulated electricity tariffs for households**
Indexation rate	%	-	6,0	12,8	4,2	8,5	7,5	5,0	5,0	3,3	5,0	5,0	5,0	5,0	5,0

Source: Ministry of Economic Development of the Russian Federation; Federal State Statistics Service.
** Since January 1, 2019, tariffs for the population are calculated based on 20% VAT

« Macroeconomics Share price quotes »

Shareholder capital of «Rosseti Lenenergo», PSJC, RUB *

Посмотреть диаграмму

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Ordinary shares	926 021 679	926 021 679	1 135 061 313	1 135 061 313	1 658 814 839	1 658 814 839	1 658 814 839	8 617 049 631	8 617 049 631	8 617 049 631	8 617 049 631
Preferred shares	93 264 311	93 264 311	93 264 311	93 264 311	93 264 311	93 264 311	93 264 311	93 264 311	93 264 311	93 264 311	93 264 311
TOTAL	1 019 285 990	1 019 285 990	1 228 325 624	1 228 325 624	1 752 079 150	1 752 079 150	1 752 079 150	8 710 313 942	8 710 313 942	8 710 313 942	8 710 313 942
Notes: Treasury securities
Ordinary shares										57 825 152	57 825 152**
Preferred shares										210	210**

The nominal value of each ordinary and preferred share is 1 ruble.

* Information is presented on December 31 of each year.

** Treasury shares were sold on June 21, 2021 in favor of Energotrans LLC

Structure of share capital,% of the authorized capital of the last closing date of the register 05.05.2020

Наверх

« Shareholder capital Financial statements (IFRS) »

Share price quotes of «Rosseti Lenenergo», PJSC

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Quotation Lists
Moscow Exchange	Level 3
Tickers
Ordinary shares	LSNG
Preferred shares	LSNGP

Quotes of ordinary shares of «Rosseti Lenenergo», PSJC on the Moscow Exchange, rubles *

	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
1Q
Minimum	19,80	36,10	39,70	7,05	24,94	23,12	10,04	5,85	2,21	1,70	2,15	4,39	4,76	5,21	4,63
Maximum	23,50	51,36	50,20	14,97	34,53	27,15	11,21	6,10	2,28	3,00	3,35	5,94	5,96	6,00	7,32
Closing	20,00	45,50	41,80	9,25	33,74	24,23	10,42	5,95	2,24	2,29	3,11	5,02	5,67	5,94	5,66
2Q
Minimum	15,00	34,50	37,00	9,05	22,62	16,91	6,57	4,58	2,70	2,14	2,68	3,76	5,21	5,40	5,81
Maximum	18,00	47,50	45,00	20,79	35,21	24,19	10,82	4,58	2,90	4,25	3,48	5,40	6,95	6,34	7,19
Closing	15,00	44,20	45,00	16,60	22,62	16,91	6,61	4,58	2,90	2,90	2,90	4,51	5,80	5,73	6,01
3Q
Minimum	14,50	36,25	35,00	16,91	21,53	12,71	5,47	3,19	2,38	1,58	2,85	4,40	4,50	5,59	4,50
Maximum	20,50	45,00	47,00	25,01	23,79	13,00	7,33	3,33	2,58	3,05	5,90	6,20	6,90	5,95	6,18
Closing	20,50	36,25	35,00	25,01	23,57	13,00	6,99	3,24	2,43	2,64	5,44	5,59	6,30	5,72	5,58
4Q
Minimum	21,00	30,00	12,01	23,15	23,61	9,84	6,50	2,32	1,75	2,23	2,15	4,50	5,00	6,51	4,71
Maximum	54,00	49,49	39,00	29,06	27,11	14,38	6,62	2,50	1,88	3,18	6,25	5,95	6,41	7,50	5,91
Closing	46,00	45,75	13,13	23,28	25,95	9,84	6,55	2,32	1,75	2,28	5,51	4,80	5,30	7,04	5,31

Quotations of preferred shares of «Rosseti Lenenergo», PSJC on the Moscow Exchange, rubles *

