- Federal Grid Company – Ten-year results
- Operations overview
- Social responsibility and sustainable development
- Financial performance overview
- Corporate governance report
- Share capital
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APPENDICES
- Information on compliance with the FCSM corporate code of conduct
- Implementation of the assignments of the president and the government of the Russian Federation
- Information on transactions performed by JSC Federal Grid Company in 2012, recognized by russian federation laws as interested party transactions, and which are subject to the approval of the company’s authorized management body
- Audit Commission Conclusion on the Audit of Operational and Financial Activities of Federal Grid Company for 2012
- 2013 investor calendar
Credit Ratings
The high level of the Company’s creditworthiness and its financial sustainability are confirmed by ratings assigned by top international rating agencies. The current credit ratings are in the investment category and show that the Company’s key performance indicators (KPIs) are in compliance with the level required for the full and timely performance of financial obligations
Credit ratings as of 31 December 2012:
Federal Grid Company’s 2009-2012 credit ratings:
23.11.2012
Moody's assigned Federal Grid
Company an international scale credit
rating at Baa3, with a stable outlook.
The national scale rating was confirmed
at the same level - Aaa.ru. A downgrade
in Moody's rating from Baa2 to Baa3
was caused by planned changes in the
ownership structure of the Company, in
accordance with the Russian President’s
Decree #1567 (dated 22 November
2012) "On Joint Stock Company Russian
Grids”. The Company’s financial rating
has remained unchanged.
11.10.2012
Standard & Poor's confirmed Federal
Grid Company’s credit ratings:
long-term international scale credit
rating at BBB, with a stable outlook and
a national scale rating of ruAAA.
23.09.2011
Standard & Poor's confirmed Federal
Grid Company’s credit ratings:
long-term international scale credit
rating at BBB, with a stable outlook and
a national scale rating of ruAAA.
12.05.2011
At its annual ratings review, Moody's
confirmed Federal Grid Company’s
credit ratings at Baa2 with a stable
outlook, as well as its national scale
rating at Aaa.ru.
18.01.2011
ÐStandard & Poor's confirmed Federal
Grid Company’s credit ratings:
long-term international scale credit
rating at BBB, with a stable outlook and
a national scale rating at ruAAA.
18.06.2010
Standard & Poor's confirmed Federal
Grid Company’s credit ratings:
long-term international scale credit
rating at BBB, with a stable outlook and
a national scale rating at ruAAA.
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