Republican Unitary Enterprise "Minskavtodor-Center" Financial Statements for the year ended 31 December 2015 Contents Independent Auditors' Report 3 Balance Sheet 6 Income Statement 8 Statement of Changes in equity 10 Cash flow Statement 13 Notes to the Financial Statements 15 KPMG, Limited liability company Telephone +375 17 372 72 57 57-53 Dzerzhinsky avenue Fax +375 17 372 72 58 13th floor, office 53-2 Internet www.kpmg.by 220089 Minsk Belarus Independent Auditors' Report on Financial Statements of RUE "Minskavtodor-Center" for the year 2015 To Shareholder and Mr. A.V. Labkovich Chief Accountant RUE "Minskavtodor-Center" 37 Kalvariiskaya str. Minsk, 220073, Republic of Belarus Certificate of state registration is issued under ruling of Minsk City Executive Committee on 14 July 2005 Registration number N2 600921909 Out ref. 2806-04 We have audited the accompanying financial statements of RUE "Minskavtodor-Center" (hereinafter - the Company), which comprise the balance sheet as at 31 December 2015, the income statement, statement of changes in equity, cash flow statement for the year ended 31 December 2015, and notes to the financial statements. Management's Responsibility for the Financial Statements Management of the Company is responsible for the preparation and fair presentation of these financial statements in accordance with the requirements of legislation of the Republic of Belarus, and for such internal controls as management determines are necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Auditors'Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the requirements of Law of the Republic of Belarus # 56-3 of 12 July 2013 "On auditing", National regulations on auditing and International Standards on Auditing if they do not contradict the mentioned requirements. Those standards and regulations require that we comply with ethical requirements and plan and perform our audit to obtain reasonable assurance whether the financial statements are free from material misstatement. KPMG, a Limited liability company and a member firm of Registered in Belarus NO 191434140 the KPMG network of independent member firms Registered office: 57-53 Dzerzhinsky avenue affiliated with KPMG International Cooperative (<), a Swiss entity. 220089 Minsk Belarus Qualified Opinion In our opinion, except for the effects of the matter described in the first paragraph of the Basis for Qualified Opinion, and except for the effects of the matter described in the second paragraph of the Basis for Qualified Opinion on the corresponding figures as at and for the year ended 31 December 2014 and the effects on the comparability of the current and previous year's figures of the matter the financial statements present fairly, in all material respects, the financial position of RUE "Minskavtodor-Center" as at 31 December 2015, its financial performance and its cash flows for the year then ended in accordance with the legislation of the Republic of Belarus in respect of the preparation of the financial statements. Vasyl Pavienkw Deputy Audit V r Alexey Ulazov' y Audit Manager 28 June 2016 Minsk, Republic of Belarus LLC "KPMG" Certificate of state registration is issued by Minsk Municipal Executive Committee under ruling of 10.02.2011, Registration number 191434140 This report is the English translation of the original Russian. In the event of discrepancies between the two reports, the Russian version prevails KPMG, a Limited liability company and a member firm of Registered in Belarus No 191434140 the KPMG network of independent member firms Registered office: 57-53 Dzerzhinsky avenue affiliated with KPMG International Cooperative (oKPMG 13th floor, office 53,2 International,), a Swiss entity. 220089 Minsk Belarus Supplement I to Decree of the Ministry of Finance of the Republic of Belarus dated3l.10.2011 X2 ll BALANCE SHEET As at 31 December2015 Organisation RUE"Minskavtodor-Center" Taxpayer'sRegistrationNumber 190638747 Activitytype Consolidated Organizationallegalform Governingbody MinistryofTransportandCommunications Measurementunit BYRmIn Address 37Kalvariiskayastr.,Minsk Dateofapproval Dateofsubmission Dateofacceptance Assets Itemcode Asat Asat 31 31December2015 December2014 1 2 3 4 I.NON-CURRENTASSETS Fixedassets 110 31261525 27954522 Intangibleassets 120 506 13 Income-bearinginvestmentsintotangibleassets 130 Including: investmentproperty 131 financeleaseitems 132 otherincome-bearinginvestmentsintotangibleassets 133 Investmentsintonon-currentassets 