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.
Financial results
P/L Statment
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Revenue | 194 | 201 | 256 | 316 |
| Cost of goods sold | ||||
| Gross profit (loss) | 194 | 201 | 256 | 316 |
| Gross profit margin | 100% | 100% | 100% | 100% |
| Operating expenses | 3,999 | 961 | 3,049 | 1,857 |
| Operating profit (loss) | -3,805 | -760 | -2,793 | -1,541 |
| Operating profit margin | -1961% | -377% | -1090% | -488% |
| EBITDA | -2,957 | -90 | -1,626 | -210 |
| EBITDA margin | -1524% | -45% | -635% | -66% |
| Net profit (loss) | -3,966 | -1,636 | -2,940 | -1,042 |
| Net profit margin | -2044% | -812% | -1147% | -330% |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Revenue | 96 | 97 | 115 | 97 |
| Cost of goods sold | ||||
| Gross profit (loss) | 96 | 97 | 115 | 97 |
| Gross profit margin | 100% | 100% | 100% | 100% |
| Operating expenses | 2,387 | 4,236 | 2,301 | 3,915 |
| Operating profit (loss) | -2,291 | -4,139 | -2,186 | -3,818 |
| Operating profit margin | -2386% | -4267% | -1909% | -3936% |
| EBITDA | -1,937 | -3,285 | -1,906 | -3,432 |
| EBITDA margin | -2017% | -3387% | -1664% | -3538% |
| Net profit (loss) | -2,110 | -3,634 | ||
| Net profit margin | -2567% | -4064% | -1844% | -3747% |
Balance sheet
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Non-current assets | 284,284 | 302,338 | 303,382 | 291,898 |
| Intangible assets | 130 | 90 | 414 | 515 |
| Tangible assets | 276,219 | 301,775 | 287,392 | 259,783 |
| Financial assets | 7,759 | 15,283 | 31,313 | |
| Other non-current assets | 176 | 473 | 293 | 287 |
| Biological assets | ||||
| Current assets | 360,507 | 398,077 | 322,025 | 288,810 |
| Inventories and prepaid expenses | 120,855 | 95,282 | 66,282 | 51,929 |
| Accounts receivable in one year | 172,296 | 230,519 | 202,921 | 200,269 |
| Other current assets | 11,830 | 7,769 | 20,000 | |
| Cash and cash equivalents | 55,526 | 64,507 | 52,822 | 16,613 |
| Total assets | 644,868 | 700,482 | 625,484 | 580,821 |
| Equity | 105,517 | 24,322 | 21,421 | 20,380 |
| Minority share of capital | ||||
| Grants and subsidies | 527,833 | 588,200 | 521,374 | 480,972 |
| Liabilities | 11,515 | 87,957 | 82,674 | 79,442 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 11,515 | 13,080 | 10,353 | 7,994 |
| Equity and liabilities | 644,868 | 700,482 | 625,484 | 580,821 |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Non-current assets | 307,101 | 313,429 | 308,342 | 266,841 |
| Intangible assets | 108 | 73 | 341 | 406 |
| Tangible assets | 298,924 | 297,586 | 276,251 | 234,784 |
| Financial assets | 7,752 | 15,279 | 31,321 | 31,331 |
| Other non-current assets | 317 | 491 | 429 | 320 |
| Biological assets | ||||
| Current assets | 313,936 | 334,157 | 280,354 | 266,452 |
| Inventories and prepaid expenses | 112,095 | 80,547 | 56,160 | 52,646 |
| Accounts receivable in one year | 141,895 | 202,175 | 193,331 | 182,486 |
| Other current assets | 9,204 | 20,000 | 20,000 | |
| Cash and cash equivalents | 50,742 | 51,435 | 10,864 | 11,319 |
| Total assets | 621,037 | 647,586 | 588,935 | 533,431 |
| Equity | 103,054 | 96,145 | 19,310 | 16,745 |
| Minority share of capital | ||||
| Grants and subsidies | 497,440 | 539,449 | 487,586 | 437,212 |
| Liabilities | 20,543 | 11,992 | 82,032 | 79,397 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 20,543 | 11,992 | 9,710 | 8,020 |
| Equity and liabilities | 621,037 | 647,586 | 588,935 | 533,431 |
Financial ratios
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -1% | -0% | -0% | -0% |
| Return on equity (ROE) | -4% | -3% | -13% | -5% |
| Return on capital employed (ROCE) | -1% | -0% | -1% | -0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 31.31 | 30.43 | 31.11 | 36.13 |
| Quick ratio | 20.81 | 23.15 | 24.70 | 29.63 |
| 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 | 0.00 | 0.00 | 0.01 | 0.02 |
| Profitability ratios | ||||
| EBITDA margin | -1524% | -45% | -635% | -66% |
| Operating profit margin | -1961% | -377% | -1090% | -488% |
| Net profit margin | -2044% | -812% | -1147% | -330% |
| Other ratios | ||||
| Dividends to the State | ||||
| Dividends paid / net profit |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -0% | -1% | -0% | -0% |
| Return on equity (ROE) | -3% | -7% | -6% | -14% |
| Return on capital employed (ROCE) | -0% | -1% | -1% | -1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 30.43 | 27.86 | 28.87 | 33.23 |
| Quick ratio | 23.15 | 21.15 | 23.09 | 26.66 |
| 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 | 0.00 | 0.00 | 0.00 | 0.01 |
| Profitability ratios | ||||
| EBITDA margin | -45% | -3387% | -1664% | -3538% |
| Operating profit margin | -377% | -4267% | -1909% | -3936% |
| Net profit margin | -812% | -4064% | -1844% | -3747% |
| 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 obligationsVykdo nekomercinius specialiuosius įpareigojimus
- Share belonging to the State100%
ROE
-5.0%
Number of employees
1,837
Financial data provided as at end-December 2019
