2018 Preliminary financial results

EL SOCIETATEA ENERGETICA ELECTRICA S.A.

 

Preliminary Unaudited Separate and Consolidated Financial Results - 2018

 

In 2018, Electrica S.A. recorded an individual net profit (preliminary unaudited) of RON 298 million, representing an increase of 15.4% as compared to 2017.

Also, in 2018, Electrica S.A. recorded a consolidated net profit (preliminary unaudited) of RON 230 million, representing an increase of 34.3% compared to 2017.

The preliminary unaudited separate financial statements as at and for the year ended 31 December 2018 have been prepared in accordance with the Ministry of Public Finance Order no. 2844/2016 for the approval of the Accounting Regulations in accordance with International Financial Reporting Standards.

The preliminary unaudited consolidated financial statements as at and for the year ended 31 December 2018 have been prepared in accordance with International Reporting Standards (“IFRS”) as adopted by the European Union (“IFRS-EU”).

The preliminary unaudited financial statements as at and for the year ended 31 December 2018 are available, in Romanian and English, in electronic format, on Electrica’s website, under the following links:

 

http://www.electrica.ro/investitori/rezultate-si-raportari/raportari-interimare/,

respectively

http://www.electrica.ro/en/investors/results-and-reports/interim-results/.

 

as well as at the link below: