NDC Wins RTS Annual Reports Award
OREANDA-NEWS. November 24, 2009. "The National Depository Center" (Closed Joint Stock Company) (NDC), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, announces that its annual report has won the third prize in “Best Information Disclosure for Clients” nomination of a RTS Stock Exchange’s Annual Reports Award.
A method of annual reports’ evaluation in this nomination included provision of general information about the company (history of its formation, stages of development, general information about the company’s operations), about its operating results for the reporting year (basic events, financial results, achievements), provision of information about the company’s management, its range of services (description of the services and tariffs), competition analysis, client base, partners, development strategy and risk management.
Annual reports of 125 companies including domestic ones from seven Russia's Federal Districts and few Kazakh and Ukrainian enterprises were nominated for the Award. The companies represented different industries including oil and gas sector, energy, metallurgical, telecommunications and banking industries.
The award ceremony has been held in Moscow on 20 November.
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