annual general shareholders meeting
DESCRIPTION
Annual general shareholders meeting. «IDGC of Centre», JSC, 11 June 2009. - PowerPoint PPT PresentationTRANSCRIPT
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
General Director ndash Evgeny Fedorovich MAKAROV
2
Important comments
In addition to the official information about the Companyrsquos activity this presentation contains the information obtained from third parties This information has been obtained from sources which according to laquo IDGC of Centreraquo JSC are reliable We nevertheless can not guarantee the accuracy of this information which can be shortened or incomplete All the opinions and appraisals contained in this material reflect our views on the publication day and are subjected to changes without notice
The information provided in this presentation is not offered as the sole basis for making any decisions concerning the securities or companies in this presentation
IDGC of Centre is not responsible for the consequences of usage of opinions or statements or incomplete information contained in this presentation IDGC of Centre assumes no obligation to update the information contained in the presentation
Despite the fact that till 31032008 IDGC of Centre has not been the operating company annual report contains consolidated data for all DGC-area headed by IDGC of Center including the period from 31032008 The information about Companyrsquos financial and plant data is received as the sum of the corresponding figures of 11 DGC joined to IDGC Center Despite the fact that in 2006 and 2007 (at the time IDGC of Center and Northern Caucasus) more than 11 companies were headed by IDGC of Center for correct comparison the information for these periods is shown for 11 DGC of the current configuration
3
Companyrsquos History
171204 IDGC of Center is registered in order to further inter-regional integration as an adherence to the Company of distribution companies 270407 the final Companyrsquos configuration is approved comprised of 11 regional grid companies of the Center of Russia ldquoBelgorodenergordquo ldquoBryanskenergordquo ldquoVoronezhenergordquo ldquoKostromaenergordquo ldquoKurskenergordquo ldquoLipetskenergordquo ldquoOrelenergordquo ldquoSmolenskenergordquo ldquoTambovenergordquo ldquoTverenergordquo ldquoYarenergordquo( ldquoRAO UES of Russiardquo decision the protocol 250 of 270407) 310308 - the date of DGC accession to the IDGC of Center (on the basis of a decisions of general meetings of 1048747IDGC of Centre raquo JSC and 11 DGC shareholders) 210508 IDGC of Center shares are admitted to trades on the MICEX (MRKC) and RTS
(MRKC MRKCG) 010708 JSC ldquoIDGC Holdingrdquo becomes a majority shareholder of the Company with a 5023 share of the stated capital
1
2
3
4
5
6
7
8
9
4
IDGC of Centre map
IDGC of CentreBelgorodenergo
Bryanskenergo
Voronezhenergo
Kostromaenergo
Kurskenergo
Lipetskenergo
Orelenergo
Smolenskenergo
Tambovenergo
10
11
Tverenergo
Yarenergo
5
Key figures
Authorization of capital (31122008)
Number of shareholders (04052009)
Revenues (2008 )
Net profit (2008)
Net asset value(31122008 )
Productive supply(without other TNO 2008)
The length of the lines(on HV li ne 04 mdash 110 kv 31122008)
Station capacity (31122008 )
35 mdash 110 кВ6 mdash 3504 кВ
Number of staff (31122008)
161 bln RUB549 bln USD17170
436 bln RUB
09 bln RUB
397 bln RUB
566 bln kWh
362 3292 km
305927 MVA1446011 MVA23 680 people
Security market
MICEX Index MICEX PWR dynamics comparison and IDGC of Center capitalization in 2008
Shares codes on stock
exchanges
MICEX
RTS classic
RTS market
MRKC
MRKC
MRKCG
Basic multipliers на 31122008г
IDGC of Center stocks are better then industry average index by 5
EVSales
EVEBITDA
PE
EV Productive supply
058
467
184
045
110
Stockholders equitylsquo07 lsquo08
5023 1132 5023 1586
497
2125
320
298
270176
159
1926
366
320
260179
129
101
Free float ndash 30
ROA EU of RUssiaS
Prosperity Capital Management
Citigroup Global Markets Limited
IMMENSO ENTERPRISES LIMITED
