ved by the Board of Directors.sum up, such difficult organizational structure helps the company to do its work more efficiently, strongly distribute responsibilities and tasks between company s employees and monitor Fund s activities in various spheres. As a result there is a high level of corporate management in the Fund today. The company promotes the best practices of corporate governance in the companies, as well as focus on building an effective Board of Directors as a strategic body.
Management of Samruk-Kazyna JSC
of financial resources of the Fund is done by using own funds and equivalents, the mobilization of resources in the financial market and the cash flows from the financial banking system in the reallocation. The company has the statutory fund, and its sources are: equity, long-term loan and budget. Also share capital has an important role in the activity of the company, because it is a material base for many types of Fund s activities. The share of the share capital is calculated as the ratio of the nominal value to the amount of the authorized capital stock. Share capital contributes to the redistribution of property rights throughout society, but real power over the capital is concentrated in the hands of professional managers.main source of financial resources for the existing plants are cost of goods sold or services rendered, various parts of which are in the process of distribution of proceeds take the form of cash income and savings. Financial resources are formed mainly due to income from its core and other activities, depreciation and amortization. Along with these sources of financial resources also are: proceeds from the sale of disposals of assets, liabilities stable, different target incomes (for example, mobilization of domestic resources in the construction). Moreover, significant financial resources are mobilized in the financial market in the form of share, dividends and other securities.assets are cash is invested in fixed assets and non-productive direction. With a participation of fixed assets in the production process of their value bifurcates: one part of it that is equal to wear, is transferred to the finished product, and the other - expresses the residual value of existing fixed assets.value of the sinking fund each year is calculated by multiplying the book value of fixed assets at the rate of depreciation. Depreciation rates are reviewed periodically as to change the terms of service of fixed assets, accelerating the process of transferring their value to the product manufactured under the influence of scientific and technological progress and other factors. Samruk-Kazyna JSC uses straight-line method for calculating depreciation.is also a part of the company's own financial resources used for capital investments. In addition, there are revenues from disposals of assets, resources of funds for Social Development and Housingpany needs not only fixed assets, but also current assets. This type of assets consumed in the production go into the sphere of circulation in the form of commodities, which then as sales of finished products goes in the form of cash. Current assets provide current needs of the company.of working capital is a measure of the effectiveness of their use. Turnover is defined by the time during which the funds make a full turn, from the acquisition of inventory and ending with the receipt of money on account of the enterprise; duration of one turn is expressed in days. The faster turn advances current assets, the best result is achieved by using the same amount of funds produced and sold more products.
and power assets directorate
training practice was held during a month in Mining and Power Assets Directorate of the Fund. The directorate basically deals with investment activities, works on projects in business segments that include coal mining, power generation, distribution and sale of electricity. The directorate works with Samruk-Energy JSC that was established in May +2007 and is a part of Sovereign Wealth Fund Samruk-Kazyna JSC. It includes a vertically integrated group of companies which has approximately 47% of installed capacity and provides 36, 5% of electricity generation in Kazakhstan UES, including its share in joint ventures. So the directorate monitors and evaluates operational, financial and economic activities of subsidiaries, develops new investment models and project, makes assessment of the financial stability of the company, works on optimization of the assets and so one. workers perform different functions and have various tasks, but at the same time they often cooperate and consult with each other. This cooperation makes their work more effective and helps to make everything faster. One of the most common position in Mining and power assets directorate, and in Company at all, is Chie...
