In interests of shareholders.
translated - unedited
September 15, 2004
Management of Open Society " Kostroma state district power station " works in interests of all shareholders of the Society. Thus, creating conditions at which shareholders from passive observers become active participants of those processes who proceed in the company. Today besides representatives of the majority shareholder - Russian Open Society " UES of Russia " in Board of directors of our enterprise work two representatives ìèíîðèòàðíûõ shareholders and two independent directors.
The decision of annual general meeting of shareholders of Open Society " Kostroma state district power station " from 25.05.2004ã. (the report ¹ á/í from 28.05.2004ã.) the decision to pay dividends by results of 2003 was accepted at a rate of 0,007626 (7626 million) rouble on one ordinary nominal paperless action(share) in the monetary form.
The chief of service of corporate attitudes(relations), the secretary of Board of directors KGRES Paul Platov has commented on a situation with äèâèäåíäíîé a history of the Kostroma state district power station:
- Dividends are always paid from net profit of the Society, under the decision of general meeting of shareholders. Preliminary the Board of directors of joint-stock company makes a decision on the size of the above-named payments. The history of this process on the Kostroma state district power station has positive character. So, on results of the last year on payments of dividends in bank which carries out functions of the payment agent, it has been listed more than 70 % of net profit (and it is the sum more than 20 million roubles). In 2000 she(it) has made 18 million, in 2001 - 70, and only 2002 was year when the enterprise, unfortunately, has worked without the profit. And, if earlier for reception of the due sum the shareholder had to go to Kostroma, now payments are made at station. This year, going towards to wishes of shareholders, we have opened one more item(point) behind territory of our enterprise, on the second checkpoint. Any third parties which are not having opportunities to pass on territory ÊÃÐÝÑ, can receive dividends here. Besides to the pensioners of the Kostroma state district power station participating in the program of not state provision of pensions, money have been listed on a plastic card. For today of 93 % listed by the Society in bank of means shareholders it is already received. Usually problems with timeliness of this process it does not happen, in fact we always notify the shareholders on decisions of general meeting through mass media or communication(connection). In the near future the Board of directors plans the statement of new position on äèâèäåíäíîé to a policy(politics) of the Society where attitudes(relations) between the Society and shareholders in a question of payment of dividends will be more precisely designated. The policy(politics) of our enterprise first of all is directed on observance of interests of shareholders of the Society. |
