Balance sheet total

In 2015, FPC’s balance sheet total decreased by RUB 1.7 billion, or by 0.7%.

As at 31 December 2014, FPC’s share capital was RUB 152.6 billion; as at 31 December 2015, it amounted to — RUB 165.5 billion.

In 2014, FPC launched its scheduled additional issue of 12,825,192,406 shares with par value of RUB 1 each.

On 28 May 2015, Moscow Interdistrict Tax Office No. 46 of the Federal Tax Service registered amendments to FPC’s Articles of Association to incorporate changes in its authorised capital.

The purpose of this additional issue of FPC’s shares was to optimise utilisation of the RZD assets.

FPC secured payment with cash in the amount of RUB 4.5 billion and property worth a total of RUB 8.3 billion: 17 property assets, 399 passenger carriages, 432 movable property assets.

As a result, the Company issued 165,461,040,539 ordinary registered uncertified shares with the same par value of RUB 1 each.

RZD’s shareholding in FPC’s authorised capital amounts to 99.9999999996%.

Baminvest’s shareholding in FPC’s authorised capital amounts to 0.0000000004%.

FPC’s registrar is JSC STATUS which maintains the FPC securities register under contract No. 201-14/FPC-14-216 dated 11 June 2014.

As at 31 December 2015, FPC’s non-current liabilities amounted to RUB 14.7 billion, including loans and borrowings in the amount of RUB 11.6 billion.

In the reporting year, the Company’s net assets increased by 0.1% to RUB 181.2 billion.

Key balance sheet items, RUB bn

Highlights 2013 2014 2015
Changes in receivables, RUB bn 0.14 0.86 –1.41
Changes in payables, RUB bn –2.08 0.20 –0.90
Receivables growth / reduction rate, % 101.7 110.4 84.7
Payables growth / reduction rate, % 93.0 100.7 96.8
Receivables outstanding, days 13 15 13
Payables outstanding, days 36 37 38
Receivables to payables ratio 0.30 0.33 0.29

Balance sheet changes, RUB bn

Balance sheet changes

Balance sheet changes, RUB bn

Balance sheet changes

Changes in net assets, RUB billion

Changes in net assets