Appendix 37
to the Regulation on Disclosure of Information by Securities Issuers
Cover page
I confirm the identity of the electronic and paper forms of information submitted to the Commission and the accuracy of the information provided for disclosure in the Commission's public information database.
Annual information of the issuer of securities
for 2011 year
- General information
1.1. Full name of the issuer: Public Joint Stock Company Kyiv Production Company Rapid.
1.2. Organisational and legal form of the issuer: Public Joint Stock Company.
1.3. Identification code according to the issuer's USREOU: 05475156.
1.4. Location of the issuer: 7, Zroshuvalna St., Kyiv, 02099.
1.5. Long distance code, telephone and fax of the issuer:(044) 566-20-97 / ф. (044) 566-15-80.
1.6. E-mail address of the issuer: mitchenko@rapid.com.ua.
- Data on the date and place of publication of annual information
Contents.
Mark (X) if the relevant information is contained in the annual information
The information not included in the annual report is not available due to the fact that: During the reporting period, the Company did not receive any licences or permits for certain types of activities. The company does not belong to any associations of enterprises. PJSC does not use services of a rating agency: there is no state share in the authorised capital of the company, the company is not of strategic importance for the economy and security of the state, it does not occupy a "dominant" position. Due to the fact that the Issuer is a joint-stock company, the item "Information on the Issuer's Management Bodies" is not filled in. Information about the founders is not available, as the Company was founded before the reporting year. Debt, mortgage, derivative, certificates of the Fund and other securities were not issued, placed on the domestic and foreign markets; there were no facts of listing/delisting on stock exchanges in the reporting period; no additional issue was carried out. There is no information on the issued securities certificates, as the Company's shares are in non-documentary form. The Company did not repurchase its own shares during the reporting period. The information on dividends for 2011 is not available due to the fact that the Company did not accrue or pay dividends during the reporting period. There is no information on the volume of production and sales of the main types of products and the cost of sales, as the Issuer is not engaged in activities classified as processing, extractive industry or production and distribution of electricity, gas and water according to the classifier of economic activities and revenue from sales for the reporting period is less than UAH 5 million. UAH. The Company does not prepare annual financial statements in accordance with International Financial Reporting Standards. The Issuer did not issue housing bonds, the fulfilment of obligations under which is secured by real estate objects.
- Basic information about the issuer
3.1 Identification details, location of the issuer
3.1.1. Full name of the company: Public Joint Stock Company Kyiv Production Company Rapid.
3.1.2. Short name (if any): PJSC KVK Rapid.
3.1.3. Organisational and legal form: Public Joint Stock Company.
3.1.4. Postal code: 02099.
3.1.5. Region, district: Darnytskyi district.
3.1.6. SettlementKyiv.
3.1.7. Street, house7, Zroshuvalnaya Street.
3.2. Information on state registration of the issuer
3.2.1. Series and number of the certificate: Series A01 No. 345785.
3.2.2. Date of state registration: 05.04.1994 р.
3.2.3 The issuing authority: Darnytsia District State Administration in Kyiv.
3.2.4. Registered share capital (UAH): 1000000,00.
3.2.5. Paid-in share capital (UAH): 1000000,00.
3.3 Banks servicing the issuer
3.3.1. Name of the bank (bank branch, department) servicing the issuer on the current account in national currency: PJSC Converse Bank.
3.3.2. Bank's MFIs: 339339.
3.3.3 Current account: 260000942501.
3.3.4. Name of the bank (branch, department of the bank) servicing the issuer on the current account in foreign currency: PJSC Converse Bank.
3.3.5. Bank's MFI: 339339.
3.3.6. Current account: 260000942501.
3.4 Principal activities
- 24.0 Road freight transport activities.
- 10.2 Retail trade in motor vehicles.
- 20.0 Maintenance and repair of vehicles.
- 30.2 Café activities.
- 12.0 Warehousing.
- 40.0 Arrangement of cargo transportation.
- 20.0 Leasing of own real estate.
3.5. Information on licences (permits) obtained for certain types of activities*.
____________
* Information about each licence (permit) shall be entered in one row of the table only.
3.6. Information on the issuer's membership in any associations of enterprises
The Company does not belong to any associations of enterprises.
3.7. Information about the rating agency
The Company does not use the services of a rating agency.
3.8. Information on the issuer's governing bodies
Due to the fact that the issuer is a joint-stock company, the information is not specified.
- Information on the founders and/or participants of the issuer and the number and value of shares (size of shares, units)
____________
* Optional to fill in.
- Information on the number of employees and their remuneration
In the reporting period, the average number of full-time employees was 317. The average number of freelancers and part-time employees was 4. The number of part-time employees was 0. The payroll for 2011 amounted to UAH 14224.60 thousand. Compared to the previous year, the average number of full-time employees increased. During the reporting period, the payroll increased by UAH 1,724.8 thousand due to the increase in the number of employees. The Company enters into a Collective Agreement with its employees. The Collective Agreement, in particular, provides for the following: 1. a list of positions and professions of the Company's employees entitled to irregular working hours and annual additional leave for special work. 2. The list of employees entitled to annual additional leave for harmful and difficult working conditions and special nature of work is determined. 3. The list of additional payments and allowances to the tariff rates and official salaries of employees is defined. 4. The list of awards and incentives was approved. In 2011, no professional development was carried out.
- Information on the issuer's officers
6.1. Information on the education and length of service of the issuer's officials
6.1.1. Position: CEO.
6.1.2. Surname, name, patronymic of an individual or full name of a legal entity: Grinenko Vladimir Ivanovich.
6.1.3. Passport details of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity: Passport CO 628586 issued on 27.03.2001 by the Pechersk District Department of the Ministry of Internal Affairs of Ukraine in Kyiv.
6.1.4. Year of birth**.-1947:
6.1.5. Education**.-higher:
6.1.6. Management experience (years) - 35 years**.:
6.1.7. Name of the company and previous position held**.: General Director of CJSC KVK Rapid from 01.10.1993 to 18.04.2011.
6.1.8. Description.: Total work experience - 46 years. Management experience - 35 years. Previous positions held: General Director of CJSC KVK Rapid from 01.10.1993 to 18.04.2011. He does not hold any other positions at any other company. He has not received any remuneration in kind. He has no unspent convictions for mercenary or official crimes. Changes in the personal composition of the official took place in accordance with the decision of the regular general meeting of shareholders of the Company dated 18 April 2011 (Minutes No. 19) in connection with the decision to bring the Company's activities in line with the requirements of the Law of Ukraine "On Joint Stock Companies", change the number of bodies of the Company, appointed to the position of General Director for a term of 7 years. Powers: without a power of attorney, represents the interests of the Company and acts on its behalf; signs powers of attorney, contracts and other documents on behalf of the Company, the decision to conclude (issue) which was made by the authorised body of the Company within its competence in accordance with the provisions of the Charter; ensures the development of the concept of pricing and tariff policy for services provided by the Company; ensures compliance with the labour legislation of Ukraine, internal labour regulations; concludes and signs collective bargaining agreements on behalf of the Company. Duties: act in the interests of the Company in good faith, reasonably and not exceed their powers; be guided in their activities by the current legislation of Ukraine, the Company's Charter, these Regulations, and acts of internal regulation of the Company. implement decisions made by the General Meeting and the Supervisory Board; participate at the invitation (upon request) of the Supervisory Board in meetings of the Supervisory Board, in regular and extraordinary General Meetings; comply with the rules and procedures established by the Company regarding conflicts of interest and transactions Not to disclose confidential information, including trade secrets, which became known in connection with the performance of the functions of the CEO, to persons who do not have access to such information, as well as not to use it in their own interests or in the interests of third parties; timely provide the Supervisory Board, the Audit Commission, internal and external auditors of the Company with complete and accurate information on the activities and financial condition of the Company.
