Financing

The Company has loan arrangements with more than 10 Russian banks and enjoys a long-term, positive relationship with a foreign subordinate creditor.

The Company is looking for a long-term financing arrangement in order to expand its services and to grow in accordance with the market. Long-term financing will add to the competitive strengths of the Company.

Balance Sheet Period ending 31 December 2014
In thousands of Russian roubles

Assets
Non-current assets
Fixed Assets	7 020
Construction in Progress	0
Profitable Investment Into the Tangible Assets	7 016 254
Long Term Investments	28 812
Deffered Tax Assets	22 021
Other Non-Current Assets	1 957 276
Total Non-Current Assets	9 031 383
Current assets
Investories	10 066
VAT ON Purchase	23 702
Short Term Accounts Receivable	794 645
Short Term Investments	146 162
Cash And Cash Equivalents	115 662
Other Current Assets	966 179
Total current Assets	2 056 416
Total Assets	11 087 799
Liabilities
Owner's Equity
Nominal Capital	50 000
Retained Earnings	606 581
Total Owner's Equity	656 581
Long Term Labilities
Loans payable	6 175 440
Deferred Tax Liabilities	151 839
Other Long Term Liabilities	0
Total Long Term Liabilities	6 327 279
Short Term Liabilities
Loans payable	543 510
Accounts Payable	554 396
Deferred revenue	2 993 380
Other short Term Liabilities	12 653
Total Short Term Liabilities	4 103 939
Total Liabilities	11 087 799