DeutscheBank
Инвест Холдинг Энергетический союз
Pictet amp Cie Banquiers
Skandinaviska Enskilda Banken AB (publ)
Others
Free float ndash 30
Holding MRSK JSCJamica LimitedMELLON BANK NAIMMENSO ENTERPRISES LIMITEDEnergosouz Holdings LimitedHalcyon Power Investment Company LimitedSkandinaviska Enskilda Banken AB (publ)PROSPERITY RASSVET LIMITEDCitigroup Global Markets LimitedOthers
In 2008 Free float Did not change
7
Корпоративное управление
Changes in corporate governance in 2008
General Shareholders Meeting
Board of DirectorsReliability Committee
Strategy and
development Committee
Audit Committee
Personel and
Remuneration Committee
Technical connection to the power grinds committee (founded in February 2009)
Director General
Board- New Governing Bodies
8
Corporate Governance Rating
6+7
B++
laquo7raquo Developed corporate governance practices
9
247293
402
0826 28
40
7
Operating results
50454035302520151050 06 07 08
REVENUES BY ACTIVITY 45
IN BILLION RUB 35
transfere ээ3025
technical accession
Other activities
20151050
3210
06REVENUE FROM TRANSFER
07 08 06REVENUE TECH ACCESSION IN
07 08
10
ЭЭ in billions RUB
Transit revenue from other TNO Revenue without other TNO
BILLION RUB
REVENUE TECH ACCESSION
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
2
Important comments
In addition to the official information about the Companyrsquos activity this presentation contains the information obtained from third parties This information has been obtained from sources which according to laquo IDGC of Centreraquo JSC are reliable We nevertheless can not guarantee the accuracy of this information which can be shortened or incomplete All the opinions and appraisals contained in this material reflect our views on the publication day and are subjected to changes without notice
The information provided in this presentation is not offered as the sole basis for making any decisions concerning the securities or companies in this presentation
IDGC of Centre is not responsible for the consequences of usage of opinions or statements or incomplete information contained in this presentation IDGC of Centre assumes no obligation to update the information contained in the presentation
Despite the fact that till 31032008 IDGC of Centre has not been the operating company annual report contains consolidated data for all DGC-area headed by IDGC of Center including the period from 31032008 The information about Companyrsquos financial and plant data is received as the sum of the corresponding figures of 11 DGC joined to IDGC Center Despite the fact that in 2006 and 2007 (at the time IDGC of Center and Northern Caucasus) more than 11 companies were headed by IDGC of Center for correct comparison the information for these periods is shown for 11 DGC of the current configuration
3
Companyrsquos History
171204 IDGC of Center is registered in order to further inter-regional integration as an adherence to the Company of distribution companies 270407 the final Companyrsquos configuration is approved comprised of 11 regional grid companies of the Center of Russia ldquoBelgorodenergordquo ldquoBryanskenergordquo ldquoVoronezhenergordquo ldquoKostromaenergordquo ldquoKurskenergordquo ldquoLipetskenergordquo ldquoOrelenergordquo ldquoSmolenskenergordquo ldquoTambovenergordquo ldquoTverenergordquo ldquoYarenergordquo( ldquoRAO UES of Russiardquo decision the protocol 250 of 270407) 310308 - the date of DGC accession to the IDGC of Center (on the basis of a decisions of general meetings of 1048747IDGC of Centre raquo JSC and 11 DGC shareholders) 210508 IDGC of Center shares are admitted to trades on the MICEX (MRKC) and RTS
(MRKC MRKCG) 010708 JSC ldquoIDGC Holdingrdquo becomes a majority shareholder of the Company with a 5023 share of the stated capital
1
2
3
4
5
6
7
8
9
4
IDGC of Centre map
IDGC of CentreBelgorodenergo
Bryanskenergo
Voronezhenergo
Kostromaenergo
Kurskenergo
Lipetskenergo
Orelenergo
Smolenskenergo
Tambovenergo
10
11
Tverenergo
Yarenergo
5
Key figures
