MRSK Urals BOD affirmed regulations on the investment activity and formation of the investment programs, the company informed.
Besides, IVQ 2013 accounting and realization of the target programs were approved.
MRSK Urals (TIN 6671163413) is a sole operating company in Uralsky region providing management of the dispatching grid complexes in Sverdlovsky, Cheliabinsky, Kurgansky and Permsky regions. The length of the electric lines is equal to 150ths km. The Company has 36.3ths substations of 52ths MWА. On Oct. 31, 2010, the share capital was worth 8.743bn rub. split in 87430485711 common stocks of 0.1 rub. par. Russian Grids keeps 51.52%.
The 2012-net profit (IAS) declined 13.9 fold to 235.335mln rub. from 3.271bn rub. prior year; revenues lost 4.14% to gain 59.431bn rub. from 62bn rub.; pretax profit - 6.98 fold to 589.403mln rub. from 4.115bn rub.; operating profit - 8.13 fold to 503.001mln rub. from 4.09bn rub.
The IQ 2013 net profit (RAS) dropped 18.75% to 103.611mln rub. from 127.515mln rub. prior year period; revenues - 0.19% to 14.077bn rub. from 14.103bn rub.