The explanatory note to the accounting report of the open joint-stock company "Sibirtelecom" for 2002 (стр. 11 )

(** - Main and associated companies for the years 2002 and 2001 respectively

8.3 Operational profits and expenditures

Structure of operational profits:

Table 23

Name of index	2002	2001
	For the reporting period (*	With associated companies (**	With associated companies (**
1	2	3	4
Profits on joint activities			1,440
Profits on sales and other withdrawal of main assets	2,708	51,127	24,884
Profits on sales and withdrawal of other assets	20,996	66,700	160,801
Other operational expenditures	28,738	94,342	19,345
TOTAL (page 090 f.2):	52,442	212,169	206,470

(* - Main organization for the period from 01.01.2002 to 31.12.2002 plus associated companies from the re-organization period to 31.12.2002

(** - Main and associated companies for the years 2002 and 2001 respectively

Structure of operational expenditures:

Table 24

Name of index	2002	2001
	For the reporting period (*	With associated companies (**	With associated companies (**
1	2	3	4
Expenditures due to participation in other organizations
Expenditures due to joint activities
Expenditures for services of crediting organizations	10,816	32,382	22,753
Insurance expenditures	28	144
Expenditures due to sales and other withdrawal of assets	27,476	136,347	163,214
Reserves for bad debts	529,002	888,793	21,235
Reserves for depreciation of bond investments
Taxes and duties	36,573	202,360	151,305
Other expenditures	11,510	77,480	18,094
TOTAL (page 100 f.2):	615,405	1,337,506	376,601

(* - Main organization for the period from 01.01.2002 to 31.12.2002 plus associated companies from the re-organization period to 31.12.2002

(** - Main and associated companies for the years 2002 and 2001 respectively

8.4 Non-production profits and losses

Structure of non-production profits:

Table 25

Name of index	2002	2001
	For the reporting period (*	With associated companies (**	With associated companies (**
1	2	3	4
Penalties, fines and charges for breach of contractual terms	1,842	14,277	20,825
Payments for incurred losses	973	3,853	1,176
Profits of previous years found out in the reporting year	1,946	33,624	23,065
Fluctuations of exchange rates	9,559	21,219	49,269
Fluctuations of sums	1,380	1,729	644
Value of assets found out in the course of inventory examination	1,583	2,683	3,499
Finances obtained freely	15,133	19,301	13,220
Other non-production profits	73,000	176,917	37,151
TOTAL (page 120 f.2):	105,416	273,603	148,849

(* - Main organization for the period from 01.01.2002 to 31.12.2002 plus associated companies from the re-organization period to 31.12.2002

(** - Main and associated companies for the years 2002 and 2001 respectively

Structure of non-production expenditures:

Table 26

Name of index	2002	2001
	For the reporting period (*	With associated companies (**	With associated companies (**
1	2	3	4
Penalties, fines and charges	1,370	7,955	1,604
Payments for incurred losses	164	598	475
Losses of previous years found out in the reporting year	12,047	60,845	49,854
Fluctuations of exchange rates	80,249	130,637	98,992
Fluctuations of sums	7,664	23,655	15,730
Value of assets, lack of which was found out in the course of inventory examination	3	2,418	771
Accounts receivable, written off due to expired time for suing	625	16,567	28,674
Accounts receivable, written off due to expired time for suing and other bad debts	19,456	43,996	26,324
Charitable and sponsor expenditures		33,271	23,447
Bonus payments to Board of Directors	12,150	35,089	17,601
Expenditures due to servicing of bonds
Other material payments	36,337	147,809	59,787
Other	136,145	331,053	192,552
TOTAL (page 130 f.2):	306,210	833,893	515,811

(* - Main organization for the period from 01.01.2002 to 31.12.2002 plus associated companies from the re-organization period to 31.12.2002