On November 16, the Foundation for Future Generations of the KMAD (within the framework of the «Parliamentary Hour» in the Duma of the Khanty-Mansiysk Autonomous District) has presented the Report on the Financial and Operating Activities of the Foundation for 2015 and 9 months of 2016.
Taking into consideration the economic crisis enhancement in 2016, the Foundation for Future Generations has maintained its conservative policy, which is aimed at conservation and preservation of assets and at achievement of the predetermined goals concerning development of the production infrastructure of the Khanty-Mansiysk Autonomous District.
In accordance with the results of operation during 9 months in 2016, gross earnings of the Foundation for Future Generations were increased by +4.6% as compared with the previous year. Growth of the earned net profit is equal to +16%.
Net asset value of the Foundation for Future Generations was increased by 18.8 million Roubles during 9 months in 2016, and it is equal to 3,704 million Roubles.