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Annual report 2010

Annual report 2010

Annual report 2010

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4. Message to the Shareholders of JSC IDGC HoldingDear Shareholders:For JSC IDGC Holding, the year <strong>2010</strong> became an important step on its path to accomplishing the Company’sstrategic objective of creating innovative, high-technology and efficient electricity distribution grid sector,ensuring reliable, high-quality and safe power supply to customers in an environment of growing needs ofnational economy and social development.Assembling 11 interregional distribution grid companies and 5 regional distribution grid companies, includingmore than 100 branches, 1,694 distribution zones, IDGC Holding is the world’s largest infrastructuralentity rendering power distribution services in 69 constituent entities of the Russian Federation. In <strong>2010</strong>,more than 2 million km of networks transmitted to customers 592 billion kWh of electricity. Consolidated revenuewas RUB 535 billion, which is 2% higher than planned.Last year was challenging for the employees of IDGC Holding. Unprecedented intensity and scope of abnormalnatural phenomena such as summer forest fires and December “freezing rain” necessitate consolidatedefforts of the entire team. Labor heroism, high commitment and professionalism, shown by the employees ofIDGC Holding, allowed promptly eliminating the consequences of process failures and renewing power supplyto the damaged regions.15

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