Consolidated Statement of Financial Position

History

  Note Dec 31, 2011, ‘000 rubles Dec 31, 2010, ‘000 rubles
ASSETS
Non-current assets
Property, plant and equipment 12 205,734,239 190,225,639
Intangible assets 13 472,638 85,535
Long-term investments 14 560,737 624,800
Other non-current assets 15 14,008,820 13,680,640
Total non-current assets   220,776,434 204,616,614
 
Current assets
Inventories 17 2,100,004 1,674,664
Income tax receivable   460,565 631,841
Trade and other receivables 18 22,101,928 23,973,028
Short-term investments 14 175,000 1,187
Cash and cash equivalents 19 3,944,875 2,931,237
Total current assets   28,782,372 29,211,957
Total assets   249,558,806 233,828,571
       
EQUITY AND LIABILITIES      
Equity
Share capital 20 24,353,546 24,353,546
Additional paid in capital   18,580,888 18,580,888
Retained earnings   79,494,344 62,746,579
Total equity attributable to the shareholders of OJSC MOESK   122,428,778 105,681,013
Non-controlling interest   484,455 389,661
Total equity   122,913,233 106,070,674
 
Non-current liabilities
Loans and borrowings 22 39,966,562 29,472,416
Employee benefits 23 1,356,652 1,649,275
Deferred tax liabilities 16 7,782,408 6,943,138
Trade and other payables 25 22,470,975 10,893,132
Total non-current liabilities   71,576,597 48,957,961
       
Current liabilities      
Loans and borrowings 22 6,509,086 10,631,321
Other taxes payable 26 113,090 763,382
Trade and other payables 25 47,458,435 66,764,149
Provisions 24 988,365 641,084
Total current liabilities   55,068,976 78,799,936
Total equity and liabilities   249,558,806 233,828,571

The consolidated statement of financial position is to be read in conjunction with the notes to, and forming part of, the consolidated financial statements set out on pages 11 to 55.

These consolidated financial statements were approved by management on 6 April 2012 and were signed on its behalf by:

Deputy Director General
on Economics and Finance
O. L. Bulanova

Head of Department
on Economics and Finance
V.V. Bragova