FGC ROSSETI

Quarterly Report • Oct 30, 2020

						(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,
		September 30 as of	20 20			CODES
					OKUD Form No. 1	0710001
					Date (year, month, day)	2020 09 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
		LLC "Ernst & Young"
		Taxpayer Identification Number of the audit organization / individual auditor			INN	7708096662
Primary State Registration Number of the audit organization /				OGRN/
individual auditor					OGRNI	1027739127734
			Indicator	As of September 30,	As of December 31,	As of December 31,
Notes		ASSET	code	2020	2019	2018
		1	2	3	4	5
		I. NON-CURRENT ASSETS
	Intangible assets		1110	3 689 829	4 658 225	3 741 290
	Research and development results		1120	950	950	6 778
	Fixed assets,		1130	994 644 664	991 719 785	954 319 673
	including:
	land plots and natural resources		1131	1 744 093	1 744 070	1 744 010
		buildings, machinery and equipment, structures	1132	988 941 755	985 725 021	949 044 246
	other fixed assets		1133	3 958 768	4 250 694	3 531 417
		Income-bearing investments in tangible assets	1140	-	-	-
	Financial investments		1150	71 655 445	66 038 914	57 702 933
	Deferred tax assets		1160	-	-	-
	Other non-current assets, including:		1170	261 586 438	269 095 933	251 183 633
	equipment for installation		1171	31 394 828	32 897 293	37 726 421
	investments in non-current assets		1172	205 579 310	211 655 187	191 292 474
		advances against non-current assets	1173	24 425 845	24 298 857	21 832 613
	other non-current assets		1174	186 455	244 596	332 125
	TOTAL for Section I		1100	1 331 577 326	1 331 513 807	1 266 954 307
		II. CURRENT ASSETS
	Inventory, including:		1210	12 525 799	11 676 657	10 937 851
		raw materials, materials and other similar assets	1211	12 522 869	11 675 592	10 937 851

Annex No. 1

Finance No. 66n dated July 2, 2010

to Decree of the Russian Ministry of

II. CURRENT ASSETS
Inventory, including:	1210	12 525 799	11 676 657	10 937 851
raw materials, materials and other similar assets	1211	12 522 869	11 675 592	10 937 851
WIP on core services to third parties	1213	2 930	1 065	-
Value added tax on purchased assets	1220	1 341 437	973 489	915 376
Accounts receivable, including:	1230	133 800 460	131 956 157	169 855 975
Accounts receivable (payments are expected over more than 12 months upon the balance sheet date), including:	1231	83 108 535	85 477 009	92 515 178
customers and consumers	1232	81 189 098	83 338 840	90 683 714
advance payments made	1233	-	-	-
other debtors	1234	1 919 437	2 138 169	1 831 464
Accounts receivable (payments are expected within 12 months upon the balance sheet date), including:	1235	50 691 925	46 479 148	77 340 797
customers and consumers	1236	36 639 270	34 285 535	31 232 620
amounts owed by members (founders) as payments to the authorized capital	1237	-	-	-
advance payments made	1238	592 261	614 922	1 644 465
other debtors	1239	13 460 394	11 578 691	44 463 712
Financial investments (except for cash equivalents)	1240	42 233 064	25 735 205	6 578 091
Cash and cash equivalents	1250	19 463 642	30 434 073	31 772 829
Other current assets	1260	26 748	34 699	48 165
TOTAL for Section II	1200	209 391 150	200 810 280	220 108 287
BALANCE	1600	1 540 968 476	1 532 324 087	1 487 062 594