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
1Q
Minimum	22,20	35,94	22,36	12,71	13,55	9,95	11,60	43,70	80,40	92,72	112,40
Maximum	28,64	46,82	26,32	13,40	13,95	13,15	14,65	59,00	108,50	107,85	153,50
Closing	28,64	45,95	23,41	13,03	13,95	10,20	14,50	46,50	100,85	97,60	119,95
2Q
Minimum	25,32	36,22	16,48	11,80	14,93	9,25	13,80	40,00	93,30	95,75	131,95
Maximum	35,43	46,16	23,99	12,00	15,00	17,00	16,35	63,90	122,00	114,80	175,50
Closing	25,896	36,79	17,02	12,00	15,00	11,90	15,05	52,50	98,00	101,55	154,60
3Q
Minimum	24,54	21,44	15,27	11,78	14,30	10,30	15,10	51,65	82,25	101,00	146,05
Maximum	31,39	37,26	19,50	12,00	14,62	12,95	46,95	72,90	104,50	121,40	162,30
Closing	31,393	21,44	18,30	11,78	14,62	12,10	43,90	71,95	93,35	118,85	152,75
4Q
Minimum	31,31	20,50	17,50	11,18	10,70	11,55	11,60	70,80	86,70	117,30	142,65
Maximum	36,63	28,82	17,66	11,40	12,25	14,90	51,10	93,00	99,25	129,80	155,90
Closing	35,82	21,74	17,60	11,37	11,20	11,85	45,40	81,40	94,10	122,30	152,80

Capitalization of «Rosseti Lenenergo», PSJC on the Moscow Exchange, mln rubles **

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Total	27 372	11 139	7 759	3 741	3 040	4 900	13 335	48 554	53 681	71 617	58 840

* Information is provided on the last date of each reporting period.
** the calculation was made on the basis of the weighted cost of the shares on the last trading day of the reporting period

Наверх

« Share price quotes Financial ratios »

Consolidated statement of financial position (IFRS), thousand rubles

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
ASSETS
Non-current assets
Total non-current assets	87 010 268	84 957 528	88 156 884	102 239 241	117 970 197	197 892 022	215 966 607	220 305 881	190 432 992	199 196 363	209 000 917
Current assets
Cash and cash equivalents	653 068	7 108 538	3 513 622	3 719 455	1 511 558	26 146 040	10 368 058	3 422 416	6 357 421	8 301 946	1 865 793
Total current assets	6 372 076	11 993 493	11 235 723	18 605 357	17 198 623	41 949 364	21 245 357	14 297 670	15 389 599	15 264 758	10 475 345
TOTAL ASSETS	93 382 344	96 951 021	99 392 607	120 844 598	135 168 820	239 841 386	237 211 964	234 603 551	205 822 591	214 461 121	219 476 262
CAPITAL AND LIABILITIES
Total capital due to the owners of the Company	49 937 441	42 472 514	43 458 357	49 428 312	43 388 974	140 259 771	147 469 816	149 288 259	129 745 467	138 161 582	144 966 386
Non-controlling interest	23 542	30 777	28 994	36 666	48 254	190 193	236 369	195 433	214 983	213 731	-
Total equity	49 960 983	42 503 291	43 487 351	49 464 978	43 437 228	140 449 964	147 706 185	149 483 692	129 960 450	138 375 313	144 966 386
long term duties
Total long-term liabilities	14 124 851	21 028 081	20 637 699	29 401 987	48 180 390	27 617 891	23 450 208	25 905 000	31 981 030	19 042 503	28 116 340
Short-term liabilities	5 331 912	3 050 734	2 356 515	2 477 749	1 124 510	12 960 487	14 473 837	13 091 727	5 902 284	4 652 087	810 369
Total long-term liabilities	21 924 041	29 412 971	25 337 885	34 700 301	53 460 677	46 835 168	45 962 485	42 407 304	42 435 989	30 381 625	35 202 119
Short-term liabilities
Short-term portion of long-term loans and borrowings	1 566 041	6 549 305	7 153 301	3 981 776	1 589 261	13 356 748	11 077 971	11 019 601	2 556 821	11 634 164	3 281 283
Total current liabilities	21 497 320	25 034 759	30 567 371	36 679 319	38 270 915	52 556 254	43 543 294	42 712 555	33 426 152	45 704 183	39 307 757
Total liabilities	43 421 361	54 447 730	55 905 256	71 379 620	91 731 592	99 391 422	89 505 779	85 119 859	75 862 141	76 085 808	74 509 876
Total equity and liabilities	93 382 344	96 951 021	99 392 607	120 844 598	135 168 820	239 841 386	237 211 964	234 603 551	205 822 591	214 461 121	219 476 262

* The data are based on retrospective data correction.

