rus
2014

Glossary

ACPP
Annual Comprehensive Procurement Program
APS
Atomic Power Station
CSC
Customer service center
EBITDA
Earnings before interest, taxes, depreciation and amortization
EDN/ETN
Electricity distribution/town networks
ETF
Electronic trading floors
FAS
Federal Antimonopoly Service
FES
Fuel and energy sector
FGC
UES Federal Grid Company of Unified Energy System
FOCL
Fiber-optic communications lines
FTC
Federal Testing Center
FTS
Federal Tariff Service of Russia
GDR
Global depositary receipts
GVA
Gigavolt-ampere
GW
Gigawatt
ICS
Internal Control System
IDGC
Interregional Distribution Grid Company
IFRS
International Financial Reporting Standards
ISIN
International Securities Identification Number
IR
Department Investor/shareholder relations department
IPS
Integrated Power System
ITT
Information technology and telecommunications
JSC
“ROSSETI” Open Joint Stock Company “ROSSETI”
KPI
Key performance indicators
kW
Kilovolt
kWt
Kilowatt
MICEX
Power The Sector Indices are market capitalization weighted indices calculated based on prices of the most liquid shares of Russian issuers operating in the relevant economic sectors, admitted to trading on MICEX Stock Exchange, and included in the Broad Market Index calculation base.
MOEX
Moscow Exchange
MRR
Minimum regulated revenue
MVA
Megavolt-ampere
MW
Megawatt
NH
Nominee holder
OTM
Operational and technological management
PAR
Protective and automatic relaying
PL
Power line
R&D
Research and Development Program
RAB
Regulatory Asset Base, a system of long-term tariff regulation aiming to encourage investment in the construction and modernization of grid infrastructure and stimulate grid organizations to implement cost efficiency measures
RAS
Russian Accounting Standards
RDC
Research and development center
RGC
Regional grid companies
SDCs
Subsidiaries and dependent companies
SO UPS
System Operator of the United Power System
SS
Substation
SWRA
Sectoral Wage Rate Agreement
TC
Technological connection
TGCs
Territorial generation companies
TGE
Territorial grid entity
TN
Trunk Networks
TNE
Trunk Networks Enterprise
TPP
Thermal power plant
UNEG
Unified National Electric Grid
UPS
United Power System of Russia
VAT
Value Added Tax