eurochem-annual-report-2011

Financial information
Consolidated statement of financial position
as at 31 December 2011
(all amounts are presented in thousands of Russian Roubles, unless otherwise stated)
Note
31 December
2011
31 December
2010
ASSETS
Non-current assets:
Property, plant and equipment 7 100,752,901 73,121,566
Mineral rights 10 14,271,178 7,318,107
Goodwill 295,275 204,866
Intangible assets 8 610,463 814,523
Restricted cash 13 7,980 143,898
Available-for-sale investments 9 11,044,815 34,680,888
Available-for-sale investments pledged as collateral 9 11,423,184 3,182,443
Derivative financial assets 17 124,353 –
Deferred tax assets 26 1,806,374 969,064
Other non-current assets 167,920 –
Total non-current assets 140,504,443 120,435,355
Current assets:
Inventories 11 14,957,399 9,827,892
Trade receivables 12 3,435,913 2,710,818
Prepayments, other receivables and other current assets 12 10,190,762 7,523,132
Originated loans 29 6,301,867 –
Derivative financial assets 17 – 36,751
Restricted cash 13 77,238 37,461
Fixed-term deposits 13 20,865,910 –
Cash and cash equivalents 13 8,506,949 8,896,623
Total current assets 64,336,038 29,032,677
TOTAL ASSETS 204,840,481 149,468,032
LIABILITIES AND EQUITY
Equity attributable to owners of the parent:
Share capital 14 6,800,000 6,800,000
Treasury shares 14 (29,679,427) (7,760)
Retained earnings and other reserves 106,265,011 87,388,382
83,385,584 94,180,622
Non-controlling interests 6,985,154 323,896
Total equity 90,370,738 94,504,518
Non-current liabilities:
Bank borrowings 15 73,228,199 11,464,834
Bonds issued 16 9,964,656 18,772,380
Derivative financial liabilities 17 493,739 –
Deferred income tax liabilities 26 4,681,605 1,908,932
Other non-current liabilities and deferred credits 894,977 795,321
Total non-current liabilities 89,263,176 32,941,467
Current liabilities:
Bank borrowings 15 4,167,140 12,589,767
Bonds issued 16 9,332,241 –
Derivative financial liabilities 17 167,050 127,981
Trade payables 19 3,061,104 2,182,951
Other accounts payable and accrued expenses 19 6,378,011 5,860,875
Income tax payable 1,436,216 682,050
Other taxes payable 664,805 578,423
Total current liabilities 25,206,567 22,022,047
Total liabilities 114,469,743 54,963,514
TOTAL LIABILITIES AND EQUITY 204,840,481 149,468,032
Approved on behalf of the Board of Directors 14 February 2012.
Dmitry Strezhnev Andrey Ilyin
Chief Executive Officer Chief Financial Officer
The accompanying notes on pages 81 to 116 are an integral part of these consolidated financial statements.
Annual Report and Accounts 2011 EuroChem 77
Financial information