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3Q ZOO, 3QKOl/111101/llllicR 31 o eKa6pR 2016 zooa

TblC. py6. np111\I. 2016 2015

8b1py11Ka 5 56 700 161 52 404 116

Ce6ecroHMOCTb npoJia)f( 6 (44 221 268} (38912299}

BaJloeasi np116b1Jlb 12 478 893 13 491 816

A.nMHHHc-rpar1rnttb1e pacxo.nb1 7 (2 599 476) (2 672 085)

npo11He JlOXO.llbl 8 3 644 947 2 425 524

Opo'me pacxo.nb1 9 (I 028 787) (2 957 228}

Oncpau1101111asi npn6bIJlb 12 495 577 10 288 028

<l>HHaHCOBble .llOXO.llbl IO 240 926 524 089

<l>HHaHCOBble paCXO.llbl IO {103 268} {391 077}

Hcrro-ecJln•mna <1>111rn11coeb1x .noxo}loe 137 658 133 012

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0 p116b1Jlb JlO 113JlOro06JlOiKCllllSI 12 646 487 10 434 371

,ll;oxo.n/(pacxo.n) no Hanory Ha npH6btJlb 13 666 545 (2 559 617)

npn6b1Jlb Ja ro.n 13313032 7 874 754

0pH6bJJlb, npll'IHTlllOIUllCCSI!

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)J;epiKaTCJl.RM HeKOHT))OJlliPYIOllllfX .nonen y11acTH.R 3 908 13 147

0pn6bIJlb 33 ro.n 13313032 7 874 754

npottnil COBOKYUllblil .noxo.n/(pacxo.n), npllttllTlllOIUllilCSI Co6cTec111111KaM Kol\ma111111, 11c noJlJlCiKaiunil e noCJJc.ncTBHH ncpCKJ18CCll<j>llK8Ullll B npu6btJ1H II y6bJTKll

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l-1Toro npo•mil coe0Kym1btil JlOXOJl/(pacxo.n) Ja BbtlfCTOM HllJlOrDB 59 568 ~3 327~

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06iunfi COBOKyn11btfi .noxo}l, npnttllTlllOIUllilCSI:

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npo1111ii COBOKYnllblii p3CXOll 33 roll - - - (3 327) (3 327) - (3 327)

06w11ii COBOKym11.1ii llOXOll Ja roll - - - 7 858 281 7 858 28 1 13 147 7 871 427

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BKJlallLI co6crec1m11Koe 11 BblJIJUITbl co6cTocmmKa111

8KJJall e ycrueHblii K3mtTaJJ - 940 000 - - 940 000 - 940 000

)l.1m1rne11llbt co6cToe111mK311l - - - (53 346) (53 346) (27 800) (81 146)

11Toro BKJ13llOB COUCTBCllHllKOB II BLIJIJ13T

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)l.1m11llCHLlbt co6crne mm Kalil - - - (66 554) (66 554) (9 512) (76 066)

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11Toro BKJlllllOB COUCTBCHHllKOB II BbntJlaT

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9

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n ocrynneHHll OT npO.llall\H OCHOBHblX CpCllCTB

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B KOTOpOH npe.ncrnan eHa HaCTOS!ll.laJI KOHCon 11.n11poBaHHruJ cjJHHaHCOBaSI OTLJeTHOCTb. Bee lJHCnOBbte

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4 HcnoJib30Bauue pacqeTHbIX oueuoK u np0<J>eccuouaJibHbIX cy~euuii

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KOTOpble BnHSllOT Ha TO, KaK npHMeHSllOTCSI nonm1ceHHSI yLJeTHOH nonHTHKH H B KaKHX cyMMaX

OTp<rn<aIOTCSI aKTHBbl, 06S13aTenbCTBa, .UOXO,!lbl H paCXO,!lbl. <DaKTHLJeCKHe pe3ynbTaTbl MOryr

OTnt14aTbCSI OT JTHX oueHOK.

,aonymeHHSI H c.nenaHHble Ha HX OCHOBe pacLJeTHble oueHKH perynHpHO aHaJIH3HpytoTCSI Ha npe.nMeT

1-1eo6xo.n11MOCTH HX H3MeHeHHSI. H 3MeHeHHSI a pacLJeTHbIX oueHKax npH3HatoTcl! a TOM oTLJeTHOM

nep110.ne, Kor.na JTH oueHKH 6binH nepecMoTpeHbI, H so acex nocne.ny1om11x nep110.nax, 3aTpoHyrbtX

yKaJaHHbIMH H3MeHeHHHMH.

HHcj>opMaUHll o Ha116onee BIDl<HbtX C~KJleHHHX, ccj>OpMHpoaaHHbIX a npouecce np11MeHeHHS1

non011ceHHH yLJeTHOH nonHTHKH H OKa3aBWHX HaH6onee 3HalJHTenbHOe BnHSIHHe Ha cyMMbl,

OTpa)KeHHble B cj>HHaHCOBOH OTLJeTHOCTH, npeACTaBneHa B cn e.ny1om11x npHMeLJaHHSIX:

• np11MeLJaHHe 14 - OcHOBHble cpe.ncrna;

• npHMeLJaHHe 25 - <llHHaHCOBbte HHCTpyMeHTbl H ynpaaneHHe pHCl<aMH;

• np11MeLJaHHe 13 - Pacxo.n no Ha.nory Ha npH6binb: npH3HaHHe OTnO)l\eHHblX HaJIOfOBblX aKTHBOB

11 06S13aTenbcTB;

13

5

6

AO «Mocaoomw11aJ1» n p 11.,11e 1tallllR 1' 1'01/COJl llOllpOGGllllOli rp111tGllCOGOli Olll'le l/l /IOClllll 3G ZOO, 3G1'0/l'lllGUlllliCJI JI oei;a 6pR 2016 i'OOG

HHq>opMau1rn 0 .nonymemrnx H Heonpe.neneHHOCTH B OTHOWeHHH pacYeTHblX oueHOK, c KOTOpblMH

conpmKeH 3Ha4HTeJ1bHblH pHCK Toro, 4TO B c n e.ny1omeM OTYeTHOM roJJ,y noTpe6yeTCH cymecTBeHHO

H3MeHHTb OTpcrn\eHHble B qrnHaHCOBOH OTYeTHOCTH noKa3aTeJ1H, npe.ncTaBJleHa B cne.ny1om11x

np11MeYaHHHX:

• np11MelJaJ-1He 14 - KJllOYeBble .nonymeHHH npH onpe.neneHJm B03MemaeMOH CTOHMOCTH

OCHOBHblX cpe.ucrn;

• np11MeYam1e 13 - Pacxo.n no Hanory Ha npH6blJ1b: npH3HaHHe OTJlQ)l\eHHblX HaJlOfOBblX aKTHBOB

H o6H3aTeJ1bCTB.

BbrpyllKa

TblC. py6. 2016 2015

8b1py•1Ka OT ycnyr no BO.!lOCHa61KeHlllO 11 BO.!lOOTBe.!leHlllO 45 625 509 43 943 745

8b1pyttKa no cornawemuo o KOMneHcau1111 noTepb 3 233 424 2 995 450

nJlaTa Ja HeraTHBHOe BOJ.!lettCTBl1e Ha OKpylKalOUlYIO cpe.!ly 3 143 500 2534477

Bh1pyttKa no norosopaM Ha TexH11•1ecKoe np11coemrnem1e 2 080 285 1 623 773

8btpy•1Ka OT peamnau1rn npornsoroJ10J1e.!lHOro peareHra 844 878

,1],0XO.!l OT apeH.!lbl 11Mywecrna 121 838 131 659

npo•raH Bb1py•11\a 1650727 1 175 012

HToro Bbtpy<1K11 56 700 161 52404116

npottaH Bblpy<IKa BKJll04aeT B ce611 BblPY'IKY OT ycllyr no np11eMy CHera B CllCTeMy ropO.!lCKOfl KaHaJ111Jamm, OT npona;1rn 11 nepenatt11 3JleKrp03HeprrrH 11 npo•1ee. 8 2016 rony no crpoKe npo•raH BblpyttKa TaK/Ke 6b1J1a orpa;KeHa Bblpy<1Ka OT pean113aurm crpo1neJ1bHO-MOHTaiKHblX pa6oT, He OTHOCHUlllXCH I\ o6beKTaM BO.!lOCHafoKeHlrn H BO.!lOOTBe.!leHIUI. B 2015 rony ra1rne ycllyrn He OKa3blBaJ111Cb.

Ce6ecTOHMOCTh

TblC. py6. 2016 2015

Pacxo.!lbl Ha orutary rpyna 11 or<mcJ1eH11H Ha cour1anbHb1e HYIK.!lbl (np11MettaH11e 12) 12 255 133 11 321 017

AMopT1nau1rn (np11Me'laH11e 14) 8 978 856 6 799 616

Ycllyrn rpeTbHX mm, cs11JaHHh1e c oKaJaHHeM ycJ1yr no BO.!lOCHa6i1\eH1UO 11 BO.!lOOTBe.!leHHIO 6 732 706 6 369 475

MaTep11anb1 11 peareHTbl 5 510 349 4 182 733

Pacxo.!lbl Ha peMOHT 11 06cJ1y1K11BaH11e 4 129 771 4 184 038

3lleKrp03Heprrrn 3 236 852 3 046 927

Pacxo.!lbl Ha apeH.!lY 773 432 851 594

Hanorrr (KpoMe Hanora Ha np116blllb) 729 269 750 355

CrpaxosaH11e 413 267 441 419

npottlle paCXO.!lbl 1 461 634 965 125

44 221 268 38 912 299

Ycllyrrr rpeTbl1X mm, CBHJaHHble c OKa3aHlleM ycJ1yr no BO.!lOCHa61KeHHIO 11 BO.!lOOTBe.neHlllO, BKJll01lalOT YT11lll1Jau1110 CTO'IHblX BO.!l, pacXO.!lbl no BO.!lOCHa6il\e1m10, MexaH11•1ecKoe 06eJBOil\MBaH11e, Qlf11CTKY nllTbeBofl BO.!lbl , rpaHcnopTHble ycJ1yrn 11 .npyrne Blt.!lbl ycJ1yr.

14

A 0 (( ftf (}C(J(J()O/;Q/l(Uj)I

flp1we•ia1111J1 i;1;o11co.wd11poaa111101/ <fm11a11coaml 0111•1e11111oc111113a zod, 3ai;o11•111a111111icR 31 dei;a6pR 2016 i'Oda

npot111e paCXO.llbl BKJUO'la!OT B ce611 paCXO.llbl Ha Tenno:rneprmo, KOMMYHllKaUllOHHbte II HHTepHeT ycnyru, no)t(apHy10 6eJonacHOCTb, rnnmrno, KaHuen11pcK11e np11Ha.llne)t(HOCTll, BblBOJ Mycopa 11 npo'tee.

7 AtlMHHHCTpaTHBHbie pacxo_ub1

8

TblC. pyfi.

Onnarn TPY.lla nepcoHana (np11Me<ta1me I 2)

AeTOMannau1rn npoueccoe II conpOBO)t(lleH11e no

CeHJb 11 TexH11<1ecKoe 06cny11meam1e

KoHcynbTaUHOHHbte ycnyrn

AMoprnJauirn (np11MeYam1e 14)

Ycnyru no oqiopMnemno npae 11MymecTBeHHOro KOMnneKca

npo<111e a11MllHllCTPaT11BHble paCXO.!lbl

Ilpo•-rne .uoxo_ub1

TblC. pyfi.

BoccrnHoenem1e pe3epea non 06ecueHem1e ocHOBHblX cpe.ucTB (np11Me'taH11e I 4)

Cn11caH11e KpemnopcKoii 3a11on)t(eHHocn1

,ll.OXO.ll OT BOCCTaHOeneHllSI 0611JaTenbCTB no np11pO.llOOxpaHHblM Meponp11HTllSIM (np11Me'taH11e 22)

J13m1wK11, BbrneneHHble e peJynbTaTe 1rneeHrnp113au1111

AKryapHble np116b1m1 11 y6blTKH 11 CTOllMOCTb ycnyr npownb1x nep110.lloe (np11MeYaH11e I I)

npo411e llOXO.llbl

2016

I 882 432

3 I 8 908

136 562

19 185

93 637

148 754

2 599 476

2016

3 436 100

26 74 1

182 106

3 644 947

2015

I 747 098

255 035

125 183

19 282

17 120

39 979

468 388

2 672 085

2015

420 197

13 361

638 282

684 547

329 327

339 8 IO

2 425 524

15

AO «Afocaooo1wmm» flp11.111e•ia1111R i..· i..·011co1111011poaa111101i qJ1111a11coao1i 0111•1e11111oc11111 3a i!OO, 3QK011'11161111tliCR 31oeKa6pR2016 zooa

9 Ilpoque pacxo~bl

ThlC. py6.

