OREANDA-NEWS. December 6, 2007. The cost of net assets of the Inter-regional Distribution Grid Company of the Center (JSC IDGC of the Center)  since the beginning of the year has increased by 756 million rubles, thus growth for the last quarter equaled 110 million rubles, the company's press center reported. The reason of this fact is active construction of power facilities performed by the company from the beginning of 2007, especially in the second half of the year. Growth of net assets is a positive factor and is the evidence of increase in financial stability and growth of the cost of the company.

In relation to the beginning of the year, the balance-sheet total has increased by 7.56 % and has equaled 47.9 billion rubles, including increase in the noncurrent assets equal to 4.06 % (1.6 billion), increase in the capital and reserves equal to 2.02 % (0.8 billion), increase in the long-term liabilities equal to 36.66 % (1.05 billion), increase in the short-term liabilities equal to 36.77 (1.56 billion).

The sum of circulating assets has increased by 33.42 % by the beginning of the year. The basic growth occurred due to increase by 1.31 billion rubles in short-term debt receivable. It is the most liquid, thus it does not weight the structure of the balance and does not contribute to long-term withdrawal of money resources from the circulation.

The structure of liabilities changed: the share of short-term liabilities has increased by 2 % that was the result basically of the growth of short-term accounts payable (by 1.7 billion rubles); the share of long-term liabilities has increased basically due to long-term credits attraction by DGC of the zone of configuration of JSC IDGC of the Center.