	Indicator	As of September 30,	As of December 31,	As of December 31,
LIABILITY	code	2020	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	255 463 247	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	195 298 777	170 421 718	142 430 454
Uncovered loss of past years	1371	-	-	-
Undistributed profit of past years	1372	155 719 276	123 512 188	142 430 454
Undistributed profit of the reporting year	1373	39 579 501	46 909 530	-
including interim dividends	1374	-	(11 229 301)	-
TOTAL for Section III	1300	1 147 288 572	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	93 630 571	89 794 704	77 044 739
Estimated liabilities	1430	-	-	-
Other liabilities	1450	25 106 875	27 518 412	17 708 107
Section IV Total	1400	325 310 035	313 935 503	319 216 580
V. SHORT-TERM LIABILITIES
Borrowing and loans	1510	15 407 853	30 436 665	22 245 391
Accounts payable, including:	1520	50 127 053	64 304 991	68 223 409
suppliers and contractors	1521	29 813 442	32 293 176	39 300 899
payables to employees	1522	928 149	19 038	18 516
payables to state non-budgetary funds	1523	441 371	594 702	660 238
taxes and fees payable	1524	7 383 865	6 950 080	11 041 882
advances received	1525	7 392 322	8 933 134	13 208 422
other creditors	1526	3 831 365	4 020 628	3 778 992
payables to members (founders)	1527	336 539	11 494 233	214 460
Deferred income	1530	606 563	625 671	643 517
Estimated liabilities	1540	2 227 478	3 271 398	2 557 308
Other liabilities	1550	922	-	-
TOTAL for Section V	1500	68 369 869	98 638 725	93 669 625
BALANCE	1700	1 540 968 476	1 532 324 087	1 487 062 594

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

P.A. Livinsky

" " . 30 October 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)

as of September 30, 2020 . STATEMENT OF FINANCIAL RESULTS

				CODES
	OKUD Form No.2		0710002
		Date (year, month, day)	2020	09 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 same period of the previous year
Notes	description		For the reporting period
	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	171 470 722	170 530 498
	services for electric power transmission	2111	165 724 850	167 187 230
	technological connection services	2112	4 005 764	1 735 957
	other activity	2119	1 740 108	1 607 311
	Production cost of goods, products and services sold, including:	2120	( 127 396 524 )	( 127 936 186 )
	services for electric power transmission	2121	( 126 348 208 )	( 126 969 167 )
	technological connection services	2122	( 75 723 )	( 76 123 )
	other activity	2129	( 972 593 )	( 890 896 )
	Gross profit (2110 + 2120)	2100	44 074 198	42 594 312
	Commercial expenses	2210	-	-
	Administrative expenses	2220	( 5 859 262 )	( 5 622 862 )
	Profit (loss) from sales (2100 + 2210 + 2220)	2200	38 214 936	36 971 450
	Income from participation in other companies	2310	1 820 485	1 746 883
	Interest income	2320	7 302 093	6 339 456
	Interest expenses	2330	( 3 648 861 )	( 3 800 212 )
	Other income	2340	10 088 029	17 017 034
	quoted financial asset revaluation surplus	2341	5 616 531	5 282 385
	Other expenses	2350	( 4 862 339 )	( 9 516 527 )
	quoted financial asset revaluation losses	2351	-	-
	Profit (loss) before tax (2200 +2310 + 2320 + 2330 + 2340 + 2350)	2300	48 914 343	48 758 084
	Current income tax, incluiding:	2410	( 9 331 692 )	( 10 877 276 )
	permanent tax liabilities	2411	( 5 434 511 )	( 2 673 078 )
	Deferred income tax	2412	( 3 897 181 )	( 8 204 198 )
	Other, including:	2460	( 3 150 )	( 197 502 )
	Other similar mandatory payments	2461	( 3 150 )	( 102 549 )
	Income tax adjustment for the previous periods	2462	-	( 94 953 )
	Net profit (loss) for the reporting period	2400	39 579 501	37 683 306

Form 0710002 p. 2

Notes	Indicator name	As of September 30, 2020	As of September 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	39 579 501	37 683 306
	Basic earnings (loss) per share	0,03105	0,02956
	Diluted earnings (loss) per share

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

" " . 30 October 2020