It is not empty talk?
This is our common cause, like a family.
In order to shine our windows,
and fill our hearts with confidence.
Utilities always care for
light, coziness and warm.
Natalia Kharkova,
1st grade specialist at financial section of finance and economics directorate of Troiskaya GRES
5.10
Third-Party Auditor
In March 2019, OGK-2 JSC held a competitive procurement (tender) to select an Auditor to audit the Company’s accounting (financial) statements prepared subject to the requirements of the Russian law, the consolidated financial statements of OGK-2 Group prepared subject to International Financial Reporting Standards for 2019 and 2020, to review the interim consolidated financial statements of OGK-2 JSC Group prepared subject to International Financial Reporting Standards (IFRS) for the first six months of 2019 and first six months of 2020. The following criteria were determined for participants to take part in the competitive procurement:
- compliance with the requirements established subject to the Russian law for persons providing services that are the subject of competitive procurement;
- experience in providing services for auditing accounting (financial) statements of generating companies and companies whose shares are included in the second-level quotation list of the Russian trading organizer, Moscow Exchange PJSC;
- availability of qualified personnel with qualification certificates of auditors giving the right to make a binding audit subject to Para. 3, Article 5 of Federal Act No. 307-FZ “About Auditing Activities”, international qualifications of persons that are members of international organizations (ACCA, CPA diplomas) and have experience in the sphere of generating companies audit;
- availability of license within the period of the services providing for performing works using information referred to the state secret issued by the FSS of the Russian Federation.
The specified criteria were evaluated subject to the bid evaluation methods specified in the tender documents.
Based on the results of the competitive procurement (competitive selection), the candidacy of BDO Unicon JSC was submitted for approval to the Annual General Meeting of Shareholders. At the Annual General Meeting of Shareholders of OGK-2 JSC, held on June 24, 2020 (Minutes No. 14 dated June 29, 2020), BDO Unicon Joint Stock Company was approved the Auditor of OGK-2 JSC for 202