6.1.1. Position: Chairman of the Supervisory Board.
6.1.2. Surname, name, patronymic of an individual or full name of a legal entity: Mitchenko Maria Ivanovna.
6.1.3. Passport details of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity: Passport CH 780797 issued on 10.02.1998 by Brovary City Department of the Ministry of Internal Affairs of Ukraine in Kyiv region.
6.1.4. Year of birth: 1949**.:
6.1.5. Higher education****.:
6.1.6. Management experience (years) - 34 years**.:
6.1.7. Name of the company and previous position held**.: Head of a structural unit of CJSC KVK Rapid from 01.07.1994 to 18.04.2011.
6.1.8. Description.: Total work experience - 45 years. Management experience - 34 years. Previous positions held: Head of a structural unit of CJSC KVK Rapid from 01.07.1994 to 18.04.2011. Does not hold any other positions at any other company. Amount of remuneration paid in 2011: none. She did not receive any remuneration in kind. She has no unspent convictions for mercenary or official crimes. Changes in the personal composition of the official occurred in accordance with the decision of the regular general meeting of shareholders of the Company dated 18 April 2011 (Minutes No. 19) in connection with the decision to bring the Company's activities in line with the requirements of the Law of Ukraine "On Joint Stock Companies", change the number of bodies of the Company, and appointed to the position of the Chairman of the Supervisory Board of the Company for a term of 3 years. Powers and duties: organises the work of the Supervisory Board; convenes and holds meetings of the Supervisory Board; represents the Supervisory Board at the General Meeting of the Company; opens the General Meeting, organises the election of the Secretary of the General Meeting; signs documents on behalf of the Supervisory Board; organises the keeping of minutes of the Supervisory Board meetings; notifies other bodies of the Company and addressees of decisions and conclusions of the Supervisory Board; ensures the storage of documents of the Supervisory Board; submits for consideration by the Supervisory Board the candidacy of the Corporate Secretary
6.1.1. PositionMember of the Supervisory Board.
6.1.2. Surname, name, patronymic of an individual or full name of a legal entity: Vasilenko Tatiana Petrovna.
6.1.3. Passport details of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity: Passport CH 243050 issued on 05.07.1996 by the Darnytskyi District Department of the Ministry of Internal Affairs of Ukraine in Kyiv.
6.1.4. Year of birth: 1949**.:
6.1.5. Education - specialised****.:
6.1.6. Management experience (years)-23 years**.:
6.1.7. Name of the company and previous position held**.Head of the Human Resources Department of CJSC KVK Rapid from 03.03.1980 to 11.04.2007.
6.1.8. Description.: Total work experience - 39 years. Management experience - 23 years. Previous positions: Head of the HR Department of CJSC KVK Rapid from 03.03.1980 to 11.04.2007. Does not hold any other positions at any other company. Amount of remuneration paid in 2011: none. She did not receive any remuneration in kind. She has no unspent convictions for mercenary or official crimes. Changes in the personal composition of the official took place in accordance with the decision of the regular general meeting of shareholders of the Company dated 18 April 2011 (Minutes No. 19) in connection with the decision to bring the Company's activities in line with the requirements of the Law of Ukraine "On Joint Stock Companies", change the number of members of the Company's bodies, and appointed to the position of a member of the Supervisory Board of the Company for a term of 3 years. Powers: preparation of the agenda of the General Meeting, decision-making on the date of its holding and inclusion of proposals in the agenda, except for the convocation of extraordinary General Meetings by shareholders; decision-making on holding regular and extraordinary General Meetings on his own initiative, at the request of shareholders or at the proposal of the CEO; decision-making on cancellation of shares or sale of shares previously repurchased by the Company; decision-making on placement by the Company of securities other than shares; decision-making on the placement of securities other than shares; decision-making on the placement of securities other than shares. Responsibilities: responsible for proper compliance with the requirements of the Charter and internal documents of the Company; responsible for observance of the rights of shareholders stipulated in the Charter of the Company and the legislation of Ukraine; promotes the successful operation of the Company and involvement of shareholders during new issues of securities; responsible to the General Meeting within his/her powers; informs the General Meeting of the Company, the General Director of the Company of the results of the inspections in the form of written reports; responsible for proper compliance with the requirements of the Charter and
6.1.1. PositionMember of the Supervisory Board.
6.1.2. Surname, name, patronymic of an individual or full name of a legal entity: Manashchenko Alexey Kirillovich .
6.1.3. Passport details of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity: Passport SM 172465 issued on 05.10.1999 by Boryspil District Police Department of the Ministry of Internal Affairs of Ukraine in Kyiv region.
6.1.4. Year of birth: 1949**.:
6.1.5. Secondary education**.:
6.1.6. Management experience (years) - 7 years**.:
6.1.7. Name of the company and previous position held**.: Member of the Board of CJSC KVK Rapid from 09.04.2004 to 18.04.2011.
6.1.8. Description.: Total work experience - 45 years. Management experience - 7 years. Previous positions held: Member of the Board of CJSC KVK Rapid from 09.04.2004 to 18.04.2011. Does not hold any other positions at any other company. Amount of remuneration paid in 2011: none. He did not receive any remuneration in kind. He has no unspent convictions for mercenary or official crimes. Changes in the personal composition of the official took place in accordance with the decision of the regular general meeting of shareholders of the Company dated 18 April 2011 (Minutes No. 19) in connection with the decision to bring the Company's activities in line with the requirements of the Law of Ukraine "On Joint Stock Companies", change the number of bodies of the Company, appointed to the position of a member of the Supervisory Board of the Company for a term of 3 years. Powers: preparation of the agenda of the General Meeting, decision-making on the date of its holding and inclusion of proposals in the agenda, except for the convocation of extraordinary General Meetings by shareholders; decision-making on holding regular and extraordinary General Meetings on his own initiative, at the request of shareholders or at the proposal of the CEO; decision-making on cancellation of shares or sale of shares previously repurchased by the Company; decision-making on placement by the Company of securities other than shares; decision-making on the placement of securities other than shares; decision-making on the placement of securities other than shares. Responsibilities: responsible for proper compliance with the requirements of the Charter and internal documents of the Company; responsible for observance of the rights of shareholders stipulated in the Charter of the Company and the legislation of Ukraine; promotes the successful operation of the Company and involvement of shareholders during new issues of securities; responsible to the General Meeting within his/her powers; informs the General Meeting of the Company, the General Director of the Company of the results of the inspections in the form of written reports; responsible for proper compliance with the requirements of the Charter and
6.1.1. PositionMember of the Supervisory Board.
6.1.2. Surname, name, patronymic of an individual or full name of a legal entity: Valery Anatolyevich Oliynyk .
6.1.3. Passport details of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity: Passport CH 414338 issued on 11.03.1997 by Shevchenkivskyi District Department of the Ministry of Internal Affairs of Ukraine in Kyiv.
6.1.4. Year of birth: 1960**.:
6.1.5. Secondary specialised education**.:
6.1.6. Management experience (years) - 7 years**.:
6.1.7. Name of the company and previous position held**.: Member of the Board of CJSC KVK Rapid from 09.04.2004 to 18.04.2011.
