Consolidated statement of financial position

as at 31 December 2009
(all amounts are presented in thousands of Russian Roubles, unless otherwise stated)

  Note 31 December
2009		 31 December
2008
ASSETS      
Non-current assets:      
Property, plant and equipment 7 56,382,417 41,197,799
Exploration rights 11 7,271,496 7,163,276
Goodwill 8 204,866 204,866
Intangible assets 9 427,457 537,568
Restricted cash 15 179,115 30,053
Available-for-sale investments 10 33,619,657 13,899,438
Other non-current assets 29 247,893 –
Deferred tax assets 26 1,328,848 1,380,972
Total non-current assets   99,661,749 64,413,972
Current assets      
Inventories 13 8,105,067 11,182,594
Trade receivables 14 2,151,240 3,184,371
Prepayments, other receivables and other current assets 14 7,630,102 10,612,755
Originated loans 12, 28 – 5,729,178
Trading investments 16 – 172,271
Restricted cash 15 551,086 481,912
Cash and cash equivalents 15 10,676,772 26,225,350
Total current assets   29,114,267 57,588,431
Assets of disposal group classified as held for sale   – 273,071
TOTAL ASSETS   128,776,016 122,275,474
LIABILITIES AND EQUITY      
Equity      
Capital and reserves attributable to owners of the parent      
Share capital 17 6,800,000 6,800,000
Treasury shares 17 (7,760) (7,760)
Retained earnings and other reserves   65,644,137 53,434,538
    72,436,377 60,226,778
Non-controlling interests   758,683 809,874
Total equity   73,195,060 61,036,652
Non-current liabilities      
Bank borrowings 18 26,556,324 34,418,679
Bonds issued 19 8,724,895 8,453,611
Other non-trade payables   430,393 305,101
Deferred income tax liabilities 26 1,972,782 1,842,981
Total non-current liabilities   37,684,394 45,020,372
Current liabilities      
Bank borrowings 18 12,491,434 9,093,277
Trade payables 20 1,373,488 1,793,635
Other accounts payable and accrued expenses 20 3,574,522 3,960,747
Income tax payable   108,465 720,690
Other taxes payable   348,653 618,990
Total current liabilities   17,896,562 16,187,339
Liabilities of disposal group classified as held for sale   – 31,111
Total liabilities   55,580,956 61,238,822
TOTAL LIABILITIES AND EQUITY   128,776,016 122,275,474

Approved on behalf of the Board of Directors on 19 March 2010

D.S. Strezhnev
Chief Executive Officer

A.A. Ilyin
Chief Financial Officer

The accompanying notes on this page are an integral part of these consolidated financial statements.