Consolidated statement of comprehensive income

for the year ended 31 December 2010
(all amounts are presented in thousands of Russian Roubles,
unless otherwise stated)

  Note 2010 2009
Sales 21 97,787,533 73,577,249
Cost of sales 22 (50,205,529) (42,884,070)
 
Gross profit   47,582,004 30,693,179
 
Distribution costs 23 (17,784,897) (16,944,421)
General and administrative expenses 24 (3,754,449) (3,261,398)
Other operating income/(expenses) 25 (16,695) 225,029
 
Operating profit   26,025,963 10,712,389
 
Dividend income 10 147,946 2,168,715
Gain/(loss) on disposal of non-current assets held for sale 26 (429,598) 358,878
Fair value gain on trading investments   – 139,584
Gain on disposal of available-for-sale investments 10 1,407,261 966,640
Financial foreign exchange gain/(loss) – net   (389,660) 748,903
Interest income   180,444 399,724
Interest expense   (2,066,011) (1,983,587)
Other financial income 27 134,831 193,458
 
Profit before taxation   25,011,176 13,704,704
 
Income tax expense 28 (4,958,699) (2,629,256)
 
Net profit for the period   20,052,477 11,075,448
 
Other comprehensive income/(loss)
 
Currency translation differences, net of tax   (695,283) 364,188
Revaluation of available-for-sale investments 10 9,642,508 1,689,667
Disposal of available-for-sale investments – reclassification of revaluation to profit and los 10 (1,407,261) (966,640)
Total other comprehensive income for the period   7,539,964 1,087,215
 
Total comprehensive income for the period   27,592,441 12,162,663
 
Net profit for the period attributable to:
Owners of the parent   19,997,844 11,111,048
Non-controlling interests   54,633 (35,600)
    20,052,477 11,075,448
 
Total comprehensive income/(loss) attributable to:
Owners of the parent   27,588,209 12,189,656
Non-controlling interests   4,232 (26,993)
    27,592,441 12,162,663
 
Earnings per share – basic and diluted (in RR) 29 294.38 163.56

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