Consolidated Statement of Financial Position

CONSOLIDATED STATEMENT OF FINANCIAL POSITION
in billions of Russian Roubles 31 December 2014 31 December 2013
ASSETS
Cash and cash equivalents 2,308.8 1,327.0
Mandatory cash balances with central banks 365.7 251.5
Trading securities 37.3 101.2
Securities designated as at fair value through profit or loss 77.7 17.5
Due from banks 240.8 330.5
Loans and advances to customers 17,756.6 12,933.7
Securities pledged under repurchase agreements 1,169.3 1,343.8
Investment securities available-for-sale 829.7 476.2
Investment securities held-to-maturity 117.9 202.5
Deferred tax asset 19.1 12.3
Premises and equipment 496.4 477.3
Assets of the disposal group and non-current assets held for sale 72.0 3.1
Other financial assets 1,369.6 406.2
Other non-financial assets 339.9 327.5
TOTAL ASSETS 25,200.8 18,210.3
LIABILITIES
Due to banks 3,640.0 2,111.3
Due to individuals 9,328.4 8,435.8
Due to corporate customers 6,234.5 3,628.4
Debt securities in issue 1,302.6 853.4
Other borrowed funds 537.2 499.1
Deferred tax liability 45.3 23.8
Liabilities of the disposal group 58.2 0.2
Other financial liabilities 1,213.6 299.5
Other non-financial liabilities 51.4 52.7
Subordinated debt 769.5 424.7
TOTAL LIABILITIES 23,180.7 16,328.9
EQUITY
Share capital 87.7 87.7
Treasury shares (7.6) (7.2)
Share premium 232.6 232.6
Revaluation reserve for office premises 72.3 75.8
Fair value reserve for investment securities available-for-sale (171.4) 1.3
Foreign currency translation reserve 83.2 (13.7)
Retained earnings 1,718.8 1,495.2
Total equity attributable to shareholders of the bank 2,015.6 1,871.7
Non-controlling interest 4.5 9.7
TOTAL EQUITY 2,020.1 1,881.4
TOTAL LIABILITIES AND EQUITY 25,200.8 18,210.3

Approved for issue and signed on behalf of the Management Board on 25 March 2015.

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.