cash flows from operating activities
interest received
827.4
788.1
interest paid
-516.3
-567.5
payments to deposit insurance system
-7.5
-6.5
-losses/gains on operations with financial assets at fair value through profit or loss
-0.7
30.2
income/-loss received from extinguishment of liability
0.2
-0.4
losses on dealing in foreign currency
-158.2
-5.9
fees and commissions received
79.2
69.8
fees and commissions paid
-19.9
-16.1
other operating income received
17.8
14.7
other operating expenses paid
-12.6
-3.2
staff costs administrative expenses paid
-159.2
-154.7
income received from non-banking activities
31.5
28.2
expenses paid in non-banking activities
-28.6
-27.2
net insurance premiums received
63.0
76.9
net insurance claims paid
-27.4
-68.9
income tax paid
-20.9
-13
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
-22.6
-0.4
net decrease/-increase in restricted cash
2.8
-0.4
net decrease/-increase in correspondent accounts in precious metals
2.3
-4.3
net decrease in financial assets at fair value through profit or loss
42.3
83.8
net decrease/-increase in due from other banks
471.5
-425.9
net decrease/-increase in loans and advances to customers
37.6
-4.2
net -increase/ decrease in other assets
-57.1
15.3
net -decrease/increase in operating liabilities
net -decrease/increase in due to other banks
-287.9
344.6
net increase in customer deposits
1056.8
1 346
net decrease in debt securities issued other than bonds issued
-78.5
-2.6
net increase/-decrease in other liabilities
43.0
-1.2
net cash from operating activities
1278.0
1495.2
cash flows used in investing activities
dividends and other distributions received
5.5
0.5
proceeds from sales or maturities of investment financial assets available-for-sale
198.5
123.2
purchase of investment financial assets available-for-sale
-192.5
-111.5
purchase of subsidiaries net of cash
-10.9
–
disposal of subsidiaries net of cash
1.4
-0.9
purchase of and contributions to associates
-1.5
–
proceeds from sale of associates
0.7
–
purchase of investment financial assets held-to-maturity
-32.0
-34.8
proceeds from redemption of investment financial assets held-to-maturity
22.1
0.5
purchase of land premises and equipment
-47.4
-34.5
proceeds from sale of land premises and equipment
2.7
3.5
purchase or construction of investment property
-6.2
-15.5
proceeds from sale of investment property
3.0
3.5
purchase of intangible assets
-4.0
-3.8
proceeds from sale of intangible assets
0.9
0.5
net cash used in investing activities
-59.7
-69.3
the notes № 1-36 form an integral part of these interim condensed consolidated financial statements
vtb bank interim consolidated statement of cash flows
for the nine-month period ended 30 september -unaudited
-in billions of russian roubles -continued for the nine-month period
cash flows from financing activities
repayment of local bonds
-69.9
-72.2
buy-back of local bonds
-21.2
-9.2
proceeds from sale of previously bought-back local bonds
48.8
19.2
repayment of eurobonds
-16.5
-243.1
buy-back of eurobonds
-8.7
-35.5
proceeds from sale of previously bought-back eurobonds
5.1
21.3
proceeds from syndicated loans
0.5
10.1
repayment of syndicated loans
-122.4
-16.5
proceeds from other borrowings and funds from local central banks
1976.1
9127.6
repayment of other borrowings and funds from local central banks
-2995.0
-10338.6
repayment of subordinated debt
–
-26.2
buy-back of subordinated debt
-8.9
-4.3
proceeds from sale of previously bought-back subordinated debt
–
8.5
cash received from sale of treasury shares
17.7
10.9
cash paid for treasury shares
-17.7
-3.7
proceeds from sale of non-controlling interests in subsidiaries
5.5
–
buy-back of perpetual loan participation notes
-6.8
-0.4
proceeds from sale of previously bought-back perpetual loan participation notes
6.8
0.5
amounts paid on perpetual loan participation notes
-7.1
-5.9
net cash used in financing activities
-1246.8
-1575.5
effect of exchange rate changes on cash and cash equivalents
-29.3
42.2
net decrease in cash and cash equivalents
-57.8
-107.4
at the beginning of period
561.6
687.7
at the end of period
503.8
580.3
