RAO UES announces higher debt
April 5, 2007 RBC
RAO UES's short-term accounts payable edged up 1.33 percent to RUR1.901bn (approx. USD73m) in 2006 compared to the previous showing on December 31, 2005, the holding's report for 2006 under Russian Accounting Standards (RAS) indicates. The company's overall short-term debt liabilities grew 1.6 times to RUR10.102bn (approx. USD388m) in 2006.
RAO UES's long-term debt liabilities reduced by 17.82 percent and amounted to RUR1.388bn (approx. USD53m) as of December 31, 2006. The holding's short-term receivables went down 1.6 times to RUR13.703bn (approx. USD527m), and long-term receivables slid 15.4 percent to RUR13.703bn (approx. USD527m).
Company — RAO UESR
Full nameOpen Joint Stock Company RAO UES of Russia