-in billions of russian roubles for the three-month period
cash flows from operating activities
interest received
180.7
157
interest paid
-83.0
-72.6
income received / -loss incurred on operations with financial assets at
fair value through profit or loss
12.5
-1
income received from extinguishment of liability
0.3
–
income received / -loss incurred on dealing in foreign currency
8.4
-7.3
fees and commissions received
19.0
14.8
fees and commissions paid
-3.9
-3.1
other operating income received
2.4
1.7
staff costs administrative expenses paid
-55.0
-42.3
income received from non-banking activities
11.4
5.8
expenses paid in non-banking activities
-11.1
-3.7
insurance premium received
17.4
12.4
net insurance claims paid
-7.3
-2.4
income tax paid
-5.8
-7.4
cash flows from operating activities before changes in operating
assets and liabilities
86.0
51.9
net decrease / -increase in operating assets
net increase in mandatory cash balances with central banks
-5.2
-3.9
net decrease / -increase in restricted cash
0.5
-1.8
net -increase / decrease in correspondent accounts in precious metals
-26.2
3.1
net decrease / -increase in financial assets at fair value through profit
net decrease in due from other banks
96.8
108.7
net increase in loans and advances to customers
-353.4
-224.7
net increase in other assets
-25.2
-13
net -decrease increase in operating liabilities
net decrease in due to other banks
-54.6
-4.3
net increase in customer deposits
548.1
50.2
net increase in debt securities issued other than bonds issued
3.0
0.9
net increase in other liabilities
19.9
18.6
net cash from / -used in operating activities
310.0
-56.5
cash flows used in investing activities
proceeds from sales or maturities of financial assets available-for-sale
36.8
22
purchase of financial assets available-for-sale
-121.7
-35.5
purchase of subsidiaries net of cash
0.2
–
disposal of subsidiaries net of cash
-3.7
–
purchase of and contributions to associates and joint ventures
-0.7
-0.7
proceeds from sale of associates
4.0
0.6
proceeds from distribution to shareholders of associates
1.4
–
purchase of land premises and equipment
-11.5
-4.4
proceeds from sale of land premises and equipment
1.2
1
purchase or construction of investment property
-9.5
-0.9
proceeds from sale of investment property
1.2
0.3
purchase of intangible assets
-1.6
-1
proceeds from sale of intangible assets
0.1
0.3
net cash used in investing activities
-103.8
-18.3
the notes № 1-34 form an integral part of these interim condensed consolidated financial statements
4
interim consolidated statement of cash flows for the three months ended 31 march 2014 -unaudited
-in billions of russian roubles for the three-month period
cash flows -used in / from financing activities
proceeds from issuance of bonds at local bonds
0.9
41.4
repayment of local bonds
-5.8
-40.7
buy-back of local bonds
-7.6
-12.6
proceeds from sale of previously bought-back local bonds
3.9
3.2
proceeds from issuance of eurobonds
0.1
19.3
repayment of eurobonds
-17.5
-6.6
buy-back of eurobonds
-6.9
-4.6
proceeds from sale of previously bought-back eurobonds
–
13.5
proceeds from syndicated loans
0.4
22.8
repayment of syndicated loans
-0.2
-24.1
proceeds from other borrowings and funds from local central banks
1060.9
384.8
repayment of other borrowings and funds from local central banks
-1050.8
-305.6
repayment of subordinated debt
-4.3
–
buy-back of subordinated debt
-0.9
-1.3
proceeds from sale of previously bought-back subordinated debt
0.6
–
cash received from sale of treasury shares
4.9
–
cash paid for treasury shares
-4.3
-0.1
proceeds from sale of non-controlling interests in subsidiaries
–
-0.1
purchase of perpetual loan participation notes
-0.6
-2.4
proceeds from sale of perpetual loan participation notes
0.5
2.3
net cash -used in / from financing activities
-26.7
89.2
effect of exchange rate changes on cash and cash equivalents
18.7
2.7
effect of hyperinflation
-0.3
-0.3
net increase in cash and cash equivalents
197.9
16.8
at the beginning of period
348.6
560.9
at the end of period
546.5
577.7
