FGC ROSSETI

Annual / Quarterly Financial Statement • Jul 31, 2020

	BALANCE SHEET		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, No. 57n dated April 6, 2015,
	June 30 20 20 as of		No. 41n dated March 6, 2018, CODES
		OKUD Form No. 1	0710001
		Date (year, month, day)	2020	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
Unit of measurement:	RUB thousand	as per OKEI	384
Location (address)	5A Akademika Chelomeya Street, Moscow, Russia, 117630
Accounting statements are subject to mandatory audit	X YES NO Name of the audit organization / last name, first name, patronymic (if any) of the individual auditor

Annex No. 1

7708096662

OGRNI 1027739127734

OGRN/

LLC "Ernst & Young"

Taxpayer Identification Number of the audit organization / individual auditor INN Primary State Registration Number of the audit organization / individual auditor

Notes	ASSET	Indicator	As of June 30, 2020	As of December 31,	As of December 31,
		code		2019	2018
	1	2	3	4	5
	I. NON-CURRENT ASSETS
	Intangible assets	1110	4 006 501	4 658 225	3 741 290
	Research and development results	1120	950	950	6 778
	Fixed assets, including:	1130	975 158 406	991 719 785	954 319 673
	land plots and natural resources	1131	1 744 093	1 744 070	1 744 010
	buildings, machinery and equipment, structures	1132	969 433 606	985 725 021	949 044 246
	other fixed assets	1133	3 980 707	4 250 694	3 531 417
	Income-bearing investments in tangible assets	1140	-	-	-
	Financial investments	1150	64 622 406	66 038 914	57 702 933
	Deferred tax assets	1160	-	-	-
	Other non-current assets, including:	1170	274 994 148	269 095 933	251 183 633
	equipment for installation	1171	30 944 008	32 897 293	37 726 421
	investments in non-current assets	1172	218 706 623	211 655 187	191 292 474
	advances against non-current assets	1173	25 137 956	24 298 857	21 832 613
	other non-current assets	1174	205 561	244 596	332 125
	TOTAL for Section I	1100	1 318 782 411	1 331 513 807	1 266 954 307
	II. CURRENT ASSETS
	Inventory, including:	1210	13 427 531	11 676 657	10 937 851
	raw materials, materials and other similar assets	1211	13 318 868	11 675 592	10 937 851
	WIP on core services to third parties	1213	108 663	1 065	-
	Value added tax on purchased assets	1220	1 853 639	973 489	915 376
	Accounts receivable, including:	1230	131 719 074	131 956 157	169 855 975
	Accounts receivable (payments are expected over more than 12 months upon the balance sheet date), including:	1231	83 609 075	85 477 009	92 515 178
	customers and consumers	1232	81 288 566	83 338 840	90 683 714
	advance payments made	1233	-	-	-
	other debtors	1234	2 320 509	2 138 169	1 831 464
	Accounts receivable (payments are expected within 12 months upon the balance sheet date), including:	1235	48 109 999	46 479 148	77 340 797
	customers and consumers	1236	34 969 680	34 285 535	31 232 620
	amounts owed by members (founders) as payments to the authorized capital	1237	-	-	-
	advance payments made	1238	821 188	614 922	1 644 465
	other debtors	1239	12 319 131	11 578 691	44 463 712
	Financial investments (except for cash equivalents)	1240	32 946 162	25 735 205	6 578 091
	Cash and cash equivalents	1250	53 798 711	30 434 073	31 772 829
	Other current assets	1260	31 076	34 699	48 165
	TOTAL for Section II	1200	233 776 193	200 810 280	220 108 287
	BALANCE	1600	1 552 558 604	1 532 324 087	1 487 062 594

