vtb bank consolidated statements of cash flows
for the years ended 31 december -in billions of russian roubles
cash flows from operating activities
interest received
1043.7
813.7
interest paid
-785.2
-442.4
payments to deposit insurance system
-8.7
-7
gains received on operations with financial assets at fair value through profit or
gains received from extinguishment of liability
-
1
gains received on dealing in foreign currency
18.8
80.7
fees and commissions received
97.6
83.4
fees and commissions paid
-22.7
-18.6
other operating income received
22.9
12.3
other operating expenses paid
-5.3
-6
staff costs administrative expenses paid
-213.5
-182.7
income received from non-banking activities
39.4
50.7
expenses paid in non-banking activities
-35.3
-38.7
net insurance premiums received
92.1
43.9
net insurance claims paid
-37.4
-35.1
income tax paid
-15.1
-20.6
cash flows from operating activities before changes in operating assets and
net decrease/-increase in operating assets
net decrease/-increase in mandatory cash balances with central banks
15.2
-27
net increase in restricted cash
-0.8
-0.3
net increase in correspondent accounts in precious metals
-0.9
-1.6
net decrease/-increase in financial assets at fair value through profit or loss
63.1
-40
net increase in due from other banks
-558.5
-239.2
net increase in loans and advances to customers
-466.7
-2159.5
net increase in other assets
-37.4
-25
net -decrease/increase in operating liabilities
net increase in due to other banks
499.5
116
net increase in customer deposits
1368.7
1 120
net increase/-decrease in debt securities issued other than bonds issued
0.4
-3.5
net -decrease/increase in other liabilities
-39.5
19.6
net cash from/-used in operating activities
1061.5
-837.6
cash flows used in investing activities
dividends and other distributions received
1.0
1.8
proceeds from sales or maturities of investment financial assets available-for-sale
225.2
190.7
purchase of investment financial assets available-for-sale
-232.0
-324.9
purchase of subsidiaries net of cash
45
-
2.5
disposal of subsidiaries net of cash
2.8
17.2
purchase of and contributions to associates
-0.6
-0.7
proceeds from sale of share in associates
-
4
proceeds from distribution to shareholders of associates
-
1.6
purchase of investment financial assets held-to-maturity
-63.9
-1.6
proceeds from redemption of investment financial assets held-to-maturity
3.0
1.9
purchase of land premises and equipment
-51.1
-49.6
proceeds from sale of land premises and equipment
4.3
6.4
purchase or construction of investment property
-17.3
-20.8
proceeds from sale of investment property
4.6
3.5
purchase of intangible assets
-5.8
-6.1
proceeds from sale of intangible assets
0.6
0.4
net cash used in investing activities
-129.2
-173.7
the notes № 1-60 form an integral part of these consolidated financial statements
vtb bank consolidated statements of cash flows -continued
for the years ended 31 december -in billions of russian roubles
cash flows from financing activities
dividends paid
-18.0
-16.3
proceeds from issuance of local bonds
-
101.5
repayment of local bonds
-76.2
-48
buy-back of local bonds
-13.0
-84.3
proceeds from sale of previously bought-back local bonds
24.3
15.3
proceeds from issuance of eurobonds
-
7.5
repayment of eurobonds
-319.7
-41.2
buy-back of eurobonds
-40.7
-30.6
proceeds from sale of previously bought-back eurobonds
26.5
17.3
proceeds from syndicated loans
15.7
2.5
repayment of syndicated loans
-28.7
-108
proceeds from other borrowings and funds from local central banks
10731.0
9353.7
repayment of other borrowings and funds from local central banks
-11369.2
-8045.5
proceeds from subordinated debt
-
113.5
repayment of subordinated debt
-53.9
-218.8
buy-back of subordinated debt
-4.3
-2
proceeds from sale of previously bought-back subordinated debt
8.5
1.2
proceeds from share issue less transaction costs
-
214
cash received from sale of treasury shares
13.6
15.1
cash paid for treasury shares
-6.5
-18.1
cash paid for purchase of non-controlling interests in subsidiaries and non-parent
interests in consolidated funds
-
-21.6
buy-back of perpetual loan participation notes
-0.9
-2.5
proceeds from sale of previously bought-back perpetual loan participation notes
0.5
2.4
amounts paid on perpetual loan participation notes
-13.1
-9.4
net cash -used in/ from financing activities
-1124.1
1197.7
effect of exchange rate changes on cash and cash equivalents
65.7
153.2
effect of hyperinflation
-
-0.5
net -decrease/increase in cash and cash equivalents
-126.1
339.1
at the beginning of period
687.7
348.6
at the end of period
561.6
687.7