Pe3eps no COMH11TeJJbHbIM .uoJJraM

Y6bITOK OT BbI6b1rnii ocHOBHblX cpe.ucrn H H3C

Ha4HCJJeHHe pe3epeos no np11ponooxpaHHblM MeponpHRTHRM H

cy.ue6Hb1M HCKaM (np11Me'taHHe 22)

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nepuo.uos (np11Me4aH11e 11)

CnucaHHe n11p

npo4He paCXO.!lbl

10 Herro-BeJrnquua «t>uuaucoBblX ~oxo~oB u pacxo~oB

ThlC. py6.

np113HllHHhlC B COCTllBC np1161>1Jlll llJlll y61>1TKll

npoueHTHblH .!lOXO.!l

Herro-eeJJH4HHa np116b1JJH OT 1nMeHeH1rn o6MCHHblX

Kypcoe HHOCTpaHHblX BaJJIOT

CJ>UHllHCOBhlC !IOXO.!lhl

npoueHTHble paCXO.!lbl

Herro-sem1•111Ha y6blTKOB OT HJMeHeHHR o6MeHHblX

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Herro-eeJJuttuua <f>1111aucoei.1x .uoxo!loB, np113HaHHaH B

COCTllBC npH6hlJJll llJJll y61>1TKa Ja nepuo.u

npuM.

2016 2015

422 364 I 038 125

390 463 368 212

94 284 396 936

92 187 90 854

387

508 195

29 102 554 906

l 028 787 2 957 228

2016 2015

240 926 457 541

66 548

240 926 524 089

(94 371) (391 077)

(8 897)

(103 268) (391 077)

137 658 133 012

16

AO «MocaoOol\llllfLll»

np111i1C1ta1111R 1' 1'<JllC<JJ/11011poaa111101i rjm11a11coao 1i 01111/ClllllOClllll 30 i'OO, 301'011111/GlttllliCR 310C1'a6pR2016 i!OOa

11 Bo3uarpam,neuue pa6oTHHKaM

B coorneTCTBHH c KOJ!JleKTHBHblM .norosopoM f pynna o6ecne4HBaeT COTPYAHHKOB c11e.ny1om11MH

COU.HaJlbHblMH BbmJlaTaMH (B AaJ1bHei1weM - neHCHOHHble nnaHbl) cymecrnyJOUlHM 11 6blBWHM

coTpy.nHHKaM f pynnhl, KOTOpb1e Moryr 6b1Tb, B coorneTcTBHH c MC<l>O 19 «80JHarpID1<.1leHHS1

pa60THHKaM», KJlaCCHQJHU.HpOBaHbl KaK nnaHbl c ycTaHOBJleHHblMH BblnJlaTaMH:

E.n11HospeMeHHasi Bhmnarn npH Bb1xo.ne 1-ia ne1-1c1110

BhmnaTbl Ha norpe6eHHe s c11y4ae CMepTH pa6oTHHKa

BhmnaTbl Ha 106HJJei1 so3pacrn pa6oTHHKOB

BhmnaTbl Ha to6HJJei1 CTIDl<a pa6oTHHKOB

BhmnaTbl Ha norpe6eHHe B cny4ae cMepTH neHcHoHepa

MaTepHailbHasi noMOlllb neHCHOHepaM

B3HOCbl B Herocy.napcrneHHblH neHCHOHHblH cjJoH.n (HTIO) .nm1 BhmnaT neHCHOHepaM

no COCTOHHHIO Ha 31 .ueKa6p.si 2016 ro.na y Ko~maHHH 6blJ10 12 029 pa60TalOlllHX COTPY.UHHKOB

(2015: 11 981 coTpy.UHHKOB) 11 5 599 neHc110Hepos (2015: 5 893 neHc110Hepos), 11Me1omHx npaso

Ha B03HarpIDl\,lleHHe no nnaHaM c ycTaHOBJleHHblMH BbmnaTaMH.

TblC. py6.

Heno-eem11111Ha aKT110a nJJaHa c ycrnHOBJJeHHblMH

BbJTIJJaTaMH

11Toro ah'TUBOB nJJana

06.slJaTeJJbCTBO nnaHa c ycrnHOBJJeHHblMlf Bblnnarn11111

nocJJe OKOH4aHl1ll TJJYllOBOH n eHTeJJbHOCTll

06.slJaTeJJbCTBO nnaHa no npo4HM 11onrocpo11HblM

BbinJJaTaM (CT,ll.B)

11Toro o6Hl3TCJJbCTB no BOll13rpaiK!lCllllHM

pa60TllllK3M

4ncToe o6Hl3TCJlbCTBO nnaua c ycTallOBJlCllllblMll

BbtnJlaTaMH

npuM. 2016 2015

696 460 707 717

288 123 280 477

984 583 988 194

984 583 988 194

f pynna no.nsep1KeHa aKT)'apHblM pHCKaM, TaKHM KaK pHCK H3MeHeHHSI npo.nomKHTeJlbHOCTH J!\H3HH,

BaJllOTHblH pHCK, npou.eHTHblH pHCK H pblH04HblH pHCK (pHCK HHBecrnpoBaHHSI).

17

AO « MocBOO<J1'<111Cl.'l>I

flp 1we •ta11UR !< !<Of/CORll011poaa111101/ <fm11a11coao1/ 0 111•1e 11111oc11111 JO i'OO, JQ/Wll'lllGut llliCR 31 Oei.a6pR 2016 i'OOO

(a) ,ll.BHil\CllHC npllBC.llCHHOH CTOllMOCTll o6SI33TCJlbCTB no nnanaM c ycTaJIOBJICllllblMll

BblOJiaTaMll

B cne.ny1omei1 Ta6m1ue npe.ncrnsneHa csep1<a sxoiu1mero H HCXO.l1l!lUero 06S1JaTenbcTB nnairn c ycTaHOBneHHblMH BblnnaTaMH H HX KOMnoHeHTOB.

TblC. py6.

Canb.110 Ha I llHBapll

On1ece110 11a np116L1J1b 111111 y6btTOK

CTOHMOCTb ycn yr TeKywero nep110.11a

CTOllMOCTb ycnyr npoWJlblX nep11011oe B pe3yJJbTaTe HJMeHeHHll y cnoe11i1

BbinJlaT

npoueHTHblH pacX0.11

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Y6b1TOK (np116blJ1b) OT nepeoueHKll:

Ah.l)'apHble np116b1JJ11 11 y6blTKll, B03HllKWHe B CBll3H c:

- .11eMorpac~11t.tecK11M11 nonyweHHllMll

- QlHHaHCOBblMl1 nonyweHHllMH

- KoppeKT11pOBKaM11 Ha OCHOBe OnblTa

0THCCCllO Ha npO'lllfi COBOKYnllblfi llOX0.11 (BblnJl3Tbl noCJIC OKOH'l3HllH

Tpynonofi .neHTCJ1b11ocr11)

Y6b1TOK (np116b!Jlb) OT nepeoueHKlt:

Ah.l)'apHble np116b1m1 11 y6b1TK11, B03HHKWHe B CBll311 c:

- .11eMorpacjrnt.tecK11M11 .11onyweHHllMl1

- Qll1HaHCOBblM 11 .11onyweHl1llMl1

- KOppeKTllpOBKaMll Ha OCHOBe onblTa

npo'lee

npo113Be.1leHHble BbinJlaTbl

06be.111111e1111e 61nHeca

CaJib.110 11a 31 ncKafipH

(b) 06SIJ3TCJlbCTBO no nnany c ycTaHOBJICHllbllllll BblnJ13T311111

(i) AKmyapllbte i>o11y11(e111m

06SJJ3TCJlbCTBO nJ1a11a c

ycTaHOBJICHHblMll BblnJl8T3Mll

2016 988 195

49 361

5 567

94 121

1 137 244

5 966

4 026

(9 605)

3 855

15 753

(94 068)

1 063 17 1

(78 588)

984 583

2015 I 328 314

47 434

(485 369)

127 485

I 017 864

86 543

15 053

(41 484)

7 767

60 974

(64 583)

1 082 135

(93 941 )

988 194

HIDl<e npe.ncrnsneHbl OCHOBHble aKT)'apHble .nonymeHH.11 Ha OTtteTHYIO .nary (BblpruKeHbl KaK cpe.nHes3seweHHb1e sem1ttHHb1):

CrneKa m1cKOHT11poeamrn Ha 31 11eKa6pll

CrneKa 1111Qin llu1111 Ha 31 11eKa6pll

2016 8,4 %

4,6 %

2015 9,64 %

5,59 %

}J,onymeHHll B OTHOWeHlrn 6y.nymei1 CMepTHOCTH H sepOl!THOCTH ysonbHeHH.11 OCHOBaHbl Ha ny6m1KyeMblX CTaTHCTHtteCKHX .naHHblX, .neMorpaqmtteCKHX Ta6nm . .1,ax CMepTHOCTH H co6crne1moH CTaTHCTHKH fpynnb1. TeKylUHe noKa:mTenH m1rn.naeMOH npo.nom1rnTenbHOCTH )ICHJHH, c y t1eTOM

18

A 0 (( 111 OC6(}0{1/{(llllL'll>

np1L1te•/Qlll/R K KOllCOJ/l/OllpOGG/11/0ii qm11a11coao1i 0/11'/em11ocm11 3G zoo, 3GKOl/ 1/l/6llllllicR 31OeKa6pR2016 zoiJa

KOTOpbIX paCC4HTbJBanacb CTOHMOCTb ofol3aTeJlbCTB no nnaHaM c ycTaHOBJleHHbIMH BbinJlaTaMH, 6bIJlH cne.ny10LUHMH:

Ta6Jmua cMeprnocrn

Ta6mma ysonbHeH111'1

Oi!mitaCMbtii soJpacT BbtXoita 11a ncncmo

My)K•IHHbl

)l{eHLUl1Hbl

2016

MocKBa 2012

OcHoBaHa Ha CTaTHCTHKe rpynnbl

63

60

2015

MocKBa 2012

OcHoBaHa Ha crnrncrnKe rpynnbl

63

60

no COCT051HHIO Ha 31 ,LleKa6p51 2016 ro,na cpe,nHeB3BellleHHa51 npo,nomKHTeJlbHOCTb 06513aTeJlbCTBa no nnaHy c ycTaHOBJleHHbIMH BbinJlaTaMH COCTaBHJla 8, 7 neT (2015: 8,3 neT).

(ii) Amum1 11yac11w1111u!J1Mtoc11111

12

Hm1ce npe.ncrnsneHo, KaKHM o6pa30M Moryr noBJIHHTb Ha senH4HHY o6513aTeJibCTBa no nnaHy c ycTaHOBJleHHblMH BbinJlaTaMH o6oCHOBaHHO B03MQ)l<Hble H3MeHeHH51 O,LlHOro 113 3Hal.JHMbIX aKTYapHblX .nonymeHHH Ha OTl.JeTHYIO .nary, ecJIH .npyrne aKryapHble .nonymeHH51 OCTalOTC51 HeH3MeHHblMH.

31 llCKa6pH 2016 roita, Tb1c. py6.

n pCllllOJIOil\CHllC 11JMCHCHllC BnOT.ll PaJtrnua n,llB 11TOro

CrnsKa + In. n. (69 356) (18 154) (87510) lll1CKOHTHpOBaHJUl -I n. n. 83 768 20 550 104 318

CTaBl\a + In. n. 86 221 21 132 I 07 353 1rnq>mm1111 - I n. n. (72 275) ( 18 944) (91 219)

Ta6mma + 10% (5 452) (8 231) (13 683) ysonbHeHHH -10 % 5 607 8 536 14 143

Ta6mma + 10% (12 172) (2 115) (14287) CMepTHOCTH -10% 13 549 2 141 15 690

HecMoTpH Ha To, 4TO .naHHbIH aHanH3 He Y4HTbJBaeT nonHoe pacnpe.nenem1e m1m.naeMblX .neHe11rnb1x

noTOKOB no nnaHy, OH o6ecne4HBaeT npH6JIH)l(eHHOe npe,nCTaBJleHHe 0 4YBCTBHTeJibHOCTH YKa3aHHblX .nonymeHHH.