Authorization of capital (31122008)
Number of shareholders (04052009)
Revenues (2008 )
Net profit (2008)
Net asset value(31122008 )
Productive supply(without other TNO 2008)
The length of the lines(on HV li ne 04 mdash 110 kv 31122008)
Station capacity (31122008 )
35 mdash 110 кВ6 mdash 3504 кВ
Number of staff (31122008)
161 bln RUB549 bln USD17170
436 bln RUB
09 bln RUB
397 bln RUB
566 bln kWh
362 3292 km
305927 MVA1446011 MVA23 680 people
Security market
MICEX Index MICEX PWR dynamics comparison and IDGC of Center capitalization in 2008
Shares codes on stock
exchanges
MICEX
RTS classic
RTS market
MRKC
MRKC
MRKCG
Basic multipliers на 31122008г
IDGC of Center stocks are better then industry average index by 5
EVSales
EVEBITDA
PE
EV Productive supply
058
467
184
045
110
Stockholders equitylsquo07 lsquo08
5023 1132 5023 1586
497
2125
320
298
270176
159
1926
366
320
260179
129
101
Free float ndash 30
ROA EU of RUssiaS
Prosperity Capital Management
Citigroup Global Markets Limited
IMMENSO ENTERPRISES LIMITED
DeutscheBank
Инвест Холдинг Энергетический союз
Pictet amp Cie Banquiers
Skandinaviska Enskilda Banken AB (publ)
Others
Free float ndash 30
Holding MRSK JSCJamica LimitedMELLON BANK NAIMMENSO ENTERPRISES LIMITEDEnergosouz Holdings LimitedHalcyon Power Investment Company LimitedSkandinaviska Enskilda Banken AB (publ)PROSPERITY RASSVET LIMITEDCitigroup Global Markets LimitedOthers
In 2008 Free float Did not change
7
Корпоративное управление
Changes in corporate governance in 2008
General Shareholders Meeting
Board of DirectorsReliability Committee
Strategy and
development Committee
Audit Committee
Personel and
Remuneration Committee
Technical connection to the power grinds committee (founded in February 2009)
Director General
Board- New Governing Bodies
8
Corporate Governance Rating
6+7
B++
laquo7raquo Developed corporate governance practices
9
247293
402
0826 28
40
7
Operating results
50454035302520151050 06 07 08
REVENUES BY ACTIVITY 45
IN BILLION RUB 35
transfere ээ3025
technical accession
Other activities
20151050
3210
06REVENUE FROM TRANSFER
07 08 06REVENUE TECH ACCESSION IN
07 08
10
ЭЭ in billions RUB
Transit revenue from other TNO Revenue without other TNO
BILLION RUB
REVENUE TECH ACCESSION
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
3
Companyrsquos History
171204 IDGC of Center is registered in order to further inter-regional integration as an adherence to the Company of distribution companies 270407 the final Companyrsquos configuration is approved comprised of 11 regional grid companies of the Center of Russia ldquoBelgorodenergordquo ldquoBryanskenergordquo ldquoVoronezhenergordquo ldquoKostromaenergordquo ldquoKurskenergordquo ldquoLipetskenergordquo ldquoOrelenergordquo ldquoSmolenskenergordquo ldquoTambovenergordquo ldquoTverenergordquo ldquoYarenergordquo( ldquoRAO UES of Russiardquo decision the protocol 250 of 270407) 310308 - the date of DGC accession to the IDGC of Center (on the basis of a decisions of general meetings of 1048747IDGC of Centre raquo JSC and 11 DGC shareholders) 210508 IDGC of Center shares are admitted to trades on the MICEX (MRKC) and RTS
(MRKC MRKCG) 010708 JSC ldquoIDGC Holdingrdquo becomes a majority shareholder of the Company with a 5023 share of the stated capital
1
2
3
4
5
6
7
8
9
4
IDGC of Centre map
IDGC of CentreBelgorodenergo
Bryanskenergo
Voronezhenergo
Kostromaenergo
Kurskenergo
Lipetskenergo
Orelenergo
Smolenskenergo
Tambovenergo
10
11
Tverenergo
Yarenergo
5
Key figures
Authorization of capital (31122008)
Number of shareholders (04052009)
Revenues (2008 )
Net profit (2008)
Net asset value(31122008 )
Productive supply(without other TNO 2008)
The length of the lines(on HV li ne 04 mdash 110 kv 31122008)
Station capacity (31122008 )
35 mdash 110 кВ6 mdash 3504 кВ
Number of staff (31122008)
161 bln RUB549 bln USD17170
436 bln RUB
09 bln RUB
397 bln RUB
566 bln kWh
362 3292 km
305927 MVA1446011 MVA23 680 people
Security market
MICEX Index MICEX PWR dynamics comparison and IDGC of Center capitalization in 2008
