|
|
|
Accounting |
|
December 31, |
|
December 31, |
|
||
|
RTC |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
Vodafone Ukraine |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
MTS Turkmenistan (Note 29) |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
Sibintertelecom |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
NVision Group |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
Sitronics Telecom Solutions |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
NVision Czech Republic |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
Sputnikovoe TV |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
Stream |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
Dega |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
Stream Digital(1) |
|
Consolidated |
|
|
100.0 |
% |
|
100.0 |
% |
|
MTS Energo |
|
Consolidated |
|
|
100.0 |
% |
|
— |
|
|
Bashkortostan Cellular Communications (BCC) |
|
Consolidated |
|
|
100.0 |
% |
|
— |
|
|
Praliss Enterprises Limited |
|
Consolidated |
|
|
100.0 |
% |
|
— |
|
|
Metro-Telecom |
|
Consolidated |
|
|
95.0 |
% |
|
95.0 |
% |
|
MGTS Group |
|
Consolidated |
|
|
94.7 |
% |
|
94.7 |
% |
|
MTS Armenia |
|
Consolidated |
|
|
80.0 |
% |
|
80.0 |
% |
|
Navigation Information Systems Group |
|
Consolidated |
|
|
77.7 |
% |
|
77.7 |
% |
|
Oblachny Retail LLC |
|
Consolidated |
|
|
50.8 |
% |
|
— |
|
|
MTS International Funding Limited(2) ("MTS International") |
|
Consolidated |
|
|
SE |
|
|
SE |
|
|
MTS Belarus |
|
Equity |
|
|
49.0 |
% |
|
49.0 |
% |
|
Sistema Capital |
|
Equity |
|
|
30.0 |
% |
|
— |
|
|
MTS Bank |
|
Equity |
|
|
26.6 |
% |
|
26.6 |
% |
|
Zifrovoe TV |
|
Equity |
|
|
20.0 |
% |
|
20.0 |
% |
|
OZON Holdings Limited |
|
Equity |
|
|
11.2 |
% |
|
10.8 |
% |
|
|
|
|
|
(1) |
A wholly-owned subsidiary, through which the Group currently repurchases its own shares. |
|
|
(2) |
A company organized and existing as a private limited company under the laws of Ireland. The Group does not have any equity in MTS International. It was established for the purpose of raising capital through the issuance of debt securities on the Irish Stock Exchange followed by transferring the proceeds through a loan facility to the Group. In 2010 and 2013, MTS International issued $750 million 8.625% notes due in 2020 and $500 million 5.0% notes due in 2023, respectively (Note 15). The notes are guaranteed by MTS PJSC in the event of default. MTS International does not perform any other activities except those required for notes servicing. The Group bears all costs incurred by MTS International in connection with the notes' maintenance activities. Accordingly, the Group concluded that it exercises control over the entity. |
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