The main producer of electric and thermal power for Moscow and the Moscow Region said earnings in the reporting period slipped 14.4% to 70.72 bln rubles ($2.6 bln) from 82.66 billion rubles (about $3 billion).
The company's net profit for 2005 equaled 1.86 billion rubles (about $65 million).
Mosenergo supplies 80% of Moscow's heating requirements, and meets 85% of power demand in the capital and the Moscow Region.
The company has 17 power plants in the region with electric power capacity of 10.6 thousand MWt and heat capacity of 34.2 thousand Gkal/hour. The majority of Mosenergo's plants are gas-fuelled.
The company's main shareholders are electricity monopoly Unified Energy System (50.87%), and energy giant Gazprom (about 25%).
