Resolutions of the Board meeting conducted Dec.28, 2017

29 December 2017

On Dec. 28, 2017 the IDGC of Urals’ Board of Directors has conducted an in-absentia Board meeting. In the course of the meeting directors have scrutinized and decided on the range of administrative and corporate issues. 

During the meeting the Board of Directors has scrutinized and adopted the Company's FY2018 business plan. Key parameters of the business plan are presented in the figure below:

 

FY2018 Target

Revenues, RUB million, incl.

74,289

Electricity transmission, RUB million

73,178

Connection, RUB million

781

Other revenues, RUB million

330

Expenses (plus administrative expenses), RUB million

69,363

Net income, RUB million

3,155

YE Debt, RUB million

12,207

EBITDA, RUB million

10,128

Debt/EBITDA

1.21

The Company’s FY2018 business plan is compliant with the scenario, adopted by the Board of Directors (Minutes dated as of 17.07.2017 No. 237).

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