cash flows from operating activities
interest received
1090.8
1043.7
interest paid
-684.1
-785.2
payments to deposit insurance system
-11.3
-8.7
gains received on operations with financial assets at fair value through profit or
-losses incurred/gains received on dealing in foreign currency
-164.2
18.8
fees and commissions received
110.8
97.6
fees and commissions paid
-28.3
-22.7
other operating income received
25.9
22.9
other operating expenses paid
-14.6
-5.3
staff costs administrative expenses paid
-209.9
-213.5
income received from non-banking activities
56.6
39.4
expenses paid in non-banking activities
-38.9
-35.3
net insurance premiums received
83.8
92.1
net insurance claims paid
-26.1
-37.4
income tax paid
-31.6
-15.1
cash flows from operating activities before changes in operating assets and
net decrease/-increase in operating assets
net -increase/decrease in mandatory cash balances with central banks
-25.9
15.2
net decrease/-increase in restricted cash
2.8
-0.8
net decrease/-increase in correspondent accounts in precious metals
2.0
-0.9
net -increase/decrease in financial assets at fair value through profit or loss
-4.1
63.1
net decrease/-increase in due from other banks
142.1
-558.5
net increase in loans and advances to customers
-149.8
-466.7
net increase in other assets
-69.5
-37.4
net -decrease/increase in operating liabilities
net increase in due to other banks
274.0
499.5
net increase in customer deposits
617.8
1368.7
net -decrease/increase in debt securities issued other than bonds issued
-84.2
0.4
net increase/-decrease in other liabilities
72.8
-39.5
net cash from operating activities
951.8
1061.5
cash flows used in investing activities
dividends and other distributions received
8.8
1
proceeds from sales or maturities of investment financial assets available-for-sale
272.5
225.2
purchase of investment financial assets available-for-sale
-259.8
-232
purchase of subsidiaries net of cash
-12.8
–
disposal of subsidiaries net of cash
3.2
2.8
purchase of and contributions to associates
-2.3
-0.6
proceeds from sale of share in associates
2.6
–
purchase of investment financial assets held-to-maturity
-41.5
-63.9
proceeds from redemption of investment financial assets held-to-maturity
26.5
3
purchase of land premises and equipment
-81.7
-51.1
proceeds from sale of land premises and equipment
4.2
4.3
purchase or construction of investment property
-14.8
-17.3
proceeds from sale of investment property
6.8
4.6
purchase of intangible assets
-5.7
-5.8
proceeds from sale of intangible assets
1.2
0.6
net cash used in investing activities
-92.8
-129.2
the notes № 1-58 form an integral part of these consolidated financial statements
vtb bank consolidated statement of cash flows -continued
for the year ended 31 december -in billions of russian roubles
cash flows from financing activities
proceeds net of repayment in short-term local bonds issued
25.2
–
repayment of local bonds
-73.8
-76.2
buy-back of local bonds
-32.9
-13
proceeds from sale of previously bought-back local bonds
51.5
24.3
repayment of eurobonds
-36.0
-319.7
buy-back of eurobonds
-12.3
-40.7
proceeds from sale of previously bought-back eurobonds
10.3
26.5
proceeds from syndicated loans
0.5
15.7
repayment of syndicated loans
-136.4
-28.7
proceeds from sale of previously bought-back syndicated loans
13.7
–
proceeds from other borrowings and funds from local central banks
2910.2
10 731
repayment of other borrowings and funds from local central banks
-3576.5
-11369.2
repayment of subordinated debt
-6.2
-53.9
buy-back of subordinated debt
-9.0
-4.3
proceeds from sale of previously bought-back subordinated debt
0.6
8.5
cash received from sale of treasury shares
17.9
13.6
cash paid for treasury shares
-17.9
-6.5
share issue to non-controlling interests
2.5
–
proceeds from sale of non-controlling interests in subsidiaries
5.5
–
buy-back of perpetual loan participation notes
-7.9
-0.9
proceeds from sale of previously bought-back perpetual loan participation notes
8.3
0.5
amounts paid on perpetual loan participation notes
-14.0
-13.1
net cash used in financing activities
-927.8
-1124.1
effect of exchange rate changes on cash and cash equivalents
-44.2
65.7
net decrease in cash and cash equivalents
-113.0
-126.1
at the beginning of period
561.6
687.7
at the end of period
448.6
561.6
