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Far Eastern Generating Company summed up 2013 of the year

The Annual General Meeting of the Far Eastern Generating Company (JSC DGK, part of the holding of RAO ES of the East) approved the annual report and financial statements of the Company for 2013, the Charter of JSC DGK in a new edition and the Regulation “On the Procedure for Preparing and Holding the General Meeting of Shareholders JSC DGK is also in a new edition.

At the annual general meeting, a new composition of the board of directors of the DGK was elected, which included representatives of RAO Energy Systems of the East, General Director of DGK, MI Shukailov, First Deputy General Director for Economics and Finance of DEK, E. Yu. Tyurin. A new composition of the Audit Commission was also elected.

Based on the results of 2013, it was decided not to pay dividends on the Company's shares. HLB Vneshaudit CJSC was approved as the auditor of JSC DGK.

In 2013, DGK JSC ensured uninterrupted and reliable power supply to its consumers. For 12 months of 2013, the Far Eastern Generating Company produced 22 million kWh of electricity. Electricity generation over the past year has decreased by 099%. This is due to an increase in the share of electricity generated by JSC RusHydro's plants. In connection with the difficult flood situation last year, they had to produce the water level in the reservoirs, while the power plants of the DHK were loaded significantly below the plan.

Heat supply for 12 months of 2013 amounted to 22 thousand Gcal, which is 242 thousand Gcal, or 150% less than the fact of the previous year. The reason for the decrease in heat energy supply is the higher average daily air temperatures in the IV quarter of last year.

General Director of JSC DGK Mikhail Shukailov emphasized that 2013 was the year for the Company to implement strategically important tasks aimed at developing the energy system of the Far East. “The results of the past year give every reason to believe that our company is able to withstand any, even in the most difficult conditions, as well as successfully implement the most ambitious plans,” concluded the head of DGK OJSC.

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