Investor Presentaiton
Strong balance sheet secured by robust cash collections
Liquidity position, RUB mln*
30.06.2013
1,076
net debt
Debt maturity profile
(as of 30/06/2014; RUB mln)*
272
2,249
4,285
Gross debt composition (RUB 14,739 mln as of 30/06/2014)*
By type of facility
By currency
31.12.2013
30.06.2014
182
net debt
349
net cash
1,269
14,739
6,664
•
2014
2015
2016
2017
2018-2021
Total
*Source: IFRS financial statements
Etalon Group
66%
11%
34%
■Local
bonds
■RUB
■Bank
loans
EUR
89%
FX sensitivity
•
Company estimates that only c. 15% of total construction
costs linked to USD
Foreign currency denominated debt to cash ratio is 0.4 (as of
30 June 2014)
USD/RUB fx rate as at 30 June 2014
33.63
EUR/RUB fx rate as at 30 June 2014
45.83
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