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Annual Report 2015

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Risk Management Goals

  • Reduce the probability and/or consequences of events affecting achievement of the Company’s goals;
  • Set priorities for the Company’s activities based on the concept of the existing risks, including financial ones;
  • Security of assets and efficient use of available resources;
  • Achievement of target indicators;
  • Continuous operating efficiency improvement in all areas of the Company’s activity by analyzing and assessing the existing risks;
  • Ensuring a reliable functioning of electricity grids in the Russian Federation;
  • Achievement of the highest performance for the risk management system at the Company and its subsidiaries;
  • Timely and complete information and analytical support for managerial decisions and planning of the Company’s and its subsidiaries’ activities.

A system approach is used for risk identification and management. Activities aimed at prevention and minimization of risks are developed and analyzed on a quarterly basis.