6.1.8. Description.: Total work experience - 35 years. Management experience - 7 years. Previous positions held: Member of the Board of CJSC KVK Rapid from 09.04.2004 to 18.04.2011. Does not hold any other positions at any other company. Amount of remuneration paid in 2011 - no remuneration was paid He did not receive any remuneration in kind. He has no outstanding convictions for mercenary or official crimes. Changes in the personal composition of the official took place in accordance with the decision of the regular general meeting of shareholders of the Company dated 18 April 2011 (Minutes No. 19) in connection with the decision to bring the Company's activities in line with the requirements of the Law of Ukraine "On Joint Stock Companies", change the number of bodies of the Company, appointed to the position of a member of the Supervisory Board of the Company for a term of 3 years. Powers: preparation of the agenda of the General Meeting, decision-making on the date of its holding and inclusion of proposals in the agenda, except for the convocation of extraordinary General Meetings by shareholders; decision-making on holding regular and extraordinary General Meetings on his own initiative, at the request of shareholders or at the proposal of the CEO; decision-making on cancellation of shares or sale of shares previously repurchased by the Company; decision-making on placement by the Company of securities other than shares; decision-making on the placement of securities other than shares; decision-making on the placement of securities other than shares. Duties: responsible for proper compliance with the requirements of the Charter and internal documents of the Company; responsible for observance of the rights of shareholders stipulated in the Charter of the Company and the legislation of Ukraine; promotes the successful operation of the Company and involvement of shareholders during new issues of securities; responsible to the General Meeting within his/her powers; informs the General Meeting of the Company, the General Director of the Company of the results of the inspections in the form of written reports; responsible for proper compliance with the requirements of the Charter and
6.1.1. PositionMember of the Supervisory Board.
6.1.2. Surname, name, patronymic of an individual or full name of a legal entity: Anatoliy Petrovych Yakovenko
6.1.3. Passport details of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity: Passport CH 897415 issued on 08.09.1998 by the Darnytskyi District Department of the Ministry of Internal Affairs of Ukraine in Kyiv.
6.1.4. Year of birth: 1950**.:
6.1.5. Education**.:- average
6.1.6. Management experience (years) - 7 years**.:
6.1.7. Name of the company and previous position held**.: Member of the Board of CJSC KVK Rapid from 09.04.2004 to 18.04.2011.
6.1.8. Description.: Total work experience - 40 years. Management experience - 7 years. Previous positions held: Member of the Board of CJSC KVK Rapid from 09.04.2004 to 18.04.2011. Does not hold any other positions in any other company. Amount of remuneration paid in 2011 - no remuneration was paid. He did not receive any remuneration in kind. He has no outstanding convictions for mercenary or official crimes. Changes in the personal composition of the official took place in accordance with the decision of the regular general meeting of shareholders of the Company dated 18 April 2011 (Minutes No. 19) in connection with the decision to bring the Company's activities in line with the requirements of the Law of Ukraine "On Joint Stock Companies", change the number of bodies of the Company, appointed to the position of a member of the Supervisory Board of the Company for a term of 3 years. Powers: preparation of the agenda of the General Meeting, decision-making on the date of its holding and inclusion of proposals in the agenda, except for the convocation of extraordinary General Meetings by shareholders; decision-making on holding regular and extraordinary General Meetings on his own initiative, at the request of shareholders or at the proposal of the CEO; decision-making on cancellation of shares or sale of shares previously repurchased by the Company; decision-making on placement by the Company of securities other than shares; decision-making on the placement of securities other than shares; decision-making on the placement of securities other than shares. Responsibilities: responsible for proper compliance with the requirements of the Charter and internal documents of the Company; responsible for observance of the rights of shareholders stipulated in the Charter of the Company and the legislation of Ukraine; promotes the successful operation of the Company and involvement of shareholders during new issues of securities; responsible to the General Meeting within his/her powers; informs the General Meeting of the Company, the General Director of the Company of the results of the inspections in the form of written reports; responsible for proper compliance with the requirements of the Charter and
6.1.1. Position: Chairman of the Audit Committee.
6.1.2. Surname, name, patronymic of an individual or full name of a legal entity: Grigory Vasilyevich Dyatel.
6.1.3. Passport details of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity: Passport ME 329677 issued on 25.09.2003 by the Desnyansky District Department of the Ministry of Internal Affairs of Ukraine in Kyiv.
6.1.4. Year of birth: 1959**.:
6.1.5. Higher education****.:
6.1.6. Management experience (years) - 17 years**.:
6.1.7. Name of the company and previous position held**.: Chairman of the Audit Committee of CJSC KVK Rapid from 06.10.1981 to 18.04.2011.
6.1.8. Description.: Total work experience - 32 years. Management experience - 17 years. Previous positions held: Chairman of the Audit Committee of CJSC KVK Rapid from 06.10.1981 to 18.04.2011. Amount of remuneration paid in 2011 - no remuneration was paid in kind. He has no outstanding convictions for mercenary or official crimes. Changes in the personal composition of the official occurred in accordance with the decision of the regular general meeting of shareholders of the Company dated 18 April 2011 (Minutes No. 19) in connection with the decision to bring the Company's activities in line with the requirements of the Law of Ukraine "On Joint Stock Companies", change the number of bodies of the Company, appointed to the position of Chairman of the Audit Committee of the Company for a term of 3 years. Powers: monitor the Company's compliance with the laws of Ukraine and regulations governing the Company's financial and economic activities; review reports of internal and external auditors and prepare relevant proposals to the General Meeting; submit proposals to the General Meeting or the Supervisory Board of the Company on any issues within the competence of the Audit Committee of the Company relating to the financial security and stability of the Company and protection of the interests of customers; monitor and review the financial and economic activities of the Company; and
6.1.1. Position: Member of the Audit Committee.
6.1.2. Surname, name, patronymic of an individual or full name of a legal entity: Perkun Vladimir Yakovlevich.
6.1.3. Passport details of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity: Passport SN 776626 issued on 09.04.1998 by the Vatutinsky District Department of the Ministry of Internal Affairs of Ukraine in Kyiv.
6.1.4. Year of birth: 1961**.:
6.1.5. Secondary education**.:
6.1.6. Management experience (years) - 7 years**.:
6.1.7. Name of the company and previous position held**.Member of the Audit Committee of CJSC KVK Rapid from 09.04.2004 to 18.04.2011.
6.1.8. Description.: 7 years of management experience. Previous positions: Member of the Audit Committee of CJSC KVK Rapid from 09.04.2004 to 18.04.2011. Does not hold any other positions at any other company. Amount of remuneration paid in 2011 - no remuneration was paid He did not receive any remuneration in kind. He has no outstanding convictions for mercenary or official crimes. Changes in the personal composition of the official occurred in accordance with the decision of the regular general meeting of shareholders of the Company dated 18 April 2011 (Minutes No. 19) in connection with the decision to bring the Company's activities in line with the requirements of the Law of Ukraine "On Joint Stock Companies", change the number of bodies of the Company, appointed as a member of the Audit Committee of the Company for a term of 3 years. Powers: monitor the Company's compliance with the laws of Ukraine and regulations governing the Company's financial and business activities; review reports of internal and external auditors and prepare relevant proposals to the General Meeting; submit proposals to the General Meeting or the Supervisory Board of the Company on any issues within the competence of the Audit Committee of the Company relating to the financial security and stability of the Company and protection of the interests of customers; monitor and review the financial and business activities of the Company; and
6.1.1. Position: Member of the Audit Committee.
6.1.2. Surname, name, patronymic of an individual or full name of a legal entity: Pyotr Ivanovich Trukhan.
6.1.3. Passport details of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity: Passport ME 329677 issued on 25.09.2003 by the Desnyansky District Department of the Ministry of Internal Affairs of Ukraine in Kyiv.