Pacxo)J.bl ua B03Harpam;::i;euue pa6oTHHK3M

TblC. py6. np1tM. 2016 2015

Onnarn TPYlla nepcoHana 11 261 535 10 392169

B3HOCbJ B cj>OHll cou11anbHoro CTPaxosaHHH H

OT•IHCnCHHH B focynapCTBCHHbJJ';j neHCHOHHblH q10Hll 2 876 030 2 628 512

PacXOllbl, OTHOCHUUICCH K nnaHaM c ycTaHOBnCHHblMH BbmnaTaMH 0 49 361 47 434

14 186 926 13 068 115

19

AO «IJfoctJmlmwmL'I» flp zwe•IOlll lR 1' 1'01/CO.W 0 11p06Q/l llOli rjJllllQl/COGOli Olll'te/ll /IOC/1111 30 200, 3Q1'011 11116UlllliCJI 31 oei;a 6pR20 16 2000

13 ,ll;oxo.r. (pacxo.r.) no naJiory na npu6blJih

(a) CyMMbl, np11J11a1111b1e B cocTase np116b1J111 uJJu y6b1TKa

npHMeHHMaSI ,UJJSI f pynnbl HaJJOfOBaSI CTaBKa COCTaBJJSleT 20% H npe,nCTaBJJSleT C060H CTaBKY

HaJJOra Ha npH6blJJb ,UJJSI pocCHHCKHX KOMnaHHH.

TblC. pyfi.

Tel\)'ll(llli 1uuwz ua 11p116&u1&

OT'teTHhlfi ro11

Koppe1r mpoBKH e ornoweHllH npenwecrny1oumx neT

011L'IOJ1cem1&11i 11a..'loz 11a 11p116&t.'lb

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21

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22

TblC. py6. JeMJJH

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23

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24

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15

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3anacbl

TblC. pyfi. 2016 2015

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1 301 150 I 161 134

25

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16 ToprosaH u npoqaH .ue6nTopcKaH 3a,noJ1meuuocTb

17

TbJC. py6. 2016 2015

Toproean ne61nopc1rnn Janom1;eHHOCTb 10 805 489 9 983 464

Pe3epe no coMH1neJJbHblM nonraM (2 431 888) (2 264 595)

CTpo'IaH ne6Hrnpc1rnn JanomKeHHOCTb 847 346 294 148

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26

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(a) YcTaBHblii Kam1Ta.rr 11 pe1epBbl

no COCTOHHHIO Ha 31 ,UeKa6pH 2016 ro,na Bbtnyll.leHHbJe H onna'leHHble aKUHH KoMnaHHH COCTaBHflH 185 241 291 TblCH'I wryK HOMHHaJlbHOH CTOl1MOCTblO 1 py6nb (31 .neKa6pH 2015 ro.na: 185 241 291 TbtCH'I wryK HOMHHarJbHOH cT011MOCTb10 I py6nb).

B cocrnae pe3epea npe.nonnaTbJ no aKUHHM Ha 31 .neKa6pH 2016 ro.na 'IHCflHTCH cyMMbt, nepe'111cneHHb1e Co6crneHHHKOM (,[(enaprnMeHTOM rocy.napcrne1-11-1oro HMymecrna ropo.na MocKBbl) B nononHeHHe ycrnBHOro Kan11Tana, 22 712 063 Tb1c. py6nei1 (31 .neKa6pH 2015 ro.na: 16 690 000 TbJC. py6nei1). no COCTOHHHIO Ha OT'leTHylO ,nary COOTBeTCTBYIOlllHe H3MeHeHHH B Ycrnae 06mecrna eme He 6btnH 3aperncTp11poaaHbJ.

npo'IHe pe3epBbl no COCTOHHHIO Ha 31 ,neKa6pH 2016 OTpIDl<eHbl B cyMMe 70 496 286 TbJC. py6neH H BKnlO'lalOT cne.ny1om11e KOMnoHeHTbl:

•

•

np11 npHBaTH3aUHH H npeo6pa30BaHHH KoMnaHHH 113 MocKOBCKOro rocy.napcrneHHOro YHHTapHoro npe.nnpHHTHH B OTKpblTOe aKUHOHepHoe o6mecrno B KOHUe 2012 ro.na ycTaBHhJH Kan11Tan 6btn y eenH'leH .no 184 741 291 Tbtc. py6neii. YcrnBHblH Kan11Tan 6btn cQiopMHpoeaH B pa3Mepe 'IHCTblX aKTHBOB, onpe.neneHHblX no Pocc11i1CKHM crnH.naprnM 6yxranTepcKoro y'lern no cocTOHHmo Ha 30 ceHrn6pH 2012 ro.na, KoTOpb1e npeab1c11n11 'IHCTb1e aKTHBbl no OT'lerHOCTH MC<DO Ha .nary peopraHH3au1111, 'ITO np11aeno K B03HHKHOBeHmo HenoKpb1TOro y6hITKa no cocTOHHHto Ha 31 .neKa6pH 2012 ro.na no MC<DO

B pa3Mepe 95 725 016 TblC. py6nei1. ,[(aHHaH cyMMa 6btna BKnlO'leHa B COCTaB npO'IHX pe3epBOB.

CyMMa 25 142 459 TbJC. py6nei1 (31 .neKa6pH 2015 ro.na: 25 142 459 Tbtc. py6nei1) npe.ncTaBnHeT H3MeHeHHH 11 .nononHeHHH B HMy mecTBeHHOM KoMnneKce, npo113owe.nw11e c ,naTbt no.nn11caHHH nepe.naTO'IHoro aKTa .no .naTbl rocy.napcrneHHOH perncTpau1111 aKuHoHepHoro o6mecrna e .neKa6pe 2012 ro.na.

27

AO 11MocaoiJmm111u1» flp 1we •IQl/llR K KO/ICOJl llOllpOGG/11/0rt rjJUllG/ICOGOli 0 /11 •1e 111110Clll ll 3Q 200, 3GK011~116111111iCR 3 1 Oei.afipR2016 200G

• CyMMa 86 271 TblC. py6nei:i (31 .n.e1rn6pH 2015 ro.n.a: 8 713 Tb1c. py6nei:i) npe.ncrnanHeT co6oi:i pe3epaHblH cjJoH.n, co3.n.aHHblH a coorneTcrn1111 c 3aKoHo.naTenbCTBOM Pocc11i:icKoH <Pe.nepau1111. PeweH11eM e.n11HcTae1rnoro aKUHOHepa OpraH113au1111 OT 25 HIOHH 2016 ro.na lfaCTb np116b1Jll1 3a 2015 rDA B cyMMe 77 558 TblC. py6. 6btJla HanpaBJleHa B pe3epBHblH Kan11Tan.

(b) ,ll.1m11}leH}lbl

B coorneTcTB1111 c 3aKoHo.naTeJJbCTBOM Pocc11i:icKoH <Pe.n.epau1111, aen11lf11Ha .nocrynHblX .nnH pacnpe.n.eneH11H pe3epaoa KoMnaH1111 onpe,ll.eJJHeTCH Ha ocHoae cjrnHaHcoaoi:i (6yxranTepcKoH) OTlfeTHOCTl1 Km.maH1111, no.n.roToaneHHOH a cooTaeTcTa1111 c pocc11i:icK11M11 npaa11naM11 6yxranTepCKOrD ylfeTa 11 OTlfeTHOCTl1. no COCTOHHl110 Ha 31 ,lleKa6pH 2016 ro.na BeJIH'rnHa Hepacnpe.n.eneHHOH np116b1n11 KoMnaH1111, BKJ!IOlfaH np116b1J1b 3a OTlfeTHbtH ro.n, cocrna11na 3 120 591 Tbtc. py6. (a 2015 ro.ny: I 612 159 Tbtc. py6.) .

,D,11a11.neH,llbl, o6bHBJ1eHHble 11 BbtnnalfeHHbte 3a ro.n, 3aKOHlfl1BWl1HCH 31 .neKa6pH, COCTaBl1Jll1 COOTBeTCTBeHHO:

TblC. pyfi.

0,0003295511 KoneeK Ha o6blKHOBeHHYIO aKUlllO (e 2015 rony: 0,0002654194 KoneeK)

2016

66 554

2015

53 346

PeweHHeM Coaern ,D,11pe1rropoa OT 23 MaH 2017 ro.n.a 6b1na onpe.neneHa cyMMa .n11a11.n.e1-1.n.oa K BbtnJlaTe B 2017 ro.ny B cyMMe 60 000 Tblc.py6.

20 KpeAHTbI u JaHMbI

B .naHHOM np11MelfaH1111 npe.ncrnaneHa 11HcjJopMau11H 06 ycnoa11Hx coorneTcrny1om11x cornawe1-111i:i no npoueHTHblM 3aHMaM 11 Kpe.n11TaM rpynnbl . Eonee no.n.po6mu1 11HQJOpMaU11H 0 no.n.aep)t(eHHOCTH rpynnbt p11CKY 113MeHeHl1H npoUeHTHOH CTaBKl1, aantOTHOMY p11CKY 11 p11CKY nl1KBl1.D.HOCTl1 npe.n.crnaneHa B npHMelfaHHH 25.

TbtC. pyfi.

a (JJUOcpo•111 hie OUR JU me.rt bClllOU

Heo6ecne'leHHbie Kpe.llHTht 6aHKa

Kpmmwcpo•111b1e 06nJU111e.'lbc111aa

Heo6ecne'1eHH1>1e Kpe.lll!Thl 6aHKa

2016

3 000 000

3 000 000

2 456 998

2 456 998

2015

4 956 998

4 956 998

4 000 000

4 000 000

28

AO 11/11ocooomm11cL'l» n p 1L1te 1/0//llR t; t;011COJlll011pOGOl/l/Oli </1111101/COGOli 0 111 11el/ll/OCl/lll J G zoiJ, 3Gt;Ol/l/11GlllltlicR JI iJei;a 6 p R 2016 i'OOG

(a) Y CJIOBllSJ norawemrn nonra 11 rpacjnrn: nJiaTe,..eii

YcnoBHSI H cpo1rn nnaTe)!<CH no HenoraweHHblM JaHMaM 6b1J1H cneny1omHMH:

<l>11i..111•1cci.1111

CTl111i.ll

31 ,!leKafipsi 2016 rot1a

31 .!leK'.afipsi 2015 ro,!la

TblC. pyfi. 1-IOMllllllJli.Jlllll llJlOUCllTl1 C fon 110~111- !10~111- li11Jl1111CO-

CTl1Ui.11

8ll.'llOTl1 llJlOUCllTl1

Hco6ccnc'lc1rnoc UllllKOBCKOC KpClillTOBllllllC

%

nAO «naHK BT6» Py6mt 11 ,50

nAO «C6ep6aHK Pocc111rn Py61111 8,21-13 ,28

nAO «C6ep6aHK Poccmm Py61111 12,49

AO «An «Pocc1urn Py61m 11 ,45

n pOUCllTllblC oustJaTCJJbCTBa

Y'ICTOM

cyucnn11ii

%

7,38

7,08

8,01

7,34

11ora111c 1111.r11.1111H li11:11111co111111 1111:1"111111 111111

-111111 CTOllMOCTI. CTOIUIOCTI. CTOllMOCTI. CTOllMOCTI.

2016 - 3 600 000 3 600 000

2017-2018 4 956 998 4 956 998 4 956 998 4 956 998

2016 400 000 400 000

2019 500 000 500 000

6 757 6 757 10 099 10 099

no COCTOSIHHIO Ha 3 J ACKa6psi 2016 ro,na y rpynnbl HMCCTCSI OCTilTOK HCHCnOJ1b30BaHHOH

Kpe,nHTHOH JlHHHH B cyMMe I 543 002 TblC. py6. (31 .neKa6psi 2015 ro.na: 3 300 000 TblC. py6.) .

21 rocy.r.apCTBeHHble cy6CHAHH

rpynna nonyi.iaeT rocy,napCTBCHHblC cy6CHAHH Ha cp11HaHCHpOBaHHC CHerocnnaBHblX nyHKTOB,

KOMneHcauH10 npoueHTOB, ynnalfHBaeMblX no 6aHKOBCKHM Kpe.nHTaM, H npoYHe HY>l<Jlbl.

,D.oXO.!lbl no nonylfCHHblM rocy.napcTBCHHblM cy6CHAHSIM H COOTBCTCTBYIOUlHC paCXOAbl 6b1nH

OTpa>l<CHbl B HCTTO-BCJ1Hlfl1HC:

Tb!C. pyfi.

Cy6c11ll1m Ha pacxo.!lbl no co11ep1KaH1110 cHerocnnaBHhlX nyHKTOB

Cy6c11ll1111 Ha Kor.ineHcaumo 6aHKoecK11x npoue1noe

Cy6cHllllll Ha npo'rne pacxo.nhl

2016

I 257 755

351 758

14 416

I 623 929

2015

I 211 981

360 434

122 630

I 695 045

KpoMe Toro, B cocrnse npoYHX .nonrocpoYHblX o6siJaTeJ1bCTB oTpa)!<eHa cyMMa cy6cHAHH

540 945 Tblc.py6., nonylfCHHblX OT ,D.enaprnMeHTa )J(HJlHUlHO-KOMMyHanbHOro X03HHCTBa H

6naroycTpOHCTBa ropo.na MoCKBbl Ha TCXHHlfCCKOe OCl-laUlCHHe cneuHanH3HpOBaHHOH aBT06a3b!