Shares codes on stock
exchanges
MICEX
RTS classic
RTS market
MRKC
MRKC
MRKCG
Basic multipliers на 31122008г
IDGC of Center stocks are better then industry average index by 5
EVSales
EVEBITDA
PE
EV Productive supply
058
467
184
045
110
Stockholders equitylsquo07 lsquo08
5023 1132 5023 1586
497
2125
320
298
270176
159
1926
366
320
260179
129
101
Free float ndash 30
ROA EU of RUssiaS
Prosperity Capital Management
Citigroup Global Markets Limited
IMMENSO ENTERPRISES LIMITED
DeutscheBank
Инвест Холдинг Энергетический союз
Pictet amp Cie Banquiers
Skandinaviska Enskilda Banken AB (publ)
Others
Free float ndash 30
Holding MRSK JSCJamica LimitedMELLON BANK NAIMMENSO ENTERPRISES LIMITEDEnergosouz Holdings LimitedHalcyon Power Investment Company LimitedSkandinaviska Enskilda Banken AB (publ)PROSPERITY RASSVET LIMITEDCitigroup Global Markets LimitedOthers
In 2008 Free float Did not change
7
Корпоративное управление
Changes in corporate governance in 2008
General Shareholders Meeting
Board of DirectorsReliability Committee
Strategy and
development Committee
Audit Committee
Personel and
Remuneration Committee
Technical connection to the power grinds committee (founded in February 2009)
Director General
Board- New Governing Bodies
8
Corporate Governance Rating
6+7
B++
laquo7raquo Developed corporate governance practices
9
247293
402
0826 28
40
7
Operating results
50454035302520151050 06 07 08
REVENUES BY ACTIVITY 45
IN BILLION RUB 35
transfere ээ3025
technical accession
Other activities
20151050
3210
06REVENUE FROM TRANSFER
07 08 06REVENUE TECH ACCESSION IN
07 08
10
ЭЭ in billions RUB
Transit revenue from other TNO Revenue without other TNO
BILLION RUB
REVENUE TECH ACCESSION
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
1
2
3
4
5
6
7
8
9
4
IDGC of Centre map
IDGC of CentreBelgorodenergo
Bryanskenergo
Voronezhenergo
Kostromaenergo
Kurskenergo
Lipetskenergo
Orelenergo
Smolenskenergo
Tambovenergo
10
11
Tverenergo
Yarenergo
5
Key figures
Authorization of capital (31122008)
Number of shareholders (04052009)
Revenues (2008 )
Net profit (2008)
Net asset value(31122008 )
Productive supply(without other TNO 2008)
The length of the lines(on HV li ne 04 mdash 110 kv 31122008)
Station capacity (31122008 )
35 mdash 110 кВ6 mdash 3504 кВ
Number of staff (31122008)
161 bln RUB549 bln USD17170
436 bln RUB
09 bln RUB
397 bln RUB
566 bln kWh
362 3292 km
305927 MVA1446011 MVA23 680 people
Security market
MICEX Index MICEX PWR dynamics comparison and IDGC of Center capitalization in 2008
Shares codes on stock
exchanges
MICEX
RTS classic
RTS market
MRKC
MRKC
MRKCG
Basic multipliers на 31122008г
IDGC of Center stocks are better then industry average index by 5
EVSales
EVEBITDA
PE
EV Productive supply
058
467
184
045
110
Stockholders equitylsquo07 lsquo08
5023 1132 5023 1586
497
2125
320
298
270176
159
1926
366
320
260179
129
101
Free float ndash 30
ROA EU of RUssiaS
Prosperity Capital Management
Citigroup Global Markets Limited
IMMENSO ENTERPRISES LIMITED
DeutscheBank
Инвест Холдинг Энергетический союз
Pictet amp Cie Banquiers
Skandinaviska Enskilda Banken AB (publ)
Others
Free float ndash 30
Holding MRSK JSCJamica LimitedMELLON BANK NAIMMENSO ENTERPRISES LIMITEDEnergosouz Holdings LimitedHalcyon Power Investment Company LimitedSkandinaviska Enskilda Banken AB (publ)PROSPERITY RASSVET LIMITEDCitigroup Global Markets LimitedOthers
In 2008 Free float Did not change
7
Корпоративное управление
Changes in corporate governance in 2008
General Shareholders Meeting
Board of DirectorsReliability Committee
Strategy and
development Committee
Audit Committee
Personel and
Remuneration Committee
Technical connection to the power grinds committee (founded in February 2009)
Director General
Board- New Governing Bodies
8
Corporate Governance Rating
6+7
B++
laquo7raquo Developed corporate governance practices
9
247293
402
0826 28
40
7
Operating results
50454035302520151050 06 07 08
REVENUES BY ACTIVITY 45
IN BILLION RUB 35
transfere ээ3025
technical accession