LIABILITY	Indicator	As of June 30, 2020	As of December 31,	As of December 31,
	code		2019	2018
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	255 683 217	255 708 535	240 935 676
Additional capital (without revaluation)	1350	31 867 163	31 867 163	31 867 163
Reserve capital	1360	27 326 723	24 419 781	21 610 434
Undistributed profit (uncovered loss), including:	1370	176 839 548	170 421 718	142 430 454
Uncovered loss of past years	1371	-	-	-
Undistributed profit of past years	1372	155 444 321	123 512 188	142 430 454
Undistributed profit of the reporting year	1373	21 395 227	46 909 530	-
including interim dividends	1374	-	(11 229 301)	-
TOTAL for Section III	1300	1 129 049 313	1 119 749 859	1 074 176 389
IV. LONG-TERM LIABILITIES
Borrowing and loans	1410	206 572 589	196 622 387	224 463 734
Deferred tax liabilities	1420	91 743 573	89 794 704	77 044 739
Estimated liabilities	1430	-	-	-
Other liabilities	1450	27 059 950	27 518 412	17 708 107
Section IV Total	1400	325 376 112	313 935 503	319 216 580
V. SHORT-TERM LIABILITIES
Borrowing and loans	1510	30 447 436	30 436 665	22 245 391
Accounts payable, including:	1520	64 888 641	64 304 991	68 223 409
suppliers and contractors	1521	28 370 185	32 293 176	39 300 899
payables to employees	1522	991 862	19 038	18 516
payables to state non-budgetary funds	1523	515 839	594 702	660 238
taxes and fees payable	1524	10 876 213	6 950 080	11 041 882
advances received	1525	9 578 991	8 933 134	13 208 422
other creditors	1526	4 307 920	4 020 628	3 778 992
payables to members (founders)	1527	10 247 631	11 494 233	214 460
Deferred income	1530	612 800	625 671	643 517
Estimated liabilities	1540	2 184 039	3 271 398	2 557 308
Other liabilities	1550	263	-	-
TOTAL for Section V	1500	98 133 179	98 638 725	93 669 625
BALANCE	1700	1 552 558 604	1 532 324 087	1 487 062 594

Director General of PJSC Rosseti, a management company of FGC UES, PJSC

P.A. Livinsky

" " . 30 July 20 20

(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, 2020 .

				CODES
	OKUD Form No.2		0710002
		Date (year, month, day)	2020	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),	2110	111 093 665	112 994 406
	including:
	services for electric power transmission	2111	109 942 454	111 582 280
	technological connection services	2112	80 832	407 910
	other activity	2119	1 070 379	1 004 216
	Production cost of goods, products and services sold, including:	2120	( 83 617 242 )	( 84 815 731 )
	services for electric power transmission	2121	( 83 031 314 )	( 84 192 050 )
	technological connection services	2122	( 50 701 )	( 50 683 )
	other activity	2129	( 535 227 )	( 572 998 )
	Gross profit (2110 + 2120)	2100	27 476 423	28 178 675
	Commercial expenses	2210	-	-
	Administrative expenses	2220	( 4 390 226 )	( 3 759 691 )
	Profit (loss) from sales (2100 + 2210 + 2220)	2200	23 086 197	24 418 984
	Income from participation in other companies	2310	1 820 485	1 725 783
	Interest income	2320	4 836 885	4 196 891
	Interest expenses	2330	( 2 383 362 )	( 2 724 244 )
	Other income	2340	2 840 486	17 274 282
	quoted financial asset revaluation surplus	2341	122 213	6 023 392
	Other expenses	2350	( 3 760 805 )	( 8 360 237 )
	quoted financial asset revaluation losses	2351	( 1 538 721 )	-
	Profit (loss) before tax
	(2200 +2310 + 2320 + 2330 + 2340 + 2350)	2300	26 439 886	36 531 459
	Current income tax, incluiding:	2410	( 5 044 641 )	( 7 666 592 )
	permanent tax liabilities	2411	( 3 089 443 )	( 879 623 )
	Deferred income tax	2412	( 1 955 198 )	( 6 786 969 )
	Other, including:	2460	( 18 )	( 197 340 )
	Other similar mandatory payments	2461	( 18 )	( 102 387 )
	Income tax adjustment for the previous periods	2462	-	( 94 953 )
	Net profit (loss) for the reporting period	2400	21 395 227	28 667 527

Notes	Indicator name	As of June 30, 2020	As of June 30, 2019
	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	21 395 227	28 667 527
	Basic earnings (loss) per share	0,01678	0,02249
	Diluted earnings (loss) per share

Director General of PJSC Rosseti, a management company of FGC UES, PJSC P.A. Livinsky

" " . July 2020