Ignalinos atominė elektrinė
The construction of the Ignalina Nuclear Power Plant (INPP) began in 1974. In fulfilling Lithuanias obligations under the Treaty of Accession to the European Union,2009 December 31 INPP has completely cut off electricity production. From the electricity producer it became a company that ceases its activity but operates a nuclear facility. From 2010 January 1 decommissioning became the main INPP activity. The main goal of the company is to terminate the operation of the nuclear power plant with RBMK reactors in a safe, timely and efficient manner.
KEY FINANCIAL PERFORMANCE INDICATORS FOR THE PERIOD 2022-2024
- Ignalina Nuclear Power Plant Decommissioning Budget Performance Index CPI:
- 2022–2024 ≥ 1
- Percentage of budget allocation for the Ignalina Program:
- 2024 ≥ 70 percent.
- 2024 ≥ 70 percent.
TARGETED SPECIFIC INDICATORS FOR THE PERIOD
- Amount of dismantled materials, thousand tons / year:
- 2022 > 3,8
- 2023 > 5,8
- 2024 > 7,6
- Amount of radioactive waste removed and disposed of from old storage facilities, m3:
- 2022 ≥ 975
- 2023 ≥ 785
- 2024 ≥ 570
- Number of knowledge products, units:
- 2022-2024 ≥ 1
- Project management maturity level:
- 2022 m. – set the value
- Number of first and higher level events according to the International Nuclear Event Scale (INES), units:
- 2022-2024 – 0
- Level of risk management maturity:
- 2022 – set the value
- Employee engagement index,%:
- 2022-2024 > 50
2021/22 GOOD CORPORATE GOVERNANCE INDEX
2020/21 GOOD CORPORATE GOVERNANCE INDEX
Sk – Transparency dimension
KO – Board dimension
SP – Strategic planning and target achievement dimension
GI – Good governance ratio
Financial results
P/L Statment
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 256 | 316 | 234 | 162 |
| Cost of goods sold | ||||
| Gross profit (loss) | 256 | 316 | 234 | 162 |
| Gross profit margin | 100% | 100% | 100% | 100% |
| Operating expenses | 3,049 | 1,857 | 1,019 | 1,926 |
| Operating profit (loss) | -2,793 | -1,541 | -784 | -1,763 |
| Operating profit margin | -1090% | -488% | -335% | -1086% |
| EBITDA | -1,626 | -210 | 37 | -448 |
| EBITDA margin | -635% | -66% | 16% | -276% |
| Net profit (loss) | -2,940 | -1,042 | -589 | -1,102 |
| Net profit margin | -1147% | -330% | -251% | -679% |
| 2019-06 | 2020-06 | 2021-06 | 2022-06 | |
|---|---|---|---|---|
| Revenue | 115 | 97 | 86 | 49 |
| Cost of goods sold | ||||
| Gross profit (loss) | 115 | 97 | 86 | 49 |
| Gross profit margin | % | % | % | % |
| Operating expenses | 2,301 | 3,915 | 3,731 | 7,845 |
| Operating profit (loss) | -2,186 | -3,818 | -3,645 | -7,796 |
| Operating profit margin | % | % | % | % |
| EBITDA | -1,905 | -3,432 | -3,635 | -8,327 |
| EBITDA margin | -1664% | -3542% | -4212% | -16958% |
| Net profit (loss) | -2,110 | -3,634 | -3,856 | -8,618 |
| Net profit margin | -1843% | -3751% | -4468% | -17551% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 303,382 | 291,898 | 243,375 | 208,307 |
| Intangible assets | 414 | 515 | 508 | 521 |
| Tangible assets | 287,392 | 259,783 | 221,273 | 193,727 |
| Financial assets | 15,283 | 31,313 | 21,324 | 13,815 |
| Other non-current assets | 293 | 287 | 271 | 244 |
| Current assets | 322,025 | 288,810 | 287,338 | 274,204 |
| Inventories and prepaid expenses | 66,282 | 51,929 | 37,651 | 21,527 |
| Accounts receivable in one year | 202,921 | 200,269 | 209,969 | 219,081 |
| Other current assets | 20,000 | 29,999 | 7,508 | |
| Cash and cash equivalents | 52,822 | 16,613 | 9,718 | 26,088 |
| Total assets | 625,484 | 580,821 | 530,865 | 482,693 |
| Equity | 21,421 | 20,380 | 19,791 | 18,689 |
| Grants and subsidies | 521,374 | 480,972 | 438,029 | 395,276 |
| Liabilities | 82,674 | 79,442 | 72,925 | 68,603 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 10,353 | 7,994 | 7,876 | 9,144 |