Other activities
20151050
3210
06REVENUE FROM TRANSFER
07 08 06REVENUE TECH ACCESSION IN
07 08
10
ЭЭ in billions RUB
Transit revenue from other TNO Revenue without other TNO
BILLION RUB
REVENUE TECH ACCESSION
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
5
Key figures
Authorization of capital (31122008)
Number of shareholders (04052009)
Revenues (2008 )
Net profit (2008)
Net asset value(31122008 )
Productive supply(without other TNO 2008)
The length of the lines(on HV li ne 04 mdash 110 kv 31122008)
Station capacity (31122008 )
35 mdash 110 кВ6 mdash 3504 кВ
Number of staff (31122008)
161 bln RUB549 bln USD17170
436 bln RUB
09 bln RUB
397 bln RUB
566 bln kWh
362 3292 km
305927 MVA1446011 MVA23 680 people
Security market
MICEX Index MICEX PWR dynamics comparison and IDGC of Center capitalization in 2008
Shares codes on stock
exchanges
MICEX
RTS classic
RTS market
MRKC
MRKC
MRKCG
Basic multipliers на 31122008г
IDGC of Center stocks are better then industry average index by 5
EVSales
EVEBITDA
PE
EV Productive supply
058
467
184
045
110
Stockholders equitylsquo07 lsquo08
5023 1132 5023 1586
497
2125
320
298
270176
159
1926
366
320
260179
129
101
Free float ndash 30
ROA EU of RUssiaS
Prosperity Capital Management
Citigroup Global Markets Limited
IMMENSO ENTERPRISES LIMITED
DeutscheBank
Инвест Холдинг Энергетический союз
Pictet amp Cie Banquiers
Skandinaviska Enskilda Banken AB (publ)
Others
Free float ndash 30
Holding MRSK JSCJamica LimitedMELLON BANK NAIMMENSO ENTERPRISES LIMITEDEnergosouz Holdings LimitedHalcyon Power Investment Company LimitedSkandinaviska Enskilda Banken AB (publ)PROSPERITY RASSVET LIMITEDCitigroup Global Markets LimitedOthers
In 2008 Free float Did not change
7
Корпоративное управление
Changes in corporate governance in 2008
General Shareholders Meeting
Board of DirectorsReliability Committee
Strategy and
development Committee
Audit Committee
Personel and
Remuneration Committee
Technical connection to the power grinds committee (founded in February 2009)
Director General
Board- New Governing Bodies
8
Corporate Governance Rating
6+7
B++
laquo7raquo Developed corporate governance practices
9
247293
402
0826 28
40
7
Operating results
50454035302520151050 06 07 08
REVENUES BY ACTIVITY 45
IN BILLION RUB 35
transfere ээ3025
technical accession
Other activities
20151050
3210
06REVENUE FROM TRANSFER
07 08 06REVENUE TECH ACCESSION IN
07 08
10
ЭЭ in billions RUB
Transit revenue from other TNO Revenue without other TNO
BILLION RUB
REVENUE TECH ACCESSION
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
Security market
MICEX Index MICEX PWR dynamics comparison and IDGC of Center capitalization in 2008
Shares codes on stock
exchanges
MICEX
RTS classic
RTS market
MRKC
MRKC
MRKCG
Basic multipliers на 31122008г
IDGC of Center stocks are better then industry average index by 5
EVSales
EVEBITDA
PE
EV Productive supply
058
467
184
045
110
Stockholders equitylsquo07 lsquo08
5023 1132 5023 1586
497
2125
320
298
270176
159
1926
366
320
260179
129
101
Free float ndash 30
ROA EU of RUssiaS
Prosperity Capital Management
Citigroup Global Markets Limited
IMMENSO ENTERPRISES LIMITED
DeutscheBank
Инвест Холдинг Энергетический союз
Pictet amp Cie Banquiers
Skandinaviska Enskilda Banken AB (publ)
Others
Free float ndash 30
Holding MRSK JSCJamica LimitedMELLON BANK NAIMMENSO ENTERPRISES LIMITEDEnergosouz Holdings LimitedHalcyon Power Investment Company LimitedSkandinaviska Enskilda Banken AB (publ)PROSPERITY RASSVET LIMITEDCitigroup Global Markets LimitedOthers
In 2008 Free float Did not change
7
Корпоративное управление
Changes in corporate governance in 2008
General Shareholders Meeting
Board of DirectorsReliability Committee
Strategy and
development Committee
Audit Committee
Personel and
Remuneration Committee
Technical connection to the power grinds committee (founded in February 2009)
Director General
Board- New Governing Bodies
8
Corporate Governance Rating
6+7
B++
laquo7raquo Developed corporate governance practices
9
247293
402