6.1.4. Year of birth: 1945**.:
6.1.5. Higher education****.:
6.1.6. Management experience (years)- 28 years**.:
6.1.7. Name of the company and previous position held**.Head of the traffic safety service at CJSC KVK Rapid.
6.1.8. Description.: 28 years of managerial experience. Previous positions held: Head of Traffic Safety at CJSC KVK Rapid, Engineer at CJSC KVK Rapid from 15.07.1996 to 14.08.2007. He does not hold any other positions at any other company. Amount of remuneration paid in 2011 - no remuneration was paid. He did not receive any remuneration in kind. He has no unspent convictions for mercenary or official crimes. Changes in the personal composition of the official took place in accordance with the decision of the regular general meeting of shareholders of the Company dated 18 April 2011 (Minutes No. 19) in connection with the decision to bring the Company's activities in line with the requirements of the Law of Ukraine "On Joint Stock Companies", change the number of bodies of the Company, appointed to the position of Chairman of the Audit Committee of the Company for a term of 3 years. Powers: monitor the Company's compliance with the laws of Ukraine and regulations governing the Company's financial and economic activities; review reports of internal and external auditors and prepare relevant proposals to the General Meeting; submit proposals to the General Meeting or the Supervisory Board of the Company on any issues within the competence of the Audit Committee of the Company relating to the financial security and stability of the Company and protection of the interests of customers; monitor and review the financial and economic activities of the Company; and
6.1.1. Position: Chief Accountant.
6.1.2. Surname, name, patronymic of an individual or full name of a legal entity: Shinkaruk Elena Vasilievna.
6.1.3. Passport details of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity:
6.1.4. Year of birth: 1952**.:
6.1.5. Education - sir. special **.:
6.1.6. Management experience (years) - 17 years**.:
6.1.7. Name of the company and previous position held **.Chief Accountant.
6.1.8. Description.: 17 years of management experience. Previous positions held: Chief Accountant. He does not hold any other positions at any other company. He has not received any remuneration in kind. He has no unspent convictions for mercenary or official crimes. Changes in the personal composition of the official occurred in connection with his appointment to the position of Chief Accountant of the Company, he was appointed to the position of Chief Accountant of the Company for a period of 3 years. No consent to disclose passport data was given. Powers and duties: The Chief Accountant organises the accounting and financial activities of the Company, ensures the preparation of financial statements, exercises control over the rational and economical use of material and financial resources, and the safety of material assets and fixed assets.
____________
* Indicated if the individual consents to the disclosure of passport data. If the official's consent to the disclosure of passport data is not granted, this shall be indicated in the description.
** To be filled in for individuals.
6.2. Information on ownership of the issuer's shares by the issuer's officials
| Position. |
Surname, name, patronymic of an individual or full name of a legal entity |
Passport data of an individual (series, number, date of issue, issuing authority)* or identification code of a legal entity
identification code of a legal entity |
Date of entry into the register |
Number of shares (shares) |
Of the total number of shares (in per cent) |
Number by type of share |
| simple nominal |
ordinary bearer shares |
privileged
privileged nominal |
privileged
bearer privileges |
| 1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
| General Director 84,372 |
Hrynenko Volodymyr Ivanovych |
Passport CO 628586 issued on 27.03.2001 by the Pechersk District Department of the Ministry of Internal Affairs of Ukraine in Kyiv |
|
42388 |
84,7760 |
42388 |
0 |
0 |
0 |
| Chairman of the Supervisory Board |
Maria Ivanovna Mitchenko |
Passport CH 780797 issued on 10.02.1998 by Brovary City Department of the Ministry of Internal Affairs of Ukraine in Kyiv region. |
_ |
5 |
0,010 |
100 |
0 |
0 |
0 |
| Member of the Supervisory Board |
Tatyana Petrovna Vasilenko |
Passport SN 243050 issued on 05.07.1996 by Darnytskyi District Department of the Ministry of Internal Affairs of Ukraine in Kyiv |
_ |
5 |
0,010 |
100 |
0 |
0 |
0 |
| Member of the Supervisory Board |
Alexey Kirillovich Manashchenko |
Passport SM 172465 issued on 05.10.1999 by the Boryspil District Police Department of the Main Directorate of the Ministry of Internal Affairs of Ukraine in Kyiv region. |
_ |
6 |
0,012 |
120 |
0 |
0 |
0 |
| Member of the Supervisory Board |
Valery Anatolyevich Oliynyk |
Passport CH 414338 issued on 11.03.1997 by Shevchenkivskyi District Department of the Ministry of Internal Affairs of Ukraine in Kyiv |
_ |
22 |
0,010 |
440 |
0 |
0 |
0 |
| Member of the Supervisory Board |
Anatoly Petrovich Yakovenko |
Passport SN 897415 issued on 08.09.1998 by Darnytskyi District Department of the Ministry of Internal Affairs of Ukraine in Kyiv |
_ |
5 |
0,010 |
100 |
0 |
0 |
0 |
| Chairman of the Audit Committee |
Dyatel Grigory Vasilyevich |
Passport ME 329677 issued on 25.09.2003 by Desnianskyi District Department of the Ministry of Internal Affairs of Ukraine in Kyiv |
_ |
8 |
0,016 |
160 |
0 |
0 |
0 |
| Member of the Audit Committee |
Vladimir Yakovlevich Perkun |
Passport SN 776626 issued on 09.04.1998 by Vatutin, Department of Internal Affairs of the Ministry of Internal Affairs of Ukraine in Kyiv |
_ |
5 |
0,010 |
100 |
0 |
0 |
0 |
| Member of the Audit Committee |
Petro Ivanovych Trukhan |
Passport CO 531425 issued on 23.01.2003 by the Department of Internal Affairs of the Ministry of Internal Affairs of Ukraine in Kyiv. Kyiv |
_ |
5 |
0,010 |
100 |
0 |
0 |
0 |
| Chief Accountant |
Olena Shynkaruk |
Passport CH 885400 issued on 10.09.1998 by the Podilskyi District Department of the Ministry of Internal Affairs of Ukraine in Kyiv |
_ |
0 |
_ |
_ |
0 |
0 |
0 |
| In total |
42459 |
|
849180 |
0 |
0 |
0 |
____________
* Indicated if the individual has given his/her consent to disclose passport data.
- Information on persons holding 10 per cent or more of the issuer's shares
____________
* Indicated: "Individual" if the individual has not given consent to disclose his/her surname, name, patronymic.
** Not required.
- Information about the General Meeting of Shareholders
| Type of general meeting*. |
duty |
extraordinary |
| Х |
|
| Date of the event |
18 April 2011 |
| The quorum of the meeting**. |
87,13% |
| Description. |
List of issues discussed at the general meeting: Election and approval of the members of the counting commission to work at the meeting; Approval of the Management Board's report on the results of the Company's financial and economic activities in 2010 and the main areas of activity for 2011; Approval of the report of the Company's Board for 2010; Approval of the report and conclusions of the Company's Audit Committee for 2010; Approval of the annual report (financial statements) of the Company for 2010; On the distribution of the company's profit for 2010; On determining the type of the Company in accordance with the requirements of the Law of Ukraine "On Joint Stock Companies" and making a decision to change the name of the Company; On amending the Charter of the Company, approving its new version in connection with bringing the Company's activities in line with the requirements of the Law of Ukraine "On Joint Stock Companies"; On bringing the internal documents of the Company in line with the requirements of the Law of Ukraine "On Joint Stock Companies" (regulations on the General Meeting, Supervisory Board, Executive Body, Audit Committee, and
No proposals were submitted on the list of agenda items. Results of consideration of the agenda items: elected and approved the counting commission; approved the report of the Management Board on the results of the Company's financial and economic activities for 2010 and determination of the main areas of activity for 2011; approved the report of the Company's Board for 2010; approved the report and conclusions of the Audit Commission of the Company for 2010; approved the annual report (financial statements) of the Company for 2010; approved the distribution of profits for 2010; decided to accrue dividends for 2010 in the amount of UAH 2 per share and the procedure for their payment Approved the Company's internal regulations. Decided on the early termination of powers of the Company's General Director, the Chairman and members of the Company's Board, and the Chairman and members of the Audit Committee. Elected the CEO, the Chairman and members of the Supervisory Board, the Chairman and members of the Audit Committee. Resolved to give permission to enter into significant transactions where the value of the property constituting this transaction exceeds 25 per cent of the value of assets according to the financial statements; authorised the CEO to enter into and sign the necessary contracts, agreements, contracts; instructed the Supervisory Board to preliminarily review and issue its conclusions to the General Meeting on the execution of significant transactions of the Company. |
|
|
|
|
____________
* Put an "X" in the appropriate box.
