3.8

Subsidiaries, investments, property portfolio. Non-core asset sale program

The list of subsidiaries and investments

Name Location Primary lines of operations Share in the charter capital (%)
EESK (OAO) 1 Ulitsa B.Eltsyna, Ekaterinburg Energy transmission and distribution 91.04
Lenenergo (PAO) 1 Ploschad Konstitutsii, St. Petersburg Energy transmission and distribution 5.93
Ekaterinburgenergosbyt (OAO) 48 Ulitsa Surikova, Ekaterinburg Wholesale and retail energy sale and purchase 91.04
OGK-2 (PAO) Solnechnodolsk, the Stavropol krai Generation of electric and thermal power 0.000168
TPlus (PAO) Riga Land Business Center, Baltia motorway, the Moscow region Generation of electric and thermal power 0.0012
EnergosbyT Plus (PAO) Riga Land Business Center, Baltia motorway, the Moscow region Wholesale and retail energy sale and purchase 0.0077
FSK UES (PAO) 5a Ulitsa Akademika Chalomeya, Moscow Energy transmission and distribution 0.0000489
Uralenergotrans (OOO) 140 Ulitsa Mamina Sibiryaka, Ekaterinburg Transportation and shipping 100
Energy Service Company of Urals (OAO) 19 Ulitsa Chaikovskogo, Ekaterinburg Provision of energy efficiency 100
Uralenergozhylstroy (ОАО) 97a Prospekt Lenina, Ekaterinburg No operations. Bankruptcy proceedings 5.73
Insurance company “Ring of the Urals” (ООО) 3 Ulitsa M.Zhukova, Ekaterinburg Excluded from the Unified State Register of Legal Entities on 29.01.2016 7.4037

Property portfolio

No. Facility Physical terms: Aerial and cable power lines (km); substations and other facilities (pcs) Book (residual) values as of 01.01.2015 (RUB thous.) In 01.01.2015- 31.12.2015 (RUB thous.) Out 01.01.2015- 31.12.2015 г. (RUB thous.) Charged depreciation 01.01.2015-31.12.2015 (RUB thous.) Book (residual) values as of 31.12.2015 (RUB thous.)
1. Grid facilities, incl.:   38,685,254 6,292,774 228,916 3,902,124 40,846,988
1.1 220 kV and up aerial power lines 49 271,768     50,177 221,591
1.2 110 kV aerial power lines 25,978 8,962,867 725,772 11,519 695,606 8,981,514
1.3 35 kV aerial power lines 9,227 1,327,447 18,482 888 106,659 1,238,382
1.4 0-10 kV aerial power lines 93,170 6,559,613 2,080,905 24,277 741,488 7,874,753
1.5 220 kV and up substations 3 338,370 1,717 0 46,711 293,376
1.6 110 kV substations 632 5,390,067 364,587 89,819 608,932 5,055,903
1.7 35 kV substations 406 909,636 21,729 2,932 104,201 824,232
1.8 0-10 kV substations 30,376 5,492,471 983,469 25,310 471,880 5,978,750
1.9 Cable power lines (all voltage classes) 6,365 5,627,793 1,065,575 43,847 210,623 6,438,898
1.10. Other grid-related assets   3,805,222 1,030,538 30,324 865,847 3,939,589
2. Non-core assets from the non-core asset register 60 1,838,765 0 12,748 4,108 1,821,909
3. Other assets (i.3 = i.4 – i.2 – i.1), incl.:   5,460,032 434,098 48,325 512,516 5,333,289
3.1. Owned land plots 461 76,399 2,953 0 0 79,352
4. Fixed assets (from the balance sheet)   45,984,051 6,726,872 289,989 4,418,748 48,002,186
5. Leased grid facilities, incl.:   1,235,368 398,833 30,913 1,274 1,602,014
5.1. 220 kV and up aerial power lines 0 3,548 0 2,294 0 1,254
5.2. 110 kV aerial power lines 101 7,815 0 0 0 7,815
5.3. 35 kV aerial power lines 3 1,237 859 0 20 2,076
5.4. 0-10 kV aerial power lines 2,849 223,034 28,447 2,584 340 248,557
5.5. 220 kV and up substations 0 26 0 0 0 26
5.6. 110 kV substations 17 29,174 2,244 0 0 31,418
5.7. 35 kV substations 6 390 0 0 21 369
5.8. 0-10 kV substations 1,300 754,434 136,478 1,874 683 888,355
5.9. Cable power lines (all voltage classes) 1,280 155,799 175,496 18,464 210 312,621
5.10. Other leased grid-related assets   59,910 55,309 5,697 0 109,522
6. Other leased assets, incl.:   4,300,940 459,823 541,305 190 4,219,268
6.1. Land plots 18,018 3,522,686 419,028 457,447 0 3,484,267
7. Grid assets, used under lease-purchase agreements, incl.: 0 0 0 0 0 0
7.1. 220 kV and up aerial power lines 0 0 0 0 0 0
7.2. 110 kV aerial power lines 0 0 0 0 0 0
7.3. 35 kV aerial power lines 0 0 0 0 0 0
7.4. 0-10 kV aerial power lines 0 0 0 0 0 0
7.5. 220 kV and up substations 0 0 0 0 0 0
7.6. 110 kV substations 0 0 0 0 0 0
7.8. 35 kV substations 0 0 0 0 0 0
7.9. 0-10 kV substations 0 0 0 0 0 0
7.10. Cable power lines (all voltage classes) 0 0 0 0 0 0
8. Other grid assets, used under lease-purchase agreements 0 0 0 0 0 0
9. Other assets, used under lease-purchase agreements 0 0 0 0 0 0
10. Total leased assets, incl. under lease-purchase agreements
(i.10= i.5 + i.6 + i.7 + i.8 + i.9)
  5,536,308 858,653 572,218 1,464 5,821,279
11. TOTAL (i.11 = i.4 + i.10)   51,524,178 7,585,525 862,207 4,420,212 53,827,284

Non-core assets are managed in consort with the strategyNo.60-ref, focusing on reduction of management and maintenance costs and generation of income from sales of such assets. We prepared the non-core registerNo.61-ref in line with clause 2 of the strategy. The register covers asset dispositions and deadlines for such procedures. The register quarterly revised, the General Director filed relevant reports on revisions with the Board of Directors for approval. During the reported period the Company sold 9 non-core assets with RUB 2,386.69 thous. maintenance costs incurred in 2015.