Quarterly report Open Joint Stock Company “Interregional Distribution Grid Company of the South" Issuer’s code: 34956 - Е for quarter III, 2010 (стр. 18 )

Type of accounts receivable	Payment date
30.09.2009	30.09.2010
Less than 1 year	More than 1 year	Les then 1 year	More then 1 year
Customer receivables	694	-	643	-
Including overdue	670	-	415	-
Debts on bills receivable	-	-	-	-
Including overdue	-	-	-	-
Unpaid capital stock dues of participants	-	-	-	-
Including overdue	-	-	-	-
Receivables on advance payment	118	-	12	-
Including overdue	24	-	0	-
Other receivables	2 259	-	1 367	-
Including overdue	1 424	-	1 102	-
Total, thous. rbs	3 071	-	2 022	-
Including overdue	2 118	-	1 517	-

Quarterly Survey of Transactions Closed by “Sokolovskoye Agricultural Enterprise”, JSC in the Third Quarter of 2010

1. Transactions within the Company and essential transactions:

Item No.	Number and date of the document	Transaction counterparty	Transaction price, RBS.	Essential terms of transaction	Date and number of minutes of management body of Company’s subsidiaries and associates meeting the transaction was approved at (in case of necessity)
1.1. With subsidiaries and associates of “IDGC of the South”, JSC
1.	Transactions were not closed
1.2. Members of management authorities of ”Sokolovskoye Agricultural Enterprise”, JSC with “IDGC of the South” JSC:
1.	Transactions were not closed
1.3. With “IDGC of the South”, JSC or shareholders of “IDGC of the South” holding at least 5% of voting shares :
1.	Transactions were not closed
1.4. Transactions (series of inter-related transactions) with amount of liabilities 10% and more of net assets value of ”Sokolovskoye Agricultural Enterprise”, JSC according to its accounts of the previous completed accounting period:
1.	Transactions were not closed

2.Transactions with municipal companies:

Item No.	Number and date of the document	Transaction counterparty	Transaction price, RBS.	Essential terms of transaction	Date and number of minutes of management body of Company’s subsidiaries and associates meeting the transaction was approved at (in case of necessity)
1.	Transactions were not closed

Full company name: “Energetik” Recreation Centre”, Open Joint Stock Company

Short company name: “Energetik” Recreation Centre”, JSC

Location

3 Shkolnaya Str., village Shepsi, Tuapsinskiy district, Krasnodar Region, Russia, 352815

TIN:

PSRN:

Subsidiary: Yes

Affiliated company: Yes

Basis for company’s recognition as the Issuer’s subsidiary or affiliated company: Due to prevailing participation in the authorized capital of “Energetik” Recreation Centre” JSC, “IDGC of the South”, JSC has an opportunity to determine the decisions made by “Energetik” Recreation Centre”, JSC

Stake held by the Issuer in the authorized capital of the company, %: 100

Percentage of ordinary shares of the company owned by the Issuer, %: 100

Stake held by the subsidiary in the authorized capital of the Issuer, %: 0

Percentage of ordinary shares of the Issuer owned by the subsidiary, %: 0

Description the company’s main activity. Description of the company’s importance for the Issuer’s activity:

Activities of the health resort on treatment and rehabilitation (recreation) of adults, parents with children (of 5 years and upward) and groups of school-aged children, rendering of personal services, sightseeing and touring services, cultural and entertaining services of the health resort.

The company has a right to fulfill other activities not prohibited by law.

Structure of the company’s Board of Directors

Surname, name, patronymics	Year of birth	Stake of the person’s participation in the Issuer’s authorized capital, %	Stake of the Issuer’s ordinary shares held by the person, %
Kopanev Vladimir Nikolaevich (chairman)	1954	0	0
Fadeev Mikhail Yuryevich	1974	0	0
Mikheeva-Danilovtseva Nina Nikolayevna	1977	0	0
Avtonoshkina Mariya Aleksandrovna	1985	0	0
Chekeliyan Sarkis Mikhailovich	1949	0	0

Sole executive authority of the company

Surname, name, patronymics	Year of birth	Stake of the person’s participation in the Issuer’s authorized capital, %	Stake of the Issuer’s ordinary shares held by the person, %
Chekaliayn Sarkis Mikhailovich	1949	0	0

Structure of collegial executive authority of the company

Collegial executive authority is not stipulated

Data on Financial and Economic Activity of “Energetik” Recreation Centre”, JSC as of 30.09.2010

Assets value of “Energetik” Recreation Center”, JSC according to its accounts of the previous completed quarter (as of September 30, 2010) amounts thous. rbs

Indicators of Financial and Economic Activity of “Energetik” Recreation Center”, JSC

Name of Indicator	Indicator Value as of:
	30.09.2009	30.09.2010
Issuer’s net assets cost, thous. rbs		77 672
The cost of assets used related to the cost of fund and provision, %	113.24	155.33
Short-term liabilities related to capital and reserves, %	113.24	155.33
Payments covered as debts, %	3.80	15.78
The rate of overdue debts, %	0	0
Turnover of accounts receivable, times	0.58	0.92
Labor productivity, Rubles/person
Amortization related to the volume of revenue, %	5.98	16.70
Leverage, %	113.24	113.24

Indicators of Profitability and Unprofitability.

Name of Indicator	Indicator Value as of:
	30.09.2009	30.09.2010
Proceeds, thous. rbs	15 075	17 015
Costs, thous. rbs	13 798	17 734
Clear profit, thous. rbs	781	-1 083
Profit in gross	1 277	-719
Return on equity, %	0.75	-1.39
Net profit ratio, %	5.18	-6.36
Product (sales) profitability, %	8.47	-4.22
Turnover of capital	0.12	0.22
Uncovered loss cumulation for the accounting date, thous. rbs	-9 216
Uncovered loss for the accounting period and Solvency ratio relation	0.03	-0.17

Data on accounts payable sum, thous. rbs