KoMnaHHH. 3aKynKa TeXHHKH H o6opy.nosairnsi 6h1na npoHJBe,neHa B ,neKa6pe 2016 ro.na.

29

22

A 0 I( !11<JC6(}0()1'{11/(U/))

np1we11a1111R "KOllCOJlllOllpOGaJl/IOli r/m11a11coao1i 0111 1/elll l/OClllll Ja ZOO, JGK0/1 111/GlllllliCR 31 oei;a6pR 2016 i!OOa

Oueuo1.1ub1e 06s1JaTeJ1bCTBa

Ouc11o•mb1c Ouc110•111b1c ousiJ:ncJJbCTBa no ousiJ:ncJJbCTBa no

npnpo,llooxpa1111b1M CY.llCUllblM TblC, pyfi. McponpllHTllHl\f pa3611p:ncJ1bCTB:IM lhoro

Canb.no Ha I .RHeap.112016 ro.na 352 217 301 477 653 694

06.RJaTeJlbCTBa, Halll1CJleHHble B OT'leTHOM ro.ny 94 284 94 284

J1cno11bJOBaH11e peJepea no oueHO'IHbtM 06.11Jare11 bCTBaM ( 102 182) (301 477) (403 659)

CaJlb.llO 11a 31 .11cKa6pst 2016 ro.11a 250 035 94 284 344 319

,.UonrocpO'IHblC 06SIJ3TCJlbCTB3

Kpanwcpo'IHblc 06st1aTe.ribCTBa 250 035 94 284 344 319

250 035 94 284 344 319

(a) Oueno•mble o6maTCJlbCTBa no np11po,nooxpa1111L1M MeponpHHTIUIM

Ha 3 I .ueKa6p.s1 20 I 6 ro.ua fpynna Bb1crynaer orneT'll1KOM no p.s1.uy ap611Tpm1rnb1x npou.eccos no B03MeuteH1110 spe.ua 3a HeraTl1BHoe B03.Uei1cTs11e Ha 0Kpy)1rn1owy10 cpe.uy.

B 2015 ro.uy Me)lmy ,UenapTaMeHTOM Pocnp11po.uHa,1l3opa 11 KoMnaH11dl 6bino 3aK.1110YeHo M11p0Boe cornaweH11e, B coorneTcrn11e c KOTOpbtM KoMnaH11.S1 np113HaeT np11Y11HeH11e spe.ua peKe Konb16.s1HKe B pa3Mepe I 23 655 TblC. py6. 11 06.s13yeTCH B u.en.s1x B03MemeH11.si spe.ua ocymecTBl1Tb KOMnJJeKc Meponp11.s1T11i1 no ero J111Ks11.uau.1111. BblnOJIHl1B 3a csoi1 ClfeT peKOHcrpyKu.1110 Olfl1CTHblX coopy)KeH11i1 B nocenKe Kyp11noso noce11eH11.S1 ~anoecKoe r. MocKBbl, B cpoK .uo I .SIHBap.si 20 18 ro.ua Ha cyMMY 301 157 Tb!C. py6. np11 BblnOJJHeHl111 KoMnaH11ei1 Bb!WeyKaJaHHblX yc11oe11i1 ,UenaprnMeHT Pocnp11po.uHa.u3opa OTKa3bJBaeTc.si OT rpe6osaH11.si no B03MemeH1110 spe.ua. fpynna co3.uana pe3eps Ha no11Hy10 cyMMY n11aH11pyeMbIX Meponpmn11i1. B 20 I 6 ro.uy lfaCTb .uaHHOro pe3epea 6b1Jla 11CnOJJb30BaHa B CB.Sl311 c TeM, lfTO 06mecTBOM 6b!Jl BblnOJJHeH p.si.u pa6oT no B03MemeHl110 Bpe.ua Ha cyMMY 58 962 TblC. py6.

KpoMe rnro, 1rn 1 .SIHBap.si 20 I 6 ro.ua B 06.s13aTeJJbCTBa BK.IllOLJeHbl 43 220 Tblc.py6. no n ocTaHOBJleHHIO ap611TpID!CHOro aneJJJJHU.MOHHOro cy.ua 0 B3blCKaHl111 B ,1lOX0,1l qie.uepanbHOro 610,!V1<ern nnaTbl 3a HerarnsHoe B03.Uei1cTe11e Ha 0Kpy)1<a1owy10 cpe.uy. B 20 I 6 ro.uy .uairnoe o6.si3aTeJJbCTBO 6b1Jl0 noraweHO B noJJHOH cyMMe.

B 06.s13aTeJJbCTBa Ha 1 .S1HBap.s1 11 Ha 3 I .ueKa6p.s1 20 I 6 ro.ua TalOl\e BK.IlIOLJeHbl npou.eHTbl 3a noJJb30BaH11e LJY)Kl1Ml1 cpe.ucrnaM11 B cyMMe 7 840 TblC. py6. no MCKY Pocnp11po.uHa,1l3opa.

(b) Oueno•mblc o6HJaTeJJbCTBa no cy,ne611L1M pa3611paTeJ1bCTBaM

Ha I .S1HBap.s1 20 I 6 ro.ua f pynna 0Tpa31111a 06.s13aTeJJbCTBa no cy.ue6HblM p11cKaM Ha cyMMY 30 I 4 77 Tb!C. py6. (3a.SIBJJeH11e KoHKypcHoro ynpaBJl.SllOlUero OAO oaHK «HapO.UHblH Kpe,1l11T» 0 np113HaH1111 11cno11HeH11.S1 nnaTe)KHblX nopyYeH11i1 AO «Mocso.uoKaHan» OT 25 ceHrn6p.s1 20 I 4 ro.ua N!?N!! 585, 586, 588 Ha 06my10 cyMMY 301 4 77 TblC. py6. He.uei1crn11TeJ1bHbJM11 c.ue11Kal\rn 11 np11MeHeH1111 noc11e.ncrn11i1 11x He.ueiicTBHTeJJbHOCTH). PeweHMeM BepxoeHoro Cy.ua Pocc11iicKoi1 c:IJe.uepau.1111 OT 06 anpe11.s1 2017 ro.ua 11cno11HeH11e scex BbrweyKaJaHHblX nnaTe)l<HblX nopyYeHHH AO «Mocso.uoKaHan» 6b1110 np113HaHo He.ueiicTBHTeJJbHblMH c.ue11KaM11. CoorneTcTBeHHo, e 20 I 6 ro.uy .uaHHble 06.S13aTeJJbCTBa 6blJ111 nepeHeceHbl B COCTaB Kpe,1ll1TOpCKOH 3a.uom1<eHHOCTH, KOTopa.SI 6b111a noraweHa nocne OTLJeTHoi1 .uaTbl.

30

AO «Mocnoomwmum flp1we•1a111111 "1'011co1111011poaa111101i </m11a11coao1i 0111'1em11oc11111 10 200. Ja1'0111J11a111111icn 31 iJe1'a6pn 2016 i'OOa

Ha 31 .n.eKa6p.11 2016 ro.n.a rpynna 0TpaJ1rna o6inaTeJJbCTBO no cy.n.e6HblM pHcKaM Ha cyMMY 4 7 397 TblC. py6 . no 3a.11sne1-1H10 KoHKypcHoro ynpasn.111omero AO « Cnas.11HKa» o npH3HaHHH HcnonHeH11.11

nnaTe11rnh1x nopy4eHHH AO « Mocso.n.oKaHan» Ha 06my10 cyMMY 4 7 397 TblC. py6.

He,D.eHCTBHTeJJbHblMH c.n.enKaMH H npHMeHeHHH nocne,D.CTBHH HX He,D.eHCTBHTeJJbHOCTH.

KpoMe Toro, rpynna C03,D.aeT pe3eps no np04HM cy.n.e6HblM pa3fotpaTeJJbCTBaM Ha 06my10 CYMMY

46 887 TblC. py6., 6y.n.ylllHH OTTOK 3 KOHOMHlJeCKl1X BblfO.D. no KOTOpblM ou.eHHBaeTC.11 KaK

sepO.!!THblH.

23 ToproBaH u npoqaH Kpe,uuTopcKaH 33.UOJJiKeuuocTb

ToproeaH KpeIUITOpcKaH 33.llOJin.ennocTb

TblC. py6. 2016 2015

)J,onrocpO'IH3SI TOproBaSI KpCllllTOpCKaSI

33,llOJllKCHHOCTb I 254 121 I 164 282

KpaT1rncpo•111asi ToproBaH icpe.ll11Topcicasi

33.llOJllKCllllOCTb 6 652 174 4 466 951

7 906 295 5 631 233

II po•mH KpeIUtTopcKaH 33.llOJI:.KennocTb

Kpamnocpo•mUR 11po11UR npeo11111opcna11 JllOOJI JICe/l IUJClllb

Aea11cb1 nonr1eHHb1e 3 580 578 3 478 391

3a.llOJJ')KeHHOCTb nepe,!1 nepCOHaJJOM 2 890 310 2 632 204

npo•111e HaJJOrQBble OfillJaTeJJbCTBa 2 728 I 248

npoueHTbl no fiaHIWBCKl1M Kpe.!lliT3M 6 757 10 099

npo4all Kpe,!lliTOpCKall 33,!lOJJ')KeHHOCTb II

HalJ HCJJeHHble paCXO,!lbl 449 990 883 316

llToro JlOJirocpo•maH ToproeaH

KpCJlllTOpCK3H 33,llOJill\:CllHOCTb 1254121 1 164 282

IIToro KpaTKocpo•maH ToproeaSJ 11

npo•1aS1 Kpem1TopcKaH 33.llOJI:.KennocTb 13 582 537 11 472 209

11Hq>OpMaU.H.I! 0 no,n.sepJKeHHOCTH rpynnbl BaJJIOTHOMY pHCKY H pHCKY JJHKBH.D.HOCTH B OTHOWeHHH

rnproBOH H npolJeH Kpe.n.HTOpCKOH 3a,D.OJJ/KeHHOCTH pacKpblTil B npHMe4aHHH 25.

24 CnpaBe,unuBaH cTOHMOCTb

Bo MHOrHX cny4a.11x noJJOl!<eHH.11 ylJeTHOH noJJHTHKH rpynnbl H npaBHJJa pacKpblTl1.1! HHCpopMaU.HH

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H 06.11JaTeJJbCTB. Cnpase.n.nHsa.11 cTOHMOCTb onpe.n.en.11nach .n.n.11 u.enei1 ou.eHKH H pacKpblTH.11

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31

AO «MOC6000K{llUUI»

flp1u.te•w111111 K i;o11co1111cJ11poaa111101i rfn111a11coao1i 0111•1e11111oc11111 3a zoo, 3ai;o11•111m11111ic11 31cJei;a6p112016 zocJa

1rncpopMaum1 o .nonyUleHHHX, c.nenaHHbIX B npouecce onpe.nenemrn cnpase.nnHsoi1 CTOl1MOCTH

aKTHBa HnH o6.s!3aTenbCTB8, pacKpb!BaeTCH B np11Mel.faHl1HX, OTHOCH1Ul1XCH K .naHHOMY aKTl1BY 11m1

o6H3aTenbcTBy.

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npolfeH .ne611TOpCKOH 3a.nOJJ)J(eHHOCTH, 3a HCKnlOlfeHl1eM OTHOCHUleikH K He3aBepweHHOMY

CTpo11TeJJbCTBy, oueHl1BaeTCH no np11se.neHHOH CTOHMOCTl1 6y.ny1Ul1X nOTOKOB .neHe)J\HblX cpe.ncTB,

.UHCKOHT11pOBaHHblX no pb!HOlfHOH CTaBKe npoueHTa no COCTOHHHIO Ha OTlfeTHYIO .nary. ,lJ,aHHrut

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COCTOHHHIO Ha OTlfeTHYIO .nary.

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MeTO.UOB oueHKH:

• YpoBeub 1: KOT11pyeMb1e (HecKoppeirrnposaHHbie) ueHbl Ha 11.neHTHlfHb1e aKTHBbl 11

o6H3aTeJJbCTBa Ha aKTHBHblX pblHKaX.

