Structure

   The Audit Commission is the Company's body that performs the functions of internal financial, economic and legal control over the activities of the Company, its divisions and services, branches and representative offices that are on the balance sheet of the Company.
   The Audit Commission controls the activities of the Supervisory Board and the Executive Body of the Company, but does not have the right to reverse their decisions.

In carrying out its functions, the Audit Commission carries out the following types of work:

• verification of the Company's financial documentation, conclusions of the property inventory committee, comparison of the indicated documents according to the primary accounting data;
• verification of the legality of concluded contracts on behalf of the Company, transactions, trade, settlement and other transactions, settlements with counterparties;
• analysis of the compliance of the accounting and statistical records with the existing regulatory provisions;
• verification of compliance in the financial and economic activities of the established standards, rules, etc .;
• analysis of the financial position of the Company, its solvency, liquidity of assets, the ratio of own and borrowed funds, identification of reserves for improving the economic condition and making recommendations for the management bodies of the Company;
• checking the timeliness and correctness of payments by suppliers of products and services, payments to the budget, accruals and payments of dividends, interest on bonds, repayment of other obligations;
• checking the correctness of the compilation of the Company's balance sheets, reporting documentation for the tax inspectorate, statistical bodies, and government bodies;
• verification of the legality of decisions made by the Supervisory Board and the Executive Body, their compliance with the Company's Charter and decisions of the General Meeting of Shareholders;
• analysis of the decision of the General Meeting of Shareholders, making proposals for their change in case of discrepancy with legislation and regulations.
  

Regulations on the Audit Commission