Annual report 2010

- efficiency evaluation of the performance of the executive arm as relatedto the or ganization o f a nd c ontrol o ver t he i nvestment a ctivities o f JSC ID GCHolding Group of Companies in 2010-2011;- analysis of the efficiency and organization of control over procurementactivities at JSC IDGC Holding.Approved unanimously.4. THE FOLLOWING PERSONS WERE HEARD:I. A. Alimuradova, V. A. Gulyaev, S. Remes, and A. V. DemidovDevelopment of the competence model of the internal audit units of JSCIDGC Holding and its subsidiaries and dependent companies.It was resolved as follows:4.1. The approach presented by the Internal Audit and Risk ManagementDepartment of JS C ID GC H olding t o the development of the P rogram f orDevelopment and Training of E mployees of t he Int ernal A udit and RiskManagement Divisions of SDCs of JSC IDGC Holding shall be approved.4.2. It shall be recommended to the Chairmen of the Audit Committees ofthe Boards of Directors of SDCs of JSC IDGC Holding to consider at the meetingsof the C ommittees t he i ssue re lated t o t he or ganization of t he P rogram forDevelopment and Training of E mployees of t he Int ernal A udit and RiskManagement D ivisions of SDCs of J SC I DGC H olding an d co sts for t heimplementation thereof.4.3. The Internal Audit and Risk Management Department of JSC IDGCHolding shall be instructed to submit a report on the results of the implementationof the Program for Development and Training of Employees of the Internal Auditand Risk M anagement D ivisions i n SDCs of JSC ID GC Holding to the A uditCommittee of the Board of Directors of JSC IDGC Holding.Approved unanimously.Seppo RemesChairman of the Audit CommitteeSecretary of the Audit CommitteeA. F. BikmurzinTel. 710-41-87Е-mail: bikmurzin@holding-mrsk.ru4