QUARTERLY REPORT Quarter 2 of 2012 - Холдинг МРСК

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Government of the Russian Federation No. 696 of September 23, 2002; and Order of the Ministry of Finance of the Russian Federation No. 46n of May 20, 2010; and pursuant to Order of JSC IDGC Holding No. 91 of March 11, 2012; a bidding procedure for the right to enter into the agreement to audit the financial (accounting) statements of JSC IDGC Holding in accordance with Russian Accounting Standards for 2012 was conducted. The principal requirements applicable to auditing firms are as follows: - membership in any self-regulatory organization for auditors; - not to be liquidated; no arbitration court decisions on insolvency and the initiation of bankruptcy proceedings; - no resolutions on the suspension of operation adopted in accordance with the procedure provided for by the Code of the Russian Federation on administrative offenses as of the day of consideration of the Tendering Participation Request; - no overdue accrued taxes, dues and other compulsory payments to the budgets of any level or extra-budgetary public funds for the previous calendar year accounting for more than twenty-five percent of the book value of the member’s assets based on data from the accounting statements for the most recently closed reporting period; - no details in the register of mala fide suppliers. Procedure for submitting the auditor candidate for approval by the meeting of shareholders (members), including the management body adopting the relevant decision: Audit of the consolidated financial statements. The auditor candidate retained for auditing the consolidated financial statements of IDGC Holding Group in accordance with International Financial Reporting Standards is not submitted for consideration by the Company’s management bodies. Audit of the accounting (financial) statements. As specified in Article 15.2 of the Articles of Association of JSC IDGC Holding, the Company’s auditor (auditing organization) shall be recommended to the General Meeting of Shareholders by the Board of Directors of the Company according to the results of a competitive selection of the auditing organization for the mandatory audit of the Company, which selection is conducted in accordance with the procedure prescribed by the Board of Directors of the Company. The General Meeting of Shareholders shall approve the auditor (auditing organization) of the Company. Information concerning work performed by the auditor as part of special engagements: Not applicable. Procedure for determining the amount of the auditor’s fee, the actual amount of fee paid by the issuer to the auditor for the most recently closed fiscal year for which the auditor conducted an independent audit of the accounting (financial) statements of the issuer, information concerning deferred and past due payments for the services provided by the auditor: Audit of the consolidated financial statements. The auditor’s fee and its payment procedure are specified in the agreement between the Company and the auditor. In August 2011, JSC IDGC Holding and ZAO KPMG entered into an agreement for the audit of the consolidated financial statements of IDGC Holding Group in accordance with International Financial Reporting Standards for the 6 months of 2011. Under the agreement, in the 4th quarter of 2011 and the 1st quarter of 2012, the auditor received a fee of 6,962 thousand rubles and a fee of 13,924 thousand rubles respectively. In February 2012, an agreement was entered into for the audit of the consolidated financial statements of the Company and its subsidiaries and dependent companies in accordance with International Financial Reporting Standards for 2011. Under the agreement, a fee of 13,924 thousand rubles was paid in the 1st half of 2012. Audit of the accounting (financial) statements. As specified in the Company’s Articles of Association, the size of the auditor’s fee is defined by the Board of Directors. The auditor’s fee and its payment procedure are specified in the agreement between the Company and the auditor. 10
As of the last date of the reporting quarter, the fee for the audit of the accounting (financial) statements of JSC IDGC Holding for 2012 in accordance with Russian Accounting Standards was not paid. Information concerning deferred and past due payments for the services provided by the auditor: Not applicable. The Annual General Meeting of Shareholders of JSC IDGC Holding held on June 30, 2012, decided to approve ZAO KPMG as JSC IDGC Holding’s auditor to audit JSC IDGC Holding’s financial (accounting) statements in accordance with Russian standards for 2012. 1.4. Information Concerning the Issuer’s Appraiser Information contained in this paragraph remained unchanged in the reporting quarter. 1.5. Information Concerning the Issuer’s Advisors In relation to the reasons listed in this paragraph, the issuer did not engage any financial advisor within 12 month prior to the end of the reporting quarter. 1.6. Information Concerning Other Individuals Who Signed This Quarterly Report Full name: Oleg Mikhailovich Budargin Year of birth: 1960 Primary employer details: Entity: JSC FGC UES Title: Chairman of the Management Board Full name: Galina Ivanovna Zhabbarova Year of birth: 1963 Primary employer details: Entity: JSC IDGC Holding Title: Chief Accountant, Head of the Department for Business and Tax Accounting II. Basic Information Concerning the Financial and Economic Condition of the Issuer 2.1. Financial and Economic Performance Indicators of the Issuer Changes in the issuer’s financial and economic performance indicators calculated on the basis of its accounting (financial) statements Standard (rules) applicable to the accounting (financial) statements used for calculating such indicators: Russian Accounting Standards Unit of measurement for calculations of workforce productivity: thousand rubles/employee Indicator 6 months of 2011 6 months of 2012 Workforce productivity 8,664 7,996.5 Debt to equity ratio 0.24 0.43 11
