PRAVEX-BANK JSCB’s Annual Financial Statements 2006

1. Title page
2. General information
3. PRAVEX-BANK JSCB (Kyiv)’s balance sheet as of December 31, 2006 (close of business)
4. PRAVEX-BANK JSCB (Kyiv)’s income statement as of December 31, 2006 (close of business)
5. PRAVEX-BANK JSCB (Kyiv)’s statement of shareholders’ equity as of December 31, 2006 (close of business)
6. PRAVEX-BANK JSCB (Kyiv)’s statement of shareholders’ equity as of December 31, 2006 (close of business) (Table 1 «Capital flows and changes in 2006»)
7. PRAVEX-BANK JSCB (Kyiv)’s statement of shareholders’ equity as of December 31, 2006 (close of business) (Table 2 «Capital flows and changes in 2005»)
8. PRAVEX-BANK JSCB (Kyiv)’s cash flow statement as of December 31, 2006 (close business) (indirect method)
9. Statement on the Notes to PRAVEX-BANK JSCB’s 2006 annual financial statements

• Note 1 «PRAVEX-BANK JSCB’s 2006 Accounting Policy»
• Note 3 &«Due from other banks as of December 31, 2006 (close of business)»
• Note 5 «Securities available for sale as of December 31, 2006 (close of business)»
• Note 6 «Loans and advances to clients as of December 31, 2006 (close of business)»
• Note 6.1 «The Bank’s loan portfolio»
• Note 6.2 «Changes in provisions for loan debts»
• Note 6.3 «Loans structure by types of economic activity»
• Note 6.4 «Non-interest-bearing loans»
• Note 6.5 «Loans guaranteed by the Cabinet of Ministers of Ukraine»
• Note 9 «Fixed assets and intangible assets as of December 31, 2006 (close of business)»
• Note 9.1 «Fixed assets as of December 31, 2006 (close of business)»
• Note 9.1.1 «Fixed assets as of December 31, 2005 (close of business)»
• Note 9.2 «Intangible assets as of December 31, 2006 (close of business)»
• Note 9.2.1. «Intangible assets as of December 31, 2005 (close of business)»
• Note 9.3«Capital investments in non-commissioned non-current assets as of December 31, 2006 (close of business)»
• Note 9.3.1 «Capital investments in non-commissioned non-current assets as of December 31, 2005 (close of business)»
• Note 10 «Accrued income receivable as of December 31, 2006 (close of business)»
• Note 11 «Other assets as of December 31, 2006 (close of business)»
• Note 13 «Due to clients as of December 31, 2006 (close of business)»
• Note 14«Debt securities issued by the Bank as of December 31, 2006 (close of business)»
• Note 15 «Accrued expenses payable as of December 31, 2006 (close of business)»
• Note 16 «Other liabilities as of December 31, 2006 (close of business)»
• Note 16.1 «Bank provisions for risks and losses as of December 31, 2006 (close of business)»
• Note 17 «Authorized capital as of December 31, 2006 (close of business)»
• Note 18 «Dividends on shares as of December 31, 2006 (close of business)»
• Note 19 «Interest income as of December 31, 2006 (close of business)»
• Note 20 «Interest expense as of December 31, 2006 (close of business)»
• Note 21 «Trading income as of December 31, 2006 (close of business)»
• Note 23 «General administrative expenses as of December 31, 2006 (close of business)»
• Note 24 «Staff costs as of December 31, 2006 (close of business)»
• The Bank’s losses caused by fraudulent payment card transactions by unidentified persons as of December 31, 2006 (close of business)
• Note 25 «Net costs of forming provisions as of December 31, 2006 (close of business)»
• Note 26 «Profit tax expenses as of December 31, 2006 (close of business)»
• Note 26.1 «Expenses related to profit tax payments as of December 31, 2006 (close of business)»
• Note 26.2 «Adjustments of accounting profits (losses) and taxable profits (losses) as of December 31, 2006 (close of business)»
• Note 26.3 «Calculations of deferred tax assets and deferred tax liabilities as of December 31, 2006 (close of business)»
• Note 28 «Calculations of net and adjusted net profits (losses) per one common share as of December 31, 2006 (close of business)»
• Note 28.1 «Calculations of the average annual number of outstanding common shares as of December 31, 2006 (close of business)»
• Note 30 «The Bank’s potential liabilities as of December 31, 2006 (close of business)»
• Note 30.1 «The Bank’s potential liabilities as of December 31, 2006 (close of business)»
• Note 30.2 «The Bank’s potential liabilities as of December 31, 2005 (close of business)»
• Note 32 «Currency risk as of December 31, 2006 (close of business)»
• Note 32.1 «Currency risk as of December 31, 2006 (close of business)»
• Note 32.2 «Currency risk as of December 31, 2005 (close of business)»
• Note 33 «Liquidity risk as of December 31, 2006 (close of business)»
• Note 33.1 «Liquidity risk as of December 31, 2006 (close of business)»
• Note 33.2«Liquidity risk as of December 31, 2005 (close of business)»
• Note 34 «Interest-rate risk as of December 31, 2006 (close of business)»
• Note 34.1 «Weighted average interest rates on certain assets and liabilities in 2006 (close of business)»
• Note 34.2 «Weighted average interest rates on certain assets and liabilities in 2005 (close of business)»
• Note 35 «Related parties transactions as of December 31, 2006 (close of business)»