Annual reports

Report as of 2016

... Just as in previous years, in 2016 IDGC of Urals (OAO) has demonstrated its sustainable significant performance retaining its dominant position on the energy market of the Urals and Kama regions, built on the principles of transparency, efficiency and integrity of business. The Company’s has outperformed its FY2015 financial and economic results...

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Report as of 2015

... The year we just left behind was quite symbolic for our domestic economy. It was full of events that continuously challenged our stability and strength. Industrial enterprises operated under worsened economic conditions on the back of limited resources. The power sector is no exception: the situation demanded peak concentration and attention from employees to raise performance efficiency...

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Report as of 2014

...Our Company has finalized another year of operations. Recent economic fluctuations have challenged Russian economy and its sectors. New macroeconomic environment formulated arduous tasks for utilities but we are confident to state that the Company has accomplished all the plans...

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Report as of 2013

...The year of 2013 has come to an end. Now I am confident to state that the Company has taken all necessary steps to minimize the negative impact on the Company’s achievements. In 2013 we have successfully discharged our liabilities, provided a reliable and faultless supply to consumers and showed strong financial results. Investments worth billions of rubles were backed up by everyday meticulous work of thousands of our employees. Their professionalism helped the Company retain a leading position in the Urals and Prikamye grid sector...

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Report as of 2012

...The past year gave the Board of Directors and management an opportunity to show their management skills during economic instability. Tariff restraints and last-mile consumer attrition have placed our possibility to achieve good financial and economic results in jeopardy. However, cost cutting and adjustment of our plans helped us both complete a largescale investment program and close the year in the black...

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Report as of 2011

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...Another year has come to an end and brought a lot of significant сhanges, like it was in previous years. During the year the Company has demonstrated its control flexibility, its ability for a quick response to changing market scenarios and considerable gains in so doing. Unprecedented net profit and capital expenditures speak volumes for this...

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Report as of 2010

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...The elapsed year became the year when post-crisis recovery of the Urals economy has triggered again. After serious meltdown in 2009 energy consumption commenced to grow again on our service area. Our management model, efficiently established and crisis-tested, enabled us to fully exploit our advantages against the backdrop of energy demand boom and to reach high results at the year-end...

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Report as of 2009

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...2009 was a check-out period for the Company in terms of efficiency under severe economic environment. The Urals region was among the regions mostly affected by economic recession that caused a significant decrease of energy consumption. In this severe environment the Company's management focused its efforts on internal resource generation and cost saving, meanwhile ensuring required supply reliability and investment program execution. Energy supply in 2009 totaled 75.8 bln. kWh (-10.5 bln. kWh or -12% on 2008) that is greatly influenced by economic recession and energy consumption decrease by large industrial consumers (metallurgy and machine-building). Despite it, overall 2009 revenues totaled US$ 1.3 bln., net profit - US$ 33.2 mln. These positive results were achieved due to a range of measures aimed at increasing the Company's efficiency, including the switch-over of repair, metering and IT services onto non-contracted form...

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Previous reports are available only in Russian.

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