RusAg Made Official Statement
OREANDA-NEWS. August 06, 2009. Statement about facts that resulted in one-time increase or decrease of the Issuer’s net profit or loss for more than 10%.
1. General Information
1.1. The Issuer’s full brand name: Open Joint Stock Company “Russian Agricultural Bank”;
1.2. The Issuer’s abbreviated brand name: JSC “Rosselkhozbank”;
1.3. The Issuer’s location: 3, Gagarinsky Pereulok, 119034, Moscow, Russian Federation;
1.4. Issuer’s Primary State Registration Number: 1027700342890;
1.5. Issuer’s Taxpayer Identification Number: 7725114488;
1.6. Issuer’s unique code referred by registration authority: 03349B;
1.7. Web-site for disclosure of issuer’s information:
http://www.rshb.ru/
2. Statement Content
2.1. Event (events) resulted in one-time increase of the Issuer’s net profit or loss for more than 10%:
Changes in net profits of JSC “Rosselkhozbank” during the reporting period were due to:
1. increase in income tax expense, because of recalculation of tax payments in 1Q2009 and prepayment growth in 2Q2009;
2. increase in expenditures level on loan loss provision.
2.2. Date of the event (events) that resulted in one-time increase (decrease) of the Issuer’s net profit or loss for more than 10%: August 06, 2009.
2.3. Value of Issuer’s net profit at the end of the reporting period (quarter, year) preceding the current reporting period when the relevant fact (facts) appeared:
1Q2009 – RUR 1 109 165 thousand.
2.4. Value of Issuer’s net profit at the end of the reporting period (quarter, year) when the relevant fact (facts) appeared:
2Q2009 – RUR 246 032 thousand.
2.5. Absolute and relative change of net profit:
Change in net profit – RUR 863 133 thousand (77.8%).
Member of the Board
Director
Planning and Economy Department I.N. Baginsky
(act under power of attorney
№ 452 from 02.07.2009)
Chief Accountant,
JSC “Rosselkhozbank” O.V. Nikonov
“ 06 ” August 2009 L.S.
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