SECURITIES PROSPECTUS

eceivables from RAO UES of Russia for design and engineering 246100.00other receivables 24611 1,488,507,840.00settlements related to share purchase 24612 51,000.00notes 246136,246,105,000.00Short-term financial investments, including 25079,603,762.63loans extended for less than 12 months 251 79,603,762.63other short-term financial investments 253 0.00Cash, including 260320,095,769.87cash in hand 261 0.00settlement accounts 262 320,095,769.87foreign currency accounts 263 0.00other cash, namely: 2640.00special bank accounts 264010.00cash documents 26402 0.00transfers in transit 26403 0.00Other current assets, including 2700.00intercompany settlements related to current operations 27002 0.00intercompany settlements related to construction 27003 0.00intercompany settlements related to design and engineering 27004 0.00intercompany settlements related to asset protection budget 270060.00intercompany settlements related to VAT 27007 0.00other current assets 27005 0.00Section II Total 290 13,389,460,381.20Balance (sum of lines 190+290) 300246,419,920,890.63III. CAPITAL AND RESERVESAuthorized capital, including 410 43,116,903,368.00preference shares 41001 2,075,149,384.00ordinary shares 4100241,041,753,984.00Treasury shares 411Incremental capital 420 0.00Settlements with regard to segregated property 423Reserve funds, including 430 0.00statutory reserves 431 0.00reserves formed in accordance with constitutive documents 432 0.00Special-purpose financing 450 0.00Undistributed profit of previous years 460 195,341,204,292.09Uncovered loss of previous years 4650.00Undistributed profit of the reporting year 470 0.00Uncovered loss of the reporting year 475 0.00217