140 723 454 768 071 Long-termfinancialinvestments 150 3 3 Deferredtaxassets 160 Non-currentreceivables 170 155 171 Othernon-currentassets 180 37142 15908 TOTALforSectionI 190 32022785 28738688 II.CURRENTASSETS Inventories 210 235212 181686 Including: 62400 51431 materials 211 domesticanimalsbeinggrownandfed 212 - - workinprogress 213 172792 129881 finishedgoodsandgoodsforsale 214 20 374 shippedgoods 215 - - otherinventories 216 - - Non-currentassetsheldforsale 220 - - Deferredexpenses 230 1 119 602 Value-addedtaxonacquiredgoods,works,services 240 154 775 159 059 Short-termaccountsreceivable 250 320419 102613 Short-termfinancialinvestments 260 338 689 Cashandcashequivalents 270 6 223 9 702 Othercurrentassets 280 15914 2689 TOTALforSectionll 290 734000 457040 BALANCE 300 32756785 29195728 Equityand liabilities Itemcode Asat Asat 31 31December2015 December2014 2 3 4 III.EQUITY Sharecapital 410 316471 300003 Unpaidsharecapital 420 Treasurystock 430 Reservecapital 440 1090 1071 Additionalpaid-incapital 450 29 168 097 28 060 143 Retainedearnings(Accumulatedlosses) 460 15 143 9 023 Netprofit(losses)ofthereportingperiod 470 - - Special-purposefinancing 480 578632 131696 TOTALforSectionIll 490 30079433 28501936 IV.LONG-TERMLIABILITIES Long-termloansandborrowings 510 Long-termliabilitiesonleasepayments 520 - - Deferredtaxliabilities 530 3 3 Deferredincome 540 2529830 514778 Reserveforfutureexpenses 550 Otherlong-termliabilities 560 TOTALforSectionIV 590 2529833 514781 V.SHORT-TERMLIABILITIES Short-termloansandborrowings 610 14 000 Short-termpartoflong-termliabilities 620 Short-termaccountspayable 630 133519 179011 Including: tosuppliers,contractorsandexecutors 631 101 173 112 890 receivedadvances 632 915 37867 taxesandduties 633 11 262 12 236 socialsecuritypayable 634 4604 3418 salaryaccruals 635 12823 9793 leasepayments 636 - - oowners(founders,participants) 637 1142 oothercreditors 638 2742 1665 Liabilitiesheldforsale 640 Deferredincome 650 Reserveforfutureexpenses 660 Othershort-termliabilities 670 TOTALforSectionV 690 147519 179011 BALANCE 700 32756785 29195728 Director N.N.Matyuk (signature) . (name) Deputy ChiefAccountant V.S. Grechishkina (signature) (name) Supplement 2 toDecree ofthe MinistryofFinanceof theRepublic of Belarus dated31.10.2011# Ill INCOME STATEMENT For January-December 2015 Organisation RUE"Minskavtodor-Center" Taxpayer'sRegistrationNumber 190638747 Activitytype Consolidated Organizationallegalform Governingbody MinistryofTransportandCommunications Measurementunit BYRmln Address 37Kalvariiskayastr.,Minsk Asat Asat 31 December Item Itemcode 31December2015 2014 1 2 3 4 Revenuefromsalesofgoods,products,works,services 010 475 339 407 809 Costofsales 020 (408 175) (355 902) Grossprofit(010-020) 030 67 164 51 907 Administrativeexpenses (45 237) (43 000) Sellingexpenses 050 Profit(loss)fromsalesofgoods,products,works,services(030- 060 21 927 8 907 040-050) Otheroperatingincome 070 28312 22324 Otheroperatingexpenses 080 (38 834) (27 956) Operatingprofit(loss)(±060+070-080) 090 11 405 3 275 Investment income 100 3540 8386 Including: 101 incomefromdisposaloffixedassets,intangibleassetsandothem 134 494 on-currentassets incomefromparticipationinotherorganisations 102 interestreceivable 103 15 36 otherinvestmentincome 104 3 391 7856 Investment exnenses 110 (303) (1 457) Including: 111 expensesfordisposaloffixedassets,intangibleassetsandothem (282) (464) on-currentassets other investment expenses 112 (21) (993) Financing income 120 Including: 121 exchangedifferencesfromtranslationofassetsandliabil ities otherfinancingincome 122 Financingexpenses 130 (1 166) (3 531) Including: 131 (193) (1 881) interestpayable exchangedifferencesfromtranslationofassetsandliabilities 132 otherfinancingexpenses 133 (973) (1 650) Profit(loss)frominvestmentandfinancingactivity(100- 140 2 071 3 398 110+120-130) Profit(loss)beforetaxation(±090±140) 150 13 476 6 673 Incometax 160 4771 2635 Changeindeferredtaxassets 170 Changeindeferredtaxliabilities 180 Othertaxes,dutiesfromprofit(income) 190 Otherpaymentsfromprofit(income) 200 1 261 391 Netprofit(loss) (±150-160±170±180-190-200) 210 7 444 3 647 Resultfromrevaluationofnon- 26739 21 656 currentassetsnotincludedinnetprofit(loss) 220 Resultfromotheroperationsnotincludedinnetprofit(loss) 230 Comprehensiveprofit(loss)(±210±220±230) 240 34 183 25 303 Basicearnings(loss)pershare 250 Dilutedearnings(loss)pershare :-_60 Director N.N.Matyuk (signature) (name) Deputy ChiefAccountant V.S. Grechishkina (signature) (name) Supplement 3 to Decree of the Ministry of Finance of the Republic of Belarus STATEMENT dated 31.10.2011 # I11 of Changes in equity For January-December 2015 Organisation RUE"Minskavtodor-Center" Taxpayer'sRegistrationNumber 190638747 Activitytype Consolidated Organizational legalform Governing body MinistryofTransport andCommunications Measurement unit BYRmln Address 37Kalvariiskaya str.,Minsk Retainede Itemc Shareca Unpaids Treasu- Reservec Additionalp arnings(A Netpro Total Item ode pital harecap rystock apital aid- ccumulate fit(loss ital incapital dlosses) ) 1 2 3 4 5 6 7 8 9 10 Balance asat 31.12.2013 010 1 129 25760096 5268 25766496 Adjustment dueto change 020 inaccountingpolicy Adjustment duetoerrors 030 776 776 correction Restatedbalance 040 3 1 129 25 760 096 6 044 25 767 272 asat3l.12.2013 January-December 2014 050 300000 5 873 754 3694 6 177448 Increase inequity- total Including:ne t profit 051 - - - - - 3730 - 3 730 revaluationofnon- 052 - 21 656 21 656 currentassets income fromother operationsnot 053 - includedinnet profit(loss) issue ofadditional shares 054 - increase ofshare premium 055 - contributions .. 056 300 000 300000 fromowner(founders,partici reorganisation 057 - other 058 5 852 098 (36) 5 852 062 including socialsecurity 059 payments Decrease inequity- total 060 (77) (3 571 413) (2 903) (3 574 393) Including:lo ss 061 - - - - - - - - revaluationofnon- 062 currentassets Retainede Unpaids Additionalp arnings(A Netpro Item Itemc Shareca harecap Treasur Reservec aid- ccumulate fit(loss Total ode pital ital ystock apital incapital diosses) 1 2 3 4 5 6 7 8 9 10 expensesfromother operationsnot 063 - - - - - - includedinnet profit(loss) decrease ofshare premium 064 - repurchase ofshares(interestinshare capital) dividends andother incomefromparticipationinsha 066 (2 400) (2 400) recapital oforganisation reorganisation 067 (77) (503) (580) other 068 (3 571 413) (3 571 413) including 069 - - - socialsecuritypayments Change inshare capital 070 - - Change inreserve capital 080 19 (19) - Change inadditional paid- incpial090 (2 294) 2 294 incapital Balance asat 31 December 2014 100 300 003 1 071 28060 143 9 110 28 370 327 Balance asat 31.12.2014 110 300 003 1 071 28 060 143 9 110 28 370 327 Adjustment dueto change inaccountingpolicy Adjustment Adu.mn I30 (87) (87) duetoerrorscorrection Restatedbalance asat31.12.2014 140 300003 1071 28060143 9023 28370240 January-December 2015 Increase inequity- total 150 16468 3 028519 7507 3052494 Including:ne t profit 151 - - - - - 7444 _ revaluationofnon- currentassets 152 26739 26739 income fromother operationsnot 153 - - - - includedinnet profit(loss) issue ofadditional shares 154 - increase ofshare premium 155 - - contributions fromowner(founders,partici reorganisation 157 - - - other 158 1_ 1_1_1_ 3001 780 63 3 001843 including socialsecuritypayments Retainede Unpaids AdtoaPannsANtr Item Itemc Shareca harecap Treasur Reservec Additional arnings(A Netpro aid- ccumu- fit(oss Total ode pital ital stock apital incapital latedlosses 1 2 3 4 5 6 7 8 9 10 Decrease inequity- total 160 (27) (1 917 539) (4367) (1 921 933) Including:lo ss 161 - - - - - - - revaluationofnon- 162 - - - - - - - - currentassets expensesfromother operationsnot 163 - - - - includedinnet profit(loss) decrease ofshare premium 164 - - - - repurchase ofshares(interest 165 - - - inshare capital) dividends andother incomefromparticipationinsha 166 (4 345) (4 345) recapital oforganisation reorganisation 167 - - other 168 (27) (1917539) (22) (1917588) including socialsecuritypayments Change inshare capital 170 - - - - Change inreserve capital 180 46 (46) Change inadditional paid- 190 (3026) 3026 incapital Balance asat 31.12.2015 200 316 471 1090 29 168097 15 143 29500801 Including profit aimed at capital 201 investments -financing and repayment of credits (loans) for them in the reporting year Including profit aimed at capital 202 investments financing and repayment of credits (loans) for them previous years Director N.N.Matyuk (signature) (name) Deputy ChiefAccountant V.S. Grechishkina (signature) (name) Supplement4 to Decree of the Ministry of Finance of the Republic of Belarus dated 31.10.2011 # Ill CASHIFLOW STATEMENT For January-December 2015 Organisation RUE"Minskavtodor-Center" Taxpayer'sRegistrationNumber 190638747 Activitytype Consolidated Organizationallegalform Governingbody MinistryofTransportandCommunications Measurementunit BYRmln Address 37Kalvariiskayastr.,Minsk Item Itemcode For January- For