Terms and Abbreviations

Average Headcount — an overall number of employees for each calendar day of a period including holidays (banking holidays) and days‑off divided by the number of calendar days in the period.

Bank of Russia — Central Bank of the Russian Federation.

BAT — best available technologies.

c.u. — conventional units for electric equipment.

CAP — corrective action plans.

CHPP — combined heat and power plant.

CJSC — closed joint stock company.

Commercial Metering of Electricity (Capacity) — the process of measuring the amount of electricity and determining the amount of capacity, as well as collecting, storing, processing, transmitting the results of these measurements and generating, including by calculation, data on the amount of electricity (capacity) produced and consumed for mutual settlements for the supplied electricity and capacity, as well as for services related to the said supplies.

Common‑Pot Tariffs for Electricity Transmission — uniform tariffs for electricity transmission services in the Krasnodar Krai, the Republic of Adygeya and Sirius federal territory for all consumers of electricity transmission services irrespective of which power grid organisation they are connected to, differentiated according to the voltage levels.

Corporate Governance Code of the Bank of Russia — Corporate Governance Code of the Bank of Russia recommended for use by joint stock companies whose securities are admitted to organised trading by the letter of the Bank of Russia dated 10 April 2014 No. 06‑52/2463.

Corporate Year — a period between the election of members of the Board of Directors and the Auditing Commission at the General Meeting of Shareholders and the next annual General Meeting of Shareholders.

CSP — corporate software package.

DBMS — database management system.

Delivery to the Grid — the amount of electric power received in the distribution grid from the delivery points of the Uniform National Power Grid, generation points and other related systems, formed according to the voltage level on the balance responsibility border.

Disturbances (accident) — an unauthorised disconnection of normal power grid operations.

DP — distribution point.

EAEU — Eurasian Economic Union.

EBITDA (Earnings before Interest, Taxes, Depreciation and Amortisation)  — analytical measure reflecting the amount of profit before interest, taxes, depreciation and amortisation. Calculated as follows: profit before tax, interest, depreciation, amortisation and net charge/(reversal of) impairment loss on fixed assets and rights‑of‑use assets.

EDMS — electronic document management system.

Electricity Losses:

  • Actual (Reported) Losses — a difference between the amount of electric power supplied to the power grid from other grids or power producers and the amount of electric power consumed by the power receivers connected to the  grid and transferred to other grid operators
  • Standard Losses — calculated loss values set by authorised federal executive bodies for the aggregated electricity transmission lines and other facilities owned by the  grid operator and differentiated according to the voltage levels; the cost of normal losses of electricity is included in the amount of the payment for the transmission of electricity (tariff)
  • Excessive (Commercial) Losses — a difference between actual and standard electricity losses, paid to the full extent by the operator of the  grid where these excessive losses occurred.

Electricity Metering Device  — a measuring device designed to determine the amount of active and/or reactive electrical energy that passed through it in a certain period of time to the place of consumption of electrical energy.

EMERCOM of Russia — Ministry of the Russian Federation for Civil Defense, Emergencies and Disaster Relief.

EMS — environmental management system.

EnMS — energy management system.

EPSS — emergency power supply sources.

FAS of Russia — Federal Antimonopoly Service.

FEA AIS — domestic automated information system for financial and economic activities.

FEC — fuel & energy complex.

FKPI — functional KPIs.

FOCL — fibre optic communication lines.

FTS of Russia — Federal Tariff Service.

GDP — gross domestic product.

Grid Connection — a technical connection of consumer terminals (power units) of legal and natural entities to the power grids of the company that provides electricity transmission services.

Grid Organisation, Distribution Grid Company — an organisation responsible for transmission and/or distribution of electricity in power grids.

GRO — All‑Russian physical culture and sports complex ‘Ready for Labour and Defence’.

GTP — gas turbine plant.

Guaranteeing Supplier — a commercial organisation obliged to enter in contracts for electricity sale and purchase with any electricity consumer or a person acting on behalf of such consumer willing to buy electricity in accordance with Federal Law No. 35‑FZ on Electrical Power dated 26 March 2003 or voluntarily assumed liabilities.

Guidelines No. 490/22 — guidelines for determining the amount of payment for grid connection approved by Order No. 490/22 of the Federal Antimonopoly Service of Russia dated 30 June 2022.

