25 March 2016

Rusnano revenues

Rusnano shows profit for the second year in a row,
exceeding the figures of the previous year by more than two times

Rusnano Press Center

Rusnano Group, consisting of Rusnano JSC and consolidated subsidiaries (including Rusnano Management Company LLC), announces financial results for 2015, confirmed by an independent auditor, in accordance with International Financial Reporting Standards (IFRS).

Rusnano Group received a total profit of 17 billion rubles. The capital of the group of companies increased by the same amount.

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Rusnano's total profit

The value of financial assets (Rusnano's portfolio) increased by 23% and exceeded 138 billion rubles. In particular, the fair value of the investment portfolio increased by 16.8 billion rubles. The share of meaningful growth in this indicator was 53% against 10% a year earlier. At the same time, the effect of the exchange rate difference decreased from 90% to 47%.

Taking into account the specifics of investment cycles, the increase in the fair value of the portfolio is the result of the company's work not only in 2015, but also in general over the past five years.

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The growth of the value of Rusnano's investment portfolio

The value of the Group's assets under management increased by 18.6% and reached 227.7 billion rubles.

According to the results of 2015, the Group's revenues increased by 6% and amounted to 7.2 billion rubles. Rusnano received 6.9 billion rubles from portfolio companies, including income from the sale of shares in their capital and proceeds as repayment of previously issued loans.

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Rusnano Group revenues

The volume of Rusnano's operating expenses in 2015 remained at the level of the previous period and amounted to 5.6 billion rubles. This fact, along with the increase in the fair value of the portfolio, is another objective indicator reflecting the effectiveness of management.

Rusnano fulfilled its obligations in 2015 to repay creditors on loans received earlier, issued under state guarantees, in the amount of 30.9 billion rubles, including repayment of loans and interest on them.

Consolidated financial statements in accordance with International Financial Reporting Standards and Auditor's Report for 2015 – download (PDF, ~1.4 Mb)

Portal "Eternal youth" http://vechnayamolodost.ru  25.03.2016

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