** As a percentage of the total number of votes.
- Information on dividends
- Information on persons whose services are used by the issuer
| Full name of the legal entity or surname, name and patronymic of the individual |
Individual entrepreneur - auditor - Shaidabekov Midetbeg Magomedovich. |
| Organisational and legal form |
Individual entrepreneur |
| Identification code according to the USREOU |
2280014251 |
| Location. |
04074, м. Kyiv, 2 Agregatna str. |
| Number of the licence or other document for this type of activity |
Certificate No. 1969, certificate A No. 001583 |
| Name of the state body that issued the licence or other document |
The Audit Chamber of Ukraine
|
| Date of issue of the licence or other document |
23.02.2001р. |
| Long distance code and telephone number |
(044)4303169 |
| Fax |
(044)4303169 |
| Type of activity |
Accounting and auditing activities |
| Description. |
Individual entrepreneur - auditor - Shaidabekov Midetbeg Magomedovich.
Identification code - 2280014251.
Certificate of inclusion in the Register of Audit Entities No. 1969 dated 23.02.2001. By the decision of the ACU No. 228/4 dated 24.02.2011 the validity of the Certificate was extended until 24.02.2016.
Legal address of the Audit Company of the entrepreneur-auditor: 96, Agregatna St., 2, bldg. 96, 04074, Kyiv, Ukraine. Auditor's Certificate No. 001583 series A dated 25.06.1998, valid until 30.06.2013. |
- Information on the issuer's securities
11.1. Information on share issues
11.2. Information on the issuer's bonds (for each outstanding bond issue)
11.2.1. Interest-bearing bonds
11.2.2. Discount bonds
11.2.3 Targeted (interest-free) bonds
11.3. Information on other securities
11.3.1. Information on other securities issued by the issuer (the issue of which is subject to registration) (except for mortgage bonds, mortgage certificates, certificates of the CFF)
11.3.2. Information on derivative securities
11.4. Information on the repurchase of treasury shares during the reporting period*
No treasury shares were repurchased during the reporting period.
____________
* The information is provided separately for each fact of repurchase of own shares by the issuer.
11.5. Information on issued securities certificates
- Business description
ВSignificant development events (including mergers, divisions, acquisitions, transformations, spin-offs): The Company was registered by Darnytsia District State Administration in Kyiv, state registration certificate number and date of issue - Series A01 No. 345785 dated 05.04.1994, (amended on 26.04.2011) 10651050007000624
. In 2011, the name of the company was changed in order to bring the activities of CJSC Kyiv Production Company Rapid in line with the requirements of the Law of Ukraine "On Joint Stock Companies" to Public Joint Stock Company Kyiv Production Company Rapid. Public Joint Stock Company Kyiv Production Company Rapid is the full legal successor of the rights and obligations of Closed Joint Stock Company Kyiv Production Company Rapid.
On the organisational structure of the issuer, subsidiaries, branches, representative offices and other separate structural units, including name and location, role and development prospects, changes in the organisational structure in accordance with the previous reporting period:
PJSC "MC "Rapid" has no structural subdivisions, subsidiaries, branches and representative offices.
Any reorganisation proposals by third parties that took place during the reporting period, the terms and results of such proposals: No third-party reorganisation proposals were received during the reporting period.
Description of the selected accounting policy (depreciation method, inventory valuation method, method of accounting and valuation of financial investments, etc:) In 2011, the Company used the journal-entry form of accounting in accordance with the Law of Ukraine "On Accounting and Financial Reporting in Ukraine" No. 996-XIV dated 16.07.1999 and the approved national accounting regulations (standards). The accounting policies have been consistently applied during the reporting year. Taxes are provided for in accordance with the Ukrainian statutory tax regulations. Depreciation for vehicles is calculated using the accelerated decline in residual value, and for all other items the straight-line method.
Тextras of the audit opinion:
1. Basic information about the auditor.
Individual entrepreneur - auditor - Shaidabekov Midetbeg Magomedovich.
Identification code - 2280014251.
Certificate of inclusion in the Register of Audit Entities No. 1969 dated 23.02.2001. By the decision of the ACU No. 228/4 dated 24.02.2011 the validity of the Certificate was extended until 24.02.2016.
Legal address of the Audit Company of the entrepreneur-auditor:
04074 м. Kyiv, 2 Agregatna St., bldg. 96. E-mail: 2600300430279
MFO 321983, PJSC CB Pravex-Bank, tel. (044) 430-31-69.
Auditor's certificate No. 001583 series A dated 25.06.1998, valid until 30.06.2013.
Location of the audit - 7, Zroshuvalna St., Kyiv, 02099.
Date of issuance of the conclusion - 29.02.2012.
2. Basic information about the terms of the contract and the audit.
Date and number of the audit agreement.
The basis for the audit is the agreement No. 19-12 dated 15.02.2012 between PJSC Kyiv Production Company Rapid and the auditor Shaidabekov Midetbeg Magomedovich.
Start and end date of the audit.
The audit started on 15.02.2012.
The end of the audit is 29.02.2012.
The basis for the audit. The auditor's report was prepared in accordance with the requirements of the Laws of Ukraine "On Securities and Stock Market", "On Joint Stock Companies", "On State Regulation of the Securities Market in Ukraine", "On Auditing", national and international auditing standards, in particular, Auditing Standard No. 26.
The scope of the audit The audit of the financial statements of PJSC "Kyiv Production Company "Rapid" covered the period of financial activity from 01.01.2011 to 31.12.2011.
Issues raised for resolution by the audit.
- To check the state of accounting, financial and economic activities of PJSC "Kyiv Production Company "Rapid" for compliance with the current legislation and regulations for the period from 01.01.2011 to 31.12.2011.
- Check the accounting of the use of funds and the correctness of accounting for financial results.
- To analyse the financial position of PJSC Kyiv Production Company Rapid.
- To confirm the accuracy of the balance sheet and financial statements as at 31 December 2011.
The scope of the audit is determined in accordance with the Decision of the SEC No. 1528 dated 19.12.2006, approved by the Ministry of Justice of Ukraine on 23.01.2007, registration No. 53/13320. provisions on the preparation of audit reports submitted to the SEC when disclosing information by the issuer and professional stock market participants in accordance with Art. 7, para. 13 Art. 8 of the Law of Ukraine (448/96-ВР), Article 40 of the Law of Ukraine "On Securities and Stock Market" (3480-15), the Law of Ukraine "On Auditing" (3125-12), "On Non-State Pension Provision" (1057-15), "On Joint Stock Companies" (№ 514-U1), International Standards on Auditing, Assurance and Ethics, Decision of the ACU dated 18.04.2003 No. 122/2 (U22-2230-03) "On the Procedure for the Application of the Standards of the State Commission on Securities and Stock Market of 26.05.2006 No. 0890-06"), the Auditor's Report is submitted to the Commission in accordance with the requirements of International Standards on Auditing (700,701,720), Assurance and Ethics of the International Federation of Accountants, and the legislation of Ukraine.
The documents are presented for audit control.
They were subject to a random audit:
- primary documents and accounting registers for banking transactions and cash;
- primary documents and accounting registers on the movement and accounting of securities of PJSC "Kyiv Production Company "Rapid" and settlements, buyers and suppliers, and reporting persons;
- primary documents and accounting registers for keeping records of the movement of inventory;
- primary documents and accounting registers for keeping records of the movement of fixed assets, intangible assets, as well as depreciation accrued on them,
- primary documents and accounting registers for keeping records of financial results and use of funds and reserves of the enterprise;
- the company's financial statements.
Using the principle of spot checking, only material
errors in the company's activities were taken into account.
The persons responsible for the maintenance and results of accounting and tax accounting are:
General Director Vladimir Ivanovich Grinenko
Chief Accountant Shynkaruk O.V.
