QUARTERLY REPORT "Interregional Distribution Grid Company of ...

QUARTERLY REPORT
"Interregional Distribution Grid Company of Centre",
Joint-Stock Company
Issuer's code: 10214-A FOR QUARTER II, 2010 Location: 4/2 Glukharev lane, Moscow, 129090 Russian Federation The information containing in this quarterly report is subject to
disclosure in accordance with the legislation of the Russian Federation on
securities. |General Director | |
|Date: August 13, 2010. |____________ E.F. Makarov |
| |signature |
|Director for the accounting policy | |
|Date: August 10, 2010. |____________ S.Yu. Puzenko |
| |signature |
|Contact person: Principle Specialist of the Department for Corporate |
|Governance of IDGC of Centre Yulia Dmitriebna Staryh |
|Phone: (495) 747-9292 #3286 |
|Fax: (495) 747-9295 |
|e-mail: Staryh_YD@mrsk-1.ru |
|Internet website used by the issuer for the information disclosure, |
|containing in this quarterly report: www.mrsk-1.ru |
Table of contents Table of contents 2
Introduction 5
I. Brief data on the persons forming a part of the governance bodies of
the issuer, data on bank accounts, on the auditor, appraiser and the
financial adviser of the issuer, and also on other persons who signed the
prospectus 6
1.1. The persons who are a part of the governance bodies of the issuer 6
1.2. Data on bank accounts of the issuer 6
1.3. Data on the auditor(s) of the issuer 9
1.4. Data on the appraiser(s) of the issuer 15
1.5. Data on advisers of the issuer 18
1.6. Data on other persons who signed the quarterly repot 18
II. Main information on financial and economic condition of the issuer
18
2.1. Indicators of financial and economic activities of the issuer 18
2.2. Market capitalization of the issuer 19
2.3. Liabilities of the issuer 20
2.3.1. Accounts payable 20
Structure of the issuer's accounts payable 20
2.3.2. The issuer's credit history 21
2.3.3. Liabilities of the issuer from the maintenance given to the third
parties 23
2.3.4. Other liabilities of the issuer 23
2.4. The purposes of issue and direction of use of the funds received as a
result of placement of issue securities 23
2.5. The risks connected with purchase of placed (or being in the process
of placement) issue securities 23
2.5.1. Industry risks 23
2.5.2. Country and regional risks 28
2.5.3. Financial risks 29
2.5.4. Legal risks 31
2.5.5. The risks connected with activity of the issuer 33
III. Detailed information on the issuer 33
3.1. Creation and development history of the issuer 33
3.1.1. Data on company name of the issuer 33
3.1.2. Data on the state registration of the issuer 34
3.1.3. Data on creation and development of the issuer 34
3.1.4. Contact information 36
3.1.5. Taxpayer identification number 37
3.1.6. Branches and representative offices of the issuer 37
3.2. Main economic activities of the issuer 37
3.2.1. Issuer's industry 37
3.2.2. Main economic activities of the issuer 37
3.2.3. Materials, goods (raw material) and suppliers of the issuer 40
3.2.4. Sales markets of products (works, services) of the issuer 40
3.2.5. Data on the issuer's licenses 41
3.2.6. Joint activity of the issuer 47
3.3. Plans of the future activity of the issuer 47
3.4. Participation of the issuer in industrial, bank and financial groups,
holdings, concerns and associations 49
3.5. Associated and dependent economic entities of the issuer 49
3.6. Composition, structure and value of the fixed assets of the issuer,
information on plans for the fixed assets purchase, replacement,
retirement, as well as on all facts of the issuer's means charging 50
3.6.1. Fixed assets 50
IV. Data on financial and economic activities of the issuer 58
4.1. Results of financial and economic activities of the issuer 58
4.1.1. Profit and losses 58
4.1.2. The factors which influenced change of the amount of the receipt by
the issuer of the goods, products, works, services, and profit (loss) of
the issuer from primary activity 59
4.2. Liquidity of the issuer, sufficiency of the capital and circulating
assets 60
4.3. Amount and structure of the capital and circulating assets of the
issuer 60
4.3.1. Amount and structure of the capital and circulating assets of the
issuer 61
4.3.2. Financial investments of the issuer 62
4.3.3. Immaterial assets of the issuer 63
4.4. Data on the policies and charges of the issuer in the field of