• Yp0Be11b 2: 11cxo.n1-1b1e .naHHble, noMHMO KoT11pyeMbtX ueH, np11MeHHeMbtX .nnH oueHOK YpoBHH

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25 <l>HH3HCOBbJe HHCTpyMeHTbl H ynpaBJJeHHe pHCK3MH

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• Kpe.UHTHblH pHcK;

• pHCK Jll1KB11.UHOCT11 ;

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yKa3aHHblX p11cKos, o uenHx rpynnbt, ee non11T11Ke 11 npoue.nypax oueHK11 11 ynpasneH11H .naHHhtM11

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32

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33

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34

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35

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36

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Ha 31 .n.eKa6pH 2016 ro.n.a (no COCTOHHHIO Ha 31 .n.eKa6pH 2015 ro.n.a: 8 651 948 TblC. py6.). )J.aHHaH

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npe.n.noJTaraeMOH pblHOlJHOH npoueHTHOH CTaBKH JJ.JTH aHaJTOrHlJHblX cjmHaHCOBblX o6H3aTeJTbCTB H

BKJTIOlJaeT see 6y.n.yLUHe Bbl 6bITHH .n.eHe)J<HblX cpeJJ.CTB, CBH3aHHble c B03BpaTOM JJ.OJTrocp04HblX

3aHMOB, B TOM lJHCJTe HX TeKYLUYIO lJaCTb, H paCXOJJ.bl no npoueHTaM.

(i) Y11paane11ue 1'<11111111llll0At

nocKOJlbKY fpynna npHHaJJ.JTe)J\HT rocy.n.apcrny, nOJTHTl1Ka ynpaBJTeHHH KanHTaJTOM fpynnbl

CJTY)[<HT JJ.OCTH)[\eHHIO OCHOBHOH ueJTl1 - o6ecnelJeHHIO o6mecrna ycJTyraMl1 BOJJ.OCHafo1<eHHH H

so.n.ooTBeJJ.eH11si. BcH npH6hIJTb fpynnhI, TaK )[<e KaK H QJHHaHcHposaHHe npas11TeJTbCTBa,

HCnOJTb3yeTCH JJ.JTH BbinOJTHeHHH nporpaMMbl peKOHCTPYKUHH H MOJJ.epH113aU1111 o6beKrOB

BOJJ.OCHa6meHl1SI H BOJJ.OOTBeJJ.eHl1SI, KOTOpaS! 6bJJTa pa3pa60TaHa H npHHHTa npaBHTeJTbCTBOM

r. MocKBbl. Y.n.osJTeTsopeH11e onepaUHOHHbIX H cTpaTern4ecK11x noTpe6HocTel1 fpynnhI

JJ.OCT11raeTCH nocpeJJ.CTBOM 3cjJcjJeKTHBHOro ynpasJTeHHH .n.eHell<HblMl1 cpeJJ.CTBaMH, noCTOHHHOro

MOH11TOp11Hra Bbipy4KH H 11CnOJTHeHHH 6IOJJ.)KeTa fpynnhl, a TaK)J(e nJTaHHpOBaHHH JJ.OJTroCp04HblX

HHBeCTHU11H, KOTOpble cjJ11HaHCHpy10TCH 3a ClJeT cpeJJ.CTB OT onepau110HHOH .n.esiTeJTbHOCTH f pynnhJ.

37

AO 1<Mocaoomw11a.rw n p 1we •IQllllR 1' 1'0 1/CORllOllpOGQllllOli rjJllllQl/COGOli 0 1111/el/ll/OCl/l ll :JQ i!OO, :JQ1'0111/l/Glll llliCR 31Oei;afipR2016 i'OOQ

26 ,IJ:oqepuue npeJJ.npnHTHH u KOHCOJIHJJ.HpyeMbJe CTPYKTYPHPOBaHHbJe

npeJJ.npHHTHH

Kol\ma111rn fpynm.1

AO «3KOTEXHOnAPK»

000 «1038C»

000 «3eneHorpa11c•mll eo11Ha!l KOMnaHll!l»

AO «POCA»

AO «BTE IOrO-BOCTOK»

CymecTeen11L1e npe.nnp1rnT1rn

CTpana yqpeiKJlemrn

P<l>

PcJ>

PcJ>

PcJ>

PcJ>

2016

npaso co6CTBCllHOCTll

tnpaso roJJOCOB3111UI

10%

30%

30%

25%

100%

2015

npaso co6CTBCllllOCTll

tnpaso roJJOCOB3111UI

10%

30%

30%

25%

100%

000 «l-Oro-3ana.nHall Bo.nonpoBo.nHall CTaHUHll» 6b1na co3,naHa .nn.si ueneii npOH3Bo.ncrna nHTbeBoii BO.Ubl, no.naBaeMOH B CHCTeMy BO.UOCHa6)1(eHHS1 rpynnbl. 3To CTPYKT)'pHpOB3HHOe npe.nnpHllTHe 6b1Jl0 C03.UaHO B COOTBeTCTBHH C HHBeCTHUHOHHblM .UOrQBOpOM Me)l(,Uy npaBHTeJlbCTBOM ropo,na MocKBbl H HHOCTpaHHblM HHBeCTOpOM 11 B HaCTOlllUHH MOMeHT llBJllleTC.!I HeOTheMJJeMOH '-13CTblO Cl1CTeMbl 0'-111CTKH BO.Ubl H HHcj>pacTpylrl)'pbl ao.nocHafoKeHl1S1 rpynnbl. Ero .neSJTeJlbHOCTb HanpaBJJeHa HCKJllO'-IHTeJlbHO Ha y,noeJJeTBopeH11e nOTpe6HOCTeH rpynnbl. nocKOJlbKY cjmHaHCOBall H onepaUHOHHall .neSJTeJJbHOCTb .naHHoro cTpylrl)'pHpoeaHHoro npe.nnpHHTHll npe.nonpe.neneHa ueJJblO era co3,naHH.!I - cnoco6cTBOBaTb .nocTmKeHHlO ueneii rpynnbl, PYKOBO.UCTBO rpynnbl C'-IHTaeT, '-ITO rpynna HMeeT B03M0)1(H0CTb KOHTpOJJHpOBaTb ,neSJTeJlbHOCTb ,naHHOro npe,nnpHllTH.!I.

B OKTS16pe 2014 ro.na rpy nna npH06pe11a 100% aKU11H AO «BTE 1-0rO-BOCTOK» B KOJlH'-leCTBe 3 917 536 WT. HOMHHaJlbHOH CTOHMOCTbl-0 1 000 py6. K3)1\,U3S1 Ha 06my10 cyMMY 250 000 000 eapo

no Kypcy 113 .nary np1106peTeHHS1 ( 13 584 760 TblC. py6.). PyKOBO.UCTBO rpynnbl paccMaTp11BaJ10 .naHHy10 c.nenKy KaK npHo6peTeHHe 6H3Heca. ,[(aHHOe .noYepHee npe.nnp11HT11e npe.ncTaenSJeT co6oi1 3aao.n no npoH3Bo.ncrny rnnoxnopHTa HaTpHH .nJJll ueneii nHTbeeoro ao.nocHafo1<eHHll rpynnb1. ,[(pyrnMH npo.nyh."T3MH 3aao.na llBJllllOTC.!I COJ1S1H3S1 KHCJlOTa H npoTHBOf OJJOJJe,nHblH peareHT.

TalOKe rpynna BKJll-0'-laeT cne.ny1omHe HecymecrneHHble .noYepHHe KOMnaHHH: AO «3KoTexHonapK», 000 «3eneHorpa.ncKall ao.nHa.si KOMnaHHll», AO «POCA».

AO «3KoTexHonapK» H 000 «3eneHorpa.ncKall ao.nHall KOMnaHHll» He ocymecTBJJll lOT X031l iicTee1rny10 .neSJTen bHOCTb.

AO «POCA» .nenaeT na6oparnpHble aHanH3bl npo6 ao.nb1 .nn.si ueneii rpynnb1 11 .npyrnx He3aBl1CHMblX KJJHeHTOB.

38

AO «MOC600(}1Wlla.tll>

flprwe•tQllllR 1' 1'0/ICOnl/OllpOGQ/11/0li rjJllllQ/ICOGOli 01111telll/IOClllll JQ ZOO, 3Q1'0111/l/GlllllliCR 31 oei;aopR 2016 i!oOQ

27 Onepau.uouuaH apeu,11,a

no cocTOSIHHIO Ha 31 .neKa6pH 6y.nym11e Ml1Hl1MaJJbHb1e apeH.UHble n11aTe11rn no norosopaM apeH.Ubl

6e3 npasa nocpottHoro npeKpameH11S1 no,lVlellrnT ynnaTe a c11e.ny1omeM nopH.UKe.

TblC. py6.

MeHee ro.na

OT I .no 5 neT

Ceb1we 5 neT

2016

844 863

66 181

591 011

I 502 055

2015

796 200

48 281

269 529

1114010

rpynna apeH.nyeT HeCKOJlbKO o6beKTOB no norosopaM onepau110HHOH apeH.Ubl, BKJllOl!aSI yttaCTKl1

3eMJ111, 3.[laHl1SI 11 06beKTbl BO.UOCHafo1ceHHSI H BO.UOOTBe,UeHHSI. rpynna TalOl\e apeH.nyeT J0ro-

3ana.UHYJO eo.nonpOBO.UHYJO CTaHUHIO no.nroTOBKH nHTbeBOH BO.Ubl , KOTopaSI 6b!Jla nOCTpOeHa

HHOCTpaHHblM HHBeCTOpOM B COOTBeTCTBHH c HHBeCTHU110HHblM noroeopoM, no.nn11caHHblM c

npaBHTeJlbCTBOM MocKBbl. YIHBeCTHUHOHHblH norosop Me)l\.UY HHBeCTOpOM H npaBHTeJlbCTBOM

Mocl\Bbl npe.nnonaraeT Bbll\yn nocTpoeHHblX coopYJlceHHH 11 nepexon npasa co6crneHHocTH Ha HHX

" npas1nenbcTBy MocKBbl nocne Toro, KaK 6ynYT noraweHbl ece ofonaTeJlbCTBa (sK11101.1aS1

npoueHTbl) no norosopaM nepen HHBecTopoM. 0THoweHlrn onepau110HHOH apeH.Ubl Me)1cny

HHBeCTOpOM H f pynnoii 6ynYT 3aBepweHbl B COOTBeTCTBHH co cpoKaMH .nei1CTBHSI

HHBeCTHUHOHHOro .norosopa B 2017 rony. Bnocne.ncTBHH npaBHTeJlbCTBO MocKBbl n11aH11pyeT

nepenaTb .naHHble aKrHBbl f pynne B BH.Ue BKJla.na B ycTaBHblH KanHTaJl. 0THOWeHHSI Me)K.ny

npaBHTeJlbCTBOM MocKBbl 11 YIHBeCTOpOM npe.ncTaBJlSllOT co6oi1 .UBYCTOpOHHHe cornaweHlrn, H

rpynna He 11MeeT KaKHX-111160 .UOfOBOpHblX npaB H 06Sl3aTeJ1bCTB B OTl-IOWeHHH ,UaHHOro

cornaweHHSI. 6011ee Toro, npaBHTellbCTBO MocKBbl He HMeeT KaK11x-1rn60 norosopHbIX

06S13aTe11bcTB no nepe.natte ape1-1nosaHHbIX aKTHBOB e co6cTBeHHOCTb fpynnb1. TaKHM o6pa3oM,

nepe.natta naHHblX ah."THBOB npaBHTeJlbCTBOM MocKBbl B BH.[le BKJ1ana B ycTaBHblH KanHTaJl .nom1rna

np1131-1aeaTbCS1 B MOMeHT csepweHHSI caMoro cpan.1a nepena1.111.

)J,pyrne norosopbl apeH.Ubl 3aKJ1104eHbl Mell(.[ly npaBHTeJlbCTBOM ropo.na MocKBbl H fpynnoii .

DOJlbWHHCTBO TaKl1X .norosopoB .no11rocpo4Hble H 3aKJ1104eHbl cpoKOM no 50 neT. npaBHTeJlbCTBO

MocKBbl ycrnHas1111saeT noHmKeHHy10 cTaBKY no onepau110HHoi1 ape1-1.ne LlllSI ue1111 Bbmo111-1eHHS1

f pynnoi1 ceoei1 neHTeJlbHOCTH no OKa3aHHIO yc11yr BO.[lOCHafoKeHHSI 11 BO.ll.OOTBe.neHHSI Hace11e1-11110.

CTaBKH apeH.[lHOH n11aTbl YTBep)l(.[leHbl B COOTBeTCTBHl1 c noroeopaMl1 Me11cny npaBHTeJlbCTBOM H

K0Mnam1ei1.

3a 2016 ro.n 773 432 Tb!C. py6. 6bll10 npH3HaHO B OTl!eTe 0 nptt6bl11H HJlH y6blTKe B COCTaBe pacxo.noe

no onepaUHOHHOH apeH.ne (2015: 851 594 Tb!C. py6.)