| Equity and liabilities | 625,484 | 580,821 | 530,865 | 482,693 |
| 2020-06 | 2021-06 | 2022-06 | |
|---|---|---|---|
| Non-current assets | 266,841 | 230,268 | 195,319 |
| Intangible assets | 406 | 550 | 412 |
| Tangible assets | 234,784 | 208,044 | 180,420 |
| Financial assets | 31,331 | 21,337 | 13,831 |
| Other non-current assets | 320 | 338 | 656 |
| Current assets | 266,452 | 261,914 | 239,941 |
| Inventories and prepaid expenses | 52,646 | 30,714 | 18,995 |
| Accounts receivable in one year | 182,486 | 205,009 | 210,954 |
| Other current assets | 20,000 | 3,003 | |
| Cash and cash equivalents | 11,319 | 26,190 | 6,989 |
| Total assets | 533,431 | 492,583 | 435,624 |
| Equity | 16,745 | 15,935 | 10,071 |
| Grants and subsidies | 437,212 | 402,963 | 355,890 |
| Liabilities | 79,397 | 73,586 | 69,563 |
| Financial liabilities | |||
| Long-term liabilities | |||
| Short-term liabilities | 8,020 | 8,537 | 10,104 |
| Equity and liabilities | 533,431 | 492,583 | 435,624 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -0% | -0% | -0% | -0% |
| Return on equity (ROE) | -13% | -5% | -3% | -6% |
| Return on capital employed (ROCE) | -1% | -0% | -0% | -0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 31.11 | 36.13 | 36.48 | 29.99 |
| Quick ratio | 24.70 | 29.63 | 31.70 | 27.63 |
| Turnover ratios | ||||
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity turnover | 0.01 | 0.02 | 0.01 | 0.01 |
| Profitability ratios | ||||
| EBITDA margin | -635% | -66% | 16% | -276% |
| Operating profit margin | -1090% | -488% | -335% | -1086% |
| Net profit margin | -1147% | -330% | -251% | -679% |
| Other ratios | ||||
| Dividends to the State | ||||
| Dividends paid / net profit |
| 2019-06 | 2020-06 | 2021-06 | 2022-06 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -0% | % | -0% | -1% |
| Return on equity (ROE) | -5% | % | -4% | -45% |
| Return on capital employed (ROCE) | -0% | -1% | -2% | -4% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 36.13 | 33.23 | 30.68 | 23.75 |
| Quick ratio | 29.63 | 26.66 | 27.08 | 21.87 |
| Turnover ratios | ||||
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity turnover | 0.02 | 0.01 | 0.01 | 0.00 |
| Profitability ratios | ||||
| EBITDA margin | -66% | -3542% | -4212% | -16958% |
| Operating profit margin | -488% | % | % | % |
| Net profit margin | -330% | -3751% | -4468% | -17551% |
| Other ratios | ||||
| Dividends to the State | ||||
| Dividends paid / net profit |
Financial statments
2015 m. metinės ataskaitos
2015 m. 12 mėn. tarpinės ataskaitos
2015 m. 9 mėn. tarpinės ataskaitos
2015 m. 6 mėn. tarpinės ataskaitos
2015 m. 3 mėn. tarpinės ataskaitos
2014 m. metinės ataskaitos
2014 m. 12 mėn. tarpinės ataskaitos
2014 m. 9 mėn. tarpinės ataskaitos
2014 m. 6 mėn. tarpinės ataskaitos
2014 m. 3 mėn. tarpinės ataskaitos
Expectations of the state
Target return on equity undefined
About the company
- Official nameVĮ Ignalinos atominė elektrinė
- Legal formState enterprise (VĮ)
- Company code255450080
- SectorEnergy
- Line of businessShutdown of Ignalina nuclear power plant
- Institution representing the StateMinistry of Energy
- Special obligationsPerformes non-commercial special obligations
- Share belonging to the State100%
ROE
-45.1%
Number of employees
1,732
Financial data provided as at end-December 2021
Management
- Audrius KamienasDirector General
Information as of: 2023/01/01
Board of Directors
CHAIRMAN OF THE BOARD OF DIRECTORS
- Darius JasinskisUAB FSQUARE; Independent member
MEMBERS OF THE BOARD OF DIRECTORS
- Rimvydas ŠtilinisUAB Energy cells
- Patricija CeikoMinistry of Energy
- Laimonas BelickasUAB Orion Leasing; Independent member
- Dr. Jurgita RadzevičėUAB SBA Home, Independent memeber
Information as of: 2023/01/01
