FGC ROSSETI

Interim / Quarterly Report • Jul 30, 2021

			to Decree of the Russian Ministry of Finance No. 66n dated July 2, 2010 (as revised by Decrees of the Russian Ministry of Finance No. 124n dated October 5, 2011,
	BALANCE SHEET		No. 57n dated April 6, 2015, No. 41n dated March 6, 2018,
	20 21 June 30 as of
			CODES
		OKUD Form No. 1	0710001
		Date (year, month, day)	2021	06 30
	Public Joint Stock Company
Organization	"Federal Grid Company of	as per OKPO	56947007
	Unified Energy System"
Taxpayer Identification Number		INN	4716016979
Type of activity	power transmission	as per OKVED 2	35.12
Form of legal entity's incorporation / form of	public joint-stock company / mixed Russian assets with a federal share	as per OKOPF/OKFS	47	41

RUB thousand 384

Unit of measurement: as per OKEI

5A Akademika Chelomeya Street, Moscow, Russia, 117630

October 5, 2011,
	CODES
0710001
2021	06 30
56947007
4716016979

Location (address) Accounting statements are subject to mandatory audit YES NO Name of the audit organization / last name, first name, patronymic (if any) of the individual auditor Taxpayer Identification Number of the audit organization / individual auditor INN Notes land plots and natural resources buildings, machinery and equipment, structures other fixed assets X 7708096662 LLC "Ernst & Young" 1 2 3 4 5 I. NON-CURRENT ASSETS Primary State Registration Number of the audit organization / individual auditor OGRN/ OGRNI 1027739127734 ASSET Indicator code As of June 30, 2021 As of December 31, 2020 As of December 31, 2019 Intangible assets 1110 5 080 607 5 818 991 4 658 225 Research and development results 1120 - - 950 1132 1 010 600 416 1 039 476 108 985 725 021 1133 3 871 887 4 116 722 4 250 694 Fixed assets, including: 1130 1 016 198 673 1 045 337 064 991 719 785 1131 1 726 370 1 744 234 1 744 070 Income-bearing investments in tangible assets 1140 - - - Financial investments 1150 74 290 310 80 826 304 66 038 914 Deferred tax assets 1160 - - - Other non-current assets, including: 1170 290 847 039 257 221 611 269 095 933 equipment for installation 1171 32 355 947 36 707 309 32 897 293 investments in non-current assets 1172 225 677 031 194 381 605 211 655 187 TOTAL for Section I 1100 1 386 416 629 1 389 203 970 1 331 513 807 II. CURRENT ASSETS advances against non-current assets 1173 32 628 307 25 931 010 24 298 857 other non-current assets 1174 185 754 201 687 244 596 Inventory, including: 1210 13 983 224 12 604 712 11 676 657 raw materials, materials and other similar assets 1211 13 983 224 12 604 712 11 675 592 WIP on core services to third parties 1213 - - 1 065 Value added tax on purchased assets 1220 1 400 110 2 429 859 973 489 Accounts receivable, including: 1230 119 444 719 124 401 555 131 956 157 Accounts receivable (payments are expected over more than 12 months upon the balance sheet date), including: 1231 74 120 131 80 655 065 85 477 009 customers and consumers 1232 68 832 839 75 831 961 83 338 840 advance payments made 1233 - - other debtors 1234 5 287 292 4 823 104 2 138 169 Accounts receivable (payments are expected within 12 months upon the balance sheet date), including: 1235 45 324 588 43 746 490 46 479 148 customers and consumers 1236 33 418 649 31 146 355 34 285 535 amounts owed by members (founders) as payments to the authorized capital 1237 - - advance payments made 1238 664 891 354 057 614 922 other debtors 1239 11 241 048 12 246 078 11 578 691

Financial investments (except for cash equivalents) 1240 10 373 796 15 373 796 25 735 205 Cash and cash equivalents 1250 54 384 245 23 902 506 30 434 073 Other current assets 1260 31 538 32 754 34 699 TOTAL for Section II 1200 199 617 632 178 745 182 200 810 280