January- December2015 December2014 I 2 3 4 Cashflowsfromoperatingactivities Cashinflow-total 020 534 007 499 958 Including: fromcustomersofgoods,products,works,services 021 fromcustomersofmaterialsandotherinventories 022 412 7 490 royalty 023 otherreceipts 024 386 825 32 182 Cashoutflow-total 030 (545721) (471711) Including: acquisitionofinventories,works,services 031 (306 381) (243 712) labourpayments 032 (117134) (99856) taxesandduties 033 (120 148) (117 134) otherpayments 034 (66 279) (68 988) Resultfromcashflowsfromoperatingactivities(020- 040 (52913) (41 877) 030) 040 (52 913) (41 877) Cashflowsfrominvestmentactivities Cashinflow-total 050 114229 65427 Including: fromcustomersoffixedassets,intangibleassetsandothernon- 185 4 344 currentassets repaymentofgrantedloans 052 28 35 incomefromparticipationinsharecapitalofotherorganis 053 - ations - interest 054 2 1 otherreceipts 055 114014 61047 Cashoutflow-total 060 (130507) (380 187) Including: acquisitionandcreationoffixedassets,intangibleassetsandoth 061 (23 373) (304 398) ernon-currentassets loansgranted 062 (22) (117) contributionstosharecapitalofotherorganisations 063 otherpayments 064 (107112) (75672) Resultfromcashflowsfrominvestmentactivities(050-060) 070 (16278) (314760) Item Itemcode For January- For January- December2015 December2014 1 2 3 4 Cashflowsfromfinancingactivities Cashinflow-total 080 30468 314295 Including: 14000 14295 loansandborrowings 081 issueofshares 082 - - contributionsfromowner(founders,participants) 083 16 468 300 000 otherreceipts 084 - - Cashoutflow-total 090 (5 955) (35 141) Including: (30 624) repaymentofloansandborrowings 091 paymentofdividendsandotherincomefrom 092 (5 542) (1 505) interestpayment 093 (186) (2285) leasepayment 094 otherpayments 095 (227) (727) Resultfromcashflowsfromfinancingactivities(080- 100 24 513 279 154 090) Cashflowsforthereportingperiod(±040±070±100) 110 (3 479) (7 359) Balanceofcashandcashequivalents 120 9 702 17 061 Asat3 1December2014 Balanceofcashandcashequivalentsasattheendofthe 130 6223 9702 reportingperiod Effectofexchangeratechange i - Director 7 N.N.Matyuk (signature) (name) Deputy ChiefAccountant V.S. Grechishkina (signature) (name) Notes to the financial statements 1. RUE <> consists of 13 divisions (Road Operation Office (ROO) 5, 6, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69 and SD-1 (Specialized Department-1), which are not legal entities and are serviced in the banks at its location and have subaccounts and taxpayer's registrations numbers. The objective of the Company's activity is maintenance of appropriate operational conditions of the net of republican highways being on the balance of the Company. The scope of operations of the Company is maintenance and repair of the highways being on the balance of the Company, as well as buildings located on them. According to the accounting policy of RUE < for 2015 the revenue from the sale of products, goods, services in 2015 was 570 231 million rubles, VAT - 94 892 million rubles. Cost of sold goods, products, services amounted to 408 175 million rubles, administrative expenses amounted to 45 237 million rubles. Profit from sales of products, goods, works, services amounted to 21 927 million rubles. Profitability of sales of products, goods, works, services was 4,8%. Net profit for 2015 amounted to 7 444 million rubles, including (by branch offices): ROO-5 - 0 million rubles ROO-6 - 340 million rubles ROO-60 - 165 million rubles ROO-61 - 2 million rubles ROO-62 - 3 million rubles ROO-63 - 0 million rubles ROO-64 - 208 million rubles ROO-65 - 67 million rubles ROO-66 - 0 million rubles ROO-67 - 1 million rubles ROO-68 - 0 million rubles ROO-69 - 1 million rubles SD-1 - 1 159 million rubles Administration - 5 498 million rubles In the reporting period the accounting records were kept in accordance with accounting policy approved by the Company. The accounting records are automated by means of accounting software. The original cost of fixed assets as at 31 December 2015 amounted to 31 626 944 million rubles (appendix 1). 