0826 28
40
7
Operating results
50454035302520151050 06 07 08
REVENUES BY ACTIVITY 45
IN BILLION RUB 35
transfere ээ3025
technical accession
Other activities
20151050
3210
06REVENUE FROM TRANSFER
07 08 06REVENUE TECH ACCESSION IN
07 08
10
ЭЭ in billions RUB
Transit revenue from other TNO Revenue without other TNO
BILLION RUB
REVENUE TECH ACCESSION
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
110
Stockholders equitylsquo07 lsquo08
5023 1132 5023 1586
497
2125
320
298
270176
159
1926
366
320
260179
129
101
Free float ndash 30
ROA EU of RUssiaS
Prosperity Capital Management
Citigroup Global Markets Limited
IMMENSO ENTERPRISES LIMITED
DeutscheBank
Инвест Холдинг Энергетический союз
Pictet amp Cie Banquiers
Skandinaviska Enskilda Banken AB (publ)
Others
Free float ndash 30
Holding MRSK JSCJamica LimitedMELLON BANK NAIMMENSO ENTERPRISES LIMITEDEnergosouz Holdings LimitedHalcyon Power Investment Company LimitedSkandinaviska Enskilda Banken AB (publ)PROSPERITY RASSVET LIMITEDCitigroup Global Markets LimitedOthers
In 2008 Free float Did not change
7
Корпоративное управление
Changes in corporate governance in 2008
General Shareholders Meeting
Board of DirectorsReliability Committee
Strategy and
development Committee
Audit Committee
Personel and
Remuneration Committee
Technical connection to the power grinds committee (founded in February 2009)
Director General
Board- New Governing Bodies
8
Corporate Governance Rating
6+7
B++
laquo7raquo Developed corporate governance practices
9
247293
402
0826 28
40
7
Operating results
50454035302520151050 06 07 08
REVENUES BY ACTIVITY 45
IN BILLION RUB 35
transfere ээ3025
technical accession
Other activities
20151050
3210
06REVENUE FROM TRANSFER
07 08 06REVENUE TECH ACCESSION IN
07 08
10
ЭЭ in billions RUB
Transit revenue from other TNO Revenue without other TNO
BILLION RUB
REVENUE TECH ACCESSION
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
Корпоративное управление
Changes in corporate governance in 2008
General Shareholders Meeting
Board of DirectorsReliability Committee
Strategy and
development Committee
Audit Committee
Personel and
Remuneration Committee
Technical connection to the power grinds committee (founded in February 2009)
Director General
Board- New Governing Bodies
8
Corporate Governance Rating
6+7
B++
laquo7raquo Developed corporate governance practices
9
247293
402
0826 28
40
7
Operating results
50454035302520151050 06 07 08
REVENUES BY ACTIVITY 45
IN BILLION RUB 35
transfere ээ3025
technical accession
Other activities
20151050
3210
06REVENUE FROM TRANSFER
07 08 06REVENUE TECH ACCESSION IN
07 08
10
ЭЭ in billions RUB
Transit revenue from other TNO Revenue without other TNO
BILLION RUB
REVENUE TECH ACCESSION
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
Corporate Governance Rating
6+7
B++
laquo7raquo Developed corporate governance practices
9
247293
402
0826 28
40
7
Operating results
50454035302520151050 06 07 08
REVENUES BY ACTIVITY 45
IN BILLION RUB 35
transfere ээ3025
technical accession
Other activities
20151050
3210
06REVENUE FROM TRANSFER
07 08 06REVENUE TECH ACCESSION IN
07 08
10
ЭЭ in billions RUB
Transit revenue from other TNO Revenue without other TNO
BILLION RUB
REVENUE TECH ACCESSION
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
247293
402
0826 28
40
7
Operating results
50454035302520151050 06 07 08
REVENUES BY ACTIVITY 45
IN BILLION RUB 35
transfere ээ3025
technical accession
Other activities
20151050
3210
06REVENUE FROM TRANSFER
07 08 06REVENUE TECH ACCESSION IN
07 08
10
ЭЭ in billions RUB
Transit revenue from other TNO Revenue without other TNO
BILLION RUB
REVENUE TECH ACCESSION
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
7
Operating results
17
83
The market share of energy trans-mission (in monetary terms))
20
80
The market share of tech-nological
connection (in monetary terms)
Own revenues TNO reveues IDGC of Centre revenue TNO reveues
11
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
7
Operating results
