-in billions of russian roubles for the six-month period
cash flows from operating activities
interest received
528.9
373.4
interest paid
-393.8
-186.9
gains from operations with financial assets at fair value through profit or loss
9.5
3.6
gains received from extinguishment of liability
–
0.1
loss incurred on dealing in foreign currency
-7.7
-2.4
fees and commissions received
42.4
37.9
fees and commissions paid
-9.7
-8.2
other operating income received
9.4
4.2
staff costs administrative expenses paid
-123.3
-103.7
income received from non-banking activities
19.5
21.5
expenses paid in non-banking activities
-19.5
-18.2
net insurance premiums received
64.8
27
net insurance claims paid
-58.6
-16.2
income tax paid
-9.8
-7.7
cash flows from operating activities before changes in operating assets and
net decrease/-increase in operating assets
net increase in mandatory cash balances with central banks
-8.3
-7.5
net decrease in restricted cash
–
0.6
net decrease in correspondent accounts in precious metals
0.5
0.9
net decrease in non-derivative financial assets at fair value through profit or loss
84.6
68
net -increase/decrease in due from other banks
-397.3
124.8
net decrease/-increase in loans and advances to customers
532.7
-878.5
net increase in other assets
-7.3
-0.8
net -decrease/increase in operating liabilities
net increase/-decrease in due to other banks
47.0
-66.2
net increase in customer deposits
408.1
713.4
net decrease in debt securities issued other than bonds issued
-7.6
-11.3
net -decrease/increase in other liabilities
-41.6
11.5
net cash from operating activities
662.9
79.3
cash flows used in investing activities
dividends and other distributions received
0.4
0.3
proceeds from sales or maturities of investment financial assets available-for-sale
130.9
126.5
purchase of investment financial assets available-for-sale
-119.4
-162
purchase of subsidiaries net of cash
37
–
0.9
disposal of subsidiaries net of cash
37
–
3.4
purchase of and contributions to associates and joint ventures
–
-0.7
proceeds from sale of share in associates
–
4
proceeds from distribution to shareholders of associates
–
1.4
purchase of investment financial assets held-to-maturity
-17.7
–
proceeds from redemption of investment financial assets held-to-maturity
0.2
0.3
purchase of land premises and equipment
-20.9
-21.3
proceeds from sale of land premises and equipment
0.8
1.7
purchase or construction of investment property
-4.1
-13.3
proceeds from sale of investment property
1.9
1.6
purchase of intangible assets
-3.0
-2.1
proceeds from sale of intangible assets
0.1
0.3
net cash used in investing activities
-30.8
-59
the notes № 1-38 form an integral part of these interim condensed consolidated financial statements
4
interim consolidated statement of cash flows for the six months ended 30 june 2015 -unaudited -continued
-in billions of russian roubles for the six-month period
cash flows used in financing activities
proceeds from issuance of local bonds
0.2
8.5
repayment of local bonds
-25.6
-13.6
buy-back of local bonds
-9.1
-10.6
proceeds from sale of previously bought-back local bonds
5.3
10.5
proceeds from issuance of eurobonds
–
7.5
repayment of eurobonds
-188.2
-35.3
buy-back of eurobonds
-17.9
-18.4
proceeds from sale of previously bought-back eurobonds
10.2
8.6
proceeds from syndicated loans
5.6
1.2
repayment of syndicated loans
-6.2
-0.2
proceeds from other borrowings and funds from local central banks
6864.0
3002.6
repayment of other borrowings and funds from local central banks
-7323.2
-2677.5
repayment of subordinated debt
–
-4.3
buy-back of subordinated debt
-3.7
-0.9
proceeds from sale of previously bought-back subordinated debt
4.9
1
cash received from sale of treasury shares
6.9
11.2
cash paid for treasury shares
-2.5
-10
cash paid for purchase of non-controlling interests in subsidiaries and non-parent
interests in consolidated funds
–
-8.3
buy-back of perpetual loan participation notes
-0.4
-1.7
proceeds from sale of previously bought-back perpetual loan participation notes
0.2
1.7
amounts paid on perpetual loan participation notes
-5.9
-3.7
net cash -used in / from financing activities
-685.4
267.4
effect of exchange rate changes on cash and cash equivalents
-16.7
-0.2
effect of hyperinflation
–
-0.7
net -decrease/increase in cash and cash equivalents
-70.0
286.8
at the beginning of period
687.7
348.6
at the end of period
617.7
635.4