2. The depreciation is accrued using straight-line method based on depreciable (residual) value of fixed assets, determined useful lives of items involved inbusiness activity, or standard useful lives of items which not involved in business activity, set by the Classifier of Fixed Assets approved by Decree No. 161 of the Ministry of Economy of the Republic of Belarus dated 30.09.2011. The useful lives are determined by the Commission for depreciation policy within the period stated in Annex No. 3 to Instruction No. 37/18/6 (as amended by Instruction No. 162/101/45 dated 30.09.2011). The useful lives are determined by the Commission taking into account the influence of aggressive environment, rotation, other deviations from set basic modes of operation. The amount of accumulated depreciation was: Asat 31.12.2014 (millionrubles) Asat 31.12.2015 (millionrubles) 333476 365419 The amount of impairment stated in accounting records within expenses, recovered within income and (or) additional paid-in capital were not recognised in the reporting period. In the reporting period the original cost of fixed assets changed: - construction of the second Ring Road ( 1st stage) in the amount of 2 252 228million rubles - completed capital repairs of highway R- 28 "Minsk- Molodechno- Naroch" km 61,253 - km 71,112 which amounted to 2 033 million rubles; - completed capital repairs of over-bridge R- 58 "Minsk- Kalachi- Miadzel"' km 10 1,285 which amounted to 5 726 million rubles - completed capital repairs of highway M-2 Minsk-the National airport "Minsk" (exterior lightning of highway km 13,411- km 26,1). Design of exterior lighting control system, km 13,411 - km 41,85 in the amount of 580 million rubles. - completed capital repairs of highway M1/E30 "Brest (Kozlovichi) - Minsk - border of the Russian Federation (Redki)", km 294,200 - km 294,450 (1 stage), km 305 which amounted to 7 684 million rubles; - completed capital repairs of access to Ozerny complex which amounted to 5 million rubles; - completed capital repairs of highway 53-Sloboda -Novosady km 49,500 - km 52,100 (1st stage). The bridge across the river Skha in the amount of 8910 million rubles.; - gratuitously accepted costs for maintenance od acceleration-deceleration lanes of highway M1/E30 "Brest (Kozlovichi) - Minsk - border of the Russian Federation (Redki)" from RUE "Belorusneft - Minskoblnefteprodukt", made in the construction of the gas station facility, km 391 in the amount of 4 413 million. rubles; - gratuitously accepted costs for barrier fence construction on the highway M1/E30 Brest (Kozlovichi) - Minsk - border of the Russian Federation (Redki), km 288 from RUE "Belorusneft - Minskoblnefteprodukt" in the amount of 113 million rubles; - completed permanent repair and maintenance of highways which amounted to 142 190 million rubles; - revaluation of fixed assets amounted to 1 015 702 million rubles; - gratuitously received from RUE "Mogilevavtodor" fixed assets (machinery and equipment, vehicles) amounted to 49 960 million rubles.; - modernization of: elevated work platform at ROO-69 amounted to 134 million rubles; mini-PABXATC at SD-i in the amount of 4 million rubles; two sand and salt distributers at ROO- 62 in the amount of 187 million rubles; - purchased at own funds amounted to 12 123million rubles. As at 31 December 2015 pledged fixed assets amounted to 19 178 million rubles. Bus MAZ-256170 at ROO-64 is not in temporary use; accumulated depreciation in the amount of 38 million rubles was written off to other expenses from operating activity. As at the end of the reporting period the original (revalued) amount of operating and fully depreciated fixed assets was 110 632 million rubles. Due to opening of the road M-14 "Second Ring Road around the city of Minsk," the costs that will be transferred to operators in the year 2016 amount to 85109,3 million rubles. 3. As at 31 December 2015 the original (revalued) value of intangible assets amounted to 535 million rubles (Enclosure 2). Amortization of intangible assets is charged by the straight-line method based on the depreciable amount of the object. As at 31 December 2014 the accumulated amortization amounted to 10 million rubles, the accrued amortization for the reporting period amounted to 19 million rubles. During the reporting period no impairment amounts were recorded as expenses recovered in income and (or) additional paid-in capital. 4. During the reporting period the investment properties were not leased out. Investment properties were not disposed in the reporting period. There are no investment properties included into inventories or operating property. 5. Upon receipt the materials are evaluated at book prices using account 16 "Deviation in prices of materials". Supplier's price (purchase price) is applied as book price. During the reporting period the inventory was not written off. Inventories were not pledged as collateral. 