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CONTENTABOUT THE COMPANYGeneral InformationMarket Overview and the Company's Position in the MarketAssets Structure of the Company as of December 31, 2012Priority Activity Directions and Main Products:Production CapacityProduction Goals and ObjectivesSubsidiary and Affiliated Organizations of the CompanyInnovation ActivityIntegrated Report 2012 11
CONTENTGeneral informationJSC “Samruk-Energy” was established on April 18, 2007 in the framework of developmentand implementation of a long-term state policy on modernization of existing andintroduction of new generating facilities, and pursuant to the decision of the GeneralMeeting of Founders. The Company’s founders at that moment were JSC “KazakhstanState Assets Management Holding “Samruk” and JSC “KazTransGas”.The Company was registered on May 10, 2007 with its Central office located in Almaty.On November 3, 2008, due to the merge of JSC “Kazakhstan State Assets ManagementHolding “Samruk” and JSC “Sovereign Wealth Fund “Samruk-Kazyna”, the Company’sShareholder became JSC “Sovereign Wealth Fund “Samruk-Kazyna”, the successor of JSC“Kazakhstan State Assets Management Holding “Samruk”.In May 2010, the Company moved from Almaty to Astana.The Company is a holding that manages energy and coal enterprises in the RepublicofKazakhstan. As of December 31, 2012, asset structure of JSC “Samruk-Energy” included37 organizations. JSC “KazKuat” and JSC “KMG-Energo” are in the process of voluntaryliquidation.Market overview and the Company’sposition in the marketKey sales markets (electric power wholesale and retail markets, thermal power local markets)and the services of subsidiary and related organizations of JSC “Samruk-Energy” by zones ofthe Unified Electric Power System of the Republic of Kazakhstan:• Northern Zone – Akmola, Aktobe, West Kazakhstan, Karagandy, Kostanay, Pavlodar,North Kazakhstan oblasts, and Astana.80% of electricity of the total value of production in Kazakhstanis generated in the Northernzone.This is mainly due to the fact that the main coal deposits of Kazakhstan and hydro powerresources are located in the Northern zone, which significantly reduces the cost ofelectricity generation.Excess of electricity is transmitted to the power-hungry Southern zone and exported toRussia.• Southern Zone – Almaty, Zhambyl, Kyzylorda and South Kazakhstan oblasts, and the cityof Almaty. This zone is characterized by power shortages and high prices for it.The deficit is covered by electricity transmission from the Northern Zone and theConsolidated Power System of Central Asia.• Western Zone–Mangistau, Atyrau, West Kazakhstan oblasts. Most of the projects in theoil and gas sector belong to Western oblasts.Despite the significant hydrocarbon resources, part of the needs in the electric energy iscovered by imports from Russia. In the future, to fully cover its own needs and for powerexport abroad new power generating capacities are planned to be established in the region.ABOUT THE COMPANYIntegrated Report 2012 12
Page 1 and 2: 2012
Page 3 and 4: CONTENTMessage from the Chairman of
Page 5 and 6: CONTENTAbout the ReportIntegrated R
Page 7 and 8: CONTENTSignificant events and state
Page 9 and 10: CONTENTMain indicators of the Socie
Page 11: CONTENTIndustrial and innovation in
Page 15 and 16: CONTENTJSC “Samruk-Energy”Asset
Page 17 and 18: CONTENTGeneration (production) brok
Page 19 and 20: CONTENTNumber of accounts of househ
Page 21 and 22: CONTENTInformation about the Compan
Page 41 and 42: CONTENTInnovation activity of the C
Page 43 and 44: CONTENTFinancial and operating resu
Page 45 and 46: CONTENT№Cost of salesIndicator, t
Page 47 and 48: CONTENTAdministrative expenses№ I
Page 49 and 50: CONTENTFinancial expenses№ Indica
Page 51 and 52: CONTENTIncome forecast for 2013-201
Page 53 and 54: CONTENTLiquidity and financial stab
Page 55 and 56: CONTENTInvestment activityInvestmen
Page 57 and 58: CONTENTInfrastructure development a
Page 59 and 60: CONTENTExpected resultsThe implemen
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CONTENTKazakhstan’s entry into th
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CONTENTTable 1. SWOT-analysis of th
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CONTENTThe Company will participate
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CONTENTKey risk factorsand risk man
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CONTENTCorporate governanceCorporat
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CONTENTImprovement of Corporate Gov
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CONTENTComposition of the Board of
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CONTENTNumber of meetings of the Bo
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CONTENTCommittees of the Board of D
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CONTENTCommittee for Appointments a
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CONTENTInternal Audit ServiceIntern
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CONTENTComposition of the Managemen
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CONTENTEvaluation of the Board memb
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CONTENTCredit CommitteePurpose of e
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CONTENTManagement System and Corpor
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CONTENTAssets and Liabilities Commi
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CONTENTIn the framework of environm
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CONTENTInteraction with stakeholder
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CONTENTSustainable developmentEnvir
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CONTENTTo minimize the impacton the
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CONTENTCompliance with requirements
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CONTENTTotal water withdrawal by so
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CONTENTIn the case of slight contam
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CONTENTThe position of Ombudsman wa
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CONTENTAverage training hours per e
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CONTENTTotal workforce by regionEmp
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CONTENTSocial responsibilityThe Com
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CONTENTBenefits provided to full-ti
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CONTENTRange of ratios of standard
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CONTENTManagement bodies of Samruk-
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CONTENTIn 2012 work related injurie
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CONTENT• other organizations’ r
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CONTENTPercentage and total number
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CONTENTon installing smoke capturin
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CONTENTMain criteria for selection
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CONTENTIndependent Auditors’ Repo
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CONTENTJSC “Samruk-Energy”Conso
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CONTENTLiabilitiesLong-term liabili
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CONTENTin thousand tenge Notes 2012
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CONTENTCash flow from financial act
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CONTENTAnnex 1: Abbreviations usedJ
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CONTENTAnnex 2: Table of correspond
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CONTENTGRI IndexEC7 Procedures for
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CONTENTCompliance with the principl
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