RU

ANNEXES

Published forms as of 1 January 2017



1

Balance Sheet

PUBLISHED FORM AS OF 31 DECEMBER 2016

RUB ‘000
Item As at 31 December 2016 As at 31 December 2015 As at 31 December 2014
ASSETS
I. NONCURRENT ASSETS
Intangible assets 1,296 1,389 1,596
Property, plant and equipment 1,400,489 1,408,132 1,393,366
Investments 55,078,414 25,156,825 25,656,825
Deferred tax assets 39,608 68,086 38,708
TOTAL Section I 56,519,807 26,634,432 27,090,495
II. CURRENT ASSETS
Inventory 3,871 2,614 2,324
Input value added tax - 18 -
Reinsured portion of insurance reserves 140,412 - 7,093
Short-term receivables 1,096,499 885,185 620,057
Investments (except for cash equivalents) 16,822,106 23,066,607 10,928,520
Cash and cash equivalents 4,180,684 3,045,900 35,071
Other current assets 75,810 32,685 28,385
TOTAL Section II 22,319,382 27,033,009 11,621,450
BALANCE 78,839,189 53,667,441 38,711,945
LIABILITIES
III. CAPITAL AND RESERVES
Share capital 43,529,913 43,529,913 31,376,437
Reserve capital 291,810 164,083 102,278
Retained earnings 7,295,031 6,279,626 3,179,382
TOTAL Section III 51,116,754 49,973,622 34,658,097
IV. LONG-TERM LIABILITIES
Deferred tax liabilities 1,174 184,073 1
TOTAL Section IV 1,174 184,073 1
V. SHORT-TERM LIABILITIES
Accounts payable 127,552 20,718 2,185,577
Estimated liabilities 227,610 177,319 191,320
TOTAL Section V 355,162 198,037 2,376,897
VI. INSURANCE RESERVES
Insurance reserves 27,366,099 3,311,709 1,676,950
TOTAL Section VI 27,366,099 3,311,709 1,676,950
BALANCE 78,839,189 53,667,441 38,711,945

2

Statement of Financial Results

PUBLISHED FORM FOR JANUARY - DECEMBER 2016

RUB ‘000
Item For January – December
2016
For January – December
2015
(adjusted)
Insurance premiums - net of reinsurance 26,508,187 2,394,501
Change of insurance reserves - net of reinsurance (23,913,978) (1,641,852)
Insurance payments - net of reinsurance (90,741) (52,197)
Acquisition costs (25,708) (33,247)
Management expenses (1,396,800) (1,208,702)
Interest receivable 3,758,546 4,014,455
Other income 2,510,314 2,104,015
Other expenses (5,650,381) (1,588,734)
PROFIT (LOSS) BEFORE TAX 1,699,439 3,988,239
Current profits tax (710,728) (671,496)
Change of deferred tax liabilities 182,899 (184,072)
Change of deferred tax assets (28,478) 29,378
NET PROFIT (LOSS) 1,143,132 3,162,049

3

Statement of Cash Flows

PUBLISHED FORM FOR JANUARY - DECEMBER 2016

RUB ‘000
Item For January – December
2016
For January – December
2015
CASH FLOWS FROM OPERATING ACTIVITY
Total proceeds 26,939,726 2,093,849
including:
from insurance operations 26,938,353 2,075,177
commission and other similar payments 718 -
other proceeds 655 18,672
Total payments (2,100,781) (1,956,876)
including:
on insurance operations (258,669) (52,197)
payroll (755,791) (713,908)
corporate profits tax (570,204) (663,599)
to suppliers (contractors) for raw and other materials, works and services (490,968) (492,734)
other payments (25,149) (34,438)
Balance of cash flows from operating activities 24,838,945 136,973
CASH FLOWS FROM INVESTMENT ACTIVITY
Total proceeds 60,548,365 23,165,101
including:
from repayment of loans granted 57,119,396 19,160,068
interest on debt financial investments 1,229,306 1,090,004
interest under income deposit agreements 2,199,663 2,915,029
Total payments (83,780,104) (30,276,051)
including:
for acquisition of noncurrent assets (80,410) (86,320)
for acquisition of shares in other companies (99) (10,000,000)
for acquisition of debt securities and provision of loans (16,000,671) -
losses from currency sales - -
placement of cash in deposits (67,650,236) (20,187,554)
other payments (48,688) (2,177)
Balance of cash flows from investment activity (23,231,739) (7,110,950)
CASH FLOWS FROM FINANCIAL ACTIVITY
Total proceeds - 10,000,000
including:
from issuance of shares - 10,000,000
Total payments - -
Balance of cash flows from financial activity - 10,000,000
Balance of cash flows for the reporting period 1,607,206 3,026,023
Balance of cash and cash equivalents at the end of the reporting period 3,045,900 35,071
Balance of cash and cash equivalents at the end of the reporting period 4,180,684 3,045,900
Translation differences (472,422) (15,194)

4

Statement of Changes in Equity

PUBLISHED FORM FOR JANUARY - DECEMBER 2016

RUB ‘000
Item Share capital Reserve capital Retained earnings Total
EQUITY AT 31 DECEMBER 2014 31,376,437 102,278 3,179,382 34,658,097
For 2015
Increase in equity – total: 12,153,476 - 3,162,049 15,315,525
including:
net profit Х Х 3,162,049 3,162,049
issuance of additional shares 12,153,476 Х Х 12,153,476
Decrease in equity – total: - - - -
Change in reserve capital Х 61,805 (61,805) Х
EQUITY AT 31 DECEMBER 2015 43,529,913 164,083 6,279,626 49,973,622
For 2016
Increase in equity – total: - - 1,143,132 1,143,132
including:
net profit Х Х 1,143,132 1,143,132
issue of additional shares - Х Х -
Decrease in equity – total: - - - -
Change in reserve capital Х 127,727 (127,727) Х
EQUITY AT 31 DECEMBER 2016 43,529,913 291,810 7,295,031 51,116,754