OREANDA-NEWS. March 22, 2013. In accordance with the Russian legislation on securities, OAO Sberbank of Russia publishes the Annual Report of Sberbank of Russia for 2012 written in accordance with the requirements of the Bank of Russia.

The attached Annual Report was audited by the independent auditor ZAO Ernst and Young Vneshaudit. The auditors' report was signed on March 18, 2013. The Annual Report will be reviewed by the Supervisory Board on March 22, 2013, and, if approved, the Report will be presented for consent to the Annual General Meeting of Shareholders.

The Annual Report of Sberbank of Russia for 2012 created in accordance with the requirements of the Bank of Russia:

is drawn up in accordance with the Russian Accounting Standards,
includes events after the accounting date,
is based on the reports of Sberbank and does not include the consolidated accounts of the Sberbank of Russia Group,
includes published statements and explanatory notes.

Sberbank of Russia draws the users’ attention to the fact that in the Annual Report all figures and aggregated items of the published statements were calculated in accordance with the methodology of the Bank of Russia, and may vary from figures and aggregated items calculated in accordance with the internal methodology of Sberbank of Russia, which are disclosed in the monthly commentaries on Sberbank’s website based on Sberbank’s monthly financial performance.  . The differences in the methodologies have no significant impact on key financial indicators. Sberbank’s methodology allows for a more prompt analysis of financial results from accounting data available.

The Bank's profit before tax amounted to 474.7 billion rubles versus 408.9 billion rubles in 2011;

The profit after tax in view of events after the accounting date amounted to 346.2 billion rubles against 310.5 billion rubles in 2011.

Sberbank’s assets increased by 30.4% in 2012, or by more than 3 trillion rubles, and exceeded 13.5 trillion rubles.

The capital of the Bank, which is calculated in accordance with the Regulation of the Bank of Russia No. 215-P, amounted to 1,679 billion rubles on January 1, 2013, increasing by10.8% in 2012. The growth in capital in 2012 was driven by net profit and issued subordinated bonds.

Capital adequacy on January 1, 2013 was 12.6%.