-in billions of russian roubles for the three-month period
cash flows from operating activities
interest received
276.2
180.7
gains from operations with financial assets at fair value through profit or loss
–
12.5
gains received from extinguishment of liability
–
0.3
gains received on dealing in foreign currency
20.4
8.4
fees and commissions received
21.1
19
fees and commissions paid
-5.0
-3.9
other operating income received
4.2
2.4
staff costs administrative expenses paid
-72.3
-55
income received from non-banking activities
9.5
11.4
expenses paid in non-banking activities
-8.6
-11.1
net insurance premiums received
16.4
17.4
net insurance claims paid
-10.2
-7.3
income tax paid
-9.4
-5.8
cash flows from operating activities before changes in operating assets
net decrease/-increase in operating assets
net increase in mandatory cash balances with central banks
-3.6
-5.2
net -increase/decrease in restricted cash
-0.1
0.5
net decrease/-increase in correspondent accounts in precious metals
2.0
-26.2
net decrease in non-derivative financial assets at fair value through profit or loss
86.2
20.4
net -increase/decrease in due from other banks
-631.2
96.8
net decrease/-increase in loans and advances to customers
287.3
-353.4
net decrease/-increase in other assets
15.7
-25.2
net -decrease/increase in operating liabilities
net decrease in due to other banks
-1.8
-83.2
net increase in customer deposits
757.6
576.7
net increase in debt securities issued other than bonds issued
3.9
3
net -decrease/increase in other liabilities
-44.0
19.8
net cash from operating activities
515.7
310
cash flows used in investing activities
dividends and other distributions received
0.1
–
proceeds from sales or maturities of investment financial assets available-for-sale
66.3
36.8
purchase of investment financial assets available-for-sale
-59.6
-121.7
purchase of subsidiaries net of cash
35
–
0.2
disposal of subsidiaries net of cash
35
–
-3.7
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
-15.0
–
proceeds from redemption of investment financial assets held-to-maturity
0.2
–
purchase of land premises and equipment
-15.3
-11.5
proceeds from sale of land premises and equipment
0.3
1.2
purchase or construction of investment property
-2.6
-9.5
proceeds from sale of investment property
0.9
1.2
purchase of intangible assets
-2.4
-1.6
proceeds from sale of intangible assets
–
0.1
net cash used in investing activities
-27.1
-103.8
the notes № 1-37 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 2015 -unaudited
-continued -in billions of russian roubles for the three-month period
cash flows used in financing activities
proceeds from issuance of local bonds
0.1
0.9
repayment of local bonds
-22.8
-5.8
buy-back of local bonds
-1.7
-7.6
proceeds from sale of previously bought-back local bonds
1.0
3.9
proceeds from issuance of eurobonds
–
0.1
repayment of eurobonds
-134.0
-17.5
buy-back of eurobonds
-14.5
-6.9
proceeds from sale of previously bought-back eurobonds
8.4
–
proceeds from syndicated loans
–
0.4
repayment of syndicated loans
-1.3
-0.2
proceeds from other borrowings and funds from local central banks
3215.2
1060.9
repayment of other borrowings and funds from local central banks
-3554.8
-1050.8
repayment of subordinated debt
–
-4.3
buy-back of subordinated debt
-2.3
-0.9
proceeds from sale of previously bought-back subordinated debt
1.2
0.6
cash received from sale of treasury shares
2.4
4.9
cash paid for treasury shares
-2.2
-4.3
buy-back of perpetual loan participation notes
-0.4
-0.6
proceeds from sale of previously bought-back perpetual loan participation notes
–
0.5
net cash used in financing activities
-505.7
-26.7
effect of exchange rate changes on cash and cash equivalents
-1.4
18.7
effect of hyperinflation
–
-0.3
net -decrease/increase in cash and cash equivalents
-18.5
197.9
at the beginning of period
687.7
348.6
at the end of period
669.2
546.5