The auditor believes that sufficient information was collected during the audit to provide a basis for the audit opinion.
The audit contractor is not liable for debts and calculations Customer.
- Basic information about PJSC "Kyiv Production Company "Rapid"
Name of the issuer - Public Joint Stock Company Kyivska
Production Company "Rapid"
EDRPOU code – 05475156
Territory code by KOATS– 8036300000
Organisational and legal form of the issuer - Joint Stock Company
No. of the state registration certificate and
date of issue of the certificate Series A01 No. 345785 dated 05.04.1994, (date
of amendments 26.04.2011) 10651050007000624
Authority that issued the certificate - Darnytskyi district in Kyiv state
administration
Legal address and location 7, Zroshuvalna St., Kyiv, 02099
Tel./fax (044) 566-20-97 / (044) 566-15-80
MFIs / S / A 339339 / 260000942501
Name of the bank - PJSC "Converse Bank"
Main activities - 60.24.0 - Road transport
Number of shareholders –
204
Number of employees -
317
Share capital (UAH) – 1000000,00
Nominal value of an ordinary share (UAH) - 20,00
Number of ordinary shares - 50,000 pcs.
Share of ordinary shares in the share capital (%) – 100,00
Date of the last shareholders' meeting - 18 April 2011 (quorum - 87.13%).
Founders. PJSC "Kyiv Production Company "Rapid" is a member of the labour collective.
Shareholders The owners of the company are 204 persons who own 100% shares (50,000 shares for the amount of UAH 100,000.00).
Information on persons holding at least 10% shares as at 31.12.2011.
- Grinenko Volodymyr Ivanovych - 42388 pcs. for the amount of UAH 847760.00 - 84.7760%.
Depository: Private Joint-Stock Company "Ukrainian Securities Depository", location: 7-G, Tropinina St., Kyiv, 04107, licence number AB 498004 dated 19.11.2009, USREOU code 35917889.
Custodian: Public Joint Stock Company "Joint Stock Commercial Bank "KYIV", location: 16-22, Bohdana Khmelnytskoho Str., Kyiv, 01030, licence number AB 399097 dated 17.08.2010, EDRPOU code 14371869.
The authority that issued the certificate of registration of the securities issue –
Territorial Department of the State Commission on Securities and Stock Market in Kyiv and Kyiv Region No. 624/10/1/10 dated 24.06.2011.
During the reporting period, the following special information was disclosed: 18.04.2011 - Change of the issuer's officers. There was no other special information. Dividends accrued for 2010 were paid in the reporting period. There were no changes in the share capital.
The shares were sold for individuals' own money. The register of holders of registered securities is maintained in accordance with the requirements of the applicable law. Analytical accounting for account 40 "Share capital" is maintained on the basis of the register of registered securities holders.
The audit was conducted in accordance with the requirements for the auditor's report to be submitted to the State Commission on Securities and Stock Market upon registration and issue of securities, as well as when submitting regular information by open joint stock companies, approved by the decision of the SEC No. 5 dated 25.01.2001 and the methodological recommendations for preparing the auditor's report when auditing PJSCs, approved by the decision of the SEC No. 56 dated 11.03.2001 and the protocol of the Presidential Administration No. 99 dated 23.02.2001.
According to the Certificate AA No. 236267 of the State Statistics Committee of Ukraine, PJSC "Kyiv Production Company "Rapid" carries out the following types of activities (KVED);
- 24.0 Road freight transport activities.
- 10.2 Retail trade in motor vehicles.
- 20.0 Maintenance and repair of vehicles.
- 30.2 Café activities.
- 12.0 Warehousing.
- 40.0 Arrangement of cargo transportation.
- 20.0 Leasing of own real estate.
PJSC "Kyiv Production Company "Rapid" is a general income tax payer. VAT payer certificate No. 100337940, individual tax number 054751526513.
4.General part
4.1 State of accounting and reporting
Accounting at PJSC "Kyiv Production Company "Rapid" is generally carried out in accordance with the laws and regulations governing business activities in Ukraine.
Primary documents for accounting for financial and economic activities are prepared on standard forms approved by the Ministry of Statistics of Ukraine. Business transactions in the primary documents are recorded in accordance with the regulations on documents and document flow in accounting approved by the Ministry of Finance of Ukraine. Business transactions in the accounting records of PJSC "Kyiv Production Company "Rapid" are recorded in accordance with the requirements of the Law of Ukraine "On Accounting and Financial Reporting in Ukraine", No. 996-XIV of 16.07.99, as amended.
The responsibility for the opening balances in the Balance Sheet of the enterprise, on the basis of which the audit is carried out, lies with the management of PJSC "Kyiv Production Company "Rapid"
The financial statements of PJSC "Kyiv Production Company "Rapid" are prepared in a timely manner and submitted to the relevant state authorities in accordance with the requirements of the current legislation, and are consistent with the accounting data and separate forms.
The audit has established that the company's financial statements are prepared in accordance with the requirements of Accounting Regulation (Standard) No. 1 "General Requirements for Financial Reporting"
4.2. Accounting for property, plant and equipment, intangible assets and their depreciation.
The cost of property, plant and equipment on the balance sheet as at 31 December 2011 was UAH 84111 thousand. Analytical and synthetic accounting of property, plant and equipment is maintained in accordance with the requirements of the applicable legislation, using journal entries in account 10 "Property, plant and equipment".
The analytical accounting data coincide with the synthetic accounting data and the General Ledger.
No irregularities were identified in the accounting for fixed assets.
The accrued depreciation for 2011 amounted to UAH 6,070 thousand, and the residual value of property, plant and equipment as at 31 December 2011 was UAH 2,401 thousand.
Property, plant and equipment are accounted for in accordance with Accounting Regulation (Standard) 7 "Property, Plant and Equipment" approved by the Order of the Ministry of Finance of Ukraine dated 27 April 2000 N 92.
4.3. Accounting for inventory.
Inventories are accounted for on the active balance sheet accounts 20 "Production stocks", 22 "Low-value and perishable items", 28 "Goods".
Inventories are valued based on the source documents, at the prices and in the quantity specified in them. The audit did not reveal any irregularities in the accounting of inventory movements.
4.4. Accounting for production and distribution costs
Accounting for and formation of the company's expenses is carried out in accordance with Accounting Regulation (Standard) 16 "Expenses", approved by Order of the Ministry of Finance of Ukraine No. 318 dated 31 December 1999, as amended by Order of the Ministry of Finance of Ukraine No. 131 dated 14 June 2000.
4.5. Accounting of funds and settlements.
The audit established that the company's cash transactions are carried out in accordance with the requirements of the "Procedure for conducting cash transactions in the national economy of Ukraine", approved by Resolution of the Cabinet of Ministers of Ukraine No. 21 dated 02.02.1995. The audit did not reveal any violations of the cash limit. Cash transactions are accounted for on the basis of primary cash documents.
Transactions on the current account are carried out in compliance with the requirements of the "Instruction on non-cash settlement accounts in the economic turnover of Ukraine" approved by the Resolution of the Verkhovna Rada of Ukraine dated 02.08.1996.
Accounts receivable as at 31.12.2011 amounted to UAH 13650 thousand, including: for goods and services rendered - UAH 8671 thousand, with the budget - UAH 4193 thousand, other - UAH 786 thousand. Accounts payable as at 31.12.2011 amounted to UAH 8782 thousand, including: current debt on long-term liabilities - UAH 1151 thousand, for goods, works and services - UAH 4467 thousand, with the budget - UAH 118 thousand, off-budget payments - UAH 45 thousand, insurance - UAH 492 thousand, labour remuneration - UAH 938 thousand, with participants - UAH 34 thousand, other - UAH 1537 thousand.
Accounts receivable are accounted for in accordance with Accounting Regulation (Standard) 10 "Accounts Receivable" approved by the Order of the Ministry of Finance of Ukraine dated 8 October 1999. N 237.
