6.1. Results of investment activity
The goals and tasks of the Company’s investment programs for 2004 included the increase of working capacity of the functioning TPS, rehabilitation, technical re-equipment and upgrade of the currently used equipment to enhance its reliability, and development of the heat mains.
In 2004, the Company’ used 2,561 million roubles of capital investments, introduced fixed assets for the amount of 1,711 million roubles, with its real estate objects under registration amounting to 829 million roubles (out of which 613 million roubles-is the value of power generating unit (plant) No. 6 TPS-5, 89 million roubles-the value of the fifth line of the heating mains from TPS-5 to the Vostochny housing estate in Novosibirsk).
In addition, in 2004, the capital investments of 181 million roubles were used up for leasing, (installation of TG No. 14 generator at TPS-3, installation of a transformer at TPS-4, replacement of accumulator storage batteries in the electric networks, purchase of equipment for the APSMCS system (automated power supply monitoring and control system), acquisition of computer equipment, automotive transport vehicles).
In 2004, the Company put into operation:
- power generating unit (plant) No. 6 with a cooling tower No. 3 at TPS-5.
- steam boiler BEM-25 at Barabinsk TPS.
- hot-water boiler ÊÂÃÌ-50 at Barabinsk TPS.
- installation of gas service at BLTPS - ÃÐÏ.
- heating mains from TPS-5 to the housing estate Vostochny in Novosibirsk (1.68 km).
- rehabilitation of ÂË-10;0,4 quarter (101.8 km).
The sources of financing the capital investment were:
- Company’s equity funds: depreciation and profit - 1,400 million roubles;
- Borrowed funds in the form of share interest and credit funds - 963 million roubles;
- Funds from RAO UES of Russia - 87.1 million roubles.
6.2. Use of capital investment for target-oriented programs for 2004
thousand roubles including VAT
| Target-oriented investment program |
Capital investment plan
for 2004 |
Capital investment use
in 2004 |
Capital investment use in 2004 in the form of leasing |
| Construction of power generating unit No. 6 and cooling tower No. 3 TPS-5 |
805 217 |
868 373 |
- |
| Gain in working capacity (ÒÀ No. 14 TPS-3) |
702,200 |
640,779 |
56,173 |
| Construction of heat transmission networks |
260,250 |
301,940 |
- |
| Including the equipment to be installed |
- |
35,500 |
- |
| Rehabilitation and technical upgrade (re-equipment) of TPS (wherever technically required) |
41,161 |
27,439 |
44,364 |
| Rehabilitation and technical upgrade of TPS (environmental structures) |
21,900 |
19,903 |
- |
| Rehabilitation and technical upgrade of TPS (enhancing fire safety) |
7,386 |
5,944 |
- |
| Modernization of hot-water boilers KVGM at BLTPS and Installation of a steam boiler (ÁÝÌ-25) |
46,580 |
46,308 |
- |
| Installation of metering units (stations) |
7,175 |
7,367 |
- |
| Technical re-equipment of the instrumentation pool of TPS and networks (mains) |
8,200 |
8,200 |
- |
| Including purchase of equipment |
- |
3,238 |
- |
| Rehabilitation and technical upgrade of electric mains |
133,017 |
127,870 |
16,000 |
| Energy-saving program |
27,503 |
32,980 |
- |
| Program of reducing construction in progress |
14,170 |
16,682 |
- |
| including installation of gas service at BLTPS (ÃÐÏ) |
10,646 |
11,987 |
- |
| Rehabilitation and technical upgrade (of TPS objects of the Fuel affiliation (installation of conveyor-type weighers and of sample conditioners) |
7,750 |
9,868 |
-
|
| Replacement of meters |
144,200 |
153,780 |
- |
| Installation of technical security equipment at power plants |
12,000 |
12,000 |
- |
| Purchase of computers and office equipment, furniture and other equipment |
53,000 |
124,355 |
26,469 |
| Program of providing electric power supply to the administrative building |
2,518 |
2,821 |
- |
| Rehabilitation and technical upgrade (of affiliations) |
34,500 |
- |
- |
| Other investments not included in target-oriented investment programs for 2004 |
- |
48,817 |
37,912 |
| Objects included in target-oriented investment programs for 2005 |
34,923 |
14,728 |
- |
| Total for the objects of Novosibirskenergo OJSC: |
2,363,650 |
2,470,154 |
180,919 |
| Technical re-equipment of Novosibirsk HPS |
87,144 |
90,618 |
- |
| Total: |
2,450,794 |
2,560,772 |
180,919 |
|