Consolidated Profit and Loss Statement (IFRS), thousand rubles

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020

Revenue	28 573 575	32 256 795	33 134 547	37 323 292	41 601 308	39 026 745	66 207 886	77 653 351	77 989 911	82 665 269	82 707 517
Operating expenses	7 132 784	753 652	2 481 625	6 315 667	6 085 401	5 924 797	10 437 340	12 482 157	16 171 079	17 214 143	16 606 617
Financial income	774 127	61 484	302 468	667 441	1 408 601	1 184 145	2 831 487	825 447	584 443	971 166	412 776
Financial expenses	(1 579 556)	(1 659 844)	(2 175 395)	(2 681 842)	(12 228 099)	(5 224 542)	(4 577 980)	(3 465 471)	(2 688 671)	(2 802 070)	(2 110 966)
Profit before tax	6 257 214	(844 708)	608 698	4 301 266	(4 734 097)	1 884 400	8 690 847	9 842 133	14 066 851	15 383 239	14 908 427
EBITDA	7 062 643	753 652	2 481 625	6 315 667	6 085 401	5 924 797	10 437 340	12 482 157	28 406 482	34 148 913	34 928 663
Net profit	4 750 421	(943 276)	237 913	3 280 810	(4 215 483)	143 545	7 702 883	7 752 607	10 600 488	11 960 743	12 003 540
Related to:
Company Owners	4 746 691	(950 511)	239 696	3 273 138	(4 227 071)	148 463	7 656 707	7 793 543	10 580 938	11 961 995	12 004 739
Holders of non-controlling interests	3 730	7 235	(1 783)	7 672	11 588	(4 918)	46 176	(40 936)	19 550	(1 252)	(1 199)
Earnings per preferred share - basic and diluted (in rubles)	4,66	(0,93)	1,52	2,42	(2,49)	0,08	0,89	0,91	1,23	1,39	1,40
Amortization	4 430 867	4 812 663	4 216 055	3 919 750	4 826 542	5 857 738	13 506 164	12 951 063	11 941 423	12 091 789	13 317 917

* The data are based on retrospective data correction.
** Since 2018, EBITDA is calculated in the reporting section “Information by segments”

Наверх

« Financial statements (IFRS) Operational data »

Financial ratios of «Rosseti Lenenergo», PJSC (IFRS)

Посмотреть диаграмму

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Market capitalization, mln rub	27 372	11 139	7 759	3 741	3 040	4 900	13 335	48 554	53 681	71 617	58 840
Net debt, mln rub	15 038	20 469	24 277	29 664	48 258	14 829	24 160	33 502	28 180	22 375	29 532
EV, mln rub	42 386	31 577	32 007	33 369	51 250	19 538	37 259	81 861	81 646	93 778	88 372
EV/EBITDA	6,00	41,90	12,90	5,28	8,42	3,30	3,57	6,56	2,87	2,75	2,53

Enterprise value to Sales
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
EV, mln rub	42 386	31 577	32 007	33 369	51 250	19 538	37 259	81 861	81 646	93 778	88 372
Sales, mln rub	28 574	32 257	33 135	37 323	41 601	39 027	66 208	77 653	77 990	82 665	82 708
EV/S	1,48	0,98	0,97	0,89	1,23	0,50	0,56	1,05	1,05	1,13	1,07

Price to earnings
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Share price, rub	25,95	9,84	6,55	2,32	1,75	2,28	5,51	4,80	5,30	7,04	5,31
Basic EPS, rub	4,66	-0,93	1,52	2,42	-2,49	0,08	0,89	0,91	1,23	1,39	1,4
P/E	5,57	-10,58	4,31	0,96	-0,70	28,50	6,19	5,27	4,31	5,06	3,79

Market capitalizatopn to sales
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Market capitalization, mln rub	27 372	11 139	7 759	3 741	3 040	4 900	13 335	48 554	53 681	71 617	58 840
Sales, mln rub	28 574	32 257	33 135	37 323	41 601	39 027	66 208	77 653	77 990	82 665	82 708
P/S	0,96	0,35	0,23	0,10	0,07	0,13	0,20	0,63	0,69	0,87	0,71

