Annual Report 2017 Rosenergoatom 4 — 5
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SAFE ENERGY SOURCE INNOVATIVE TECHNOLOGIES ANNUAL SUSTAINABLE ENERGY SUPPLY REPORT 2017 FOR ALL CONTENTS Business Geography 2 2.5 Contribution to Russian Digital Economy. APPENDICES 208 Appendix 10. Information Technology 102 Auditor’s Report Certifying Annual Appendix 1. Accounting Statements 258 Key Performance Indicators in 2015-2017 International Sci-Tech Cooperation 4 2.6 108 About Annual Report.Material Aspects 210 2.7 International Business and New Products 112 Appendix 11. Key Events of 2017 8 Appendix 2. Report on Rosenergoatom’s Compliance with Corporate Corporate and Contact Details 214 Governance Code Recommended by the Bank of Russia 261 03. Sustainability Management 121 Address by Board of Directors Chairman Financial Stability 13 3.1 123 Appendix 3. Appendix 12. 3.2 Investment Program 130 GRI, RSPP Content Index 215 Operating NPP Power Units 270 Address by CEO 14 3.3 Environmental Impact 132 Appendix 4. Appendix 13. 3.4 Radiation Effect Table on Consideration of Suggestions Installed Capacity and Power Output of Nuclear Overview on Personnel and Population 140 01. 17 by Stakeholders 231 Power Plants of Rosenergoatom in 2015-2017 1.1 General Information 20 3.5 HR Policy 147 by Russian UES 271 1.2 Mission, Vision and Values 23 3.6 Labor Protection 157 Appendix 5. System of Public Reporting Indicators Appendix 14. 1.3 Value Creation 24 3.7 Social Policy. at Rosenergoatom 237 Main Personnel Characteristics 272 1.4 Strategic Goals and Objectives 29 Developing Areas of Presence. Charity 161 1.5 Risk Management 34 Appendix 6. Appendix 15. 1.6 Sustainable Development Goals 38 04. Operating Efficiency 169 Public Assurance Statement 242 Glossary 274 4.1 Corporate Governance 171 Appendix 7. Appendix 16. Technological Leadership and Innovations Economic Security 02. 43 4.2 188 Non-Financial Audit Report 245 Abbreviations 277 2.1 Situation in Power Sector 45 4.3 Internal Control and Auditing 190 2.2 Generating Capacities. 4.4 Property Management 194 Appendix 8. Appendix 17. Report of Internal ControlDepartment Rosenergoatom Historical Background 278 Developing Generating Potential 52 4.5 Purchase Management 195 of Rosenergoatom 248 Ensuring Safety of Russian NPPs Quality Assurance 2.3 84 4.6 197 Appendix 18. 2.4 Innovations. Sci-Tech Policy. Knowledge 4.7 Interaction with Stakeholders 201 Appendix 9. Feedback Form 279 Management System 90 4.8 Public Reporting System 206 Accounting (Financial) Statements 249 48Business Geography osenergoato onern Annual esus report o 2017 49Rosenergoatom osenergoato onern esus2 o 2017— 3 102-4 102-6 BUSINESS GEOGRAPHY 1 27.9 GW — FLOATING NUCLEAR POWER PLANT RUSSIA’S NUMBER ONE insae apaiy o s BILIBINO NPP poer prouer G KOLA NPP BALTIC NPP VVER-440 2 VVER-1200 LENINGRAD NPP B-1000 THE WORLD’S NUMBER TWO VVER-1200 poer prouer an insae apaiy oner KALININ NPP SMOLENSK NPP ROSENERGOATOM, VVER-1000 JOINT-STOCK COMPANY B-1000 is a largest power generating NOVOVORONEZH NPP company in Russia and the VVER-440 country’s only operator of Russian KURSK NPP VVER-1000 nuclear power plants. B-1000 VVER-1200 VVER-210 VVER-TOI VVER-365 VVER-440 202.87 ROSTOV NPP BALAKOVO NPP BELOYARSK NPP BLN KWH — poer generaion in 1000 VVER-1000 B 2017 1000 B B B 10 REGIONS o operaing POWER UNITS PERCENT SHARE IN THE RUSSIAN FEDERATION ENERGY BALANCE 18.9% 35 6 2 2 3 PERCENT CAPACITY FACTOR n operaion uner onsruion hysia sarup eois uner an oaing in 2017 sioning shuon 83.3% Key Performance Indicators in 2015-2017 Annual report 2017 Rosenergoatom 4 — 5 102-7 KEY PERFORMANCE INDICATORS IN 2015-2017 202.87 360,386 BLN KWH — MLN RUBLES — poer generaton n 2017 revenue n 2017 AAT FATR % 10 RR ATA R 100 mln rules actual 2017 83.29 2017 793,123 plan 2017 82.1 2016 793,123 2016 83.1 2015 671,517 2015 85.95 R RA KWH ln kWh R R 10 ln Rules 195.2 196.4 199.841 202.87 263,757 282,036 360,386 2015 2016 plan 2017 actual 2017 2015 2016 2017 1e FA alane target poer generaton as spee as te planne nator. Key Performance Indicators in 2015-2017 Annual report 2017 Rosenergoatom 6 — 7 ARA AT R INVESTMENT EQUITY EBITDA MAR % CHARTA CONR ARA A MA TA AR T BUDGETS1 R R R 18,169 21,986 32,847 2017 33,8861 2017 115,097.02 2017 46.7 2017 505 2015 2016 2017 35,248 117,767.9 37.0 505.5 2016 35,394 2016 128,975.1 2016 41.0 2016 498 Feeral uget ugets o te Russan Feeraton oal ugets Personal nome ta onsttuent enttes 2015 37,179 2015 121,932.6 2015 51.3 2015 565 2017 14,878 2017 13,387 