The explanatory note to the accounting report of the open joint-stock company "Sibirtelecom" for 2002 (стр. 7 )

Table No 11

Groups of the stores	Rest on January 1st, 2002 including the data of the joined companies	Rest on December 31st, 2002
1	2	3
Cable	81887	99011
Fuel	10060	11377
Spare parts	54278	67364
Materials given to other enterprises for processing	2573	828
Building materials	25565	31825
implements and tools	21863	42827
Other materials	144654	171052
Divergence is in the cost of the stores	1037	3141
Total (Page 211, Form No 1)	341917	427425

7.6.The debts to the company

The structure of the debts to the company on December 31st, 2002

Table No 12

Categories of users	The debts that are expected to be paid in more than 12 months after the reporting date (Page 231, Category No 5, Form No 1)	The debts that are expected to be paid in less than 12 months after the reporting date
Debts to the company Total	Reserves for bad debts	The debts to the company minus a reserves for bad debts (Page 241, Category No 5, Form No 1)
1	2	3	4	5
Settlements with people (communication services)		579620	94207	485413
Settlements of providing reimbursement (communication reduced charges)		561936	449953	111983
Settlements with budge organizations (communication services)	3862	211432	95923	115509
Settlements with other organizations (communication services)	3579	325419	110204	215215
Settlements connected with not main kinds of activities		52559	10255	42304
Total of debts to the company	7441	1730966	760542	970424

7.7.Other debtors

Table No 13

Categories of users	The debts that are expected to be paid in more than 12 months after the reporting date (Page 235, Category No 5, Form No 1)	The debts that are expected to be paid in less than 12 months after the reporting date
Debts to the company Total	Reserves for bad debts	The debts to the company minus a reserves for bad debts (Page 246, Category No 5, Form No 1)
1	2	3	4	5
Settlements connected with taxes		184091	Х	Х
Settlements with people that have to give reports	Х	3278	Х	Х
Settlements with the staff on other operation	41217	49624	Х	Х
Insurance settlements		4346	Х	Х
Settlements connected with claims		8393	Х	Х
Other	5493	151353
Total of debts to the company	46710	401085

7.8.Capitals and reserves

The alteration of the capital because of the reorganization

The company increased undivided profits of the last yeas by 1,127,528,000 rubles on the date of drawing up the report because the new sum of the authorized capital was less than the sums of the joined In this case the company had to register the new sum of the authorized capital.

Besides, the sum of money (1,942,714,000 rubles) was separated out from the undivided profits as an additional capital because of the revaluation of the fixed assets. This additional capital was transferred to regional branch companies to show the correct flow of the fixed assets in the accounting report.

7.8.1.The authorized capital

The authorized capital of the company is 2 ,45 rubles on December 31st, 2002. It is defined as the sum of the nominal cost of shares. The authorized capital of the company consists of the following.

Table No 14

Shareholders	The amount of the ordinary shares (items)	The nominal cost of shares (rubles)	The sum of the nominal costs of the ordinary shares (thousand rubles)	The amount of the priority shares (items)	The nominal cost of shares (rubles)	The sum of the nominal costs of the priority shares (thousand rubles)	The total sum of the nominal costs of shares (thousand rubles)
1	2	3	4	5	6	7	8=4+7
Organizations	10	0,15	1 ,210	2	0,15	,8	2 ,003
including 5% голос. акций:
The open joint-stock company "Investment company of communication"	6	0,15	,251	0	0	0,0	,251
The closed joint-company "Deposit clearing company" н/д	1	0,15	,709		0,15	,721	,429
The closed joint-company "Ingbank" (Eurasia)" н/д		0,15	,847		0,15	94 272,177	,024
People	1	0,15	,064	1	0,15	,209	,274
Employees of the company		0,15	21 540,024		0,15	42 687,165	64 227,189
Other people	1	0,15	,041	1	0,15	,044	,085
Total	12		1274	3		002	2 ,27645

Additional ordinary shares were issued in 229 items). Priority shares (Type A) were issued in 214 items).