28 IlpHHHTble o6H33TeJibCTBa

CosoKynHblH o6beM 6ynyurnx KanttTaJJbHblX s11m1ceH11i1, no KOTOphlM Ha KOHeu rona 6b11111

3aKJ1101.1eHhl .norosopb1, onpe.ne11S1eTcS1 CornaweH11eM Me11cny PernoHaJJbHOH 3HepreT111.1ecKoi1

KOM11cc11ei1 ropo.na MocKBbl 11 K0Mnam1ei1 o pean113au1111 nporpaMMbl peKOHCTpYKUHH 11

np1106peTeHHS1 ocHOBHhlX cpencrn, Kornpoe nonnttcbmaeTcH e11ceronHo. Ha 3 I .neKa6pH 2016 rona

06S13aTeJJbCTBa B OTHOWeHHH Kanl1TaJlbHblX BJlQ)l(eHHH COCTaBJlSllOT 13 664 311 TblC. py6. (31 neKa6pH 2015 rona: 12 782 325 TblC. py6.)

39

AO «MOCBOdOl\UllWI» np1we11Gl/llR "l\Ol/COm1011poaa1111ori rfar111a11coao1i 0111 •1e11111ocm11 3a WO, 301'011 111/GlllllliCR 31oei;:a6pR 1016 i!oOQ

B 2014 ro.ny rpynna HatJana 3aKJ110tJaTb .noroaopbl Ha TeXHHlJeCKOe np11coe.n11HeHHe CTpOlllUHXCJI o6beh."TOB K ceTl!M ao.nocHafo1<e1mJ1 H ao.nooTae.neHHll. 6onbwaJ1 tJaCTb .noroaopoa J1BJ1J1eTcJ1 .nonrocpotJHblMH. CrnH.napTHbIH cpoK 11cnonHeHHJ1 .noroaopa cocTI1BJ1J1eT 18 MecJ1uea c MOMeHrn

HatJana pa6oT. B 6onbWHHcTBe cnytJaJ1ea cpoK 11cno1rneHHJ1 .norosopa yaenHYHBaercR no cornacoaaHHIO crnpoH no np11tJ11He Ja.nep)J<KM c.natrn o6beKTa 3a1<a3tJHKOM.

no COCTOJIHHIO Ha 31 ,neKafipll 2016 ro.na rpynna 3aKJ1JOlJMJla ,UOfOBOpbl Ha TeXHHlJeCKOe np11coe.n11HeHHe Ha 06iuy10 cyMMY 17 228 099 Tb1c. py6., BKJlIOtJal! H,ZJ.C (Ha 3 I .neKa6pll 2015 ro.na: 13 426 505 TblC. py6., BKJlJOtJal! H,ZJ.C). 6oJ1bWaJI tJaCTb .noroaopoa He 6b1Jla 3aaepweHa Ha OTtJeTHy10 .nary. Ba11.ny Toro, tJTO BbIPYtJKa np113HaeTcJ1 a pa3Mepe noHeceHHbIX pacxo.noa, 06waJ1 cyMMa BblPYtJKH, npH3HaHHaJI no TaKHM .noroaopaM, COCTaBHJla 2 080 285 TbJC. py6. 3a 2016 ro.n (3a 2015: 1 623 773 TbJC. py6.).

29 y CJIOBHble aKTHBbl H o6H33TCJibCTBa

(a) CTpaxoeanne

B TetJeHHe 2016 ro.na PYKOBO,UCTBO rpynnbl B paMKax nom!TMKH crpaxoaaHHJI onpe.nemrno cne.ny1ow11e ocHOBHbJe BM.Ubl cTpaxoaaHHJI:

CTpaXOBaHMe HMywecTBeHHOro KOMnJleKCa (OCHOBHblX np0113BO.UCTBeHHb!X aKfHBOB rpynnb1);

cTpaxoaaH11e no)JmpoonacHbIX o6beKToa;

CTpaxoaaHHe rp(l)f(.!J.aHCKOH OTBeTCTBeHHOCTH nepe.n TpeTbHMH CTopoHaMH 3a npH'lHHeHHe ape.na npH ocywecrnneHHH nycKO-Hana.notJHbIX pa6oT;

CTpaxoaa1me pa60THHKOB OT HeCtJaCTHblX cnytJaea.

PyKOBO,UCTBO ClJHTaeT, lJTO rpynna HMeeT a.neKBaTHOe CTpaxoaoe noKpblTHe pHCKOB, KOTOpble MOryT OKaJaTb cywecTBeHHOe BJlHJIHHe Ha ,neJ!TeJlbHOCTb rpynnbl H ee cf>HHaHCOBOe nOJlOJtceHHe.

(b) YCJI0B11b1e uaJJoroeble o6H3aTeJJbCTBa e PoccuiicKoii «l>e.nepanuu

Hanoroaal! cttcTeMa Pocc11i1cKoi1 <l>e.nepaum1 npo.nom1meT pa3BHBaTbCJI 11 xapah.--rep113yeTCJ1

tJaCTblMH H3MeHeHHJIMH 3aKOHO,UaTeJ1bHblX HOpM, ocf>HUHa.rJbHblX pa3bJICHeHMH H cy.ne6HblX peweHHH, KOTOpble apeMeHaMH JIBJlJllOTCJI npOTHBOpeLJHBblMH, lfTO .nonycKaeT HX HeO,UH03HalJHOe TOJlKOBaHHe pa3l1HlfHblMH HaJJOfOBblMH opraHaMH.

npoaepKaMH 11 paCCJle,UOBaHHJIMH B OTHOWeHHH npaBHJlbHOCTH HClJHCJleHHJI Ha.rJOfOB 3aHHMalOTCJI HeCKOJlbKO peryn11pyl01UHX opraHOB, HMeJOlUHX npaao Ha.rJaraTb KpynHble wrpacflbl H HaLJHCJll!Tb neHH. npaBHJlbHOCTb HClfHCJleHHJI Ha.rJOfOB B OTLJeTHOM nep110,ne MOJKeT 6b!Tb npoaepeHa B TeLJeHHe Tpex nocne.ny1oiu11x Ka.rJeH.napHbIX neT; o.n1-1a1<0 np11 onpe.neneHHblX 06cTOJ1TeJ1bCTaax 3TOT cpoK Momer yaen11LJ11aaTbCJ1. B nocne.n1-1ee apeMJI npaKTHKa a Pocc11i1cKoi1 <!)e.nepau1111 rnKoaa, LJTO HaJJOfOBbJe opraHbl 3aHHMalOT ace 6onee )J\eCTKYIO no3HUHIO B LJaCTH HHTepnpeTaUHH H Tpe6oaaHHH co6mo.neHHJI Hanoroaoro 3aKoHo,naTeJ1bCTBa.

C 1 l!Haapl! 2012 ro.na aciyn11no a c11ny JaKoHo.naTeJlbCTBO o TpaHccfiepTHOM ueHoo6paJoaaHHH, KOTopoe cyiuecTBeHHO noMeHJ!JlO npaBHJla no rpaHccfiepTHOMY ueHoo6pa30BaHHIO, c6J1H3Ha HX c npHHUHnaMH opraH11Jau1111 3KOHOMHtJectcoro coTpy.nHHLJecrna H pa3BHTHJI (OECD), HO Ta!Otce co3,naaaJ1 .nonommTeJ1bHy10 Heonpe.neneHHOCTb a CBJl3H c npaKTHLJeCKHM np11MeHeHHeM Hanoroaoro 3aKoHo.naTeJ1bCTBa B onpe.neneHHblX cnyLJal!x.

40

AO «Afocao<)0Kamu111

flp 1L\te 11GllllR K KOllCOJl l/0 11p06GllllOli rp1111a11C060 li 0 /11 1/el/lllOClllll JG ZOO, JGK0/1 111161111/liCR 31 oeKa6pR 2016 ZOGG

.lJ.aHHble npaBHJJa TpaHccjiepTHoro ueH006pa3osaHHS1 06.S1Jb1Ba!OT HanoronnaTeJJbUlHKOB

no.nroTOBHTb .UOKyMeHTaUHIO B OTHOWeHHH KOHTpOJJHpyeMblX c.ueJJOK H onpe.uem110T HOBbJe

npHHUHnbl H MexaHH3Mbl AJJSI HalJHCJJeHHSI .uonoJJHHTeJJbHblX HaJJOrDB H npoueHTOB, eCJJH ueHbl B

KOHTpOJJHpyeMblX c.nemrnx OTJIHlJalOTCSI OT pblHOlJHblX.

npas1rna TpaHCcjlepTHOrD ue1mo6pa30BaHHSI npHMeHSllOTCSI npeHMymecTBeHHO K C.D.eJJKaM B

o6JJaCTl1 BHewHeH TOproBJJH Me)fmy B3aHM03aBHCHMbJMH JIHUal\rn, a TalOKe K c.neJJKaM B o6JJaCTH

BHewHeH TOproBJJH Me)f\.lly He3aBHCl1MblMl1 CTOpOHaMH B cny1.Jasix, ycTaHOBJJeHHblX HaJJOrDBblM

KO.D.eKCOM P<D. B .uonomteHHe, npaBHJJa npHMeH.SllOTcsi K BHYTpeHHHM c.nenKaM Me)I\.llY

B3aHM03aBl1CHMblMH JIHUaMH, ecJJH o6masi ro.uosa.SI cyMMa c.neJJOK Me)l()lY O.D.HHMH 11 TeMH )l\e

n11uaMH npesb1waeT onpe.ueneHHblH yposeHb (1 MJip.D.. py6., Ha1rnttrui c 2014 ro.ua).

npaKTHKa npHMeHeHHSI HOBblX npaBHJI no TpaHccj1epTHOMY ueH006pa30BaHHIO HaJJOrDBblMH

opraHaMH 11 cy.uaMH OTCYTCTByeT, nocKOJJbKY 11anorosb1e nposepKH Ha npe.uMeT co6mo.ueHH.SI

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onepau1111, KOTOpble peryn11py10TC.SI npaBHJJaMH 0 TpaHccjiepTHOM ueHoo6pa30BaHHH, CTaHYT

o6beJ(TOM .ueTaJJbHOH nposepKH, •!TO noTeHUHaJlbHO MQ)l(eT OKa3aTb BJIHSIHHe Ha .naHHYIO

KOHCOJIH.UHposaHHYIO cjJHHaHcosy10 OTlJeTHOCTb .

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npHMeHl1MOro pOCCl1HCKOro Hanorosoro 3aKOHO.UaTeJJbCTBa, ocjJHUl1aJJbHblX pa3b.SICHeHl1H 11

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He MeHee, TpaKTOBKa 3Tl1X nonomeHHH COOTBeTCTBYIOUlHMH opraHaMH MO)KeT 6b1Tb HHOH H, B

cnyyae eCJJH OHH CMOfYT .UOKaJaTb npaBOMepHOCTb csoei1 n03HUl1H, 3TO MO)f<eT OKa3aTb

3HalJHTeJJbHOe BJIHSIHHe Ha HaCTosimy10 KOHCOJJH.D.HpOBaHHYIO cjJHHaHcosy10 OTlJeTHOCTb.

( c) 06HJaTCJlbCTBa no np11pO.llOOXpa1111oii ,llCHTCJlbllOCTll

.lJ.e.S1TeJJbHOCTb rpynnbl B 3HalJHTeJJbHOH CTeneHH KOHTpOJJHpyeTCSI H pe!)'JJHpyeTCSI CO CTOpOHbl

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<De.D.epau1111. PyKOBO.UCTBO nonaraeT, lJTO .ue.SITeJJbHOCTb H npOH3BO.D.CTBeHHble TeXHOJIOrl111 rpynnbl

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rpynna ClJHTaeT, lJTO BCe H3BeCTHble 06.Sl3aTeJJbCTBa no npHpO.D.OOXpaHHOH ,ll.eHTeJJbHOCTH

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(d) Cy.lle611L1e pa1611paTCJ1bCTBa

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H B KalJeCTBe OTBeTlJHKa), HHHU11HpOBaHHblX B npouecce ee o6bllJHOH X03SIHCTBeHHOH

,ll.eHTeJJbHOCTH. no MHeHHIO PYKOBO.UCTBa y rpynnbl OTCYTCTBYIOT cy.ue6Hble pa36HpaTeJJbCTBa,

KOTOpb1e MOrJJH 6bl OKa3aTb cymecTBeHHOe HeraTHBHOe BJIHHHHe Ha pe3yJJbTaTbl onepauHOHHOH

.D.eSITeJJbHOCTH, cjJHHaHCOBOe nOJJO)f<eHHe JJH60 ,UeHe)J<Hble nOTOKH rpynnbl H KOTOpble He OTpa)f<eHbl

B .UaHHOH KOHCOJJH.D.HpOBaHHOH cjJHHaHCOBOH OTlJeTHOCTH rpynnbl HJIH paCKpblTbl B npHMelJaHHSIX K

Hei1.

