Consolidated statement of profit and loss and other comprehensive income

FOR THE YEAR ENDED 31 DECEMBER 2013
(all amounts are presented in thousands of Russian Roubles, unless otherwise stated)

Note

2013

2012

Sales

25

176,936,599

166,477,729

Cost of sales

26

(112,797,010)

(97,767,726)

     

Gross profit

64,139,589

68,710,003

       

Distribution costs

27

(25,261,400)

(23,290,805)

General and administrative expenses

28

(6,709,434)

(5,598,628)

Other operating income/(expenses), net

29

(425,379)

370,529

     

Operating profit

31,743,376

40,191,099

       

Write-off of portion of assets at the Gremyachinskoe potash deposit

8

(3,685,995)

Share of profit from associates

13

379,105

Dividend income

12

114,204

101,676

Gain/(loss) on disposal of available-for-sale investments

12

(1,549,245)

568,382

Interest income

251,809

634,907

Interest expense

(5,153,290)

(4,293,356)

Financial foreign exchange gain/(loss), net

(5,891,792)

4,315,355

Other financial gain/(loss), net

30

(944,708)

2,466,212

Profit before taxation

18,949,459

40,298,280

       

Income tax expense

31

(6,693,814)

(7,729,130)

     

Profit for the period

12,255,645

32,569,150

 

Other comprehensive income/(loss) that may be reclassified to profit and loss in subsequent periods

Currency translation differences, net of tax

5,184,507

(236,736)

Revaluation of available-for-sale investments, net of tax

12

(1,419,124)

711,688

Disposal of available-for-sale investments – reclassification of revaluation to profit and loss, net of tax

12

1,549,245

(568,382)

Total other comprehensive income/(loss) for the period that may be reclassified to profit and loss in subsequent periods

5,314,628

(93,430)

 

Other comprehensive income/(loss) that will not be reclassified to profit and loss in subsequent periods

Remeasurements of post-employment benefit obligations, net of tax

26,867

Total other comprehensive income/(loss) for the period that will not be reclassified to profit and loss in subsequent periods

26,867

Total comprehensive income for the period

17,597,140

32,475,720

 

Profit/(loss) of the period attributable to:

Owners of the parent

12,261,945

32,575,818

Non-controlling interests

(6,300)

(6,668)

12,255,645

32,569,150

 

Total comprehensive income/(loss) attributable to:

Owners of the parent

17,596,972

32,480,365

Non-controlling interests

168

(4,645)

17,597,140

32,475,720

       

Earnings per share – basic and diluted (in RR)

32

209.05

528.99

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