INSURANCE COMPANY

ARSENAL LLC

Consolidated statement of financial position as at December 31, 2012









ASSETS


Notes

December 31,

2012


December 31, 2011


January 01,

2011




RUB ‘000

 

RUB ‘000

 

RUB ‘000

Property, plant and equipment



11,493


1,085


45

Investment property



222,220


222,020


0

Financial assets available for sale



0


216,035


67,420

Inventory



7


25


5

Financial assets recorded at amortized cost:








- loans granted



49,787





Investment assets measured at fair value:








- shares



199,941


0


35

Reinsurers’ share in insurance reserves for insurance other than life insurance



7,539


250


34

Accounts receivable under insurance and co-insurance operations



110,371


12,948


0

Other accounts receivable with maturity within 12 months after the reporting date



74,000


6,013


680

Deposits with banks



198,000


10,000



Cash and cash equivalents



173,108


148,474


55,174









Assets total



1,046,466


616,850


123,393









LIABILITIES AND EQUITY






Liabilities
















Insurance reserves on insurance other than life insurance



154,970


27,952


20,525

Borrowings



62,010


-


-

Accounts payable on insurance and co-insurance operations



36,385


360


3

Accounts payable on reinsurance operations



104


25



Other accounts payable



19,981


13,530


1,475

Other liabilities



0


215


215

Deferred tax liabilities



3,609


1,343


28

Liabilities total



277,059


43,425


22,246









Equity








Authorized capital



652,020


502,020


90,000

Reserve capital



268


268


268

Retained earnings



117,119


71,137


10,879

Equity total



769,407


573,425


101,147









Liability and equities total



1,046,466


616,850


123,393

Off-balance sheet and contingent liabilities