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S.N. NUCLEARELECTRICA S.A. - SNN

Preliminary financial results 31.12.2020

Release Date: 2/25/2021 8:00:16 AM

IRIS Code: AF6E9

Current report in compliance with the financial calendar announced by Societatea Nationala Nuclearelectrica SA and the provisions of ASF Regulation no. 5/2018

Report date: 25.02.2021

Name of the issuing entity: Societatea Nationala NUCLEARELECTRICA S.A.

Registered office: 65, Polona street, District 1, Bucharest

Phone/fax number: 021-203.82.00 / 021 – 316.94.00

Sole Registration Code with the Trade Register Office: 10874881

Order number: J40/7403/1998

Subscribed and paid share capital: RON 3.016.438.940

Regulated market on which the issued securities are traded: Bucharest Stock Exchange

 

To:                              Bucharest Stock Exchange

       Financial Supervisory Authority

                       

Important event to be reported : The Preliminary Unaudited Individual Financial Statements as at and for the financial year ended at 31 December 2020

 

Societatea Nationala Nuclearelectrica S.A. (“SNN”) informs the public and investors on the availability of the Preliminary Unaudited  Individual Financial Statements as at and for the financial year ended at 31 December 2020, starting with February 25th, 2021, as follows:

 

- At S.N. Nuclearelectrica S.A. Headquarters, 65 Polona Street, District 1, Bucharest;

- Electronically on the company’s website, in the “Investor Relations – 2020 Financial Results” section (www.nuclearelectrica.ro).

 

Main results

 

Indicator*)

[thousand RON]

Period of 12 months ended on December 31, 2020

(unaudited)

Period of 12 months ended on December 31, 2019

(audited)

Variation

Production (GWh)**)

10.558

10.347

2,0%

Operating revenues, out of which:

2.500.172

2.417.433

3,4%

   Sales of electricity***)

2.432.279

2.365.564

2,8%

Operating expenses, less depreciation and amortization

(1.188.996)

(1.232.455)

(3,5%)

EBITDA

1.311.176

1.184.978

10,6%

Depreciation and amortization

(544.752)

(555.553)

(1,9%)

EBIT

766.424

629.425

21,8%

Financial revenues

84.530

67.337

25,5%

Financial expenses

(40.513)

(65.487)

(38,1%)

Income tax expense, net

(125.732)

(95.608)

31,5%

Net profit

684.709

535.667

27,8%

 

 

*) Extract from the preliminary unaudited individual financial statements as at and for the financial year ended at 31 December 2020

**) Electricity produced and delivered by Cernavoda NPP in the  National Energy System

***)Including revenues from sale of thermal energy, insignificant in total revenues

 

Additional information may be obtained at : investor.relations@nuclearelectrica.ro

 

Cosmin Ghita                     

CEO                      



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