FGC ROSSETI

Interim / Quarterly Report • Apr 30, 2021

as of . March 31 20 21

		OKUD Form No. 1		0710001
		Date (year, month, day)	2021	03	31
	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

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

Notes	ASSET	Indicator code	As of March 31, 2021	As of December 31, 2020	As of December 31, 2019
	1	2	3	4	5
	I. NON-CURRENT ASSETS
	Intangible assets	1110	5 440 908	5 818 991	4 658 225
	Research and development results	1120	0	0	950
	Fixed assets,
	including:	1130	1 029 103 896	1 045 337 064	991 719 785
	land plots and natural resources	1131	1 726 370	1 744 234	1 744 070
	buildings, machinery and equipment, structures	1132	1 023 362 901	1 039 476 108	985 725 021
	other fixed assets	1133	4 014 625	4 116 722	4 250 694
	Income-bearing investments in tangible assets	1140	-	-	-
	Financial investments	1150	87 925 757	80 826 304	66 038 914
	Deferred tax assets	1160	-	-	-
	Other non-current assets, including:	1170	269 190 876	257 221 611	269 095 933
	equipment for installation	1171	35 754 830	36 707 309	32 897 293
	investments in non-current assets	1172	204 202 319	194 381 605	211 655 187
	advances against non-current assets	1173	29 019 874	25 931 010	24 298 857
	other non-current assets	1174	213 853	201 687	244 596
	TOTAL for Section I	1100	1 391 661 437	1 389 203 970	1 331 513 807
	II. CURRENT ASSETS
	Inventory, including:	1210	13 085 647	12 604 712	11 676 657
	raw materials, materials and other similar assets	1211	13 085 647	12 604 712	11 675 592
	WIP on core services to third parties	1213			1 065,00
	Value added tax on purchased assets	1220	1 596 838	2 429 859	973 489
	Accounts receivable, including:	1230	128 738 676	124 401 555	131 956 157
	Accounts receivable (payments are expected over more than 12 months upon the balance sheet date), including:	1231	80 131 258	80 655 065	85 477 009
	customers and consumers	1232	74 691 431	75 831 961	83 338 840
	advance payments made	1233	-	-	-
	other debtors	1234	5 439 827	4 823 104	2 138 169
	Accounts receivable (payments are expected within 12 months upon the balance sheet date), including:	1235	48 607 418	43 746 490	46 479 148
	customers and consumers	1236	33 614 029	31 146 355	34 285 535
	amounts owed by members (founders) as payments to the authorized capital	1237	-	-	-
	advance payments made	1238	468 811	354 057	614 922
	other debtors	1239	14 524 578	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	33 486 598	23 902 506	30 434 073
	Other current assets	1260	27 637	32 754	34 699
	TOTAL for Section II	1200	187 309 192	178 745 182	200 810 280
	BALANCE	1600	1 578 970 629	1 567 949 152	1 532 324 087

CODES 0710001

OGRN/ OGRNI

Annex No. 1 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, BALANCE SHEET No. 41n dated March 6, 2018,

	Indicator		As of December 31,	As of December 31,
LIABILITY	code	As of March 31, 2021	2020	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	27 326 723	27 326 723	24 419 781
Undistributed profit (uncovered loss), including:	1370	206 563 700	196 050 453	170 421 718
Uncovered loss of past years	1371	-	-	-
Undistributed profit of past years	1372	196 050 549	156 085 076	122 166 200
Undistributed profit of the reporting year	1373	10 513 151	39 965 377	48 255 518
including interim dividends	1374	-	-	(11 229 301)
TOTAL for Section III	1300	1 172 289 132	1 161 775 982	1 119 749 859
IV. LONG-TERM LIABILITIES
Borrowing and loans	1410	206 502 065	206 572 589	196 622 387
Deferred tax liabilities	1420	98 662 510	97 053 441	89 794 704
Estimated liabilities	1430	-	-	-
Other liabilities	1450	23 188 922	21 982 328	27 518 412
Section IV Total	1400	328 353 497	325 608 358	313 935 503
V. SHORT-TERM LIABILITIES
Borrowing and loans	1510	22 340 692	22 585 880	30 436 665
Accounts payable, including:	1520	50 475 483	51 288 858	64 304 991
suppliers and contractors	1521	25 670 112	35 113 703	32 293 176
payables to employees	1522	1 010 617	18 082	19 038
payables to state non-budgetary funds	1523	505 132	589 557	594 702
taxes and fees payable	1524	11 238 230	3 507 652	6 950 080
advances received	1525	6 290 201	7 273 026	8 933 134
other creditors	1526	5 429 348	4 453 919	4 020 628
payables to members (founders)	1527	331 843	332 919	11 494 233
Deferred income	1530	593 806	600 315	625 671
Estimated liabilities	1540	4 916 782	6 088 485	3 271 398
Other liabilities	1550	1 237	1 274	-
TOTAL for Section V	1500	78 328 000	80 564 812	98 638 725
BALANCE	1700	1 578 970 629	1 567 949 152	1 532 324 087

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

Chief Accountant

A. V. Ryumin

" " . 30 April 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)

CODES

STATEMENT OF FINANCIAL RESULTS

as of March 31, 2021 .

	OKUD Form No.2			0710002
		Date (year, month, day)	2021	03	31
	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	60 618 008	56 737 078
	services for electric power transmission	2111	59 662 882	56 174 602
	technological connection services	2112	456 378	33 140
	other activity	2119	498 748	523 336
	Production cost of goods, products and services sold, including:	2120	( 44 038 327 )	( 41 889 389 )
	services for electric power transmission	2121	( 43 756 934 )	( 41 625 247 )
	technological connection services	2122	( 21 951 )	( 24 590 )
	other activity	2129	( 259 442 )	( 239 552 )
	Gross profit (2110 + 2120)	2100	16 579 681	14 847 689
	Commercial expenses	2210	-	-
	Administrative expenses	2220	( 1 696 807 )	( 1 777 778 )
	Profit (loss) from sales (2100 + 2210 + 2220)	2200	14 882 874	13 069 911
	Income from participation in other companies	2310	0	0
	Interest income	2320	1 970 379	2 400 739
	Interest expenses	2330	( 955 103 )	( 1 230 776 )
	Other income	2340	1 208 971	1 500 335
	quoted financial asset revaluation surplus	2341	-	-
	Other expenses	2350	( 3 704 104 )	( 2 519 592 )
	quoted financial asset revaluation losses	2351	-	-
	Profit (loss) before tax (2200 +2310 + 2320 + 2330 + 2340 + 2350)	2300	13 403 017	13 220 617
	Current income tax, incluiding:	2410	( 2 889 819 )	( 2 820 791 )
	permanent tax liabilities	2411	( 1 280 750 )	( 1 069 657 )
	Deferred income tax	2412	( 1 609 069 )	( 1 751 134 )
	Other, including:	2460	( 47 )	( 6 )
	Other similar mandatory payments	2461	( 47 )	( 6 )
	Income tax adjustment for the previous periods	2462	0	( 0 )
	Net profit (loss) for the reporting period	2400	10 513 151	10 399 820

Notes	Indicator name	As of March 31, 2021	As of March 31, 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	10 513 151	10 399 820
	Basic earnings (loss) per share	0,0082	0,0082
	Diluted earnings (loss) per share

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

Chief Accountant

D.V. Nagovitsyn

" " . 30 April 2020