WAY UPWARDS - HSE

4 Annual Report 2011
1.2 Report of the Supervisory Board
In accordance with provisions of Article 282 of the Companies Act (ZGD-1b), the Supervisory Board
of Holding Slovenske elektrarne d.o.o. hereby informs the Founder of the following:
• The method and extent of examination of the Company’s operations in the 2011 financial year;
• The review and confirmation of the annual report of the company HSE and the HSE Group for
2011;
• The examination of the proposal for allocation of accumulated profit;
• The Supervisory Board’s position on the auditor’s reports.
In the 2011 financial year, the Supervisory Board included the following owner’s representatives: from
1 January 2011 to 31 December 2011, Drago Dolinar, Ph.D., Marjan Ravnikar, M.Sc., and Vekoslav
Korošec, M.Sc.; Jadranko Medak participated in the company‘s Supervisory Board from 1 January
2011 to 19 January 2011, while Igor Šalamun, Ph.D. from 20 January 2011 to 31 December 2011.
The employee representatives were: Rene Jeromel and Mojca Turnšek, M.Sc., from 1 January 2011 to
31 December 2011.
At its 4th regular meeting on 19 January 2011, the Supervisory Board adopted a decision on establishment
and structure of the Audit Committee which comprises three members: Marjan Ravnikar,
M.Sc., President, Brane Podboršek, who was appointed to the Audit Committee in accordance with
the Article 280 of the Companies Act as an independent expert from accounting and tax area, Member,
and Rene Jeromel who was appointed by the Worker‘s Council of the company HSE d.o.o. in
accordance with provisions of the Worker Participation in Management Act. Until the end of the year
(31 December 2011), the Committee held its meetings in the same structure.
At its 6th regular meeting on 11 March 2011, the Supervisory Board established the Committee for
Monitoring Larger Investment Projects of the HSE Group. Vekoslav Korošec, M.Sc., was elected President,
while Mojca Turnšek, M.Sc., was elected Member. Their term of office started with the appointment
of the third member at the 7th regular meeting as at 19 April 2011, i.e. Peter Groznik, Ph.D.. As
at 19 October 2011, Peter Groznik, Ph.D. submitted an irrevocable resignation statement. At its 12th
regular meeting, the HSE Supervisory Board established that until the new member of Committee
for Monitoring Larger Investment Projects of the HSE Group is appointed, the status of other two
Committee members, i.e. Vekoslav Korošec, M.Sc., and Mojca Turnšek, M.Sc., is also dormant, and
their term of office will begin on the day of the new member‘s appointment. In this period, the HSE
Supervisory Board does not have the Committee for Monitoring Larger Investment Projects of the
HSE Group. The Committee has not held any meeting.
From 1 January 2011 to 31 December 2011, Matjaž Janežič, M.Sc., Managing Director of the company
attended the Supervisory Board meetings.