News
The annual meeting of shareholders of Vyborg Shipyard JSC was held at the premises of Vyborg Shipyard
On June 21, 2012 the annual meeting of shareholders of Vyborg Shipyard JSC was held at Vyborg Shipyard. The number of votes registered for participation in the general meeting made 78,52% of the total number of voting shares of the Company. Thus, the members of the meeting were competent to pass decisions on the agenda.
General Director Alexander S. Solovyev reported on the operational results of Vyborg Shipyard in 2011 and described in the report the principal directions of VSY activity in 2011.
Chief accountant of VSY Aleksey G. Rozhnov coreported on VSY’s results for 2011.
Financial and economic activity of Vyborg Shipyard JSC by results of the year 2011 is characterized by the following performance data:
|
Performance |
Unit | For 2011 |
|---|---|---|
| Shipping volume/ volume of services (including the fulfilled stages of work-in-progress and under protocols of partial completion) | Thousand rbl. | 11 063 087 |
| Profitability of shipped products, services | 0.007 | |
| Sales Profit | Thousand rbl. | 763 |
| Net profit | Thousand rbl. | -(846 948) |
| Actual tax and levy expenditures | Thousand rbl. | -(1 603 389) |
| Average number of personnel | Person. | 1536 |
| including workers | Person. | 972 |
| Payroll bill | Thousand rbl. | 559 667 |
| Average monthly salary of employees | Rbl. | 24 474 |
| Average monthly wages of workers | Rbl. | 21 398 |
| Capital investments, total | Thousand rbl. | 109 867 |
| Including those according to funding sources | ||
| Enterprise own resources | Thousand rbl. | 104 517 |
| Raised funds | Thousand rbl. | 5 350 |
| Put into action basic assets, total | Thousand rbl. | 205 054 |
| Including: | ||
| Buildings and facilities | Thousand rbl. | 97 149 |
| Machinery, equipment, means of transport |
Thousand rbl. |
107 338 |
Tatjana S. Laktaeva, auditor of audit company INSEI LLC, reported on audit results of Financial and Economic activities of VSY for 2011.
Alla M. Kazakova reported on Audit Commission results for annual report and balance of VSY.
In accordance with the approved agenda the following questions were considered at the general shareholders’ meeting:
- Approval of the annual accounting reports of Vyborg Shipyard JSC for 2011, including profit- and-loss account, internal audit commission report and auditor’s report;
- Distribution of profit according to the results of 2011, includes passing of dividends according.
- Definition of quantitative representation of the Board of Directors of Vyborg Shipyard JSC.
- Election of members of the Board of Directors of Vyborg Shipyard JSC
- Election of members of the internal audit commission of Vyborg Shipyard JSC
- Approval of the auditor of Vyborg Shipyard JSC
- Approval of interested party transaction –an amicable settlement agreement concluded on April 09, 2012 between Vyborg Shipyard JSC and GPB JSC by legal case № А40-123905/11-133-1058 at Moscow City Arbitration Court for collection debts from Defendant on Credit agreement №231/11-Р, concluded at 05.08.2011 between Vyborg Shipyard JSC and GPB JSC.
Vote returns on the main issues of the agenda of the annual meeting of shareholders of Vyborg Shipyard JSC were reported by Chairman of Counting Commission.
Alexander S. Solovyev announced the decisions accepted by Annual general meeting of shareholders of VSY.
Chairman of meeting Georgy A. Poryadin thanked shareholders for work and closed the meeting.