BALANCE 1600 1 586 034 261 1 567 949 152 1 532 324 087

Annex No. 1

LIABILITY	Indicator code	As of June 30, 2021	As of December 31, 2020	As of December 31, 2019
1	2	3	4	4
III. CAPITAL AND RESERVES Share capital (contributed capital, authorized fund, contributions of partners)	1310	637 332 662	637 332 662	637 332 662
Shares repurchased	1320	-	-	-
Revaluation of non-current assets	1340	269 198 884	269 198 981	255 708 535
Additional capital (without revaluation)	1350	31 867 163	31 867 163	31 867 163
Reserve capital	1360	29 324 991	27 326 723	24 419 781
Undistributed profit (uncovered loss), including:	1370	190 675 082	196 050 453	170 421 718
Uncovered loss of past years	1371	-	-	-
Undistributed profit of past years	1372	173 488 276	156 085 076	122 166 200
Undistributed profit of the reporting year	1373	17 186 806	39 965 377	48 255 518
including interim dividends	1374	-	-	(11 229 301)
TOTAL for Section III	1300	1 158 398 782	1 161 775 982	1 119 749 859
IV. LONG-TERM LIABILITIES
Borrowing and loans	1410	216 502 065	206 572 589	196 622 387
Deferred tax liabilities	1420	98 939 491	97 053 441	89 794 704
Estimated liabilities	1430	-	-	-
Other liabilities	1450	22 140 786	21 982 328	27 518 412
Section IV Total	1400	337 582 342	325 608 358	313 935 503
V. SHORT-TERM LIABILITIES
Borrowing and loans	1510	12 488 572	22 585 880	30 436 665
Accounts payable, including:	1520	71 673 355	51 288 858	64 304 991
suppliers and contractors	1521	27 525 584	35 113 703	32 293 176
payables to employees	1522	1 069 604	18 082	19 038
payables to state non-budgetary funds	1523	628 347	589 557	594 702
taxes and fees payable	1524	7 707 891	3 507 652	6 950 080
advances received	1525	7 960 434	7 273 026	8 933 134
other creditors	1526	5 885 753	4 453 919	4 020 628
payables to members (founders)	1527	20 895 742	332 919	11 494 233
Deferred income	1530	588 571	600 315	625 671
Estimated liabilities	1540	5 301 383	6 088 485	3 271 398
Other liabilities	1550	1 256	1 274	-
TOTAL for Section V	1500	90 053 137	80 564 812	98 638 725
BALANCE	1700	1 586 034 261	1 567 949 152	1 532 324 087

Director General of PJSC Rosseti, a management company of FGC UES, PJSC A. V. Ryumin

Chief Accountant

" " . 30 July 20 21

D.V. Nagovitsyn

(as revised by Decrees of the Russian Ministry of Finance No. 57n dated April 6, 2015, No. 41n dated March 6, 2018, No. 61n dated April 19, 2019)

STATEMENT OF FINANCIAL RESULTS

as of June 30, 2021 .

			CODES
	OKUD Form No.2		0710002
		Date (year, month, day)	2021	06 30
	Public Joint Stock Company
Organization	"Federal Grid Company of as per OKPO		56947007
	Unified Energy System"
Taxpayer Identification Number		INN		4716016979
Type of activity	power transmission as per OKVED 2		35.12
Form of incorporation / form of ownership	public joint-stock company / mixed Russian assets with a federal share	as per OKOPF/OKFS	47	41
Unit of measurement:	RUB thousand	as per OKEI		384

	Indicator		For the reporting	For the same period of
Notes	description	Code	period	the previous year
	1	2	3	4
	General income and expenses
	Net proceeds from sale of goods, products and services (net of VAT, excise duties and other similar mandatory payments), including:	2110	119 670 168	111 093 665
	services for electric power transmission	2111	118 087 936	109 942 454
	technological connection services	2112	527 680	80 832
	other activity	2119	1 054 552	1 070 379
	Production cost of goods, products and services sold, including:	2120	88 413 683 ( )	( 83 617 242 )
	services for electric power transmission	2121	( 87 833 255 )	( 83 031 314 )
	technological connection services	2122	) ( 46 095	( 50 701 )
	other activity	2129	( 534 333 )	( 535 227 )
	Gross profit (2110 + 2120)	2100	31 256 485	27 476 423
	Commercial expenses	2210	-	-
	Administrative expenses	2220	( 3 734 172 )	( 4 390 226 )
	Profit (loss) from sales (2100 + 2210 + 2220)	2200	27 522 313	23 086 197
	Income from participation in other companies	2310	1 520 264	1 820 485
	Interest income	2320	4 059 968	4 836 885
	Interest expenses	2330	) ( 1 916 045	( 2 383 362 )
	Other income	2340	2 552 511	2 840 486
	quoted financial asset revaluation surplus	2341
	Other expenses	2350	) ( 11 335 159	( 3 760 805 )
	quoted financial asset revaluation losses	2351	-	-
	Profit (loss) before tax (2200 +2310 + 2320 + 2330 + 2340 + 2350)	2300	22 403 852	26 439 886
	Current income tax, incluiding:	2410	( 5 216 623 )	) ( 5 044 641
	permanent tax liabilities	2411	( 3 330 573 )	) ( 3 089 443
	Deferred income tax	2412	( 1 886 050 )	( 1 955 198 )
	Other, including:	2460	( 423 )	) ( 18
	Other similar mandatory payments	2461	( 423 )	( 18 )
	Income tax adjustment for the previous periods	2462	-	-
	Net profit (loss) for the reporting period	2400	17 186 806	21 395 227

Form 0710002 p. 2

Notes	Indicator name	As of June 30, 2021	As of June 30, 2020
	FOR REFERENCE
	Result of the fixed assets revaluation, not included in the net profit (loss) for the period
	Gain or loss from other operations not included in the net profit (loss) for the period
	Total financial result for the period	17 186 806	21 395 227
	Basic earnings (loss) per share	0.01348	0.01678
	Diluted earnings (loss) per share

Director General of PJSC Rosseti, a management company of FGC UES, PJSC A. V. Ryumin

Chief Accountant

D.V. Nagovitsyn

" " . July 2021