137
Administrative expenses are written-off against the cost of goods produced (services provided).
General expenses are recognized in the reporting period in which they were incurred irrespective of the actual
closure of accounts payable.
Expenses shall be accounted for irrespective of the intention to generate revenue or other income and their form.
Other expenses include:
Expenses incurred in disposal and other write-off of property, plant and equipment, investments and
other assets;
Interest paid by the Company for provided cash (bank credit, loans); the Company recognizes these
expenses in the statement of financial results in line 2330 "Interest expense";
Expenses incurred in payment of services provided by credit
institutions;
Doubtful debt provision calculated on the basis of the reporting period results in accordance with the
Company's accounting policies (see paragraph 2.8 of the Notes);
Expenses from transactions with derivatives when the respective trading positions are closed;
Fines, penalties and interest for breaching contractual terms, compensation of losses caused by the
Company;
Prior year losses identified in the reporting period (considering the requirements of the Russian
Accounting Standard "Correction of errors in accounting and reporting" (RAS 22/2010);
Charity and social security;
Expenses incurred as a result of extraordinary events in business operations (natural disaster, fire,
accident, etc.)
Other expenses according to RAS 10/99.
1.15 Changes in the accounting policies
There are no significant changes in the Company's accounting policy for 2016 based on the Russian Accounting
Standard "Accounting Policy of Organisations" (RAS 1/2008).
7.5. Information on the Total Amount of Export, as well as on Export
Share in Total Sales
The Issuer does not export products (goods, works, services)
7.6. Information on Material Changes in the Issuer's Property since the
Expiry Date of the Last Complete Reporting Year
Information on material changes in the Issuer's property which took place within 12 months prior to the
expiry date of the reporting quarter:
There were no material changes in the Issuer's property within 12 months prior to the expiry date of the
reporting quarter
.
7.7. Information on the Issuer's Participation in Judicial Proceedings, if
such Participation may have a Material Effect on Financial and Business
Activities of the Issuer
The Issuer did not participate/is not participating in any judicial proceedings, which had/may have a
material effect on financial and business activities of the Issuer, within the period from the start date of the last
complete reporting year to the expiry of the reporting quarter.
138
VIII. Additional Information on the Issuer and Equity
Securities Placed by it
8.1. Additional Information on the Issuer
8.1.1. Information on the Amount and Structure of the Authorized
Capital of the Issuer
Amount of the authorized (reserve) capital (unit fund) of the Issuer as at the end date of the last reporting
quarter:
three hundred eighty-six billion two hundred fifty-five million four hundred sixty-four thousand
eight hundred and ninety (386,255,464,890) RUB
Equity
shares
Total par value:
three hundred eighty-six billion two hundred fifty-five million four hundred sixty-four
thousand eight hundred and ninety (386,255,464,890) RUB
Share in the authorized capital, %:
100
Preferred
Total par value:
0
Share in the authorized capital, %:
0
Information on correspondence between the amount of the authorized capital specified in this Clause and the
Issuer's constituent documents:
The amount of the authorized capital corresponds to the constituent documents
The shares of the Issuer are traded outside the Russian Federation by circulation of the deposit securities
(securities of a foreign issuer certifying the title for the said shares of the Russian issuer) Category (class)
of shares traded outside the Russian Federation
Type of securities:
shares
Category of shares:
equity
Percentage of shares which are traded outside the Russian Federation from the total shares of the relevant
category (class):
5.867811 %
Foreign issuer, depositary securities of which certify rights in respect to the Issuer's shares of the relevant
category (class)
Full corporate name:
The Bank of New York Mellon
Location:
One Wall Street & 101 Barclay Street, New York City, New York
Summary description of the program (program type) on issue of depositary securities of a foreign issuer,
certifying rights in respect to shares of the relevant category (class):
Program type
GDR according to Rule 144А
ADR, 1st level
Depositary bank
The Bank of New York Mellon
Relation
1 GDR, 1 ADR = 100 equity shares
Ticker
HYDR
Number CUSIP GDR 144A
Number CUSIP ADR 1st level
782183503
782183404
Opening date of the program:
GDR according to Rule 144А
ADR, 1st level
June 17, 2008
August 07, 2009
Maximum possible program capacity, pcs
832,131,000
Information on obtaining a permit from the Bank of Russia and/or the authorized state authority of the