6. Accounts receivable repayment of which is due within 12 months after the balance sheet date as at 31.12.2014 was 102 613 million rubles, as at 31.12.2015 - 320 419 million rubles. Accounts receivable, including loans for housing construction repayment of which is due in more than 12 months as at the end of the previous year amounted to 171 million rubles, as at the end of the reporting period - 155 million rubles, including: 155 million rubles - loans for housing construction. As at the beginning of the reporting period: Indicator item 170 item 250 (ofbalancesheet) (ofbalancesheet) Customers and clients 0 50466 Suppliers and contractors 0 46 994 Taxes and duties 0 738 Settlementswithemployees 0 719 Differentdebtors 0 1 523 Other accountsreceivable 171 2 173 As at the end of the reporting period: Indicator item 170 item 250 (ofbalancesheet) (ofbalancesheet) Customers and clients 0 19 579 Suppliers and contractors 0 290 529 Taxes and duties 0 3619 Settlementswithemployees 0 667 Differentdebtors 0 3 147 Other accountsreceivable 155 2 878 Amount of allowance for doubtful accounts as at the end of the previous year was 97 million rubles, the allowance for doubtful accounts as at the end of the reporting period is 90 million rubles. During the reporting period the subdivisions of the Company wrote off expired receivables in the amount of 276 million rubles, including ROO 60- 216 million rubles and ROO-61- 60 million rubles. Expire accounts payable were written off at DEU-67 in the amount of 2 million rubles. 7. The amount of investments in securities of OJSC "Savings Bank "Belarusbank" in the form of cash at the end of the previous year was 3 063 thousand rubles, as at the end of the reporting period is 3 063 thousand rubles. Amounts of loans granted to other entities as at the end of the previous year amounted to 689 million rubles. As at the end of the reporting period loans granted to other organizations amount to 338 million rubles including the outstanding balance of the monetary loan of SI "Belavtostrada" - 338 million rubles. 8. During the reporting period the Company did not use investment fund. 9. During the reporting period the Company did not use long-term loans and borrowings. In the reporting period the Company received loans from JSC "Belinvestbank" in the amount of 14 000 million rubles. Interest accrued in the amount of 193 million rubles and repaid in the amount of 186 million rubles. ROO-61 received a trade loan in the amount of 60 million rubles, that is fully repaid as at 31.12.2015. 10. Other operating income for the reporting period amounted to 28 312 million rubles, including: Income Amountsinmillionrubles 1 item 070 "Other operatingincome" 28312 1.1. Salesofinventory 19 738 1.2. Return materials from development of highways 6 446 1.3. Rentofpremises 523 1.4. Services of boiler-house for water heating 409 Insurance indemnity for damaged guard rail as a result of 1.5. traffic accident 14 1.6. Reimbursement of expenses, damage 14 1.7. Sale of foreign currency 543 1.8. Currency exchange differences 10 1.9. Write off of accounts payable 2 1.10. Reimbursement of damage under court decisions 10 1.11. Repayment of allowance for doubtful debts 7 1.12. Districtexecutivecommittee's premium 9 Reimbursement of expenses for land tax on object reconstruction of highway M-5 Minsk-Gomel km 65.18 -km 1.13. 93.0 104 1.14. Indexation of payments for gas, electricity, water 99 1.15. Laboratorytests 342 1.16. Fines 42 Other operating expenses for the reporting period amounted to 38 834million rubles, including: Amountsinmillionrubl Expenditures es 1 item 080 "Other operatingexpenditures" 38 834 1.1. Financial aid in connection with marriage, birth of a child 204 1.2. Financial aid in connection with death, funeral services 305 Financial aid in connection with medical treatment, purchase of medicines, health improvement, with a difficult financial situation, 1.3. other statements 2776 Lump sum bonuses for anniversaries, in connection with 1.4. retirement, other. 