UNIFIED ENERGY SYSTEM OF RUSSIA
(UES)
ANNUAL REPORT
2000
CONTENTS
SUMMARY OF PERFOMANCE RESULTS
MESSAGE TO SHAREHOLDERS FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS OF RAO "UES OF RUSSIA"
MESSAGE TO SHAREHOLDERS FROM THE CHAIRMAN OF THE MANAGEMENT BOARD OF RAO "UES OF RUSSIA"
GENERAL DESCRIPTION OF RAO "UES OF RUSSIA"
Overview
Map of the Unified Energy System of Russia
Organisational structure of RAO "UES of Russia"
Structure of Management of the Company Main functions
Structure of management of the company
Priority areas for restructuring within RAO "UES of Russia" in the year 2000
Measures taken by management to resolve the main problems faced by the Holding Company
PRODUCTION AND INVESTMENT
PRODUCTION
Production results
Dispatch management
ELECTRICITY AND HEAT MARKET
Tariff policy
The consumer market in electricity and heat energy
FOREM and reformà
Improving sales related activity
INVESTMENT AND INNOVATION
Investment policy
Results of investment activity
Research and development
INTERNATIONAL RELATIONS
Developing international co-operation
Export of electricity
Developing foreign links and international co-operation
FINANCES AND CORPORATE MANAGEMENT
ASSET MANAGEMENT IN RAO "UES OF RUSSIA"
Assets structure
Improving asset management
SHARE CAPITAL
Capital and share distribution
Russian and international markets in RAO "UES of Russia" securities
FINANCIAL MANAGEMENT
Improving financial management
Results of credit activity
HOLDING COMPANY AND COMPANY FINANCIAL RESULTS
Holding company financial results
Company financial results
AUDITOR'S REPORT
Copy of auditor's report for 2000 by ZAO "PricewaterhouseCoopers Audit"
APPENDICES
APPENDIX 1. COMPANY FINANCIAL ACCOUNTS
Balance sheet of RAO "UES of Russia"
Profit and loss statement (product dispatched)
Profit and loss statement (product paid)
APPENDIX 2. RAO "UES OF RUSSIA" HOLDINGS IN THE AUTHORISED CAPITAL AND VOTING SHARES OF JOINT STOCK COMPANIES IN THE POWER GENERATION AND SUPPLY SECTOR
APPENDIX 3. CHRONICLE OF MAJOR CORPORATE EVENTS
BOARD OF DIRECTORS OF RAO "UES OF RUSSIA"
MANAGEMENT BOARD OF RAO "UES OF RUSSIA"
ADDRESS AND CONTACT NUMBERS