2017 63 2017 4,519 2016 8,203 2016 9,264 2016 56 2016 4,463 2015 6,504 2015 7,125 2015 139 2015 4,401 n aton transerre n avor o Atomenergoprom a responsle partpant n te onsolate group o tapayers atual LAR RTIVIT A VA R NE RT R NE A VA R TOTA VOL R TA FR R OF RI A R RT R plan RRA PAT AR PAT RR R 2017 10.64 2017 1,741,657 2017 45,981 2017 1,509,615 2017 15,401 2017 9,375 2017 152,730 2016 7.97 2016 1,614,094 2016 10,605 2016 1,389,225 2016 1,033 2016 6,891 2016 105,583 2015 7.09 2015 1,470,670 2015 13,922 2015 1,298,091 2015 5,215 2015 6,237 2015 103,616 1 normaton aout te reasons or a erease n te eaount ma e oun n eton R Pol. 1 Amount o taes pa mnus ta reuns rom ugets 2 Fullment o Rosenergoatom nestment program or 2017 b as reers to nestment n eut s relate to diverson o te nestment resoure tat as earler planne or nestment n eut repament o te prnpal amount o te loan or optmaton o epenses or repament o nterest on loans Key Events of 2017 Annual report 2017 Rosenergoatom 8 — 9 102-10 KEY EVENTS OF 2017 th 25 The Rostov NPP hosted a Rosenergoatom celebrated its large-scale emergency drill th 1. 25 anniversary complex involving observers from six countries, the NPP The Balakovo NPP obtained Rosenergoatom Competence emergency response team the license from Rostekhnad- The 1st loop of the Academi- Novovoronezh NPP-2 power unit Center for APCS Cybersecurity at (NPP ERT), Russian Emercom, zor for the power unit No.2 cian Lomonosov floating pow- No.1 with VVER-1200 reactor was Nuclear Power Plants was estab- Defense Ministry and National operation during an additional er unit reactors was washed put into commercial operation. lished on the basis of VNIIAES. Guard. 26-year period. out. FEBRUARY 27 APRIL SEPTEMBER 7 SEPTEMBER 20-22 OCTOBER OCTOBER 01.01.2017 01.10.2017 MARCH 28-31 JUNE AUGUST AUGUST 10 – SEPTEMBER 10 SEPTEMBER 30 OCTOBER Ekaterinburg hosted the first The Best Russian NPP corporate In support of the international The Multimedia Art Museum (Mos- The Smolensk NPP started The Beloyarsk NPP employees championship of vocational contest results were summa- contracts implemented by cow) held a photo exhibition of the producing cobalt isotope as part of the author team re- skills among the employees of rized. Year 2016 title was won Rosatom State Corporation, world’s two leading nuclear power Co-60 (the first extra cobalt ceived the Russian Federation Rosatom’s power engineering by the Balakovo NPP. Among top a decision was made to create producers – Rosenergoatom and absorber was loaded into the Government Sci-Tech Award division – REASkills 2017. three were the Kursk (number a single educational center – Electricite de France (France). The reactor of the power for improving the efficiency Competitions were also held two) and Beloyarsk (number Rosatom Technical Academy exhibition was devoted to the 25th unit No.1). of the fast neutron reactor in Sosnovy Bor and Novovor- three) NPPs. within the power engineering anniversary of Rosenergoatom. operation, development and onezh. division structure. life extension. 1. Further details of Rosenergoatom history may be found on the official website http://www.rosenergoatom.ru/en/about-us/history/, and in the 2016 Annual Report – 25 Years of Safe Operation (http://report2016.rosenergoatom.ru/#/en/) Key Events of 2017 Annual report 2017 Rosenergoatom 10 — 11 102-10 KEY EVENTS OF 2017 1 2 2 Vladimir Putin, President of the The Smolensk NPP started First criticality (nuclear fuel Russian Federation, gave start Employees of the Rostov transferring spent nuclear fuel loading into the reactor) at the 200 to the program of bringing the and Kola NPPs became gold to dry storage – the first spent Rostov NPP power unit No.4 Russian nuclear plants Rostov NPP power unit No.4 and silver prize winners at fuel assembly was disman- started at 7:53 PM (Moscow surpassed the power output to design capacity (power WorldSkills Hi-Tech 2017. tled. time). level of 200 bln kWh. start-up). NOVEMBER DECEMBER DECEMBER 6 DECEMBER 27 FEBRUARY 1 09.03.2018 01.11.2017 01.01.2018 NOVEMBER NOVEMBER 30 DECEMBER 6 DECEMBER 8 JANUARY 20 MARCH 9 The POWER Magazine named The IAEA Operational Safety The Rostov NPP became the First criticality at the Lenin- The Leningrad NPP demon- The innovative power unit the innovative power unit No.1 Review Team (OSART) praised winner of the corporate safety grad NPP-2 power unit No.1 strated a record high power No.1 pertaining to Genera- of the Novovoronezh NPP-2 the Leningrad NPP efforts culture contest in 2017.