Balance Sheet

Consolidated Balance Sheet
	2005	2006	2007	2008	2009	2010
	RUB m	RUB m	RUB m	RUB m	RUB m	RUB m
ASSETS
Non-current assets
Property, plant and equipment	8,121	10,621	17,821	28,314	31,843	32,852
Investment property under development	178	497	20,738	5,488	391	319
Investment property	-	1,047	2,040	1,925	2,305	2,308
Intangible assets	24	576	1,230	4,615	4,472	4,567
Other investments	37	327	46	125	49	35
Deferred tax assets	304	337	419	877	1,166	1,502
Trade and other receivables			1,050	1,206	1,941	809
Restricted cash			55	4,259	396	11
Other non-current assets	0	101	-	-	-	-
	8,666	13,506	43,399	46,810	42,564	42,392
Current assets
Other investments	575	800	297	134	124	152
Inventories	8,322	16,355	32,982	50,696	55,126	52,821
Income tax receivable	13	58	160	290	277	178
Trade and other receivables	3,661	6,342	9,357	12,661	9,329	9,112
Cash and cash equivalents	776	1,608	8,654	3,246	2,896	1,327
Assets classified as held for sale	-	71	28	62		45
	13,347	25,235	51,478	67,089	67,751	63,828
Total assets	22,013	38,741	94,877	113,899	110,314	106,220
EQUITY AND LIABILITIES
Equity
Share capital	30	30	30	32	32	36
Restitutable Shares Reserve	-	-	14,565	-	-	-
Share premium	-	-	-	14,563	14,563	26,408
Additional paid in capital	991	2,146	16,429	16,477	16,796	16,799
Foreign currency translation reserve	-	-	31	22	36	(13)
Retained earnings	1,538	2,523	11,408	3,231	7,945	9,715
Total equity attributable to shareholders of the Company	2,559	4,698	42,462	34,325	39,372	52,944
Minority interest	456	441	514	649	249	200
Total equity	3,015	5,140	42,977	34,973	39,621	53,143

Non-current liabilities
Loans and borrowings	1,501	8,721	13,348	18,864	24,433	27,714
Deferred tax liabilities	743	940	5,802	2,246	1,768	1,680
Trade and other payables	3	13	253	37	0	194
Provisions	-	-	8	2	1	5
	2,247	9,674	19,410	21,148	26,203	29,593
Current liabilities
Bank overdraft	9	26	60	58	-	-
Loans and borrowings	5,639	5,731	10,743	17,952	15,107	3,988
Income tax payable	78	82	342	323	633	145
Trade and other payables	10,704	17,848	20,644	38,550	28,184	18,782
Provisions	320	213	690	886	566	567
Liabilities classified as held for sale	-	28	10	8	-	-
	16,751	23,928	32,490	57,777	44,491	23,483
Total liabilities	18,998	33,602	51,900	78,925	70,693	53,076
Total equity and liabilities	22,013	38,741	94,877	113,899	110,314	106,220

LSR Group