Saint-Petersburg Commercial Bank “Tavrichesky” (joint-stock) (стр. 5 )

	2006	2005
Balance value by December, 31 of the year which precedes the reporting year	62	87
Creation (restoration) of reserves	238	(25)
Balance value by December, 31 of the reporting year	300	62

Geographic analysis, as well analysis of financial assets available for sale according to their currency structure, maturity terms and analysis of interest rates are presented in Note 25.

Note 10 – Fixed Assets

Movement of fixed assets for 2006 was as follows:

	Note	Investments in rented fixed assets	Cars	Furniture and office computer equipment	Others	Uncompleted construction	Total
Residual value on December 31, 2005		22 719	1 873	18 070	26 269	1 526	70 457
Initial value
Residue by the beginning of the year		27 573	2 975	35 817	39 925	1 526
Inflows		1 363	2 084	4 500	5 306	2 291	15 544
Transfer		1 424	-	22	18	(1 464)	-
Retirement		(3 519)	(251)	(1 798)	(2 597)	-	(8 165)
Residue by the year end		26 841	4 808	38 541	42 652	2 353
Accumulated depreciation
Residue by the beginning of the year		4 854	1 102	17 747	13 656	-	37 359
Depreciation deductions	23	2 813	803	5 447	5 156	-	14 219
Retirement		(503)	(134)	(899)	(497)	-	(2 033)
Residue by the year end		7 164	1 771	22 295	18 315	-	49 545
Residual value on December 31, 2006		19 677	3 037	16 246	24 337	2 353	65 650

The part of fixed assets totaling 15,074 thousand rubles on December 31, 2006 is fully amortized but is still in use (2005: 12,465 thousand Rubles).

Note 11 – other assets

Other assets comprise:

	2006	2005
Receivables and advanced payments	2 592	80 999
Settlements with stock exchanges	3 133	979
Advanced payment of taxes	47	46
Others	3 348	3 347
With the deduction of the depreciation reserves	(431)
Other assets, total	8 689	71 040

Movement of reserves for depreciation of other assets is given in the following table:

	2006	2005
Balance value by December, 31 of the year which precedes the reporting year	14 331	1 151
Creation (restoration) of reserves during the year		13 180
Other assets amortized during the year as uncollectible	(875)	-
Balance value on December, 31 of the reporting year	431	14 331

Geographic analysis, as well analysis of other assets to according their currency structure, maturity terms and analysis of interest rates are presented in Note 25.

Note 12 – Assets Of Other Banks

Assets of other banks comprise:

	2006	2005
Correspondent accounts and “overnight” deposits of other banks	306	289
Term credits and deposits of other banks
Assets of other banks, total

Assets in other banks are presented at amortized value in accordance with the provisions of IFRS 39.

Geographic analysis, as well analysis of assets of other banks according to their currency structure, maturity terms are presented in Note 25.

Note 13 – Assets Of Clients

Assets of clients comprise:

	2006	2005
State and public institutions:	48 183	65 227
- current/ clearing accounts	48 027	65 227
- term deposits	156	-
Other legal persons:	3	2
- current/ clearing accounts	2	1
- term deposits
Physical persons:	2	1
- current/ clearing accounts upon demand
- term deposits	2	1
Assets of clients, total	6	4

The distribution of clients’ assets by economy branches is given below:

	2006	2005
	Amount	%	Amount	%
Physical persons	2	47%	1	45%
Services		13%	80 983	2%
Industry		13%	1	31%
Trade		9%		12%
Investments and financial activity		6%		4%
Construction		5%		3%
Real estate operations	59 362	1%	-	0%
Others		6%		3 %
Assets of clients, total	6	100%	4	100%

As of December 31, 2006 the assets of clients are characterized by high diversity level.