Quarterly report Open Joint Stock Company “Interregional Distribution Grid Company of the South" Issuer’s code: 34956 - Е for quarter III, 2010 (стр. 33 )

In the accounting period the Issuer closed 362 transactions with state companies totaling 62 640 213.49 rub inclusive VAT.

Subject of Transactions closed with State Companies in the Accounting Period:

·  Technological connection services;

·  Electric energy transmission services;

·  Open of revolving line of credit;

·  Common and new postage services;

·  Provision of services for periodic medical examinations;

·  Services of waste disposal;

·  Land plot and immovable property rent;

·  Services for fee;

·  Prоvision of personnel training and development;

·  Leasing of real estate, etc.

Were not closed in the accounting quarter:

·  Issuer’s transactions with shareholders, holding at least 5% of voting shares of the Issuer.

6.7. Data on the Amount of Accounts Receivable

As of the date reporting period

Unit of measurement: rub

Form of Receivables	Terms of Payment
	up to 1 year	more than 1 year
Receivables from buyers and customers	9
Including overdue	6	x
Accounts receivable on notes receivable	0	0
Including overdue	0	x
Accounts receivable from participants (founders) for contributions to authorized capital	0	0
Including overdue	0	x
Receivables from advance paid out		84
Including overdue		x
Other accounts receivable	1	5
Including overdue		x
Total	11	1
Including overdue	7 149	x

Debtors, which accounted for at least 10% of the total amount of receivables in this accounting period

Full company name: Open Joint Stock Company “Volgograd Power Supply Company”

Short company name: “Volgogradenergosbyt”, JSC

Location: Volgograd

Sum of receivables, rub: 1  000

Amount and terms of overdue receivables (interest rate, penalties, fines):

Debtor is affiliated with the Issuer: no

Full company name: Open Joint Stock Company “Energosbyt Rostovenergo”

Short company name: ““Energosbyt Rostovenergo”, JSC

Location: Rostov-on-Don

Sum of receivables, rub: 1  000

Amount and terms of overdue receivables (interest rate, penalties, fines):

Debtor is affiliated with the Issuer: no

Structure of Receivables, rub:

Structure of Receivables	Receivables as of 31.03.2010	Receivables as of 30.06.2010	Receivables as of 30.09.2010
1. Long-term receivables	1 020	1 017	1 024
1.2. Buyers and customers	952	926	933
1.3. Advance paid out, including	62	84	84
1.4. Other Debtors			5
2. Current receivables	12 395	11 870	11 863
2.1. Buyers and customers	8 902	9 579	9 990
2.2. Advance paid out, including	222	306	305
3.1. Other Debtors	3 271	1 984	1 568
Total	13 416	12 887	12 887

VII. Accounting Reports of the Issuer and Other Financial Information

7.1. Annual Accounting Reports of the Issuer

The information is not included in the report on quarter III, 2010

7.2. Quarterly Accounting Report of the Issuer for the last Completed Accounting Quarter

Accounting Balance Sheet
as of September 30, 2010

		Code
Form No. 1 as per Russian National Classification of Management Documentation	0710001
	Date	30.09.2010
Organization: Open Joint Stock Company “Interregional Distribution Grid Company of the South”	as per Russian National Classifier of Business Organizations
Taxpayer Identification Number	TIN
Type of activity	as per Russian National Classifier of Economic Activities	40.10.2
Legal form of organization / from of ownership: open joint stock company	as per Russian National Classifier of Forms of Incorporation/ Russian National Classifier of Forms of Ownership
Unit of measurement: ths. of rub.	as per Russian National Classifier of Measurement Units	384
Location (address): 49 Bolshaya Sadovaya St., Rostov-on Don 344002

ASSETS	Line	For the beginning of the accounting period	For the end of the accounting period
1	2	3	4
I. NON-CURRENT ASSETS
Intangible assets	110	4 426	3 601
Fixed assets	120	25	24
Construction-in-process	130	1	1
Interest-bearing investments in the tangible assets	135
Long-term financial investments	140
Deferred tax assets	145	75 598	93 345
other non-current assets	150	7 455	1 440
TOTAL section I	190	27	26
II. CURRENT ASSETS
Inventories	210	1	1
raw materials, materials and other similar assets	211
animals for breeding and fattening	212
expenses for goods-in-process (distribution cost)	213
finished products and goods for resale	214	3 353	3 303
Goods loaded	215
expenses for future periods	216
other inventories and expenditures	217
Value Added Tax for acquired assets	220	25 182	23 393
Accounts receivable (that are due to pay beyond 12 months)	230		1
Buyers and customers (62, 76, 82)	231
Accounts receivable (that are due to pay in the next 12 months)	240	10	11
Buyers and customers (62, 76, 82)	241	7	9
Short-term financial investments (56,58,82)	250		20 000
Loans given to organizations that are to be paid put in the next 12 months	260	1
Share payback	270
Other short-term financial investments	290	13	14
Cash assets	300	41	41

LIABILITIES	Line	For the beginning of the accounting period	For the end of the accounting period
1	2	3	4
III. CAPITAL AND RESERVES
Authorized capital	410	4	4
Share payback	411
Additional fund	420	14	14
Reserve capital	430
reserves formed according to legislative	431
reserves formed according to constituent documents	432
Undistributed profit (uncovered loss)	470		-
TOTAL section III	490	20	19
IV. LONG-TERM LIABILITIES
Loans and credits	510	11	12
Deferred tax liabilities	515
Other long-term liabilities	520	72 322	51 566
TOTAL section IV	590	12	13
V. SHORT-TERM LIABILITIES
Loans and credits	610	1	1
Account payable	620	7	6
suppliers and contractors	621	5	5
amounts owed to the company staff	622
amounts owed to non-budget funds	623	53 844	65 748
tax and dues debts	624
other creditors	625	1	1
Amounts owed to participants (founders) as dividends	630	12 492	12 478
Profit for future periods	640	87 505	81 816
Reserves for future expenses	650
Other short-term liabilities	660
TOTAL section V	690	9	8
BALANCE	700	41	41

Statement of value charged on off-balance accounts
Indicator	Line	For the beginning of the accounting period	For the end of the accounting period
1	2	3	4
Rented fixed assets	910	4	5
including leasing	911
Inventory holdings received for responsible storage	920		89 914
Goods for commission	930		964
Declared as loss liabilities of insolvent debtors	940
Securities for obligations and payments received	950	6	6
Securities for obligations and payments given	960		13 895
Housing facilities deterioration	970	927	928
Deterioration of objects of beautification and other similar objects	980
Intangible assets, received for usage	990

Profit and loss statement