41

AO «111ocaoomm11a1111

np11.11e•ta/lllR "1'0/ICOJ/llOllpOGQll/IOli ifm11a11coao1i 011111e11111oc11111 3a zoo, 3Q1'0ll•llllJlllllliCR 31 Oe1..-a6pR 2016 i!OOa

30 CsH1auub1e cTopoub1

(a) MaTepnncKoe npe.nnpnHTllC 11 Konc•maH K011Tpon11pymmasr cTopona

E.UHHCTBeHHblM aKUHOHepoM AO «MOCBO.D,OKamurn HBJUleTCH npaBHTeJlbCTBO ropo.ua MocKBbl B

n11ue ,ZI.enaprnMeHTa HMymecTBa ropo.ua MocKBbl. CTopoHoi1, KOTopaH B KOHeLJHOM HTore

KOHTpOI1HpyeT rpynny. HBJIHeTCH npaBHTeJlbCTBO ropo.na MocKBbl.

rpynna TaJOKe HBJIHeTCH 06belffOM npHMOfO Ha6mo.nemrn )J.enapTaMeHTa )f{HJIHlUHOrO H

KoMMYHaJJbHOfO X03HHCTBa ropo.na MocKBbl H ,ZI.enapTaMeHTa 3aKa.30B ropo.na MoCKBbl. rpynna

cpyHKUHOHHpyeT B 3KOHOMHLJeCKOM pe11\11Me, KOHTpom1pyeMOM npe.nnpHHTHHMH, KOTOpblMH npHMO

HJIH KOCBeHHO ynpaBJIHeT npaBHTeJlbCTBO ropo.ua MoCKBbl LJepe3 npaBHTeJlbCTBO, areHTCTBa,

aq1cp11n11posa1-11-1b1e CTPYKTYPbl H .upyrne opraH11Jaum1 ( cosMeCTHO Ha3b1BaeMblMH

«rocy.napcrne1-11-1b1e npe.unpHHTHH» ).

KpoMe Toro, rpynna se.ueT onepaUHH c pH.UOM npe.nnpHHTHH, KOTOpble HaXO.UHTCH no.u KOHTPOJJeM

HJIH COBMeCTHblM KOHTPOJJeM npaBHTeJlbCTBa PoccHHCKOH <I>e.uepaUHH. rpynna npHMeHHeT

ocso6011<.neH11e, KOTopoe npe.uocrnsnHeTcH MC<I>O (!AS) 24 «CBH3aHHble CTOpOHbl», noJBOJIHIOUlee

npe.UCTaBJIHTb ynpomeHHble pacKpblTHH no onepauHHM c npe.unpHHTHHMH, CBH3aHHblMH c

rocy.uapcrnoM.

(b) Onepau.1111 co cTapwmu pyKoeo,!lHIJlllM nepconaJJOM

06maH cyMMa so31-1arpall(.!J.eHHH, BKJJIOLJruI 60Hycb1, BbmJlaLJeHHaH KJJIOLJeBblM pyKOBO.UHlllHM

COTPY.!lHHKaM (reHepanbHblH .u11peKTop H era JaMecrnTem1) Ja 20 16 ro.n 11 BKJJIOLJeHHaH B pacxo.ub1

Ha nepCOHaJJ, COCTaBHJla 14 1 289 TblC. py6nei1 (20 15 ro.u: 118 556 TblC. py6nei1) .

rpynna He cosepwaeT HHKaKHX onepaUHH H He HMeeT OCTaTKOB no pacLJeTaM c KJllOLJeBblMH

pyKoBO.UHlUHMH coTpy.UHHKaMH 11 HX 6nH3KHMH po.ucTBeHHHKaMH, 3a 11cKJ110LJeH11eM BbmnaT HM

B03Harpa)l(.!J.eHHH B cpopMe 3apa60THOH nJlaTbl H npeMHH.

(c) Ilpo'lne oncpau.1111 co cesrJaHHbll\111 cTopo11a1m1

rpynna npOBO.UHT C,!leJIKH C rocy.uapcTBeHHblMH npe.nnpHHTHHMH, BKJllOl.JaH npO.Ua/l<H H noKynKH

TOBapoB H BCnOMOraTeJlbHblX MaTepHaJJOB, OKa3aHHe ycnyr no BO,!lOCHa611ceHH10 H BO,!lOOTBe,!leHHIO,

apeH.ny, 06cJ1y)l<HBaHHe HH)l\eHepHblX coopy)KeHHH, ycnyr no npHeMy c1-1era B CHCTeMy ropOJJ.CKOH

Ka1-1an113au1111, JaKynKH Tenno- H 3J1eh.'Tpo31-1eprn11 11 .upyrne ycnyrn.

3TH C.D,eJIKH OTHOCHTCH K o6bll.JHOH onepaUHOHHOH .UeHTeJlbHOCTH rpynnbl Ha YCJIOBHHX,

conOCTaBHMblX c npe.unpHHTHHMH, KOTOpble He HBJIHIOTCH rocy.uapcTBeHHblMH. J1CKJJIOLJeHHeM

HBJIHIOTCH C,!leJIKH no apeH.ne HMylUeCTBa y npaBHTeJlbCTBa MocKBbl, r.ue C,!leJIKH ocymecTBJIHIOTCH

no ueHaM HH)l\e pblHOLJHblX. B TeLJeHHe OTLJeTHoro ro.na, JaKaHLJHBaiomerocH 31 .ueKa6pH 2016 ro.ua,

PYKOBO,!lCTBO oueHHBaeT, l.JTO 06m11i1 o6beM cymecrneHHb!X C.D,eJIOK rpynnbl c .upyrnMH

rocy.napcrneHHblMH npe.nnpHHTHHMH cocrnsn11eT 38% npo.nro1c 11 34% JaKynoK ycnyr

BO.UOCHa6meHHH H BO.UOOTBe.ueHHH (31 .ueKa6p11 2015: 39% npo.nroK H 37% 3aKynoK ycnyr

BO.UOCHa611ceHHH H BO.UOOTBe.D,eHHH). Ha 31 .neKa6p11 2016 ro.na .UOJIH rocy.napcTBeHHblX

npe.nnpHHTHH B .ne6HTOpCKOH 3a.nom1ceHHOCTH COCTaBJJHeT 39% (31 .ueKa6p11 2015 ro.na: 37%), H

Kpe,!lHTOpCKaH 3a,!lOJl)l(eHHOCTb rpynnbl nepe.u rocy.napcTBeHHblMH npe.nnpHHTHHMH COCTaBJIHeT 6% (3 1 .ueKa6pH 2015 ro.na: 12% ). Bee pacLJeTbl no onepau1111M co CBH3aHHblMH crnpoHar.rn no.!J.Jle)l\aT

yperyn11posam110 .ue1-1e,1rnblMH cpe.ncrnaMH.

42

A 0 « /11OC60001'(1 IUlil»

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31 Co6bITHH nocne OP-IeTnoii AaTbI

Ha ocH0BaH1111 peweH11H e.mrncrneHHoro aKUHOHepa KoMnaH1111 06 yeen11YeH1111 ycrneHoro Kan11TaJJa nYTeM pa3MeLUeHl1H .nonOJJHl1TeJlbHblX aKU11H OT 30 anpeJJH 2014 ro.n.a c y1.1eTOM

113MeHeHl1H, BHeceHHblX B Hero OT 2 1 .neKa6pH 2016 ro.na H OTt.feTa 0 .n.onoJJHl1TeJlbHOM BbmycKe ueHHblX 6yMar, 3aperncTpHpOBaHHOM oaHKOM Pocc1111 13 1110JIH 2017 ro.na, YCTaBHblH Kanl1TaJJ KoMnaH1111 6b1JJ yeeJJ11t.feH .no 211 353 354 TblCHYl1 py6nei1. CoorneTcrny1om11e 11JMeHeH11H 6b1JJ11 BHeceHbl B ycrne 9 aerycrn 20 I 7 ro.na.

CornacHo nnaHy-rpacj>11Ky Meponp11Hrni1 no peopraHH3au1111 AO «Moceo.noKaHaJJ» 11 AO «BTE l0ro-3ana.n» B cj>0pMe np11coe.n11HeH11H AO «BTE l0ro-3ana.n» K AO «Moceo.noKaHaJJ», YTBep)l(,UeHHOMY reHepaJJbHblM .n11peKTopoM AO «MOCBO,UOKaHaJJ», YnpaBJIHIOLU11Ml1 BTE npoe1nTe3eJlbWacjJT 310.n BecT Baccep M6X 11 reHepaJJbHblM .n11peKropoM AO «BTE 10ro-3ana.n», B Te1.1eH11e 2017 ro.na nnaH11pyeTCH no.nn11caH11e .noroeopa o np11coe.n11HeH1111 AO «BTE 10ro-3ana.n» K AO «Moceo.noKaHaJJ», nepeocj1opMJ1eH11e HMymecrneHHoro KOMnneKca 10ro-3ana.nHoi1 eo.nonpoeo.nHoi1 crnHu1111 B co6crneHHocTb AO «Mocso.noKaHaJJ», a TaK)Ke 3asepweH11e scex COnYTCTBYIOLU11X MeponpHHTl1H.

B 20 I 7 ro.ny 6b1JJa 3asepweHa Bble3.nHaH HaJJorosaH nposepKa 3a nep110.n c 15 neKa6pH 20 12 rona no 3 I ,ZleKa6pH 2014 ro.na. no pe3yJibTaTaM .naHHOH nposepK11 HaJJOfOBblMl1 opraHaMl1 6blJI npe.nocrneneH aKT c on11caH11eM BblHBJJeHHblX noTeHUHaJJbHblX HapyweH11i1. KoMnaH11ei1 6b1JJ11 npen crnsJJeHbl B03pID1<eHl1H 11 .nonoJJHl1TeJlbHble .UOKYMeHTbl. <l>11HaJlbHOe peweH11e HaJIOfOBblMl1 opraHaMl1 noKa He BblHeceHO. 06LUaH cyMMa npe.neap11TeJ1bHblX noTeHU11aJJbHblX .UOH8t.fl1CJleHl1H no HaJJOry Ha np116blJlb 11 H.IJ.C COCTaBl1Jla I , 129 Mnp.n. py6nei1 (986 MJIH. py6nei1 - .UOHat.fl1CJleHHe no H.ll.C 11 143 MJJH. py6nei1 - .n0Hat.f11cne1rne no Hanory Ha np116b1J1b). 11cxo.nH 113 aHaJJHJa co6crneHHOH 11 o6mei1 cy.ne6Hoi1 npaKrnK11 Ja nocne.nH11e ro,nbl no aHaJJOrHt.fHblM cnopaM X03Hi1crny1om11x cy6beKroB c Hanoroeb1M11 opraHaM11 P<l), py1<oso.ncTBO KoMnaH1111 oueH11eaeT p11cK Bb1weyKaJaHHblX .noHat.f11cneHHH KaK Hm1<e cpe.nHero. B CBH311 c 3Tl1M oueHOt.fHble o6H3aTeJJbCTBa no pe3yJibTaTaM noTeHU11aJJbHblX HaJIOfOBblX ,ZlOHat.fl1CJleHl1H He H8t.fl1CJIHJIHCb.

Ha 6aJJaHce 06mecrna Y11cn11TCH nonyYeHHblH 3ai1M N!!2303 OT 30 .neKa6pH 2013 rona c nAO «C6ep6aHK Pocc1111», B cyMMe 4 956 998 TblC. py6., B TOM t.fHCJJe .nonrocpOYHaH t.faCTb COCTaBJIHeT 3 000 000 TblC. py6., KpaTKOCpOYHaH t.f8CTb COCTaBJIHeT 1 956 998 TblC. py6. 24 MapTa 2017 ro.na 06mecrno 11 nAO «C6ep6aHK Pocc1111» JaKJ110Y11n11 .IJ.ononH11TeJ1bHoe cornaweH11e N!!5 OT 24 Maprn 2017 ro.na K .noroeopy N!!2303 OT 30 .neKa6pH 2013 ro.na 06 ysen11YeH11H nep11ona nei1cTBl1H 3ai1Ma .no 31 .neKa6pH 2019 ro.na (npe)l(Hl1H nep110.n .nei1CTBl1H Jll1Ml1Ta Kpe.nHTHOH Jll1HHl1 -31 .ne1<a6pH 2018 ro.na). 15 Maprn 2017 ro.n.a 06mecrno 11 ITAO «BTo» 3aKJ110Y11n11 .noroeop 06 OTKpb1Tl111 Kpe,Zl11THOH Jll1Hl1H JlJlH pecj>11HaHc11poBaHl1H cymecrny1om11x 6aHKOBCKHX Kpe.UHTOB, npe.nocrneneHHoro nAO «C6ep6aH1< Poccmm B o6beMe 4 293 829 TblC. py6. 11 AO «Ao Pocc11H» B o6beMe 500 000 TblC. py6 .

