Etalon Group Operating Results

BALANCE SHEET mln RUB 1H14 1H15 1H16 2014 2015 2016 mln RUB 1H14 1H15 1H16 2014 2015 2016 Assets Equity and Liabilities Non-current assets Equity PP&E 2,326 2,349 2,433 2,503 2,479 2,889 Share capital Investment property 1,052 618 482 808 538 561 Retained earnings 14,983 14,983 14,999 14,983 14,999 30,259 37,011 40,068 15,070 36,537 39,697 43,052 Other long-term investments 684 684 556 1,036 578 545 Total equity attributable to equity holders of the Company 45,242 51,994 55,067 51,520 54,696 58,122 Trade and other receivables 756 2,164 3,801 2,521 3,303 5,063 Non-controlling interest 387 170 83 351 147 28 Deferred tax assets 710 1,040 1,412 885 1,159 1,414 Total equity 45,629 52,164 55,150 51,871 54,843 58,150 Other non-current assets 10 10 2 10 5 Non-current liabilities Total non-current assets 5,538 6,865 8,686 7,763 8,062 10,472 Loans and borrowings 10,050 Current assets Trade and other payables 13,375 12,950 12,411 678 4,024 610 2,854 13,138 12,415 923 859 Inventories 57,132 Trade and other receivables Short-term investments Cash and cash equivalents 61,131 69,237 17,746 15,926 20,340 5,493 2,122 830 9,635 10,042 15,770 57,525 67,722 15,074 18,227 1,221 733 14,631 71,261 21,409 Provision 91 112 109 114 117 107 Deferred tax liabilities 650 793 Total non-current liabilities 11,469 1,249 1,096 1,456 1,810 18,760 14,765 16,835 15,988 1,557 14,938 11,532 10,206 Current liabilities Other current assets 18 66 7 66 7 Loans and borrowings Total current assets Total assets 95,562 96,152 90,024 89,287 106,184 114,870 88,517 98,221 96,280 103,669 106,283 114,141 Trade and other payables Provisions Total current liabilities Total equity and liabilities 4,689 5,141 8,720 3,880 6,276 32,436 18,451 34,375 21,460 25,630 1,339 1,636 1,860 2,234 3,546 38,464 25,228 44,955 27,574 35,452 95,562 96,152 114,870 96,280 106,283 5,639 33,666 1,748 41,053 114,141 Source: IFRS financial statements for 1H14, 1H15, 1H16, 2014, 2015, 2016 Etalon Group OPERATING RESULTS LANDBANK VALUATION FINANCIAL RESULTS SELECTED PROJECTS APPENDIX 42

View entire presentation