Page 1 and 2: QUARTERLY REPORT JSC Interregional
Page 3 and 4: 3.5. Issuer-Controlled Entities of
Page 5 and 6: Introduction Grounds for the assump
Page 7 and 8: 1.3. Information Concerning the Iss
Page 9: Location Russia, 105120, Moscow, 3-
Page 13 and 14: · a decrease in the Company’s bu
Page 15 and 16: Value of accounts payable: 143,662
Page 17 and 18: performance of securities-related o
Page 19 and 20: whose shares are held by the Compan
Page 21 and 22: implementing investment, innovative
Page 23 and 24: usiness days after such conflict of
Page 25 and 26: 3.1.5. Taxpayer Identification Numb
Page 27 and 28: Total: Expenses related to producti
Page 29 and 30: Anatoly Anatolievich Gavrilenko 0 0
Page 31 and 32: authorized capital of the issuer (%
Page 33 and 34: Type of control: direct control Sta
Page 35 and 36: capital of the issuer (%) by the in
Page 37 and 38: capital of the issuer (%) by the in
Page 39 and 40: Full corporate name: Interregional
Page 41 and 42: Percentage of ordinary shares held
Page 43 and 44: Alexander Viktorovich Shevchuk 0.00
Page 45 and 46: Full Name Stake held by the individ
Page 47 and 48: OGRN (Principal State Registration
Page 49 and 50: Ruslan Kimovich Tsiku 0 0 Mikhail Y
Page 51 and 52: Uncovered loss at balance sheet dat
Page 53 and 54: Changes in indicators describing th
Page 55 and 56: date when the decision to pay such
Page 57 and 58: Number of securities owned by the i
Page 59 and 60: 1) amendment of the Articles of Ass
Page 61 and 62:
f) placement of securities of SDCs
Page 63 and 64:
consideration by the Board of Direc
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Period Entity Title From To 2005 20
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2008 present Association of Lawyers
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2008 2009 OAO Energosetproekt Insti
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Stake held by the individual in the
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2009 present OAO Energosetproekt In
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2008 2010 JSC RAO Energy System of
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in the field of economics or offenc
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Full Name: Thomas Hendel Year of Bi
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Directors 2010 2011 Energy Forecast
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The Committees of the Board of Dire
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None of such sanctions were imposed
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Full Name: Aleksey Vladimirovich De
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2008 2009 OAO Irkutsk Power Grids M
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2012 present Rosneft Head of the Pr
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Commission fees 0 Benefits 0 Expens
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Remuneration for participation in t
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term and consists of 16 staff membe
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2006 2008 Federal Agency for State
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Management Board 2009 2010 JSC IDGC
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2011 2012 OAO Kursktopprom Member o
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1998 2009 Russian Fuel Union (part-
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Year of Birth: 1955 Education: high
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chronological order, including part
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Risk Management Department 2010 pre
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The individual did not hold any of
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No stake/ordinary shares held in th
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Full Name: Yulia Anatolyevna Tsindi
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Indicator Description 6 months of 2
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such shares and the Incentive Progr
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Issued on: October 9, 2002 Valid un
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Short corporate name: Russian Feder
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Value of and terms applicable to pa
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Other current assets 1260 7,216 3,9
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7.3. Consolidated Accounting (Conso
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securities market for the placement
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Total par value: 47,871,694,416 Per
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Short corporate name: JSC VNIPIENER
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Location Russia, 620075, Yekaterinb
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Location Russia, 603950, Nizhni Nov
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Russia, 367020, Republic of Dagesta
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INN (Taxpayer Identification Number
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• receive some of the Company’s
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Category (type) of shares: ordinary
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QUARTERLY REPORT Quarter 2 of 2012 - Холдинг МРСК

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