554 1.5. Bonus for achievements in work, especially important task 1527 1.6. Bonus for participation in competitions 163 1.7. Reimbursement of damage (injury) 25 1.8. Social leave, additional leave, payment at the average 71 1.9. Mass cultural events, transfers to labor union committee 1718 1.10 . Costofrentingproperty 101 1.11 Cost of holding work council, conference, rally, opening of the . Second Ring Road 60 1.12 . National Social Security Fund, BGS, fine 1545 1.13 . Maintenanceof ZPU 97 1.14 . Maintenanceofhousingstock 211 1.15 . Write off of accounts receivable 276 1.16 . Return materials from stripping of highways 6446 1.17 Expenses on realization of inventories 17698 1.18 Laboratoryservices 413 1.19 Depreciation of fixed assets not involved in entrepreneurial activities 140 1.20 Reimbursement of loss, damage 128 1.21 Depreciation of gratuitously received fixed assets not involved in entrepreneurial activities 110 1.22 Voluntaryinsurance 148 1.23 Expenses not related to business 165 1.24 Services of machinery under collective agreement 48 1.25 Subscriptiontoperiodicals 7 1.26 Penalties for breach of contracts, the state duty, fines 1448 1.27 . Penalties, fines on taxes 562 1.28 Expenses on maintaining of base "Parus" 709 1.29 Communityworkday 16 1.30 Services of boiler-house for water heating 209 1.31 . Representation costs 10 1.32 . Write off shortage 38 1.33 Housing and utilitiesservices 106 1.34 Voluntary sale of foreign currency 543 1.35 . Currencyexchangedifferences 26 1.36 . Payments for water, water discharge 14 1.37 Land tax on object reconstruction of highway M-5 Minsk-Gomel S km 65.18 -km 93.0 92 1.38 . Sponsorship to sport fund 125 Investment income for the reporting period amounted to 3 540 million rubles, including: Income Amountsinmillionrubl es 1 item 100 "Investmentincome" 3 540 including: 1.1 . item 101 "Gain on disposal of fixed assets" 134 Write off of fixed assets 134 1.2 . item 103 "Interestreceivable" 15 Interestreceivable 15 1.3 . item 104 "Other investmentincome" 3391 Insurance compensation for road accident 32 Depreciation of gratuitously received fixed assets 3204 Depreciation of fixed assets under Decree No. 514 13 _ Price reduction of depreciation during the revaluation 142 Investment expenses for the reporting period amounted to 303 million rubles, including: Expenditure Amountsinmillionrubl es 1 item 110 "Expenses from investment activities" 303 Including: 1.1 . item 111 "Expenses from disposal of fixed assets" 282 Expenses from write off of design and exploration work, construction in progress 282 1.2 . item 112 "Other investmentexpenses" 21 Recovery of price reduction of fixed assets during the revaluation 21 Financing income for the reporting period amounted to 0 million rubles. Financing expenses for the reporting period amounted to 1 166 million rubles, including: Expenditures Amountsinmillionruble S 1 item 130 "Expenses from financing activities" 1 166 Including: 1.1 . Item 131 "Dueinterest" 193 Interest for use of short-term credit 193 1.2 . item 133 "Other financingexpenses" 973 Interests on the loan of RUE "Belarusneft-Orgneftekhim" 973 There are no other income and expenses for the reporting period. There are no income or expenses from goods exchange transactions for the reporting period. Subdivision ROO- 67, donated gratuitously the premises of 25 m2 under the contract dated 12/11/2015 No. 1 to Minsk regional committee of natural resources and environmental protection, coordination of the Ministry of Transport and Communications of the Republic of Belarus (letter from 11.11.2015g. .L 12-11 / 9526), the order of RUE "Minskavtodor Center" dated 12.11.2015 No. 375. The changes have been made to form No. 1 "Balance sheet", form No. 2 "Income statement", form No. 3 "Statement of changes in equity", form No. 4 "Cash flow statement" in the financial statements (notes are accompanied). General Director tyuk Deputy Chief Accountant V.S. Grec hia Notes to separate lines of forms to the financial statements: Form No. 1 "Balance sheet" was changed on 31 December 2014 due to correction of errors: Adjustments to column 4 Line code of Name Amount, million Contents No. the form rubles Inventories, 1 211 including -2 Untimely write off of materials Materials 2 250 Short-term Untimely recording of short-term accounts -41 accounts receivable receivable 3 290,300 Total for section II, -43 djustment Balance Retained 4 40 earnings, Total on -87 Decrease in profit section III Short-term Untimely recording of short-term 5 630 accounts payable 44 ccounts payable including to suppliers, Increase of accounts payable to 5.1. 631 contractors and 1 suppliers executors Adjustment is made in the amount of 5.2. 633 taxes and duties 30 calculated VAT for 2014 social securit'Charges to NSSF are undervalued in 5.3. 634 payable 3 2014 Increase of accounts payable on salary 5.4. 635 salary accruals 9 accrual to owners (founders, Adjustment is made in the amount of 5.5. 