Revision Commission

The Revision Commission is a permanent elected body of the internal control of PJSC Kubanenergo carrying out regular control of financial and business activities of the Company, its separate subdivisions, officers, management of the Company and structural units of the Company’s executive office by conducting document and physical checks:

  • legality, economic feasibility and efficiency (expediency) of economic and financial operations performed by the Company in the period audited;
  • completeness and correctness of economic and financial operations reflected in documents of the Company.

The Revision Commission has the following objectives:

  • control of financial and economic activity of the Company;
  • implementation of an independent assessment of reliability of the data containing in the Company’s annual report, annual accounting statements.

The Revision Committee acts in the interests of the shareholders and is accountable to the General Meeting of Shareholders. When performing its functions, the Revision Committee is independent of the officers, the Company’s management and Heads of structural units of the Company’s executive office.

In its activities, the Revision Commission is guided by the laws of the Russian Federation, the Articles of Association of PJSC Kubanenergo and the Regulation on the Revision Commission*.


* Find the Regulation on the Revision Commission of PJSC Kubanenergo on the web-site: www.kubanenergo.ru - section About the Company / Constituent and in-house documents