• IDGC of Centre in 2011
  • Limitation of liability
  • Address of the Chairman of the Board of Directors to Shareholders and Investors
  • Address of the General Director to Shareholders and Investors
  • Key Indicators
  • Key Events 2011
  • Events Occurring after the Reporting Date
  • About the Company
    • Market review, situation within the industry
    • Power transmission and technological connection market
    • Summary description of the Company
• Financial and Operating Results
  • Operating Results Review
    • Operating Results Review
    • Electric power transmission
    • Technological Connection
    • Other activities
    • Interaction with customers
  • RAS Financial Results Review
    • Profit and Loss Statement
    • Basic financial ratios
    • Debt load
    • Credit ratings
  • IFRS Financial Results Review
• Development Strategy
  • Mission
  • Strategic Vision
• Investments and Innovations
  • Investments
  • Innovations
  • Information Technology
• To Shareholders and Investors
  • Securities
  • Dividends
  • Share Capital
  • Registrar
  • Corporate Governance
    • Corporate Governance
    • Corporate Governance Rating
    • Disclosure
    • General Shareholders’ Meeting
    • Board of Directors
    • Corporate Secretary
    • Committees under the Board of Directors
    • The Chief Executive Officer
    • The Management Board
    • The Audit Commission
    • Remuneration of members of the management and control bodies
    • External auditors
• Internal Control and Risk Management
  • The Internal Control System
  • Risk Management
• Social Responsibility
  • Personnel
    • Manpower Policy
    • Personnel Structure
    • Training of Personnel
    • Skills Pool
    • Youth Outreach Concept
    • Social Policy
    • Organisation of health protection of the employees and improvement of occupational safety
  • Reliability and Emergency Forecast
  • Environmental Policy
• Mass Media and Investor Relations
  • Mass Media Relations
  • Investor Relations
• Appendixes
  • Statements in accordance with RAS
    • Auditor’s opinion
    • The Balance Sheet
    • The Profit and Loss Statement
    • Statement of changes in equity
    • Cash flow statement
    • Appendixes to Balance Sheet and Profit and Loss Statement
    • Explanatory Note
    • Final Report of the Auditing Committee
  • Statements in accordance with IFRS
    • Independent Auditors’ Report
    • Consolidated Statement of Comprehensive Income for the year ended 31 December 2011
    • Consolidated Statement of Financial Position as at 31 December 2011
    • Consolidated Statement of Cash Flows for the year ended 31 December 2011
    • Consolidated Statement of Changes in Equity for the year ended 31 December 2011
    • Notes to the Consolidated Financial Statements for the year ended 31 December 2011
  • Explanation of separate indicators
    • Financial Results
    • Operating Results
    • Average Number of Staff
    • Investments
    • Property Complex
    • Participation in Other Organizations
  • Report on Interregional distribution grid company of centre jsc, compliance with the code of corporate governance
  • Information on Large Deals and Related Party Transactions Closed in 2011

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19. Inventories

Thousands of Russian Roubles, unless otherwise stated

	31 December 2011	31 December 2010
Materials and supplies	1,607,195	1,543,857
Inventory for resale	6,083	1,116
Total inventories	1,613,278	1,544,973
Less: provision for inventory obsolescence	(167,558)	(194,548)
Total	1,445,720	1,350,425

At 31 December 2011 and 31 December 2010 no inventories were pledged as collateral for bank loans (refer to Note 22).

Return to Notes to the Consolidated Financial Statements for the year ended 31 December 2011