News
The annual meeting of shareholders of Vyborg Shipyard JSC was held at the premises of Vyborg Shipyard
On June 30, 2011 the annual meeting of shareholders of Vyborg Shipyard JSC was held at the premises of Vyborg Shipyard. The number of votes registered for participation in the general meeting made more than half of the total number of voting shares of the Company. Thus, the members of the meeting were competent to pass decisions on the agenda.
Chief Accountants Aleksey G. Rozhnov reported on the operational results of Vyborg Shipyard in 2010.Financial and economic activity of Vyborg Shipyard JSC by results of the year 2010 is characterized by the following performance data:
|
Performance |
Unit | For 2010 |
|---|---|---|
| Shipping volume/ volume of services (including the fulfilled stages of work-in-progress and under protocols of partial completion) | Thousand rbl. | 8 132 399 |
| Profitability of shipped products, services | - 1,7% | |
| Sales Profit | Thousand rbl. | -(141 063) |
| Net profit | Thousand rbl. | -(280 461) |
| Actual tax and levy expenditures | Thousand rbl. | 1 854 718 |
| Average number of personnel | Person. | 1 634 |
| including workers | Person. | 1 039 |
| Payroll bill | Thousand rbl. | 586 286 |
| Average monthly salary of employees | Rbl. | 29 473 |
| Average monthly wages of workers | Rbl. | 24 249 |
| Capital investments, total | Thousand rbl. | 72 066 |
| Including those according to funding sources | ||
| Enterprise own resources | Thousand rbl. | 72 066 |
| Raised funds | Thousand rbl. | _________ |
| Capital investments, total | Thousand rbl. | 72 066 |
| Including: | ||
| Buildings and facilities | Thousand rbl. | 43 500 |
| Machinery, equipment, means of transport | Thousand rbl. | 28 566 |
In accordance with the approved agenda the following questionswere considered at the general shareholders’ meeting:
1. Approval of the annual accounting reports of Vyborg Shipyard JSC for 2010, including profit- and-loss account, internal audit commission report and auditor’s report;
2. Reducing of share capital of Vyborg Shipyard JSC by redemption of bought out shares;
3. Allocation of profit by results of 2010;
4. Approval of the Charter of Vyborg Shipyard JSC as amended;
5. Definition of quantitative representation of the Board of Directors of Vyborg Shipyard JSC;
6. Election of members of the Board of Directors of Vyborg Shipyard JSC;
7. Approval of the auditor of Vyborg Shipyard JSC;
8. Approval of the transaction connected with the conclusion of the CREDIT AGREEMENT on opening of the demand line of credit between Vyborg Shipyard JSC and Gazprombank JSC, at a rate of 4 700 000 000,00 (Four billion seven hundred millions) roubles.
9. Approval of the formation of the contract on a bank guarantee between Vyborg Shipyard JSC (Principal) and Gazprombank JSC (Guarantor).
Results of voting by the basic questions of the agenda of annual general meeting of shareholders of Vyborg Shipyard JSC will be published at the biginning of July, 2011.
After meeting of shareholders, Board of Directors Vyborg Shipyard JSC was held. It was headed by Chairman of Board of Directors G.A.Poryadin. Based on the results of the meeting the decision of the foundation of new contract and appointment as the General Director of Vyborg Shipyard JSC for a period of 5 years was accepted.
Vote returns on the main issues of the agenda of the annual meeting of shareholders of Vyborg Shipyard JSC will be published at the beginning of June 2010.