Financial Results
Average Tariffs for Power Transmission Services in the Regions
| Branch | Average “joint operation” tariffs for power transmission services, kopeck/kWh | ||
|---|---|---|---|
| 2009 | 2010 | 2011 | |
| Belgorodenergo | 80.8 | 100.1 | 115.1 |
| Bryanskenergo | 106 | 130.5 | 152 |
| Voronezhenergo | 91.1 | 102.4 | 110.5 |
| Kostromaenergo | 106.4 | 130.8 | 146.9 |
| Kurskenergo | 69.1 | 98.7 | 108.8 |
| Lipetskenergo | 82.2 | 111.1 | 126.9 |
| Orelenergo | 117 | 140.5 | 161.6 |
| Smolenskenergo | 110.4 | 123.8 | 139 |
| Tambovenergo | 100.3 | 108.3 | 124.6 |
| Tverenergo | 138.3 | 154.1 | 177.3 |
| Yarenergo | 74 | 86.2 | 102.8 |
| Total for IDGC of Centre | 91.8 | 111.22 | 126.6 |
Average (Estimated) RateAverage payment rates do not take into account the payment rates for technological connections for privileged categories of consumers, or for individual connections. For privileged categories of consumers, the payment rate for a technological connection is RUR 550 (VAT inclusive) for one connection up to 15 kW. of Payment for Technological Connections (based on the rates in effect at the end of the year) in the Regions
| Branch | Technological connection, RUB/kW | ||
|---|---|---|---|
| 2009 | 2010 | 2011 | |
| Belgorodenergo | 637 | 566 | 601 |
| Bryanskenergo | 8,931 | 8,931 | 2,906 |
| Voronezhenergo | 18,045 | 18,045 | 10,262 |
| Kostromaenergo | 9,991 | 9,991 | 6,345 |
| Kurskenergo | 11,453 | 9,770 | 2,628 |
| Lipetskenergo | 7,395 | 7,395 | 5,448 |
| Orelenergo | 9,003 | 9,003 | 3,211 |
| Smolenskenergo | 4,077 | 5,619 | 2,295 |
| Tambovenergo | 2,347 | 3,047 | 3,127 |
| Tverenergo | 10,271 | 10,271 | 10,271 |
| Yarenergo | 10,323 | 10,323 | 7,083 |
| Total for IDGC of Centre | 7,831 | 7,353 | 4,231 |
| Rate of growth, % | −47.2 | −6.1 | −42.5 |
Breakdown of Accounts Receivable and Payable, million RUB
| Indicator | 2009 | 2010 | 2011 |
|---|---|---|---|
| Accounts receivable | 5,217.8 | 7,273.3 | 8,286.5 |
| Including: | |||
| Buyers and customers | 4,149.3 | 5,648.0 | 6,650.4 |
| Bills receivable | 0 | 0 | 0 |
| Amounts owed by subsidiaries and dependent companies on dividends | 0 | 0 | 0 |
| Advances issued | 319.6 | 430.5 | 273.4 |
| Other debtors | 748.9 | 1,194.8 | 1,362.6 |
| Accounts payable | 6,701.1 | 6,930.6 | 7,742.2 |
| Including: | |||
| Suppliers and contractors | 3,895.2 | 3,860.3 | 4,600.8 |
| Bills payable | 0 | 0 | 0 |
| Debts on wages | 288.2 | 276.4 | 321.0 |
| Debts to state extra-budgetary funds | 45.3 | 14.5 | 108.5 |
| Tax arrears | 593.6 | 124.5 | 127.9 |
| Advances received | 1,640.7 | 2,224.6 | 1,782.0 |
| Payable to participants (founders) on income | 16.0 | 0.3 | 8.8 |
| Other debt holders | 222.1 | 430.0 | 793.2 |
Proceeds (regions), million RUR
| Branch | 2009 | 2010 | 2011 | Rate of growth, % | |
|---|---|---|---|---|---|
| 2010/2009 | 2011/2010 | ||||
| Belgorodenergo | 7,989 | 10,078 | 11,378 | 1.26 | 1.13 |
| Bryanskenergo | 3,602 | 5,490 | 5,090 | 1.52 | 0.93 |
| Voronezhenergo | 6,329 | 7,195 | 8,082 | 1.14 | 1.12 |
| Kostromaenergo | 2,768 | 3,169 | 3,518 | 1.14 | 1.11 |
| Kurskenergo | 3,792 | 5,008 | 6,261 | 1.32 | 1.25 |
| Lipetskenergo | 5,189 | 7,362 | 8,589 | 1.42 | 1.17 |
| Orelenergo | 2,312 | 2,661 | 3,065 | 1.15 | 1.15 |
| Smolenskenergo | 3,674 | 4,128 | 4,693 | 1.12 | 1.14 |
| Tambovenergo | 2,775 | 2,911 | 3,163 | 1.05 | 1.09 |
| Tverenergo | 5,624 | 6,610 | 7,649 | 1.18 | 1.16 |
| Yarenergo | 4,999 | 5,793 | 6,638 | 1.16 | 1.15 |
| Total for IDGC of Centre | 49,053 | 60,405 | 68,127 | 1.23 | 1.13 |
Income before tax (regions), million RUR
| Branch | 2009 | 2010 | 2011 | Rate of growth, % | |
|---|---|---|---|---|---|
| 2010/2009 | 2011/2010 | ||||
| Belgorodenergo | 1,013 | 1,847 | 2,151 | 1.82 | 1.16 |
| Bryanskenergo | 74 | 1,425 | 520 | 19.2 | 0.36 |
| Voronezhenergo | 499 | 520 | 410 | 1.04 | 0.79 |
| Kostromaenergo | −32 | 277 | 462 | −8.77 | 1.67 |
| Kurskenergo | 94 | −329 | 788 | −3.51 | −2.39 |
| Lipetskenergo | 146 | 1,519 | 1,689 | 10.38 | 1.11 |
| Orelenergo | −122 | −19 | 229 | 0.16 | −11.96 |
| Smolenskenergo | −68 | −197 | 116 | 2.9 | −0.59 |
| Tambovenergo | −218 | −248 | −309 | 1.14 | 1.25 |
| Tverenergo | 425 | 104 | 280 | 0.24 | 2.7 |
| Yarenergo | 471 | 698 | 1,101 | 1.48 | 1.58 |
| Total for IDGC of Centre | 2,283 | 5,596 | 7,438 | 2.45 | 1.33 |