Consolidated Statement of Changes in Equity

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
in billions of Russian Roubles Attributable to shareholders of the bank
Share capital Treasury shares Share premium Revaluation reserve for office premises
Balance as at 31 December 2012 87.7 (7.6) 232.6 79.0
Changes in equity for the year ended 31 December 2013
Net result from treasury shares transactions 0.4
Dividends declared
Transfer of revaluation reserve for office premises upon disposal or depreciation (3.2)
Changes in ownership interests in subsidiaries
Profit for the year
Other comprehensive loss for the year
Total comprehensive income for the year
Balance as at 31 December 2013 87.7 (7.2) 232.6 75.8
Changes in equity for the year ended 31 December 2014
Net result from treasury shares transactions (0.4)
Dividends declared
Transfer of revaluation reserve for office premises upon disposal or depreciation (3.5)
Changes in ownership interests in subsidiaries
Profit for the year
Other comprehensive loss for the year
Total comprehensive income for the year
Balance as at 31 December 2014 87.7 (7.6) 232.6 72.3
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
in billions of Russian Roubles Attributable to shareholders of the bank Non-controlling interest Total equity
Fair value reserve for investment securities available-for-sale Foreign currency translation reserve Retained earnings Total
Balance as at 31 December 2012 37.3 (4.7) 1,186.7 1,611.0 12.8 1,623.8
Changes in equity for the year ended 31 December 2013
Net result from treasury shares transactions 0.4 0.4
Dividends declared (58.5) (58.5) (58.5)
Transfer of revaluation reserve for office premises upon disposal or depreciation 3.2
Changes in ownership interests in subsidiaries (1.3) (1.3)
Profit for the year 363.8 363.8 (1.8) 362.0
Other comprehensive loss for the year (36.0) (9.0) (45.0) (45.0)
Total comprehensive income for the year (36.0) (9.0) 363.8 318.8 (1.8) 317.0
Balance as at 31 December 2013 1.3 (13.7) 1,495.2 1,871.7 9.7 1,881.4
Changes in equity for the year ended 31 December 2014
Net result from treasury shares transactions (0.4) (0.4)
Dividends declared (72.1) (72.1) (72.1)
Transfer of revaluation reserve for office premises upon disposal or depreciation 3.5
Changes in ownership interests in subsidiaries (3.4) (3.4)
Profit for the year 292.2 292.2 (1.9) 290.3
Other comprehensive loss for the year (172.7) 96.9 (75.8) 0.1 (75.7)
Total comprehensive income for the year (172.7) 96.9 292.2 216.4 (1.8) 214.6
Balance as at 31 December 2014 (171.4) 83.2 1,718.8 2,015.6 4.5 2,020.1

These summary consolidated financial statements do not contain all the disclosures required by International Financial Reporting Standards (IFRS), namely summary of principal accounting policies and other explanatory information as presented in the audited consolidated financial statements of Sberbank and its subsidiaries (together “the Group”) prepared in accordance with IFRS for the year ended 31 December 2014. For a better understanding of the Group’s financial position, its financial performance and its cash flows, these summary consolidated financial statements should be read in conjunction with the audited consolidated financial statements of the Group which these summary consolidated financial statements were derived from.

The copies of the audited consolidated financial statements can be obtained from Sberbank of Russia.

Consolidated financial statements of Sberbank of Russia with independent auditor’s report for the year ended 31 December 2013 is publicly available at the bank’s website: www.sberbank.ru.