Appendix 2

I. FIXED ASSETS

Intangible assets

93,245

78,893

Results of research and development

7,467

83,922

Fixed assets

77,364,255

78,506,238

Income-bearing investments into tangible assets

–

–

Long-term financial investments

19,499,723

17,739,739

Deferred tax assets

301,769

259,419

Other non-current assets

1,705,783

3,422,953

Total Section I

98,972,242

100,091,164

II. CURRENT ASSETS

Inventories

3,333,971

3,348,427

Value added tax on goods purchased

97,616

91,837

Accounts receivable

15,394,194

16,565,184

Short-term financial investments (excluding cash equivalents)

38,083

10,918,972

Cash and cash equivalents

6,837,801

29,157

Other current assets

1,378,537

324,995

Total Section II

27,080,202

31,278,572

TOTAL SECTION I AND II

126,052,444

131,369,736

III. EQUITY AND RESERVES

Authorized capital

38,543,414

38,543,414

Own shares buy-back

–

–

Revaluation of non-current assets

9,609,586

9,587,544

Additional capital (without revaluation)

23,285,600

23,285,600

Reserve capital

1,771,995

1,927,171

Retained earnings (loss)

24,615,051

31,491,968

Total Section III

97,825,646

104,835,697

IV. NON-CURRENT LIABILITIES

Borrowings and bank loans

8,500,000

4,000,000

Deferred tax liabilities

3,064,440

2,865,256

Other non-current liabilities

139,753

203,191

Total Section IV

11,704,193

7,068,447

V. CURRENT LIABILITIES

Borrowings and bank loans

6,213,762

8,911,594

Accounts payable

10,062,702

10,275,754

Income of future periods

–

–

Estimated liabilities

246,141

278,244

Other current liabilities

–

–

Total Section V

16,522,605

19,465,592

TOTAL SECTION III, IV, V

126,052,444

131,369,736

Proceeds and expenses of ordinary activities

Revenue (net) revenues earned on the sale of goods, products, works, and services

87,079,851

90,836,923

heat

33,037,084

36,316,345

electricity

33,689,386

33,620,989

capacity

19,867,247

20,187,113

other goods, products, works and services

486,134

712,476

Production cost

(76,300,384)

(78,988,281)

heat

(36,953,572)

(39,015,231)

electricity

(20,921,959)

(20,897,629)

capacity

(18,312,984)

(18,843,500)

other goods, products, works and services

(111,869)

(231,921)

Gross profit

10,779,467

11,848,642

Profit (loss) from sales

10,779,467

11,848,642

Other proceeds and expenses

Interest receivable

298,980

413,984

Interests Payable

(723,443)

(530,307)

Income earned from equity participation in other companies

0

0

Other proceeds

5,274,477

2,836,390

Other costs

(7,087,328)

(2,963,812)

Profit (loss) before taxation

8,542,153

11,604,897

Income tax, incl.

(2,110,450)

(2,265,519)

   current income tax

(2,221,908)

(2,292,192)

   income tax of past years

111,458

26,673

including permanent tax liabilities (assets)

112,112

133,636

Changes in deferred tax liabilities

418,853

199,184

Changes in deferred tax assets

221,913

(42,350)

Other

26,185

(1,631)

Net profit

7,098,654

9,494,581

REFERENCE

Result of revaluation of non-current assets not included to the net profit

(loss) for the reporting year

–

–

Results of other transactions not included to the net profit (loss) for the

reporting year

–

–

Cumulative financial result for the year

7,098,654

9,484,581

Basic earnings (loss) per share, RUB

0.00184

0.00246

Diluted earnings (loss) per share

–

–