Parameters of investment activity

History

In 2011, JSC “MOESK” met all its targets for the disbursement and financing of capital investments as well as the commissioning of fixed assets and production capacity.

Cost and physical parameters of investment activity

Name 2009
  Disbursement Commissioning of fixed assets Financing Commissioning of capacity Growth in capacity
  mln rubles excluding VAT mln rubles including VAT МVА Km МVА Km
Moscow 13,960 19,643 11,287 1,625 1,331 961 1,013
Moscow Region 7,736 4,908 6,538 642 684 245 409
Total for Company 21,696 24,551 17,825 2,268 2,014 1,206 1,422
 
Name 2010
  Disbursement Commissioning of fixed assets Financing Commissioning of capacity Growth in capacity
  mln rubles excluding VAT mln rubles including VAT МVА Km МVА Km
Moscow 11,679 14,542 11,100 643 771 552 643
Moscow Region 7,852 14,152 7,812 1,634 1,234 997 848
Total for Company 19,531 28,694 18,912 2,276 2,005 1,549 1,491
 
Name 2011
  Disbursement Commissioning of fixed assets Financing Commissioning of capacity Growth in capacity
  mln rubles excluding VAT mln rubles including VAT МVА Km МVА Km
Moscow 18,785 18,648 19,658 1,067 936 955 713
Moscow Region 10,742 11,470 12,022 530 1,790 389 740
Total for Company 29,527 30,118 31,680 1,597 2,726 1,344 1,454

Dynamics of capital investment disbursement,
mln rubles

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Dynamics of commissioning of fixed assets,
mln rubles

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In 2011, the Company increased the disbursement of capital investment compared to 2009 and 2010.

As in previous years, Moscow accounted for more than 60% of capital investment by JSC “MOESK.” In 2011, the amount of capital investment disbursed for the investment program implemented in Moscow increased by 7,106 million rubles, or 61%, compared to 2010 and by 4,825 million rubles, or 35% compared to 2009.

The amount of capital investment disbursed in the Moscow Region increased by 2,890 million rubles (growth of 37%) compared to 2010 and by 3,006 million rubles (growth of 39%) compared to 2009.

Over the last three years, JSC “MOESK” has increased the volume of fixed assets put into operation each year. These positive dynamics are related both to the general policy for increased capital investment in the renovation of fixed assets as well as the completion of the construction and reconstruction of major facilities.

In Moscow, the commissioning of fixed assets increased by 4,106 million rubles in 2011 compared to 2010, but decreased by 995 million rubles compared to 2009.