FINANCIAL RESULTS 2014

Consolidated Statement of Financial Position

Consolidated Statement of Financial Position as at 31 December 2013 (in millions of Russian rubles, unless otherwise stated)

  31 December 2014 31 December 2013
ASSETS    
Non-current assets    
Property, plant and equipment 1,643,586 1,595,862
Intangible assets 14,300 16,557
Investments in associated and joint ventures 1,627 1,202
Non-current accounts receivable 6 971 7,442
Other investments and financial assets 22,952 27,309
Deferred tax assets 7,117 9,012
Total non-current assets 1,696,553 1,657,384
Current assets    
Inventories 26,630 23,920
Other investments and financial assets 17,908 53,306
Current income tax prepayments 4,636 5,568
Trade and other receivables 155,776 143,944
Cash and cash equivalents 82,576 61,917
Total current assets 287,526 288,655
Total assets 1,984,079 1,946,039
EQUITY AND LIABILITIES    
Equity    
Share capital 163,154 163,154
Share premium 212,978 212,978
Treasury shares (2,725) (2,819)
Other reserves (3,981) (6,265)
Retained earnings 383,554 398,711
Total equity attributable to equity holders of the Company 752,980 765,759
Non-controlling interest 285 824 295,932
Total equity 1,038,804 1,061,691
Non-current liabilities    
Loans and borrowings 485,409 492,229
Trade and other payables 17,851 14,487
Employee benefits 25,512 28,971
Deferred tax liabilities 34,389 38,715
Total non-current liabilities 563,161 574,402
Current liabilities    
Loans and borrowings 93,227 57,808
Trade and other payables 268,469 241,266
Provisions 18,871 10,397
Current tax liabilities 1,547 475
Total current liabilities 382,114 309,946
Total liabilities 945,275 884,348
Total equity and liabilities 1,984,079 1,946,039