-in billions of russian roubles for the three-month period
cash flows from operating activities
interest received
124.5
73.7
interest paid
-59.9
-36.3
-loss incurred / income received on operations with financial instruments
at fair value through profit or loss
-10.2
3.2
income received on dealing in foreign currency
18.3
15.7
fees and commissions received
13.3
9.7
fees and commissions paid
-2.7
-1.2
other operating income received
0.8
0.4
staff costs and administrative expenses paid
-41.0
-30.8
income received from non-banking activities
12.3
1.9
expenses paid in non-banking activities
-2.7
-2
income tax paid
-8.3
-6.6
cash flows from operating activities
before changes in operating assets and liabilities
44.4
27.7
net decrease / -increase in operating assets net decrease / -increase in mandatory cash balances with central
net decrease / -increase in restricted cash
0.1
-0.2
net increase in correspondent accounts in precious metals
-0.4
-0.8
net decrease / -increase in financial assets at fair value through profit or
net decrease / -increase in due from other banks
25.0
-61.7
net decrease / -increase in loans and advances to customers
28.3
-76.5
net increase in other assets
-15.0
-9.1
net increase / -decrease in operating liabilities
net -decrease / increase in due to other banks
-24.7
14.8
net -decrease / increase in customer deposits
-183.8
199.6
net increase in debt securities issued
156.6
5.2
net increase in other liabilities
19.4
5.7
net cash from operating activities
78.4
84.5
cash flows used in investing activities
proceeds from sale or maturities of financial assets available-for-sale
15.0
16.5
purchase of financial assets available-for-sale
-19.7
-5
purchase of subsidiaries net of cash
-1.2
-1.7
purchase of and contributions to associates and joint ventures
-0.1
-104.6
proceeds from sale of share in associates and joint ventures
–
2.3
purchase of investment securities held-to-maturity
-0.5
-0.1
proceeds from redemption of investment securities held-to-maturity
0.4
0.5
purchase of premises and equipment
-1.9
-8.9
proceeds from sale of premises and equipment
5.9
6.8
purchase or construction of investment property
-1.4
-0.6
proceeds from sale of investment property
0.8
–
purchase of intangible assets
-1.2
-0.3
proceeds from sale of intangible assets
–
0.1
net cash used in investing activities
-1.9
-95
the notes № 1-33 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 2012 -unaudited
-continued -in billions of russian roubles for the three-month period
cash flows used in financing activities
proceeds from issuance of local bonds
20.2
1.1
repayment of local bonds
-1.9
-11.9
buy-back of local bonds
-2.2
-1.8
proceeds from sale of previously bought-back local bonds
4.8
4.8
proceeds from issuance of eurobonds
6.3
22.1
repayment of eurobonds
-0.2
-7.8
buy-back of eurobonds
-20.5
-11.6
proceeds from sale of previously bought-back eurobonds
20.5
10.6
proceeds from syndicated loans
0.2
–
repayment of syndicated loans
-0.2
-3.6
proceeds from sale of previously bought-back syndicated loans
2.9
–
proceeds from other borrowings and funds from local central banks
100.0
1.2
repayment of other borrowings and funds from local central banks
-272.8
-13.5
buy-back of other borrowings and funds from local central banks
-0.7
–
buy-back of subordinated debt
-0.5
-0.9
proceeds from sale of previously bought-back subordinated debt
–
0.7
purchase of treasury shares
-0.3
–
proceeds from sale of treasury shares
0.6
–
net cash used in financing activities
-143.8
-10.6
effect of exchange rate changes on cash and cash equivalents
-9.8
-7.2
effect of hyperinflation
-0.1
–
net decrease in cash and cash equivalents
-77.2
-28.3
cash and cash equivalents at the beginning of the period
397.5
272.8
cash and cash equivalents at the end of the period
320.3
244.5