Market capitalization to book value
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Market capitalization, mln rub.	27 372	11 139	7 759	3 741	3 040	4 900	13 335	48 554	53 681	71 617	58 840
Book value, mln rub.	93 382	96 951	99 393	120 845	135 169	239 841	237 212	234 604	205 823	214 461	219 476
P/B	0,29	0,11	0,08	0,03	0,02	0,02	0,06	0,21	0,26	0,33	0,27

« Financial ratios Energy transmission »

Operational data of «Rosseti Lenenergo», PJSC

The main operational indicators of «Rosseti Lenenergo», PJSC
	Units	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020**
Installed Power	МВА	20 741	21 427	21 952	23 059	23 951	24 321	24 977	26 677	27 808	28 924	33 176
0.4-110 kW overhead lines on the highway	км	36 274	36 587	36 859	37 214	38 396	38 945	40 053	41 089	41 718	42 101	45 368
0.4-110 kW overhead lines, by chains	км	39 419	39 783	40 053	40 408	41 835	42 181	43 348	44 398	45 213	45 419	48 694
0.4-110 kW cable lines	км	18 622	19 554	20 400	21 259	21 557	22 161	22 498	23 160	23 829	24 095	29 536
SS 35-110 kW	шт	372	373	377	379	379	386	386	396	396	401	419
SS 35-110 kW	МВА	13 466	13 742	13 969	14 570	14 692	14 894	15 168	15 979	16 368	16 872	18 742
TS 6-35 kW	шт	14 361	14 770	15 025	15 531	16 233	16 564	17 765	18 479	19 440	20 604	23 992
TS 6-35 kW	МВА	7 275	7 686	7 983	8 490	9 259	9 427	9 810	10 698	11 439	12 052	14 433

Composition of electrical networks for equipment
	Units	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
SS	у.е.	83 640	85 963	87 352	89 990	90 524	93 642	94 252	98 640	100 519	103 580	112 268
TP	у.е.	156 362	168 927	175 634	185 679	197 438	203 697	214 252	222 102	232 134	241 527	292 093
0.4-110 kW overhead lines on the highway	у.е.	39 063	39 585	39 986	40 766	43 025	44 012	45 869	47 531	49 186	49 641	54 990
35-110 kW overhead lines on the highway	у.е.	10 886	11 077	11 085	11 096	11 219	11 276	11 358	11 401	11 180	10 988	11 019
0.4-110 kW cable lines	у.е.	64 121	67 291	70 334	73 835	75 221	77 545	78 848	81 543	84 369	84 936	104 945
TOTAL	у.е. *	354 073	372 843	384 392	401 366	417 428	430 172	444 580	461 218	477 387	490 672	575 315
* Excluding DGS, SDTU

Composition of electrical networks by voltage class
	Units	2010	2 011	2012	2013	2014	2015	2016	2017	2018	2019	2020
110 kW	у.е.	45 106	45 925	45 983	48 137	48 042	49 033	49 256	51 251	52 020	52 518	57 860
35 kW	у.е.	25 466	25 596	26 034	25 874	25 962	26 656	26 734	27 429	27 561	27 750	28 422
1-20 kW	у.е.	248 692	265 321	276 057	290 237	304 465	313 933	326 434	338 997	352 693	364 758	435 060
up to 1 kW	у.е.	34 808	36 001	36 318	37 118	38 959	40 550	42 156	43 541	45 113	45 646	53 972
TOTAL	у.е. *	354 073	372 843	384 392	401 366	417 428	430 172	444 580	461 217	477 387	490 672	575 315
* Excluding DGS, SDTU

** by analogy with the data available in the table for previous reporting periods, data at the end of 2020 are indicated only for equipment and power lines owned

« Operational data Investment program »

Energy transmission of «Rosseti Lenenergo», PJSC

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Network supply, mln KWh
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
"Rosseti Lenenergo", PJSC, incl.	33 496	33 460	34 514	33 945	33 248	33 401	34 160	34 791	35 558	35 465	34 210
St. Petersburg	21 244	21 297	21 811	21 730	20 982	20 961	21 484	21 826	22 204	21 942	20 716
Leningrad region	12 252	12 163	12 703	12 215	12 265	12 441	12 676	12 965	13 355	13 523	13 494

