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Download Report (PDF; 3.90 Mb) - Lukoil

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SOCIAL POLICYCorporate expenses for pensioner support, million roubles2002 2003 2004Total expenses for pensionersupport 106 157 149The Company pays significant attention to providing moral support toretired pensioners and using their professional experience. Thoseefforts are coordinated by the Council for LUKOIL Veterans' Affairs createdin 2003.Social infrastructureLUKOIL social infrastructure facilities provide additional bonuses andservices to employees and their families. In order to compensate forthe inadequacy of municipal social infrastructure in the regions, organisationshave had to build and maintain social facilities and make significantinvestments in them. At present social partnership withregional and local governments leads to a division of responsibility forthe infrastructure and to joint participation in social development ofthe regions.Costs of social infrastructure maintenance, million roublesExpense 2003 2004Total costs of social infrastructure maintenance, 1,480 1,364including:maintenance of facilities on the balanceof organisations 1,269 1,134maintenance of facilities under contractwith earmarked (joint) funding and otherkinds of contracts 211 23057

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