ABOUT THE REPORT
This integrated report of “Samruk-Energy” JSC reflects material facts of the company’s performance. The Report provides all interested parties with a review of the results and achievements of Samruk-Energy Group of Companies’ activity in the period from January 1 to December 31, 2016. Consolidated financial statements of the Company for 2016 as of December 31, 2016 and for 2015 as of December 31, 2015 stated herein are the outcome of the audit conducted by an independent auditor – PricewaterhouseCoopers LLP (PwC).
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Strategy
Today the Company is widely regarded as a major player that manages energy and coal enterprises in the territory of Kazakhstan and has a clear vision of its development…
The program of assets privatization
Today“Samruk-Energy” JSC is the largest diversified power holding company successfully integrated into international energy mix, forming…
Green energy
Across “Samruk-Energy” JSC group of companies the share of clean electricity generated without burning coal and gas in the total production volume reached 15.7 % in 2016…
Conventional power industry
Company assets comprises the largest generating companies, including power plants of national significance like Ekibastuz SDPP-1 and SDPP-2, as well…
Coal mining
The coal industry of Kazakhstan is one of the largest sectors of the country’s economy. In terms of coal reserves, Kazakhstan is among the top ten leading countries, coming just…
Management discussion and analysis
The Company’s operations in 2016 in the power and coal industries were carried out according to the approved plans. Equity method is used by “Samruk-Energy” JSC Group…
Procurement and inventory management
Physical resources are provided in accordance with the Company’s development plan which is prepared using business units’ requests based on business needs…
Corporate governance
Sovereign Wealth Fund “Samruk-Kazyna” JSC holds 100 % of “Samruk-Energy” JSC shares (5, 601,687 shares). Sovereign Wealth Fund “Samruk-Kazyna” JSC – the Fund, the sole…
Human rights
Undoubtedly, our primary task is to conduct business in lawful manner, in accordance with current laws and regulations of the Republic of Kazakhstan and internal documents of the Company…