HPF — hazardous production facilities.

HSMS — health and safety management system.

IDGC — interregional distribution grid company.

IES — integrated energy system.

IFRS — International Financial Reporting Standards.

IMF — International Monetary Fund.

IMS — innovation management system.

INN — taxpayer identification number.

Investment AIS — automated information system for investment activity.

IoT — Internet of things.

IVR — interactive voice response.

JSC — joint stock company.

KKSTRD — State Tariff Regulation Department of the Krasnodar Krai – an executive authority of the Krasnodar Krai in the field of state regulation of tariffs.

KPI — key performance indicators

Law on Joint Stock Companies — Federal Law dated 26 December 1995 No. 208‑FZ ‘On Joint Stock Companies’.

LLC  — limited liability company.

Net Delivery — the amount of electric power transmitted (supplied) via distribution grids to power supply points of consumers and (or) downstream grid operators, which was formed according to the voltage level on the balance responsibility borders. It corresponds with the physical process of electricity transmission via power grids.

OHSMS — occupational health and safety management system.

OJSC — open joint stock company.

Order No. 3579‑r — Order of the Government of the Russian Federation No. 3579‑r dated 28 December 2020.

OTL — overhead transmission line.

Own RGR of the Company — an economically feasible amount of funds necessary for the organisation to perform regulated activities within the reporting period of regulation without the costs of services of TGOs, Rosseti PJSC, and the purchase of electricity to compensate losses.

PAMS — production asset management system.

PGR — power grid regions in the Company’s branches.

PJSC  — public joint stock company.

Power Supply Centre — substation, substation equipment and adjacent distribution grids.

PR — public relations.

PTL — power transmission line.

QMS — quality management system.

R&D — research and development.

RAS — Russian Accounting Standards.

Regional RGR — an economically feasible amount of funds necessary for grid organisations functioning in the Krasnodar Krai and the Republic of Adygeya to perform regulated activities related to power transmission during the reporting period of regulation.

Related Grid Organisation — grid operator that is a legal owner of the power grid facilities connected directly to the power grids of other operators (it relates to).

Report — Annual Report of Rosseti Kuban PJSC for 2024.

RES — renewable energy sources.

RGR — required gross revenue.

RM&ICS — risk management and internal control system.

Rosgidromet — Federal Service for Hydrometeorology and Environmental Monitoring.

Rosstat — Federal State Statistics Service.

Rostechnadzor — Federal Service for Environmental, Technological and Nuclear Supervision.

RSPP — Russian Union of Industrialists and Entrepreneurs.

RUERS — Russian Unified Emergency Rescue Service.

S&A  — subsidiaries and affiliates of the Company or Rosseti PJSC.

SDGs — UN sustainable development goals.

SEMS — smart electricity metering system.

SME — small and medium‑sized enterprises.

SPIEF — St. Petersburg International Economic Forum.

SS — substation.

SSIW (Self‑Supporting Insulated Wire) — electrical wire insulated against external influences and unauthorised connection.

STGO — systemic TGO.

SW — software.

Technical Electricity Metering  — metering to control electricity consumption within power plants, substations, businesses, buildings, flats, etc. Meters used for technical metering are called technical meters.

Technical Losses — losses of electric power in power grid lines and equipment due to the physical processes occurring when transmitting power in accordance with the specifications and operating modes of grids and equipment, taking into consideration the power consumption of substations.

Territorial Grid Organisation — a commercial organisation that owns power grid facilities by right of property or other grounds set forth in federal laws and provides electricity transmission services using those facilities, performs proper grid connection of power recipients (power units) of legal and natural entities to power grids, apart from signing power transmission contracts using the power grid facilities outside the Uniform National (Russian) Power Grid.

TGO — territorial grid organisation.

TP portal — a portal for power grid services of Rosseti Group.

TS — transformer substation.

UES of Russia — Unified Energy System of Russia.

UN — United Nations.

UNPG — Unified National Power Grid (of Russia).

USA — United States of America.

VAT — value added tax.

VHI — voluntary health insurance.

Volume of Services Rendered — the amount of electric power transmitted via the power grid facilities owned by the grid company on any grounds compliant with the laws of the Russian Federation.

VR — virtual reality.