External auditors
RSM Top Audit Limited Liability Company was appointed as the auditor of IDGC of Centre, JSC for the examination of the Company’s 2011 accounts of the Company, prepared in accordance with Russian Accounting Standards (hereinafter referred to as “RAS”) (Minutes of the Annual General Meeting of Shareholders No. 01/11 of June 21, 2011).
| Full business name | RSM Top Audit Limited Liability Company |
| Abbreviated business name | OOO RSM Top Audit |
| Location address of the audit organisation | Legal address: 4, ul. Pudovkina, Moscow, Russia, 119285 Mailing address: 54, ul. B. Ordynka, bldg. 2, Moscow, Russia, 119017 |
| Telephone and fax numbers | Tel.: |
| Website | www.top-audit.ru/ |
| Email address | mail@top-audit.ru |
| Membership in the self-regulatory organisation of auditors | Non-Commercial Partnership Russian Collegium of Auditors (registration number 10305006873) |
| Membership of the auditor in collegiums, associations or other professional partnerships (organisations) | The auditor is the founder and a member of the Institute of Professional Auditors of Russia (IPAR), and a member of the Audit Chamber of Russia (APR) |
The amount of payment for the services of OOO RSM Top Audit for conducting its examination of the 2011 accounts of IDGC of Centre, JSC, prepared in accordance with RAS, was set by resolution of the Board of Directors of IDGC of Centre, JSC (Minutes No. 17/11 of July 29, 2011) at RUB 2.714 mn (including VAT).
OOO RSM Top Audit provided no services to the Company that are not directly connected with the audit of the financial statements. There are no deferred or delayed payments for services provided by the auditor.
Examination of the 2011 accounts of IDGC of Centre, JSC, prepared in accordance with International Financial Reporting Standards (hereinafter referred to as “IFRSInternational Financial Reporting Standards”) was conducted by ZAO KPMG.
| Full business name | Closed Joint Stock Company KPMG |
| Abbreviated business name | ZAO KPMG |
| Location address of the audit organisation | Legal address: 18/1, Olimpiyskiy pr-t, office 3035, Moscow , Russia, 129110 Mailing address: 10, Presnenskaya naberezhnaya, Moscow, Russia, 123317 |
| Telephone and fax numbers | Tel./fax: (495) 937-44-77/937-44-99 |
| Web-site | www.kpmg.ru |
| E-mail address | moscow@kpmg.ru |
| Membership in the self-regulatory organisation of auditors | Non-Commercial Partnership Audit Chamber of Russia (registration number 10301000804) |
| Membership of the auditor in collegiums, associations or other professional partnerships (organisations) | The auditor is a member of the following associations and professional partnerships:
|
In accordance with the agreement concluded with ZAO KPMG, the cost of the auditor’s services for examining the 2011 accounts of IDGC of Centre, JSC, prepared in accordance with IFRS, is RUB 8.378 mn (including VAT).
ZAO KPMG provided no services to the Company which are not directly connected with the audit of the financial statements. There are no deferred or delayed payments for services provided by the auditor.
IDGC of Centre, JSC chooses auditors by competitive selection among candidates. There are no factors that may exert influence on the independence of auditors from IDGC of Centre, JSC, and there are no material interests connecting the auditors (and officials of the auditors) with the Company (and with officials of the Company).