Position of the Company in the Industry
Open Joint-Stock Company of Power Industry and Electrification "Lenenergo" serves a capacious market – the territory of St. Petersburg and the Leningrad Region. The key indicators which characterized the economic situation within the Company’s area of service in 2010, are given in the table below.2
| Indicator | St. Petersburg | Leningrad Region |
|---|---|---|
| Consumer Price Index | ||
| December 2010 / December 2009, % | 109.4 | 111.1 |
| For reference: December 2009 / December 2008, % | 108.5 | 110.1 |
| Execution of consolidated budget | ||
| Income (January-November 2010), RUR mln | 316,676 | 64,213 |
| Expenses (January-November 2010), RUR mln | 289,244 | 56,653 |
| Profit (January-November 2010), RUR mln | 27,432 | 7,560 |
| Public debt of the federal region, RUR mln | ||
| As of 01.02.2011(SPB); As of 01.12.2010 (LR) | 3,048 | 5,528 |
| For reference: as of 01.01.2010 | 1,815 | 5,755 |
| New residential buildings put into operation | ||
| 2010, total area, thousand sq.m | 2,656.5 | 1,041.1 |
| 2010, % vs. the previous year period | 102.0% | 101.0% |
| Industrial Production Index | ||
| 2010 / 2009, % | 108.9% | 114.8% |
| For reference: 2009 / 2008, % | 80.3% | 93.5% |
| Balanced financial result (profit minus losses) by types of economic activities3 | ||
| Total (January-November 2010), RUR mln | 301,478 | 58,495 |
| % vs. the corresponding period of 2009 | 124.9% | 146.8% |
| Change of real monetary incomes, % vs. the corresponding period of the previous year | ||
| 2010 | 109.7% | 107.6% |
| For reference: 2009 | 111.3% | 95.2% |
| Ratio of average per capita income to living-wage, % | ||
| 3 quarter 2010 | 475.0% | 277.1% |
| For reference: 3 quarter 2009 | 395.9% | 269.0% |
| Foreign trade turnover (goods) | ||
| Foreign trade turnover, January-December 2010, USD mln | 36,341 | 14,727 |
| %, to January-December 2009 | 116.3% | 136.1% |
| Including export | 11,817 | 10,147 |
| %, to January-December 2009 | 87.9% | 141.7% |
| Including import | 24,524 | 4,580 |
| %, to January-December 2009 | 137.8% | 125.1% |
| Trade balance (January-December 2010), USD bln | -12.7 | 5.6 |
| Investments into fixed capital | ||
| January-December 2010, total, RUR bln | 375.0 | 269.3 |
| January-December 2010, % vs. the corresponding period of the previous year | 106.4% | 132.4% |
| Total volume of foreign investments into the non-financial sector of the economy | ||
| January-December, 2010, USD mln | 5,231.4 | 636.9 |
| % to January-December, 2009 | 94.7% | 51.1% |
| Demographic indicators | ||
| Population4 , thousand people, 2010, total | 4,624.7 | 1,626.3 |
| Natural population loss in 2010 per 1,000 people, % vs. 2009 | 79% | 94% |
| Increase in births per 1,000 people in 2010, % vs. 2009 | 106% | 100% |
| Increase in deaths per 1,000 people in 2010, % vs. 2009 | 101% | 97% |
2 The data was provided by the Regional Body of the Federal Agency of Government Statistics for Saint Petersburg and the Leningrad Region (Petrostat), the Finance Committee of Saint Petersburg, and taken from the official Website of Leningrad Region (http://lenobl.ru/finance) and Saint Petersburg (http://lwww.gov.spb.ru/test), the data of the Ministry of Regional Development (http://www.minregion.ru) (including on the basis of the data of operative statistical reporting). The methodology of calculation for most of the indicators is given on Petrostat’s official website at www.petrostat.gks.ru
3 Financial results for the activity of large and middle companies are given excluding banks, insurance companies, and governmental organizations
4 By a tentative estimation, the population of Saint Petersburg as of January 01, 2010 amounted to 4,627.2 thousand people, and from the beginning of the year it increased by 26.9 thousand people, or 0.6%
After the long period of stable economic growth, the regions of the Company’s activity faced the challenges of the global world financial and economic crisis. Despite the depth of the negative effects and speed of propagation of the crisis, Governments of the regions managed to perform the transition from the management of "economies of growth" to the organization of anti-recessionary management, and in the future, in the process of stabilization of the economic situation, to re-start a gradual transition to the actions stimulating economic development of federal regions.
Since the prospects of JSC "Lenenergo" are direct related to the situation in the country's economy as a whole, and in the regions of the Company activity, in particular, the monitoring and considering of the situation in the regional economy is an indivisible element of its strategic development.
Top