7. Events after the reporting date


The size of the annual dividends per one share, will be confirmed in 2012 by general meeting of shareholders of the Company following the results of work for 2011.

Legal proceedings

Decisions on litigation, which entered into force prior to signing the financial statements of the Company in the amount of 13,189 rubles in the annual statements, are recognized as accounts payable, with their allocation to other costs in 2011.

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