The Annual General Shareholders Meeting of TGC-1 took place on 18 June 2021. The shareholders approved the Company's annual report for 2020, accounting (financial) statements for 2020, including the Company's P&L statements for 2020.
TGC-1's revenue for 2020 totalled RUB 84 billion 158.2 million, gross profit — RUB 9 billion 968.0 million, and net profit — RUB 6 billion 763.3 million.
The Annual General Shareholder Meeting resolved to allocate RUB 2 billion 637.0 million of the net profit for 2020 to the disposal of the Company.
The dividends for 2020 will be paid to TGC-1 shareholders in the amount of RUB 0.001070552 per ordinary share of the Company in monetary form.
The TGC-1 Annual General Shareholders Meeting elected the following persons to the Board of Directors:
1. Parviz Abdushukurov
2. Dmitry Borovikov
3. Vadim Vederchik
4. Alexander Ivannikov
5. Vitaly Markelov
6. Mario Mazidowski
7. Gennady Sukhov
8. Denis Fedorov
9. Andrey Khorev
10. Alexander Chuvaev
11. Pavel Shatsky
The General Shareholders Meeting resolved to approve the revised Articles of Association and internal documents regulating the activities of the Company's bodies.
JSC BDO Unicon was approved as the Company's Auditor.
TGC-1 is the leading producer of electricity and heat in the North-West region of Russia. It operates 52 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast.
Installed electric capacity of the Company’s stations amounts to 6.9 GW and heating capacity of 13,5 thous. GCal/hr. Major shareholder is Gazprom Energoholding LLC (51.79%).