scientific and technical development, concerning licenses and patents, new
development and researches 64
4.5. Analysis of tendencies of development in the sphere of primary
activity of the issuer 64
4.5.1. Analysis of factors and conditions influencing the issuer's
activity 65
4.5.2. Competitors of the issuer 67
V. Detailed data on the persons forming a part of governance bodies of the
issuer, bodies of the issuer undertaking control over its financial and
economic activities, and brief data on the staff (employees) of the issuer
68
5.1. Data on the structure and competence of the issuer's governance
bodies 68
5.2. Information on the persons forming a part of governance bodies of the
issuer 75
5.2.1. Issuer's Board of Directors (Supervisory Board) 75
5.2.2. Data on the sole executive body 88
5.2.3. Collegial executive body of the issuer 89
5.3. Data on amount of remuneration, privileges and/or indemnifications of
charges concerning each governance body of the issuer 97
5.4. Data on structure and competence of the issuer's financial and
economic activities control bodies 98
5.5. Information on the persons forming a part of financial and economic
activities of control bodies of the issuer 101
5.6. Data on amount of remuneration, privileges and/or indemnification of
charges on the body of control over financial and economic activity of the
issuer 105
5.7. Data on the number and the generalized data on education and
structure of the staff (employees) of the issuer, and also on change of
number of the staff (employees) of the issuer 106
5.8. Data on any obligations of the issuer to the staff (employees)
concerning the possibility of their participation in the authorized (joint-
stock) capital (share fund) of the issuer 107
VI. Data on participants (shareholders) of the issuer and on deals
containing an interest made by the issuer 106
6.1. Data on total amount of shareholders (participants) of the issuer
106
6.2. Data on the participants (shareholders) of the issuer owning at least
5 percent of its authorized (joint-stock) capital (share fund) or at least
5 percent of its ordinary shares, as well as data on participants
(shareholders) of such persons owning at least 20 percent of the
authorized (joint-stock) capital (share fund) or at least 20 percent of
their ordinary shares 106
6.3. Data on the stake of the state or municipal formation in the
authorized (joint-stock) capital (share fund) of the issuer, presence of
the special right ("golden share") 108
6.4. Data on restrictions on participation in the authorized (joint-stock)
capital (share fund) of the issue......108
6.5. Data on changes in the composition and stake of shareholders
(participants) of the issuer owning at least 5 percent of its authorized
(joint-stock) capital (share fund) or at least 5 percent of its ordinary
shares 108
6.6. Data on the interested-party deals of the issuer 110
6.7. Data on accounts receivable amount 110
VII. Accounting reporting of the issuer and other financial information
111
7.1. Annual accounting reporting 111
7.2. Quarter accounting reporting of the issuer for the last completed
reporting quarter 111
7.3. Summary accounting reporting of the issuer for the last completed
fiscal year 116
7.4. Data on the accounting policy of the issuer 152
7.5. Data on total sum of export, and on export share in the total amount
of sales 152
7.6. Data on cost of real estate of the issuer and the essential changes
which occurred in the
structure of property of the issuer after the date of the last completed
fiscal year 152
7.7. Data on participation of the issuer in litigations if such
participation can essentially influence financial and economic activities
152
VIII. Additional data on the issuer and on the equity securities floated by
it 152
8.1. Additional data on the issuer 152
8.1.1. Data on the amount, structure of the authorized (joint-stock)
capital (share fund) of the issuer 153
8.1.2. Data on change of the amount of the authorized (joint-stock)
capital (share fund) of the issuer 153
8.1.3. Data on formation and use of the reserve fund and of other funds of
the issuer........................... 153
8.1.4. Data on the procedure of convening and holding the meeting
(conference) of the issuer supreme management body 154
8.1.5. Data on the commercial organizations, in which the issuer owns at
least 5 percent of the authorized (joint-stock) ca