Network losses, mln KWh
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
«Rosseti Lenenergo», PJSC, incl.	29 909	29 914	30 935	30 514	29 570	29 316	30 220	30 598	31 396	31 497	30 363
St. Petersburg	18 931	18 962	19 477	19 460	18 646	18 252	18 874	18 999	19 416	19 289	18 140
Leningrad region	10 978	10 952	11 458	11 054	10 924	11 065	11 346	11 599	11 981	12 208	12 223

Effective supply, mln KWh
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
«Rosseti Lenenergo», PJSC, incl.	29 095	28 975	30 007	29 613	28 680	28 249	29 007	29 669	30 560	30 625	29 580
St. Petersburg	18 626	18 539	19 104	19 083	18 152	17 749	18 245	18 657	19 164	19 036	17 966
Leningrad region	10 469	10 436	10 903	10 530	10 528	10 500	10 763	11 012	11 396	11 589	11 614

Total losses, mln kWh
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
«Rosseti Lenenergo», PJSC, incl.	4 401	4 485	4 507	4 332	4 568	5 152	3 940	5 122	4 998	4 839	4 630
St. Petersburg	2 618	2 758	2 707	2 647	2 831	3 212	2 610	3 169	3 040	2 905	2 750
Leningrad region	1 783	1 727	1 800	1 685	1 737	1 940	1 330	1 953	1 959	1 934	1 880

Total losses,%
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
«Rosseti Lenenergo», PJSC, incl.	13,14	13,40	13,06	12,76	13,74	15,42	0,12	14,72	14,06	13,65	13,53
St. Petersburg	12,32	12,95	12,41	12,18	13,49	15,32	0,12	14,52	13,69	13,24	13,28
Leningrad region	14,55	14,20	14,17	13,79	14,16	15,59	0,10	15,07	14,67	14,30	13,93

Network losses of «Rosseti Lenenergo», PJSC, mln kWh
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
«Rosseti Lenenergo», PJSC, incl.	3 587	3 546	3 579	3 431	3 677	4 085	3 940	4 193	4 162	3 967	3 847
St. Petersburg	2 313	2 335	2 334	2 270	2 336	2 709	2 610	2 828	2 788	2 652	2 577
Leningrad region	1 273	1 211	1 245	1 161	1 341	1 376	1 330	1 366	1 374	1 315	1 271

Network losses of «Rosseti Lenenergo», PJSC, %
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
«Rosseti Lenenergo», PJSC, incl.	10,71	10,60	10,37	10,11	11,06	12,23	11,53	12,05	11,71	11,19	11,25
St. Petersburg	10,89	10,97	10,7	10,45	11,13	12,92	12,15	12,95	12,56	12,09	12,44
Leningrad region	10,39	9,96	9,8	9,51	10,94	11,06	10,49	10,53	10,29	9,72	9,42

Наверх

« Energy transmission Long-term investment program »

Investment program of «Rosseti Lenenergo», PJSC

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Implementation of the investment program in St. Petersburg
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Disbursement, mln rub without VAT	12 574	10 829	11 515	13 158	15 608	5 091	12 664	19 871	14 856	18 790	22 947
Input FA, mln rub	11 328	11 246	12 424	14 355	16 042	2 619	9 891	18 069	15 923	18 237	23 224
Financing, mln rub VAT included	12 704	11 446	12 337	13 940	16 858	8 776	15 892	27 046	18 913	23 565	25 285
MVA power input	704	623	1409	603	753	158	449	1 159	515	763	814
Capacity input km	995	935	716	764	836	218	528	684	656	579	692

Implementation of the investment program in the Leningrad region
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Disbursement, mln rub without VAT	3 239	4 232	3 376	5 570	7 803	1 650	9 546	8 332	5 866	7 345	8 619
Input FA, mln rub	2 421	5 077	3 651	4 299	8 272	1 067	5 273	10 714	7 342	5 760	9 480
Financing, mln rub VAT included	3 724	4 101	3 663	5 405	8 320	4 368	11 726	8 409	7 036	9 003	11 498
MVA power input	228	372	502	304	697	53	394	1 171	515	315	678
Capacity input km	512	778	864	1082	1 654	234	1 619	1 452	1 244	1 715	2 101