The Company accrues and pays salaries in accordance with the Labour Code of Ukraine, the Law of Ukraine "On Remuneration of Labour" and other additional regulatory and legislative documents. The Company uses hourly and piecework remuneration systems. Payroll is carried out in payroll sheets by the Labour and Payroll Department.
The audit found no violations of payroll accounting and payment.
Accounting for settlements with reportable persons is carried out According to the perвother documents. The audit revealed no violations of accounting for settlements with reporting persons.
4.6. Authorised capital.
The share capital of the Company is UAH 1000000.00 (one million hryvnias 00 kopecks) and is divided into 50,000 (fifty thousand) ordinary registered shares with a nominal value of UAH 20.00 (twenty hryvnias 00 kopecks) each, issued in non-documentary form of existence, which are distributed among the shareholders. As at 31.12.2011, the authorised share capital was paid up in the amount of Tk 100,001.
Additional paid-in capital as at 31.12.2011 amounted to UAH 822 thousand.
4.7. Accounting for sales and financial results and fund formation.
Revenues from sales are accounted for in account 70 "Revenues from sales" by sub-accounts in accordance with the applicable law. The audit did not reveal any violations in this regard. The financial result of the Company's activities is recorded in account 79 "Financial results".
Revenue is accounted for in accordance with Accounting Regulation (Standard) 15 "Revenue" approved by Order of the Ministry of Finance of Ukraine dated 29 November 1999 N 290.
After payment of all mandatory payments in accordance with the applicable laws, the profit is used to create a reserve fund. The remaining part is used to pay for expenses financed from the profit remaining at the disposal of the company. The audit did not reveal any violations in this regard.
Retained earnings as at 31 December 2011 amounted to UAH 21971 thousand.
Key indicators of financial and economic activity (UAH thousand)
Name of the indicator Period
as at 31.12.2010 as at 31.12.2011
Net income (revenue) from sales of products - 77326 97785
Cost of goods sold
(goods, works, services) (UAH thousand) - 71506 86403
Net profit (loss) (UAH thousand) - 1339 3032
Non-current assets (UAH thousand) - 17732 24097
Current assets (thousand UAH) - 9773 15635
Long-term liabilities 311 7369
Current liabilities (UAH thousand) - 6570 8782
Average annual number of ordinary shares (thousand) - 50000 50000
Net income (loss) per ordinary share - 26.78 60.64
Corporate governance audit
The audit has established that the management of PJSC "Kyiv Production Company Rapid" generally observes the rights of shareholders to freely dispose of their shares. The shareholders received information about the company's activities in a timely manner and in a sufficient amount. The rights of shareholders who own a small number of shares are not neglected.
Notes and summary of net assets
Notes.
The estimated value of net assets for the reporting period is UAH 24043 thousand.
The existing amount of the share capital is UAH 1000 thousand.
The estimated net asset value of a joint stock company is greater than the share capital.
Conclusion In order to bring the share capital in line with the amount of net assets, which was developed in accordance with part 3 of Article 155 of the Civil Code of Ukraine and the Law of Ukraine "On Business Associations", the share capital of the company is not subject to adjustment.
Conclusion
The audit found that the information provided gives a true and complete picture of the company's assets and liabilities.
The auditor confirms that the financial statements in all material respects give a true and complete view of the financial information of the company as at 31.12.2011 in accordance with the regulatory requirements for the organisation of accounting and reporting in Ukraine and confirms the balance sheet balances as at 31.12.2011 and the results presented in the 2011 Income Statement. The accounting records of PJSC "Kyiv Production Company "Rapid" are generally maintained in accordance with the current legislation of Ukraine. The accounting policy of PJSC "Kyiv Production Company "Rapid" has not been changed during the reporting period. The company submits reports in accordance with the UAS under Nos. 2-5 of the financial statements of a business entity.
Auditor (Certificate A No. 001583), Certificate of the Audit Chamber of Ukraine No. 1969, Shaidabekov M.M.
Information on the main types of products or services produced or provided by the issuer, prospects for the production of certain goods, performance of works and provision of services; dependence on seasonal changes; main markets and main customers; main risks in the issuer's activities, measures taken by the issuer to mitigate risks, protect its activities and expand production and sales markets; sales channels and sales methods used by the issuer; sources of raw materials, their availability and price dynamics; information on the peculiarities of the state of development of the production industry
The Issuer's principal activities are road freight transport; retail trade in cars; maintenance and repair of cars; operation of cafes, warehousing, organisation of cargo transportation, leasing of own real estate.
Іinformationя major acquisitions or disposals of assets in the last five years. If the company plans any significant investments or acquisitions related to its business activities, they should be described, including the material terms of the acquisition or investment, its cost and method of financing:
There were no significant acquisitions or disposals of property, plant and equipment during the reporting period. There have been no significant acquisitions over the past five years.
Information on the issuer's fixed assets, including leased assets and any significant transactions of the issuer with respect to them; production capacity and the degree of utilisation of equipment; the method of maintaining assets, the location of fixed assets. In addition, it is necessary to describe environmental issues that may affect the use of the company's assets, information on plans for capital construction, expansion or improvement of fixed assets, the nature and reasons for such plans, the amount of expenditures, including those already made, a description of the method of financing, the estimated start and end dates of the activity and the expected growth of production capacity after its completion:
The location of fixed assets is at the issuer's address. The company does not lease its property, plant and equipment. The terms and conditions of use (maintenance) of fixed assets comply with the technical conditions of each item of property, plant and equipment, and appropriate overhauls and repairs are carried out. The cost of property, plant and equipment on the balance sheet as at 31 December 2011 was UAH 84111 thousand. Analytical and synthetic accounting of property, plant and equipment is maintained in accordance with the requirements of the applicable legislation, using journal entries in account 10 "Property, plant and equipment".
The analytical accounting data coincide with the synthetic accounting data and the General Ledger. The accrued depreciation for 2011 amounted to UAH 6,070 thousand, and the residual value of property, plant and equipment as at 31 December 2011 was UAH 2,401 thousand.
Іinformationя problems affecting the issuer's operations; the degree of dependence on legislative or economic restrictions:
Key issues affecting the company's operations: 1. Instability of the current tax legislation; 2. General economic crisis; 3. Increase in fuel prices. Another important factor is: - inflationary processes in the economy, - insolvency of customers due to the general economic downturn.
Іinformationя on the facts of payment of penalties (fines, penalties, forfeit) and compensation for violations of the law:
During the reporting year, the Company did not pay any fines and penalties.
Description of the chosen policy for financing the issuer's activities, sufficiency of working capital for current needs, possible ways to improve liquidity, according to the issuer's specialists:
The company is self-supporting, financing all expenses at its own expense. There are no investment obligations from other entities. The financial stability of the company is characterised by the following indicators:
Absolute liquidity ratio, which reached the value of 0.12 as of 31.12.2011, which is low, and increased by 0.02 in comparison with the previous period due to the increase in accounts payable.
The total liquidity ratio as at 31.12.2011 was 1.78, which is high, and increased by 0.29 compared to 31.12.2010, also due to the increase in accounts payable.
The coefficient of autonomy, which shows the degree of dependence of the enterprise on external sources of financing, is 0,60 as of 31.12.2011, as it is seen from the analytical table the value of the specified indicator is not high. The enterprise has not high degree of autonomy.
As of 31.12.2011 the capital structure ratio is 0.94, which is not high. Compared to 31.12.2010 it has increased by 0,07 that characterises positive changes in the enterprise activity.
Return on assets as of 31.12.2011 is 0,03.
The return on equity as at 31.12.2011 is 3.03. 3,03.
Іinformationя the value of contracts (agreements) concluded but not yet executed at the end of the reporting period (total) and the expected profit from the execution of these contracts:
As at the end of the reporting period, there were no contracts concluded but not yet executed.
