RusGidro BOD approved the trust management contract with RAO ES East, the company informed.
In line with the document the trust management powers but for dividends at Blagoveshchenskaya TETS, Sakhalinskaya GRES-2, Yakutskaya GRES-2 are transferred to RAO ES East for 3 years.
The trust manager doesn't have the right of decision-making, of a single holder and stocks arrangement.
RusGidro (TIN 2460066195) involves 61 GESs, 2 GAES, 3 geothermal stations in Kamchatka, Kalmytskaya VES, Irkutskaya, Bratskaya and Ust-Ilimskaya GESs.
Besides, it keeps 90% in International Energetic Corp. Together with Electric stations it builds Verkhne-Narynsky GES Cascade in Kirgizia. The total capacity is equal to 36.5GW. In 2012 the output increased 46.34% to 112.697bn kWh.
The share capital is equal to 317.638bn rub.; the government holds 65.868%; ZAO ING Bank (Eurasia) - 10.82%; National Clearing Depository - 15.55%.
The IH 2013 net profit (IAS) gained 10.818bn rub. vs. 436mln rub. in losses prior year. The revenues increased 7.09% to 161.869bn rub. from 151.155bn rub.; operating profit - 2.8 fold to 20.525bn rub. from 7.325bn rub.; pretax profit - 2.63 fold to 17.344bn rub. from 6.595bn rub.
The 9-month 2013 net profit (RAS) rallied up 38.52% to 27.652bn rub. from 19.963bn rub. prior year period; revenues moved up 18.05% to 81.009bn rub. from 68.276bn rub.; profit from sales - 44.08% to 39.211bn rub. from 27.215bn rub.; pretax profit - 41.44% to 36.668bn rub. from 25.924bn rub.
"AK&M", 17:09, 04.12.2013 1251 AKM,COR