Annual Report
2013
The core activity of TVEL FC is development, production and sale of nuclear fuel for power and test reactors in Russia and abroad, as well as of associated nuclear and non-nuclear products in strict compliance with safety requirements: nuclear, radiation, industrial, fire, environmental, labor protection, physical protection of nuclear facilities and readiness for emergency response.
TVEL FC takes central place in the structure of the ROSATOM State Corporation in terms of the front end nuclear fuel cycle.
The Fuel Company is the sole supplier of nuclear fuel to Russian nuclear power plants. TVEL FC supplies nuclear fuel to 76 power reactors in 15 countries all over the world, research reactors in 9 countries worldwide and caters to transportation plants of the Russian Nuclear Powered Fleet. One out of every six power reactors in the world runs on fuel manufactured by TVEL FC * Chapter “Development strategy and external environment” Section “Place of TVEL FC in the World Market of FE NFC”. .
TVEL JSC is the Operations Management Center of the Fuel Company.
The Fuel Company has enterprises all over the Russian Federation.
As far as specifics of social environment are concerned, three enterprises of TVEL JSC are located within Closed Administrative Territorial Units (Seversk, Novouralsk and Zelenogorsk) and one is located within a company town (Glazov) where they happen to be backbone enterprises and major taxpayers * More details about TVEL FC activity within the special regions of presence see Chapter “Outcomes” Section “Development of the Regions of Presence” . .
In addition to core business that involves production of nuclear fuel, TVEL FC supplies to the Russian and international market a wide range of non-nuclear products: zirconium, lithium, calcium, magnets, thin-walled pipes, polishing powders, pinch rolls, zeolite catalysts, superconductor materials, etc.
TVEL FC has proprietary research and development design divisions that contribute to successful operation of hydrometallurgical, metalworking, machine-building and rolling facilities.
The Fuel Company comprises of four complexes that correspond to type-specific production of the FE NFC.
Separation-Sublimation Complex comprises of a group of integrated plants engaged in enrichment and conversion of uranium
Indicator, unit of measurement | AECC | PA ECP | SGChE | UEIP |
Proceeds (net) from sales, mln RUB | 6,188 | 12,860 | 15,117 | 19,395 |
Gross margin, mln RUB | 2,764 | 4,161 | 3,197 | 8,539 |
Profit tax, mln RUB | 368 | 495 | 230 | 1 239 |
Net profit, mln RUB | 1,309 | 1175 | 451 | 3,701 |
Net assets, mln RUB | 15,469 | 33,102 | 28,022 | 51,681 |
Labor efficiency, mln RUB/person * The value herein and thereafter is given. | 4.45 | 4.80 | 2.90 | 5.90 |
Environmental expenses of TVEL FC, mln RUB | 43.5 | 26.7 | 913.5 | 702.8 |
Average headcount of staff, persons * Employees under civil law contracts, external part-timers and women on maternity and childcare leave are not considered herein and below. | 1,389 | 2,680 | 5,362 | 3,276 |
Nuclear fuel fabrication complex comprises of industrial enterprises that manufacture nuclear fuel for various reactors
Indicator, unit of measurement | MSZ | NNCP | CMP | MZP |
Proceeds (net) from sales, mln RUB | 15,065 | 7,805 | 11,399 | 1,169 |
Gross margin, mln RUB | 4,587 | 1,616 | 2,053 | 219 |
Profit tax, mln RUB | 462 | 64 | 7 | 75 |
Net profit, mln RUB | 2 225 | 104 | -336 | 168 |
Net assets, mln RUB | 27.619 | 15.230 | 12.991 | 3.010 |
Labor efficiency, mln RUB/person | 3.56 | 3.85 | 2.94 | 7.44 |
Environmental expenses of TVEL FC, mln RUB | 114.6 | 110.0 | 209.0 | 2.7 |
Average headcount of staff, persons | 4,233 | 2,023 | 3,883 | 152 |
Gas centrifuge complex is a group of industrial companies producing gas centrifuges and accessories for enterprises of separation-sublimation complex.
Indicator, unit of measurement | VPA Tochmash | KMP | UGCMP |
Proceeds (net) from sales, mln RUB | 1,728 | 5,045 | 2,251 |
Gross margin, mln RUB | 158 | 807 | 88 |
Profit tax, mln RUB | 65 | 32 | 10 |
Net profit, mln RUB | -246 | 94 | -52 |
Net assets, mln RUB | 3,631 | 3,416 | 4,551 |
Labor efficiency, mln RUB/person | 1.05 | 2.64 | 2.28 |
Environmental expenses of TVEL FC, mln RUB | 24.0 | 23.0 | 00.0 |
Average headcount of staff, persons | 1,645 | 1,908 | 987 |
Research and engineering complex (Table 5)
Indicator, unit of measurement | VNIINM |
Proceeds (net) from sales, mln RUB | 4,379 |
Gross margin, mln RUB | 829 |
Profit tax, mln RUB | 94 |
Net profit, mln RUB | 306 |
Net assets, mln RUB | 5 968 |
Labor efficiency, mln RUB/person | 4.16 |
Environmental expenses of TVEL FC, mln RUB | 39.3 |
Average headcount of staff, persons | 1,158 |