12. Cash and cash equivalents
|
31 December 2013 |
31 December 2012 |
|
|---|---|---|
|
Cash on hand and bank accounts denominated in roubles |
298.7 |
257.7 |
|
Bank accounts denominated in US Dollars |
122.9 |
162.1 |
|
Bank deposits denominated in roubles with maturity of less than 90 days |
57.8 |
9.5 |
|
Bank deposits denominated in US Dollars with maturity of less than 90 days |
40.0 |
0.5 |
|
Bank accounts denominated in other currencies |
32.6 |
36.8 |
|
Bank accounts denominated in Euro |
15.3 |
26.7 |
|
Cash in transit |
2.8 |
2.9 |
|
Total cash and cash equivalents |
570.1 |
496.2 |
The Group’s exposure to interest rate risk and a sensitivity analysis for financial assets are disclosed in Note 37. Most of the funds are held with a highly reliable state-controlled Russian bank – OJSC Sberbank of Russia (“Sberbank of RF“) with long-term credit rating BBB (Fitch rating agency), and OJSC Bank BFA (“Bank BFA“) with long-term credit rating В (S&P rating agency).
As at 31 December 2013 the Group had restricted cash of USD 3.2 million (31 December 2012: USD 1.4 million) recorded within other non-current assets in the Group’s consolidated statement of financial position.
Notes in Consolidated Statements:
Consolidated Statement of Financial Position
Consolidated Statement of Cash Flows
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