Tag Archives: annual report

Monterey Symphony’s 2017-18 Annual Report

After a few challenging years, The Monterey Symphony has been able to right the ship and is looking to 2018/19 as a season of financial stability and growth.

Monterey, CA, August 07, 2018 — After a few challenging years, The Monterey Symphony has been able to right the ship and is looking to 2018/19 as a season of financial stability and growth. The most recent annual report just released reveals one of the Symphony’s most successful seasons.

The Symphony’s concerts were within two dozen tickets of selling out each; its Music for the Schools programs was so successful a fourth county will be added to the roster; and it met and exceeded its foundation granting goals in December 2017, halfway through the last season, which ended June 30.

“We’re doing well, everything’s up, and 2018/19 is going to be a spectacular year for the Symphony,” says Nicola Samra, Symphony executive director. When Samra was named the new executive director in July 2017, she was able to hit the ground running. She was already a member of the Symphony staff as director of Institutional Advancement with several months under her belt, she had experience as director of development for the College of Arts, Humanities and Social Sciences at CSU Monterey Bay, and for almost four years as director of development and marketing for the Carmel Bach Festival.

As the Symphony’s director of Institutional Advancement she had already developed a three-year plan for the Symphony and her experience in development gave her the confidence to approach the various foundations and rebuild their relationships with the Symphony.

“I met with every program director from every foundation, if I couldn’t meet with them in person, we spoke on the phone. I also read proposals and reports from the last five years,” says Samra. “I took it as a vote of confidence from the community that what we do here is important, that what we do is important and impactful.”

Concert ticket sales only account for 18% of the Symphony’s annual budget, with grants from foundations and donations from individuals and other sources accounting for 80%. The 2018/19 budget is $1.74 million, smaller than the 2017 budget, but one that allows the Symphony to “live within its means,” says Samra.

The Symphony was able to save $250,000 by consolidating its concert venues and focusing on the two concerts Saturdays and Sundays at the Sunset Center in Carmel (along with a free concert on Monday for student groups).

In fact, with new funding, the Symphony will add two youth concerts in Salinas in May of 2019 and hopes to add additional transportation for some of the school districts that don’t have funding for buses to the concerts.

“We are now on the path to financial sustainability, we’re grateful to the community for its support, we’re excited by the increased attendance at our concerts and we’re looking to the future to see how we can continue to serve our patrons,” says Samra.


Marci Bracco Cain

Chatterbox PR

Salinas, CA 93901

(831) 747-7455


URALCHEM reports the results of the Annual General Meeting of Shareholders

United Chemical Company URALCHEM, OJSC reports on the decisions taken by the shareholders at the Annual General Meeting held on 30th June, 2014.

Moscow, Russia (July 2, 2014) — United Chemical Company URALCHEM, OJSC reports on the decisions taken by the shareholders at the Annual General Meeting held on 30th June, 2014.

The company’s shareholders approved URALCHEM’s annual report and annual financial statements for fiscal year 2013. The shareholders decided not to announce and pay dividends for 2013, beyond the 3.475 billion roubles previously announced for the nine months of 2013.

The meeting also re-elected the current Board of Directors of URLACHEM OJSC. The board includes Dmitry Mazepin, Dmitry Tatianin, Dmitry Konyaev, Julia Orlovskaya, Andrey Pakhomenkov, Mikhail Genkin and independent director Petr Krupnov.

The shareholders’ approved the new edition of the articles of association of the company, which brings it into line with changes in legislation and specifies the responsibilities of the CEO and the Board of Directors. The meeting approved a major deal: namely, the signing of an additional agreement to the VTB loan to purchase shares in OJSC Uralkali, which increased the period of availability of undrawn funds to the end of 2014.

Dmitry Konyaev, CEO of URALCHEM, OJSC said that in 2013 the company demonstrated the stability of the business in difficult market conditions. Among the main results of the year were the completion of its own port terminal in Riga and the purchase of 19.99% of shares in OJSC Uralkali. In 2014, the company will focus on improving business efficiency by continuing to invest in the renovation and modernization of its existing facilities.

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URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate fertilizers in Russia and the CIS with production capacities of over 2.8 million tonnes of ammonia, 2.5 million tonnes of ammonium nitrate, 1.2 million tonnes of urea and 0.8 million tonnes of phosphate and compound fertilizers per year. URALCHEM, OJSC ranks first in Russia for production of ammonia and ammonium nitrate, and second for the production of urea. Key production assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in Berezniki, Perm Region; OJSC Minudobrenia, Perm; MFP Kirovo-Chepetsk Chemical Works, OJSC Branch in Kirovo-Chepetsk, Kirov region; Voskresensk Mineral Fertilisers, OJSC in Voskresensk, Moscow region.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of URALCHEM. We wish to caution you that these statements are only predictions. We do not intend to update these statements and our actual results may differ materially from those contained in our projections or forward-looking statements, including, among others, the achievement of anticipated levels of profitability, growth, cost and synergy of our recent acquisitions, the impact of competitive pricing, the ability to obtain necessary regulatory approvals and licenses, the impact of developments in the Russian economic, political and legal environment, financial risk management and the impact of general business and global economic conditions.