Annual Report 2013

Cost Management Program

IDGC of Centre has been successfully implementing a cost management program (СMP) for already several years, thus increasing the efficiency of its core operations. The effect of measures taken in 2013 under CMP amounted to 1.7 bln RUB, of which 1.5 bln RUB were saved as a result of reducing the Company’s expenses.

RESULT OF COST MANAGEMENT PROGRAM IN 2013:

The IDGC of Centre balance sheet and income statement for 2013, along with the audit report on the financial statements of the Company for 2013 can be found in Appendix 1 to the Annual Report. The complete financial reports may be found on our corporate website.

Additional information on financial indicators of the Company is provided in Appendix 2 to the Annual Report and on the Company corporate website.