Financial Results

RusHydro Group demonstrated high financial results in 2017In this section IFRS data is represented.. They reflected the consistent management efforts aimed at optimising all controllable operating expenses of the Group, the process of integration of RAO ES East Subgroup. [103-2], [103-3]

Created and distributed direct economic value, RUB mn [201-1]
RusHydro Group 2016 2017
Created economic value 413,076 383,191
Income from operating activities, less any impairment loss on receivables 366,939 342,162
Government grants 17,250 32,745
Income from interest on loans and dividends received 16,625 9,550
(Costs)/ Income from the sale of assets 12,262 (1,266)
Distributed economic value 333,590 300,931
Operating costs 208,550 190,681
Salary and other benefits to employees 71,768 74,390
Payments to Capital ProvidersData for 2016 take into account the dividends declared for 2016 in June 2017. Dividends for 2017 were not declared by the date of issue of this report. 28,917 10,430
Payments to States 23,491 23,666
Investing in Communities 864 1,764
Undistributed economic value 79,486 82,260