Annual report 2007 - Magnitogorsk Iron & Steel Works ...

ASSETS
I. NON-CURRENT ASSETS
Line code
At year
beginning
2 3
At year end
Intangible assets 110 722,295 859,317
Fixed assets 120 56,827,039 59,408,574
Construction in progress 130 7,823,448 24,068,286
Income-bearing investments in valuables 135 511,707 247,302
Long-term financial investments 140 14,777,125 33,721,452
Deferred tax assets 145 38,588 63,144
Other non-current assets 150 230,665 259,764
Total for section I 190 80,930,867 118,627,839
II. CURRENT ASSETS
Inventories 210 12,585,605 15,288,477
including:
raw materials, materials and similar valuables 211 8,133,833 10,510,564
expenses attributable to work in progress 213 2,832,206 2,801,767
finished products and goods for resale 214 426,628 1,056,451
expenses prepaid 216 1,192,938 919,695
VAT on valuables acquired 220 2,253,157 2,977,039
Accounts receivable (with payments expected in more than
12 months after the reporting date) 230 719,704 389,824
including:
buyers and customers 231 44,074 25,374
debt of subsidiary and related companies 233 165,395 157,859
Accounts receivable (with payments expected within
12 months after the reporting date) 240 16,732,149 23,816,194
including:
ANNUAL REPORT OPEN JOINT-STOCK COMPANY MAGNITOGORSK IRON & STEEL WORKS
BALANCE SHEET
as of December 31, 2007
Unit thousand rubles
SEASON 2007
buyers and customers 241 8,206,073 9,936,031
debt of subsidiary and related companies 243 2,619,273 3,038,450
advances paid out 245 2,254,622 1,600,983
Short-term financial investments 250 12,449,413 39,315,843
Cash 260 2,138,642 2,819,757
Total for section II 290 46,878,670 84,607,134
BALANCE 300 127,809,537 203,234,973
233