Strategy of the issuer's further activities for at least one year (in terms of production expansion, reconstruction, improvement of the financial condition, description of significant factors that may affect the issuer's activities in the future):
The Company pays great attention to the development of its enterprise and the financial rehabilitation of its future activities.
Оdescribe the issuer's policy on research and development, indicate the amount of research and development expenses for the reporting year:
During the reporting period, the Company did not conduct any research and development activities.
Information on court cases in which the issuer, its subsidiaries or its officials are parties (date of initiation of proceedings, parties, content and amount of claims, name of the court in which the case is being considered, current status of the proceedings). In the absence of court cases, this shall be stated:
There are no court cases in which the issuer is a party.
Other information that may be material for the investor's assessment of the issuer's financial condition and performance, including, if available, information on the results and analysis of the issuer's business for the last three years in the form of an analytical report in any form:
Events that provide additional information about circumstances existing at the balance sheet date: - no debtors whose debts were previously recognised as doubtful have been declared bankrupt; - no revaluation of assets after the balance sheet date; - no sale of inventories that would indicate that the estimate of net realisable value at the balance sheet date is unreasonable; - no errors that would lead to misstatement of the financial statements were identified. Events that occurred after the balance sheet date: - no decisions were made to discontinue operations that constitute a significant part of the company's core business; - no assets were destroyed in the post-balance sheet period; - no contracts were entered into for significant capital and financial investments; - no legislative acts were adopted that would significantly affect the company's operations. There is no other information that may be material for the investor's assessment of the financial position and performance of the issuer.
- Information on the property status and financial and economic activities of the issuer
13.1 Information on the issuer's fixed assets (at residual value)
| Name of property, plant and equipment |
Own property, plant and equipment (UAH thousand) |
Leased property, plant and equipment (in thousands) |
Property, plant and equipment, total (UAH thousand) |
| at the beginning of the period |
at the end of the period |
at the beginning of the period |
at the end of the period |
at the beginning of the period |
at the end of the period |
| 1. Industrial purpose: |
|
|
|
|
|
|
| buildings and structures |
8187 |
8154 |
|
|
8187 |
8154 |
| machinery and equipment |
2101 |
2164 |
|
|
2101 |
2164 |
| vehicles |
6848 |
13413 |
|
|
6848 |
13413 |
| others |
68 |
226 |
|
|
68 |
226 |
| 2. 2. Non-production purposes: |
|
|
|
|
|
|
| buildings and structures |
43 |
42 |
|
|
43 |
42 |
| machinery and equipment |
14 |
13 |
|
|
14 |
13 |
| vehicles |
11 |
10 |
|
|
11 |
10 |
| others |
20 |
19 |
|
|
20 |
19 |
| In total |
17292 |
24041 |
|
|
17292 |
24041 |
| Description. |
The cost of property, plant and equipment on the balance sheet as at 31 December 2011 was UAH 84111 thousand. Analytical and synthetic accounting of property, plant and equipment is carried out in accordance with the requirements of the applicable laws, using journal entries in account 10 "Property, plant and equipment". Accrued depreciation for 2011 amounted to UAH 6,070 thousand, the net book value of property, plant and equipment as at 31.12.2011 was UAH 2,4041 thousand. |
13.2. Information on the value of the issuer's net assets
| Name of the indicator |
For the reporting period |
For the previous period |
| Estimated net asset value (UAH thousand) |
24 042 |
20 994 |
| Share capital (thousand UAH) |
1 000 |
1 000 |
| Adjusted share capital (UAH thousand) |
1 000 |
1 000 |
| Description. |
The methodology used to calculate the value of the issuer's net assets for the previous and reporting periods in accordance with the "Methodological Recommendations for Determining the Value of Net Assets of Joint Stock Companies" approved by the State Commission on Securities and Stock Market dated 17.11.2004 No. 485 (as amended by changes in the financial statements). The difference between the estimated value of net assets and the share capital at the end of the reporting period (31 December 2011) is UAH 23,042 thousand. The difference between the estimated net assets and the adjusted share capital at the end of the reporting period (31.12.2011) is UAH 23,042 thousand. The difference between the estimated net assets and share capital at the end of the previous reporting period (31 December 2010) amounted to UAH 19,994 thousand. The difference between the estimated net assets and the adjusted share capital at the end of the previous reporting period (31.12.2010) is UAH 19,994 thousand. |
| Conclusion |
The estimated value of net assets (UAH 24,042 thousand as at 31 December 2011 and UAH 20,994 thousand as at 31 December 2010) exceeds the adjusted share capital (UAH 1,000 thousand), which is in line with the requirements of Article 155(3) of the Civil Code of Ukraine. |
|
|
|
|
13.3 Information on the issuer's liabilities
| Types of liabilities |
Date of occurrence |
Outstanding portion of debt (UAH thousand) |
Interest for the use of funds (per annum) |
Maturity date |
| Bank loans |
Х |
0 |
Х |
Х |
| including: |
|
| |
|
|
|
|
| Liabilities on securities |
Х |
0 |
Х |
Х |
| including: |
|
| on bonds (for each own issue): |
Х |
0 |
Х |
Х |
| |
|
|
|
|
| mortgage-backed securities (for each own issue): |
Х |
0 |
Х |
Х |
| |
|
|
|
|
| under the certificates of the NDF (for each of its own issues): |
Х |
0 |
Х |
Х |
| |
|
|
|
|
| on promissory notes (total) |
Х |
0 |
Х |
Х |
| |
|
|
|
|
| other securities (including derivative securities) (by type): |
Х |
0 |
Х |
Х |
| |
|
|
|
|
| financial investments in corporate rights (by type): |
Х |
0 |
Х |
Х |
| |
|
|
Х |
|
| Tax liabilities |
Х |
118 |
Х |
Х |
| Financial assistance on a repayable basis |
Х |
|
Х |
Х |
| Other liabilities |
Х |
16 033 |
Х |
Х |
| Total liabilities |
Х |
16 151 |
Х |
Х |
| Description. |
In total, the company is obliged to`liabilities as at 31.12.2011 amounted to UAH 16 151 thousand, including: current debt on long-term liabilities - UAH 1151 thousand, for goods, works, services - UAH 4467 thousand, with the budget - UAH 118 thousand, extra-budgetary payments - UAH 45 thousand, insurance - UAH 492 thousand, labour remuneration - UAH 938 thousand, with participants - UAH 34 thousand, other - UAH 1537 thousand, other long-term liabilities`liabilities - UAH 7,369 thousand.
|
13.4 Information on production and sales volumes of the main types of products
There is no information on the volume of production and sales of the main types of products, since the Issuer is not engaged in activities classified as processing, mining or production and distribution of electricity, gas and water according to the Classifier of Economic Activities.
____________
* The main types of products that account for more than 5 % of the total volume of output in monetary terms are indicated.
** Physical unit of measurement (specify) - pieces, tonnes, kilograms, metres, etc.
13.5. Information on the cost of goods sold
| N
s/n |
Composition of expenses*. |
Percentage of total cost of goods sold (in per cent) |
| 1 |
2 |
3 |
| |
|
|
Information on the cost of sales is not available, as the Issuer is not engaged in activities classified as processing, mining or production and distribution of electricity, gas and water according to the Classifier of Economic Activities.
____________
* Indicates expenses that account for more than 5 % of the cost of sales.
- Information on third party guarantees for each issue of debt securities
| Date of issue registration |
Number of the issue registration certificate |
Name of the guarantor |
Identification code of the guarantor according to the USREOU |
Location of the guarantor |
| 1 |
2 |
3 |
4 |
5 |
| 0 |
0 |
0 |
0 |
0 |
| Description. |
The Company has not issued any debt securities. There is no information on third-party guarantees for debt securities. |
- Information on special information and information on mortgage-backed securities arising during the period
