Profit-and-Loss Statement

Item 

Note

Accounting Period  (for 03.2008)

From the beginning of this year (for 01-03.2008)

For the same period of the previous year (for 03.2008)

For the same period from the beginning of the previous period (for 01-03.2008)

1

2

3

4

5

6

Commissions

99 632

461 301

501 688

816 527

including:

- from pension assets

95 054

283 262

76342

220 595

 - from investment income /losses on pension assets

4 578

178 39

425 346

595 932

Incomes in the form of interest from current accounts and placed deposits

1 985

8 595

5 344

13 870

Incomes in the form of interest (coupon and/or discount) on securities acquired

30 782

80 048

10 578

32 639

Incomes (losses) from sales and purchase of securities (net)

Incomes (losses) resulted from changes in the value of trading securities (net)

Incomes from reverse repo transactions

4 641

Incomes (losses) from foreign currency valuation (net)

Incomes from sale of non-financial assets and receiving of assets

-7

7

Other incomes

601

1 111

365

394

Total Income

133 000

555 689

517 975

863 437

Commission Expenses

7 306

21 300

7 036

20 930

including:

- commissions to organizations managing investment operations

- commissions to custodian banks

7 306

21 300

7 036

20 930

Expenses in the form remuneration (premium) paid under the securities acquired

Expenses for REPO transactions

Commissions for obtained loans and financial lease

General administrative expenses

59 719

175 329

46 104

119 884

including:

- salaries and travel expense

49 872

139 972

30 067

75 729

- depreciation

5 700

18 341

11 218

30 983

- current lease expense

4 045

16 305

5 125

12 838

- tax and other compulsory payments (except corporate income tax)

102

711

-306

334

- Expenses for sales of non-financial assets and assets transfer

- Other expenses

27 020

72 323

23 776

46 923

Expenses total

94 045

268 952

76 916

187 737

Profit (loss) from deductions to provisions

38 955

286 373

441 059

675 700

Provisions (provisions restoration) for possible operating losses

Income from participation in other legal entities

Profit (loss) for period

Profit (loss) from winding-up

Profit (loss) before taxes

38 955

286 737

441 059

675 700

Corporate Income Tax

11 712

86 047

58 751

176 530

Net profit (loss) after taxes

27 243

200 690

382 308

499 170

Minority Share

Net profit (loss) for period

27 243

200 690

382 308

499 170