OREANDA-NEWS. On 6 February 2008 was announced, that upon the results of independent evaluation of assets of the company conducted for OJSC Chelyabinskgorgaz (a division of GAZEKS Holding Company (part of IES)) the assets were reevaluated and their net worth value increases by 3,5 times as of January, 2008. In this respect the net worth tax amount which the company pays to the regional budget although increases. Finally the Chelyabinsk Region will rise additional 11 million roubles from Chelyabinskgorgaz.

According to the managing director of Chelyabinskgorgaz Andrey Lekanov the reevaluation was needed to identify fair market value of company's assets in accordance with Russian Accounting Standards (RAS) and International Accounting Standards (IAS) which are being introduced at the company now. "Upon the results of independent evaluation of assets the company's asset value increased by 3,5 times including gas pipelines value increased by 4,2 times. The reevaluation provides significant benefits first of all to the regional budget, which will obtain additionally 11 million rubles starting from 2008." - Lekanov noted.