Implementation of the investment program of "Rosseti Lenenergo", PJSC
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Disbursement, mln rub without VAT	15 813	15 061	14 891	18 729	23 411	6 741	22 210	28 203	20 722	26 135	31 566
Input FA, mln rub	13 750	16 323	16 075	18 653	24 314	3 685	15 165	28 783	23 265	23 997	32 704
Financing, mln rub VAT included	16 428	15 547	16 000	19 345	25 178	13 145	27 617	35 454	25 949	32 568	36 783
MVA power input	932	996	1 911	907	1 450	211	844	2 329	1 031	1 078	1 492
Capacity input km	1 508	1 713	1 581	1 846	2 490	452	2 147	2 136	1 900	2 294	2 793

Наверх

« Investment program RAB »

Key parameters of the long-term Investment Program, approved by order of the Ministry of Energy of Russia as of 29.12.2020 No. 31@

Key parameters of the long-term Investment Program of «Rosseti Lenenergo», PJSC
	2021	2022	2023	2024	2025
Capital investments, mln rub. without VAT	37 251	26 989	26 683	26 493	29 582
Input FA, mln rub	31 557	28 882	26 785	33 513	28 572
Financing, mln rub VAT included	38 214	32 770	33 777	33 764	37 918
MBA power input	1 116	1 252	492	323	270
Input of power lines, km	1 341	1 074	1 011	1 761	1 543


Financing by region

St. Petersburg
	2021	2022	2023	2024	2025
Capital investments, mln rub without VAT	31 067	21 744	21 386	20 027	23 224
Input FA, mln rub	25 138	22 974	20 990	27 313	22 075
Financing, mln rub VAT included	31 691	26 046	27 202	24 702	28 995
MBA power input	784	1 061	342	203	115
Input of power lines, km	489	367	373	1 080	623

Leningrad region
	2021	2022	2023	2024	2025
Capital investments, mln rub without VAT	6 184	5 245	5 297	6 466	6 358
Input FA, mln rub	6 419	5 908	5 795	6 200	6 497
Financing, mln rub VAT included	6 523	6 724	6 575	9 062	8 923
MBA power input	332	191	150	120	155
Input of power lines, km	852	707	638	681	920

« Long-term investment program Macroeconomics »

Long-term regulation parameters of «Rosseti Lenenergo», PJSC

Approved by the order of the Committee on Tariffs of St. Petersburg dated December 27, 2018 No. 298-p and order of the Committee on Tariffs and Pricing Policy of the Leningrad Region dated December 29, 2018 No. 727-p a

The structure of the RGR taking into account the tariff-balance decisions for the years 2015-2020
		St. Petersburg						Leningrad region						«Rosseti Lenenergo», PJSC
		2015	2016	2017	2018	2019	2020*	2015	2016	2017	2018	2019	2020	2015	2016	2017	2018	2019	2020
Controllable expenses		3 515	3 724	3 916	4 738	4 983	6 108	2 996	3 121	3 501	3 554	3 883	4 003	6 511	6 845	7 417	8 292	8 866	10 112
Non-controlled expenses		20 981	23 532	27 322	25 509	25 463	25 005	11 557	14 309	15 060	16 359	17 274	21 475	32 538	37 841	42 382	41 868	42 736	46 480
payments to PJSC FGC UES		4 974	4 842	5 275	6 014	6 227	5 911	2 564	2 621	2 829	3 074	3 285	3 541	7 539	7 462	8 104	9 088	9 513	9 452
TPNO services		6 216	6 786	6 163	2 490	2 975	1 568	5 896	7 539	7 793	8 178	7 752	8 288	12 112	14 325	13 956	10 668	10 727	9 856
network losses of Lenenergo		4 222	4 575	4 860	5 982	6 756	7 545	2 137	2 563	2 749	2 993	3 230	3 425	6 359	7 138	7 610	8 975	9 985	10 971
lost income		4 050	4 223	7 345	4 342	2 597	4 641	384	996	963	1 230	1 509	4 408	4 434	5 219	8 308	5 571	4 106	9 049
other non-controlled expenses		1 519	3 106	3 679	6 681	6 907	5 340	575	591	725	884	1 497	1 813	2 094	3 697	4 404	7 565	8 405	7 153
Capital return		3 937	3 997	4 380	4 405	4 668	5 417	2 394	2 435	2 597	2 785	2 917	3 104	6 331	6 432	6 977	7 190	7 585	8 521
Return on equity		4 433	4 521	5 855	5 800	6 671	11 598	1 701	1 818	2 366	3 026	3 434	4 641	6 134	6 340	8 221	8 826	10 105	16 239
Smoothing		-2 691	2 485	-1 213	5 201	7 305	3 474	-1 272	-1 227	-1 489	189	2 660	-1 007	-3 963	1 258	-2 702	5 390	9 966	2 467
Total RGR		30 174	38 260	40 260	45 653	49 090	51 603	17 375	20 456	22 035	25 912	30 168	32 216	47 549	58 716	62 296	71 565	79 258	83 819
Useful electricity supply		17 462	18 255	18 387	19 004	19 230	19 301	12 067	12 163	12 385	12 876	13 335	13 714	29 529	30 418	30 772	31 880	32 565	33 016
Average sale tariff for electricity transmission**		172,8	209,6	219,0	240,2	255,3	267,4	144,0	168,2	177,9	201,2	226,2	234,9	161,0	193,0	202,4	224,5	243,4	253,9
Gain to the previous year		22%	21%	4%	10%	6%	5%	10%	17%	6%	13%	12%	4%		20%	5%	11%	8%	4%