.IJ.pyrnx cymecrneHHblX co6blTHH nocne OT'-!eTHOH ,ZlaTbl, KOTOpble MOfYT OKaJaTb BJll1HHl1e Ha QJHHaHCOBOe COCTOHHl1e, .UBl1)f\eH11e .neHe)KHblX cpe.ncrn 11 pe3yJJbTaTbl .neHTeJlbHOCTl1 opraH113au1111, Ha MOMeHT no.nn11caHl1H 6yxranTepcKOH OTt.feTHOCTl1 HeT.

32 Ocnosub1e nonomenuH yqeTuoii nonnTHKH

nonmKeHl1H yYeTHOH nOJil1Tl1Kl1, on11caHHble HH)!(e, np11MeHHJll1Cb nocne.nosaTeJJbHO BO Bcex OTt.feTHblX nep110.nax, npe,ZlCTaBJJeHHblX B HaCTOHLUeH KOHCOJ1 11A11pOBaHHOH cj>11HaHCOBOH OTt.feTHOCTl1, 11 HBJIHIOTCH e,Zll1H006pa3HblMl1 JlJlH npe,nnpHHT11H rpynnbl.

43

AO «Mt1c6odma111cL'I»

flp1we'IGllllR i..· 1w 11co1111011poaa111101i <fJ1111a11coao1i 0111•1e11111oc11111JG i'OO,1ai..·011'11tGl/lllliCR 31oei;a6pR2016 i'OOa

(a) Ilp11HQHDbl KOllCOJlllA3Qllll

(i) ,40•1ep1111e 11peo11p11111111111

,[(o4epHHMH .SIBmllOTCH npe.ZJ.npHHTHH, KOHTpom1pyeMbie fpynnoi1. fpynna KOHTpon11pyeT .ll.04epHee

npe.ZJ.npHHTHe, KOr.ZJ.a fpynna nO.ZJ.Bep)I<eHa pHCKaM, CBH3aHHbIM c nepeMeHHbIM .ZJ.OXO.ZJ.OM OT y'laCTHH

B o6'beh.-re HHBeCTHUHH HJIH HMeeT npaaa Ha nony'leHHe TaKOro .ZJ.OXO.ZJ.a, H HMeeT B03M0)f(H0CTb

HCnOJJb30BaTb CBOH noJJHOM04HH B OTHOllJeHHH .ZJ.aHHOro npe.ZJ.npHHTHH c uenbIO OKa3aHHH BnHHHHH

Ha BeJJHlJHHY :noro .ZJ.OXO.ZJ.a. noKaJaTenH cpHHaHCOBOH OTlJeTHOCTH .ZJ.O•IepHHX npe.ZJ.npHHTHH

OTpruKalOTCH B COCTaBe KOHCOnH.ZJ.HpOBaHHOH cpHHaHCOBOH OTlJeTHOCTH c .ZJ.aTbl nony4emrn KOHTponH

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B Tex cny'laHX, KOr.ZJ.a ee Heo6XO.ZJ.HMO 6b1no npHBeCTH B COOTBeTCTBHe c y'leTHOH nonHTHKOH,

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npe.ZJ.npHHTHH, B nonHOM o6'beMe OTHOCHTCH Ha ClJeT HeKOHTpon11py1om11x .ZJ.Onei1, .ZJ.IDl\e ecnH :no

npHBO.ZJ.HT K B03HHKHOBeHHIO .ZJ.e6eTOBoro CaJlb.ll.0 ( «.ZJ.eq>HUHTa») Ha 3TOM ClJeTe.

fpynna C03.ZJ.aJia HeCKOnbKO CTpyh.-rypHpOBaHHblX npe.ZJ.npHHTHH c uenbIO ocymecTBneHHH

onepauHOHHOH .ZJ.eHTenbHOCTH Ha apeH.ZJ.OBaHHbIX ah.IHBax. y rpynnbl OTCYTCTBYIOT

HeKOHCOnH.ZJ.HpOBaHHbie CTpyh.-rypHpOBaHHbie npe.ZJ.npHHTHH.

(ii) llomep,11 1wm11po.rm

np11 noTepe KOHTpOJIH Ha.ZJ. .ll.04epHHM npe.ZJ.npHHTHeM f pynna npeKpamaeT npH3HaHHe era ah.IHBOB

H o6H3aTenbCTB, a TalOKe OTHOCHlllHXCH K HeMy HeKOHTpOn11py1om11x .ZJ.Onei1 H .ZJ.pyrnx KOMnOHeHTOB

KanHTa.na. Jl1061U1 nonom11TenbHaH HnH OTpHUaTenbHaH pa3HHUa, B03HHK11J!UI B pe3ynbTaTe noTepH

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co6oi1 lJaCTb HHBeCTHUHH B 6b1Bl1Jee .ll.04epHee npe.ZJ.npHHTHe, TO TaK!UI .ZJ.OnH oueHHBaeTCH no

cnpase.ZJ.nHBOH CTOHMOCTH Ha .ZJ.ary n0Tep11 KOHTponH. Bnocne.ZJ.CTBHH JTa .ZJ.OJJH yLIHTbrnaeTcH KaK

HHBeCTHUHH B accou1111poBaHHOe npe.ZJ.npHHTHe (c HCnOJJb30BaHHeM MeTO.ZJ.a .ZJ.Onesoro y•iaCTHH) HJIH

KaK cpHHaHCOBbIH ah.IHB, HMelOlllHHCH B HaJIHLIHH .ZJ.nH npO.ZJ.IDICH, B JaBHCHMOCTH OT Toro, B KaKOH

cTeneHH f pynna npo.ZJ.onmaeT BJJHHTb Ha yKaJaHHOe npennpHHTHe.

(iii) Y•tacmue 6 o6ueKllUIX 1111aecmlll(llli, )''llllllbl6Qe.UblX .uemooo.u ooneaozo y•taClllllJI

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yLiaCTHe B accou1111poBaHHbIX npe.ZJ.npHHTHHX.

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EcnH rpynne nptrna.ZJ.nemHT OT 20 .ZJ.O 50 npoueHTOB npaB ronocoBaHHH B npe.ZJ.npmtTHH, TO HaJIHLIHe

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B KOHCOnH.ZJ.HpOBaHHOH cpHHaHCOBOH OTLieTHOCTH fpynna OTpIDtrneT CBOIO .ll.OJllO B npHGblJJH HnH

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44

AO «Mocaoil0Ka11a.r1» flp 1L11e •tal/l/R 1' IWllCOJl l/OllpOGGl/l/Oli </JllllQllCOGOli 0 111 1/elllllOCnl!I JQ 200, JGl..-011'111611/llliCR 31 Oei;a 6pR 2016 2000

c MOMeHTa B03Hl1KHOBeHl1Sl 3Ha1rnTeJlbHOro BJ111SIHl1Sl HJlH ocymecTBJleHl1Sl COBMeCTHOro KOHTpOllSI

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npeBblWaeT ee .nomo yttacrnSI B 3TOM 06beKTe, 6a.naHCOBaSI CTOHMOCTb .naHHOH .ll.OJlH yttaCTHSI

(sKJJ1ottaS1 mo6b1e .nonrocpottHbre 11HBeCT11U.HH) cHmrcaeTcSI .no HYJlSI 11 .!laJlbHei1w11e y6b1TK11

rpynnoi1 He np113HaJOTCSI, KpOMe TeX cnyttaes, KOr,!la rpynna np11HSIJ1a Ha ce6SI 06Sl3aTeJlbCTBa no

KOMneHcau.1111 y6blTKOB 3TOro o6beKTa 11HBeCT11U.11H, 111160 np0113Bena BblnJlaTbl OT ero 11MeHl1.

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57

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58

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59

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.nom1<eH npH3HaBaTh aKTHB B qiopMe npaaa noJJb30BaHHH, npe.ncrnanH1ow,11i1 co6oi1 npaao 11cnoJJb30BaTh 6aJOBbtH ah.'THB, H o6H3aTeJJbCTBO no apeH.ne, npe.ncrna1rn1ow,ee co6oi1 o6H3aHHOCTb ocyw,eCTBJJHTb apeH,!lHhle nJJaTe)J<H. npe.nycMOTpeHhl He06H3aTeJJbHb!e ynpow,eHH.H B OTHOWeHHH

60

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KpaTKOCpOlfHOH apeH.Ubl H apeH.Ubl o6beKTOB c HH3KOH CTOHMOCTblO. J].Jrn ape1-1.no.naTenei1 npaBHna yyern B uenoM coxpa1-1l110TCll - 01-111 npo.nom1<aT KJ1accHCjrnu11posaTb ape1-1.ny Ha cj1111-1a1-1cosy10 H onepau1101-11-1y10.

MCcDO (IFRS) 16 3aMem1eT cyw.ecrny1ow.ee pyKoso.ncTBO B ornoweHHH apeH.Ubl, B TOM l!Hcne MCcI)O (IAS) 17 «Ape1-1.na», Pa3bRCHe1rne KPMC!JO (IFRJC) 4 «Onpe.neneHHe HaJIHlfHR B cornaweHHH npH3HaKoB apeH.nhrn, PaJbllCHeH11e nKP (SIC) 15 «OnepauHOHHaR apeH.na -CTHMynbl» H Pa3bllCHeHHe nKP (SIC) 27 «0npe.neneHHe cyW.HOCTH onepauHH, HMelOW.HX lOpH.UHlfeCKYIO cjiopMy apeH.Ubl».

MCC!JO (IFRS) 16 scrynaeT B c11ny B ornoweHHH ro.nosb1X nepHo.nos, HalfHHa!OW.HXCR 1 RHBapll 2019 ro.na 11n11 nocne 3TOH .naTbl. ,lJ.onycKaeTcR .nocpoYHoe npHMeHeHHe crnH.naprn .nnR npe.nnpHRTHH, KOTOpb1e npHMeHRIOT MCCl)Q (IFRS) 15 «Bb1pyYKa no .norosopaM c noKynaTenRMH» Ha .nary nepsoHalfaJlbHOro npHMeHeHHR MCC!JO (IFRS) 16 1rnH .no Hee.

rpynna np11crynHna K nepBHlfHOH oueHKe B03Mm1rnoro snHllHHR npHMeHeHHR MCC!JO (IFRS) 16 Ha CBOIO KOHCOnH.nHpOBaHHYIO QlHHaHCOBYIO OTlfeTHOCTb. K HaCTORW.eMy MOMeHry HaH6onee cyw.ecTBeHHOe Bbl5!BneHHOe BnHRHHe 3aKJl!O•laeTC5! B He06XO,UHMOCTH npH3HaHHll rpynnOH aKTHBOB H o6R3aTenbCTB no .norosopaM onepauHOHHOH apeH.nb1 3,naHHH, o6beKTOB so.nocHa6)f<eHHR H so.noorne.neHHR. KpoMe Toro, H3MeHHTCR xapaKTep pacxo.nos, npH3HasaeMblX B OTHOWeHHH 3THX .norosopos, TaK KaK s coorneTcrn1111 c MCC!JO (IFRS) 16 BMecrn pacxo.nos no apeH.ne, pasHoMepHo np113HaBaeMblX B Tel!eHHe cpOKa ,neHCTBHR .norosopa, rpynna .nom1<Ha 6y,neT OTpIDKaTb paCXO,Ubl no aMOpTH3aUHH aKfHBOB B cjiopMe npasa nonb30BaHl15! 11 npoueHTHble paCXO.Ubl, OTHOCRW.HeCR K 065!3aTenbCTBaM no apeH,ne. rpynna ew.e He peWHna, 6y,neT nH OHa HCnOnb30BaTb He065!3aTenbHble ynp01ueH11R.

(i) llepex:oiJ 11a llOflfllli c11u11u)apm

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- peTpocneKTl1BHblH no.nxo.n; 11n11

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He onpe.nen11na, KaKOH sap11a1-1T nepexo.na np11MeH11Tb.

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rpynna eme 1-1e nposena Kon11YecrneHHy10 oueHKY BJil1RH11ll np11MeHeH11R MCC!JO (IFRS) 16 Ha noKaJaTen11 cso11x airrnsos 11 o6H3aTenhCTB. Kon11YecrneHHhlH 3cpcpeKT 6y.neT 3as11ceTh, B l.faCTHOCTl1, OT Toro, KaKOH MeTO.n nepexo.na Ha HOBblH CTaH.napT 6y.neT Bb16pa1-1, B KaKOH CTene1-111 rpynnOH 6y.nyT HCnOJlb30BaHbl ynpoIUeHl1ll npaKTHlfeCKOro xapaKTepa 11 OCB060Jl\,UeHl1ll OT np113HaHl15!, a TalOl\e OT TOfO, KaKl1e HOBble ,norosopa apeH.Ubl 6y.nyT 3aKJllOlfeHbl rpynnOH. rpynna nna1rnpyeT pacKpblTh HHc~opMauH10 o Bh16paHHOM sap11aHTe nepexo.na 11 Kon11Yecrne1-11-1y10 m1cj1opMau1110 .no np11Me1-1eH11R crnH.naprn.

61

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62