Loss of “Rosnano” has grown in 13 times – RBC

« Rosnano »Office in Moscow

Photo: Nikita Popov / RBC

In the first three months of 2016 net loss of JSC” Rosnano “amounted to almost 4.8 billion rubles. A year earlier the rate the corporation was almost 13 times less – about 361 million rubles.

JSC “Rosnano” in the first quarter of 2016 worsened its financial performance, it should be from the published statements of the Corporation under RAS. Revenue “Rosnano” for three months of the year amounted to 1.4 billion rubles. – It is almost twice less than in the same period of 2015. Net loss for the year the corporation has grown more than 13 times – to 360.6 million rubles. to 4.8 billion rubles. Long-term liabilities “Rosnano” for January-March fell by 4%, to 127 billion rubles, short -. Increased by almost 22%, to 19.5 billion rubles. Representatives of “Rosnano” failed to respond promptly to the question of RBC, what caused the decline in revenue and profit in the first quarter of 2016.

At the press-conference dedicated to the results of “RUSNANO” group (JSC “Rosnano” and the Criminal Code “Rosnano”) in 2015, company chairman Anatoly Chubais emphasized especially: Corporation for the second year in a row became profitable. In 2015, the net profit of the group reached almost 17 billion rubles., Which is almost twice more than in 2014, it resulted from the annual financial statements. Sales Corporation “Rosnano” for the 2015 th was 7.2 billion rubles. – A 6% increase over the previous year

The main factors of revenue growth were an increase in the fund’s portfolio and the value of the sale of assets, RBC wrote.. The total value of assets of the group in 2015 increased by 18.6% to 227.7 billion rubles, the assessment of the investment portfolio -. 23%, to 138 billion rubles. “We have made no secret in the past year, our profit has largely been associated with changes in the ruble exchange rate. This year the situation has changed, “- then said Chubais. He said that “in front of a difficult situation».

April 25 The Audit Chamber of Russia (SP) released a report of the auditor Tatiana Manuilova on the audit of JSC “Rosnano” in the period 2010-2015 (the full text of the report the agency has not shown ), I wrote RBC. In particular, the joint venture recognized half the investment corporation to be ineffective – the state company expenditures at the exit of them brought a loss of 13.1 billion rubles. In projects where spending exceeded revenues, part of the funds were government guarantees – to the amount of 7.7 billion rubles. Objectives “were not achieved, and the implementation is ineffective”, considered in the control department. Also, representatives of the joint venture appealed to the government with a proposal to prohibit the payment of premiums, bonuses and other remuneration management UK “Rosnano” of money secured by state guarantees. In two years, “Rosnano” has spent for the payment of “commissions for success” on unprofitable projects 25.4 million rubles.

The “Rosnano” after the publication of the auditor’s report, promised to “make a plan to eliminate the deficiencies.” In particular, Chubais admitted that “in a form which previously acted, it was wrong,” and that the company has changed the rules of payment of premiums, so that does not encourage a lack of income, and its preparation “even on unprofitable projects.” It is necessary to motivate professionals, said the head of “Rusnano”.