* taking into account the revision of long-term regulatory parameters as a result of the consolidation of subsidiaries and affiliates
** in the Leningrad region, incl. consumers indirectly connected to the electrical networks of the grid organization through power plants of electric energy producers
Notes
		St. Petersburg						Leningrad region						«Rosseti Lenenergo», PJSC
	Unit rev.	2015	2016	2017	2018	2019	2020*	2015	2016	2017	2018	2019	2020	2015	2016	2017	2018	2019	2020
The amount of capital invested at the beginning of the year (full value)	mln rub	137 811	137 716	142 921	150 437	161 374	187 660	83 619	84 022	88 434	98 178	104 286	108 751	221 430	221 737	231 355	248 615	265 659	296 411
The amount of capital invested at the beginning of the year (residual value)	mln rub	73 444	69 464	70 919	74 485	81 326	105 440	29 648	27 772	29 829	37 090	40 402	41 886	103 092	97 237	100 748	111 575	121 727	147 326
Rate of return on invested capital ("old")	%	1%	1%	1%	1%	1%	11%	1%	1%	1%	1%	1%	11%	1%	1%	1%	1%	1%	11%
Rate of return on invested capital ("new")	%	11%	11%	11%	11%	11%	11%	11%	11%	11%	11%	11%	11%	11%	11%	11%	11%	11%	11%
* The level of reliability of services sold		0,0191	0,0188	0,0185	0,0182	0,0179	0,0177	0,019063	0,018777	0,0185	0,0182	0,0179	0,0177	0,019063	0,018777	0,0185	0,0182	0,0179	0,0177
* The quality level of goods and services sold		1,0102	0,0102	1,0102	1,0102	1,0102	1,0102	1,0102	0,0102	1,0102	1,0102	1,0102	1,0102	1,0102	0,0102	1,0102	1,0102	1,0102	1,0102
Amount of NWC	mln rub	336	391	447	585	661	727	204	256	304	230	304	404	540	647	751	815	965	1 131
Cost-Effectiveness Index	%	3%	3%	3%	3%	3%	3%	3%	3%	3%	3%	3%	3%	3%	3%	3%	3%	3%	3%
The ratio of power losses	%	12,8%	11,1%	12,3%	12,9%	12,9%	11,8%	9,5%	10,3%	10,5%	10,3%	10,1%	10,2%
The amount of the investment program in TBD approved at the expense of the transfer (development) tariff	mln rub	15 541	7 197	13 661	11 743	20 205	19 403	6 658	5 126	8 161	7 584	3 595	6 478	22 199	12 323	21 822	19 327	23 800	25 881

* taking into account the revision of long-term regulatory parameters as a result of the consolidation of subsidiaries and affiliates
** the planned indicators of reliability and quality, taking into account the extension of the regulation period until 2020, were agreed upon by the order of the FAS of Russia as of 10.10.2017 No. 472-e, 10.12.2020 No. 1205/20

Analyst manual (xlsx, 119 Kb).