637 participants) 1 over-calculated charges of part of profit of unitary enterprise for 2014 Total for section 6 690 V 44 Adjustment 7 700 Balance -43 Adjustment Form No. 2 "Income statement" for January-December 2014 was corrected due to correction of errors: Adjustments to column 4 Line code of Amount, million No. the form Name rubles Contents Expenses on rendering of services, write- 1 20 + 13 off of materials, costs, additionally Cost of sales accrued salary are written off to cost for 2013 2 30 Gross profit -13 Adjustment Profit (loss) from 3 060 sales of goods, products, works, services 4 080 Other operating +70 Write off of land tax and additional VAT expenses for year 2014 5 090 Operating profit -83 Adjustment 6 150 Profit before tax -83 Adjustment 7 210 Net profit -83 Adjustment 8 240 Comprehensive -83 Adjustment profit Form No. 3 "Statement of changes in equity": it is necessary to reflect on line 010 "Balance as at 31.12.2013" Of column 8 the amount of BYR 5 268 million due to correction of errors for year 2012 BYR (8) millions; it is necessary to reflect on line 030 "Adjustment due to correction of errors" of column 8 "Retained earnings" the amount of BYR 776 million due to correction of errors for year 2013 on line 040 "Restated balance as at 31.12.2013" of column 8 "Retained earnings" there was recorded BYR 5 276 million rubles, it is necessary to record BYR 6 044 million rubles on line 130 "Adjustment due to errors correction" of column 8 "Retained earnings" due to correction of errors for year 2014 the amount of BYR 87 million rubles is recorded; on line 140 "Adjusted balance as at 31.12.2014" of column 8 "Retained earnings" there was recorded BYR 9 110 million rubles, it is necessary to record BYR 9 023 million rubles The information as at 31 December 2014 is included in form No. 4-f (cash) "Statement of resources structure" due to correction of errors including data on column 2 on lines: Was recorded To be recorded line 013 <> 457 083 457 040 line 014 <> 51 433 51 431 line 021 «Assets>> 29 195 771 29 195 728 line 022 <> 28 502 023 28 501 936 line 024 <> 178 967 179 011 Appendix 1 Presence and movement of fixed assets for January-December 2015 Organisation RUE "Minskavtodor-Center" Activity type Consolidated Organizational legal form Measurement unit BYR mln Original Received Disposed Original (revalued) (revalued) cost as at 31 Total Including cost as at December amount 31 2014 December N2 Item Purchase Revaluation 2015 (gratuitously Modernization transferred and other) 1 2 3 4 5 6 7 8 9 1 Fixed assets- total 28287998 4815907 1547652 2252553 1015702 1476961 31 626944 1.1 Including: buildings and 27941 680 4698628 1463681 2252228 982719 1444744 31 195564 constructions 1.1. including: 593 102 102 125 570 1 residential buildings 1.1. public roads 27532791 4653392 1432843 2252228 968321 1400237 30785946 2 1.2 transmission devices 47 366 12 739 4497 8 242 4830 55 275 1.3 machines and 201 749 63 704 51 040 325 12339 20950 244 503 equipment 1.4 transport vehicles 94203 40469 28 223 12 246 6 339 128 333 1.5 tools, inventory, fixture 2998 367 211 156 98 3 267 and fittings 1.6 Livestock 1.7 perennial plants 2 2 1.8 CAPEX into land improvement 1.9 other fixed assets as at 31 December 2014 as at 31 December 2015 2 Depreciation of fixed 333476 365419 assets 3 Loss of fixed assets 12560634 13848 129 value 4 Acquired depreciation from January-December X 26 647 2015 5 Write-off depreciation of disposal fixed assets X 32 644 in the reporting period Appendix 2 Presence and movement of intangible assets for January-December 2015 Organisation RUE "Minskavtodor-Center" Activity type Consolidated Organizational legal form Measurement unit BYR mln Original Original (revalued) cost Acquired Disposed (revalued) cost as as at 31 at 31 December Item December 2014 2015 1 2 3 4 5 6 1 Intangible assets - total 23 512 535 1.1 Including: property rights to industrial properties 1.2 Property rights to scientific, literary and artistic works 1.3 Property rights to objects of related rights 1.4 Property rights to software and computer databases 11 11 1.5 Property rights to the use of intellectual property resulting from license and authorship agreements 1.6 Property rights to the use of natural resources, land 6 503 509 1.7 Other 6 9 15 as at 31 December 2014 as at 31 December 2015 2 Amortization of intangible 10 29 assets 3 Accrued amortization for January- December 2015 X 19 4 Written off amortization on disposed intangible assets in the reporting X period