Profit losses aggregatesBil BUB 2006 2007 2008 20072006 20082007
Revenue
Revenue without other TNO
Prime coast
Total profitProfitability of sales gross profit
Net profitProfitability of sales on net profit
259
259
231
28
11
13
51
324
316
275
48
15
20
61
436
369
376
60
14
09
20
25
22
19
71
50
34
17
36
24
-56
12
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
Operating resultsCapital structure
Bil RUB 2006 2007 2008 20072006 20082007
Shareholdersrsquo interests
Borrowed capital
Including loans and credits
373
74
34
391
121
65
397
184
94
5
63
91
1
53
45
Gearing on the 6830
liabil-ities side
Cash and
17 24 32
1230
1940
short-term investments 011 038 007
СТРУКТУРА КАПИТАЛА НА 31122008Г
Net debt 33 61 93 Shareholderrsquos interests Long-term bo rrowed capital
Short-term bo rrowed capital
13
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
784906
450
Capturing 9071000
7
Operating results
Characteristic of investment activity in 2008 Bil RUB witout VAT
800
600
400
Key assets
Financing
Bil RUB witout VAT
Bil RUB witout VAT
774
907200
000
06 07Investments Bil RUB
08
Power input
Capasity gain
km
MVA
km
MVA
3 263660
1 886432
Investments Bil RUB
14
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
7
Operating results
100
80
60
40
20
0
100
80
60
40
20
0
06 07 08 06 07 08
Investment structure
Modernization and reconstruction
new construction and expantion
Other
Funding Source
DeprecationProfit from the e|e transfereBorrowing coastsThe fee for tech assesionOther
15
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
7
The introduction of RAB methodology
The introductionof tariff designusing RAB methodology since 2009bullBelgorodenergobullLipetskenergobullTverenergo
IDC Center - the leader in the introduction of RAB in Russia
16
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
25351 25523
23680
7
Персонал
2700
10026 00025 000
24 000
23 000
22 000
300
3400
3500
06 07 08
17
Number of stuff
Number at the end of the year
Agreement comes in to effect from 1st of July 2008
Stuff on 31122008Г
Doctor PhD two or more higher degrees Higher prof Education Secondary prof Education Initial prof Education
Incomplete primary education
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
Перспективы
Cushioning of risks
Market-share gain
Increase of
Managerial efficiency
Development of com-panyrsquos security market
18
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
Annual general shareholders meetinglaquoIDGC of Centreraquo JSC 11 June 2009
Item 1 ldquoApproval of the annual report for 2008 annual accounting reports for 2008 including profit and loss state-ment of the company and the allocation of profit (including distribution of dividends) and losses based on the results of 2008 financial year ldquo
Co-presentation on the distribution of profits (including dividends) and losses based on the results of financial year 2008
Evgeny Alexeyevich BRONNIKOV mdash Deputy General Director for Economy and Finance of IDGC of Centre
19
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
-
-
-
Net profit distribution for the year 2008 mln RUB
20
Net income total
distribute to
Contingency fund
Accumulation fund
Production development
Dividends
Repayment of undistributed deficit of prior years
2 16490
10825
2 05666
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
3
Enquires
laquoIDGC of Centreraquo JSC 129090Russion Federation Moscow city Glukharev Lane 4 2 Tel +74957479292 Fax +74957479292 www mrsk-1ru Direct Line 8 800 50 50 115 (call free)
Tatyana Anatolievna KULBAKI NA Director for Corporate Relations of I DGC of Centre JSC KulbakinaT Amrsk-1ru
Ochkasov E A ndash Head Department for interaction between shareholders station 3033 Ochkasov_EAmrsk-1ru
21
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-
3
Thank you for your attention
22
- Slide 1
- Slide 2
- Slide 3
- Slide 4
- Slide 5
- Slide 6
- Slide 7
- Slide 8
- Slide 9
- Slide 10
- Slide 11
- Slide 12
- Slide 13
- Slide 14
- Slide 15
- Slide 16
- Slide 17
- Slide 18
- Slide 19
- Slide 20
- Slide 21
- Slide 22
-