33. Held for sale assets and liabilities

As a result of the decision to transfer mobile assets into share capital of T2RTK Holding LLC(refer to Note1) all assets and liabilities of the mobile communication subsidiaries as well as integrated assets and liabilities of the Company were classified as held for sale in the statement of financial position at 31 December 2013 and disposed off in the year ended 31 December 2014. Related operations presented as discontinued in the statement of comprehensive income for the years ended 31 December 2014 and 2013.

The following table illustrates information on assets and liabilities held for sale for the year ended 31 December 2014 and 2013.

  31 December 2014 31 December 2013
ASSETS    
Property, plant and equipment 579 63,140
Goodwill - 12,805
Intangible assets - 10,413
Investments in associates - 24
Deferred tax asset - 3,153
Inventories - 567
Trade and other receivables - 1,071
Prepayments - 701
Prepaid income tax - 167
Other investments - 1
Cash and cash equivalents - 864
Other assets - 142
Total assets held for sale 579 93,048
LIABILITIES    
Employee benefits - -
Deferred tax liability - 1,795
Loans and borrowings - 10,291
Trade and other payables - 3,897
Income tax payable - 19
Provisions - 538
Other liabilities - 1,107
Total liabilities directly attributable to assets held for sale - 17,647

The following table illustrates information about consolidated income statement of a discontinued operations for the year ended 31 December 2014 and 2013.

  Year ended 31 December 2014
  Discontinued operations Intragroup transactions  Total 
Revenue 16,450 (4,470) 11,980
Operating expenses      
Wages, salaries, other benefits and payroll taxes (1,763) - (1,763)
Depreciation, amortisation and impairment losses (12) - (12)
Interconnection charges (6,513) 3,387 (3,126)
Materials, utilities, repairs and maintenance (757) 3 (754)
Loss on disposal of property, plant and equipment (23) - (23)
Doubtful debt allowance (176) - (176)
Other operating income 71 - 71
Other operating expenses (4,380) 1,080 (3,300)
Total operating expenses, net (13,553) 4,470 (9,083)
Operating profit 2,897 - 2,897
Finance costs (776) 573 (203)
Other investing and financial gains 32,258 (7,546) 24,712
Foreign exchange loss, net (45) - (45)
Profit before income tax 34,334 (6,973) 27,361
Income tax expense (2,736) - (2,736)
Profit for the year 31,598 (6,973) 24,625
  Year ended 31 December 2013
  Discontinued operations Intragroup transactions  Total 
Revenue 44,229 (9,261) 34,968
Operating expenses      
Wages, salaries, other benefits and payroll taxes (5,204) - (5,204)
Depreciation, amortisation and impairment losses (9,504) 4 (9,500)
Interconnection charges (14,725) 7,399 (7,326)
Materials, utilities, repairs and maintenance (2,243) 8 (2,235)
Gain/ (loss) on disposal of property, plant and equipment (456) 1 (455)
Doubtful debt allowance (46) - (46)
Other operating income 701 - 701
Other operating expenses (13,122) 1,853 (11,269)
Total operating expenses, net (44,599) 9,265 (35,334)
Operating profit (370) 4 (366)
Finance costs (2,916) 1,969 (947)
Other investing and financial gains 991 (2,524) (1,533)
Foreign exchange loss, net (89) (2) (91)
Profit before income tax (2,384) (553) (2,937)
Income tax expense 382 - 382
Profit for the year (2,002) (553) (2,555)

The following table illustrates information about cash flows attributable to the operating, investing, and financing activities of a discontinued operation for the years ended 31 December 2014 and 2013.

  2014 2013
Operating cash flow 3,482 9,771
Investing cash flow (1,222) (25,255)
Financing cash flow (1,462) 15,409
Total cash flows 798 (75)

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