Joint Stock Company Interregional Distribution Grid Companies Holding provided capital expenditures guidance for 2012. In 2012, the planned capital expenditures of the company's operating companies for the construction and reconstruction of power grid facilities are expected to amount to approximately RUB 124 billion (excluding VAT). These funds are provided by the investment programmes of MRSK/RSK and will be used to commission 11,024 MVA of transformer capacity and 16,729 km of distribution lines. In 2013-2017, the company plans to operate more than 76,000 km of power lines and more than 54,000 MVA of transformer capacity.