Home Credit and Finance Bank

Home Credit and Finance Bank Condensed Consolidated Interim Financial Statements (unaudited)

Home Credit and Finance Bank Contents Condensed Consolidated Interim Statement of Profit or Loss Condensed Consolidated Interim Statement of Comprehensive Income Condensed Consolidated Interim Statement of Financial Position Condensed Consolidated Interim Statement of Changes in Equity Condensed Consolidated Interim Statement of Cash Flows 3 4 5 6 7 8

1. Description of the Group Home Credit and Finance Bank OOO "Home Credit and Finance Bank" (the "Bank") was established in the Russian Federation as a Limited Liability Company and was granted its banking licence in 1990. In 2002 the Bank was acquired by Home Credit Group. On 13 October 2011 the Bank received General Banking Licence #316 from the Central Bank of Russia (the "CBR"). The Bank together with its subsidiaries is further referred to as the Group. Registered office 8/1 Pravda st Moscow 125040 Russian Federation Participants Country of incorporation Ownership interest (%) 30 Sep 2014 31 Dec 2013 Home Credit B.V. Home Credit International a.s. The Netherlands Czech Republic 99.99 0.01 99.99 0.01 The ultimate controlling owner is Petr Kellner, who exercises control over the Group through PPF Group N.V. registered in the Netherlands. Consolidated subsidiaries Country of incorporation Ownership interest (%) 30 Sep 2014 31 Dec 2013 Financial Innovations (LLC) Russian Federation 100.00 100.00 Bonus Center Operations (LLC) Russian Federation 100.00 100.00 Eurasia Capital S.A. Luxemburg see below see below Eurasia Structured Finance No.1 S.A.* Luxemburg see below see below Eurasia Credit Card Company S.A.* Luxemburg see below see below Bank Home Credit (SB JSC) Kazakhstan 100.00 100.00 HC Finance (LLC) Russian Federation see below see below Eurasia Structured Finance No.3 B.V. The Netherlands see below see below HC Finance No. 2 (LLC) Russian Federation see below see below Eurasia Structured Finance No.4 B.V. The Netherlands see below see below In January 2013 the Bank excercised a call option and became the owner of a 90.01% stake in Home Credit Bank (JSC) for consideration of 1,096, resulting in a gain of 2,964 recorded directly in equity. In addition, in January 2013 the Bank purchased a 9.99% stake in Home Credit Bank (JSC) from Home Credit B.V. for consideration of 685, resulting in a loss of 234, recorded directly in equity. As a result of these transactions the Bank became a 100% owner of Home Credit Bank (JSC). Home Credit Bank (JSC) was renamed to Subsidiary Bank JointStock Company Home Credit and Finance Bank (Bank Home Credit (SB JSC)) on 4 April 2013. Bank Home Credit (SB JSC) holds banking licence #1.1.188 received from the National Bank of the Republic of Kazakhstan (the "NBRK") on 28 November 2008. HC Finance No. 2 (LLC) was established on 18 June 2014. Eurasia Structured Finance No.4 B.V. was established on 4 June 2014. Eurasia Capital S.A., Eurasia Structured Finance No.1 S.A., Eurasia Credit Card Company S.A., HC Finance (LLC), Eurasia Structured Finance No.3 B.V., HC Finance No. 2 (LLC) and Eurasia Structured Finance No.4 B.V. are special purpose entities established to facilitate the Group s issues of debt securities and subordinated debt. * As at 30 September 2014 Eurasia Structured Finance No.1 S.A. and Eurasia Credit Card Company S.A. were in the process of liquidation. 8

1. Description of the Group (continued) Home Credit and Finance Bank Associate Country of incorporation Ownership interest (%) 30 Sep 2014 31 Dec 2013 Equifax Credit Services (LLC) Russian Federation 25.00 25.00 Council Board of Management Jiri Smejc Irina Kolikova Galina Vaisband Yuly Tai Principal activities Chairman Deputy Chairman Member Member Ivan Svitek Dmitri Mosolov Martin Schaffer Yuriy Andresov Olga Egorova Chairman/Chief Executive Officer First Deputy Chairman/ Deputy Chief Executive Officer Deputy Chairman Deputy Chairman Member The activities of the Group are regulated by the CBR and the activities of Bank Home Credit (SB JSC) are regulated by the NBRK. The principal activity of the Group is the provision of the full range of banking products and services to individual customers across the Russian Federation and the Republic of Kazakhstan such as lending, deposit taking, saving and current accounts service and maintenance, payments, debit cards issuance and maintenance, Internetbanking, payroll and other banking services. The loans are offered to existing and new customers across the Russian Federation and the Republic of Kazakhstan via a national wide distribution network consisting of variable channels: own banking offices, pointsofsale at retailers, Russian Post branches, Kazakh Post branches and other third parties. As at 30 September 2014 the Bank's distribution network comprised the head office in Moscow and 7 branches in Ufa, RostovonDon, SaintPetersburg, Yekaterinburg, Novosibirsk, Khabarovsk, Nizhniy Novgorod, 838 standard banking offices, 4,333 loan offices, 81 regional centres, 3 representative offices and over 90 thousand points of sale which cover over 2,000 residential areas in the Russian Federation. As at 30 September 2014 the ATM network comprised 1,298 ATMs and payment terminals across the Russian Federation. As at 30 September 2014 the distribution network in Kazakhstan comprised 101 standard banking offices, 4,122 loan offices, over 600 points of sale and over 200 Kazakhstan post offices. As at 30 September 2014 the ATM network of Bank Home Credit (SB JSC) comprised 223 ATMs and payment terminals across Kazakhstan. Business optimisation programme In June 2014 the Group continued its business optimisation programme in the Russian Federation to increase effectiveness of business and optimise costs, including staff cost optimisation and closure of less effective offices and made a provision for restructuring under the business optimisation program mentioned above of 174 (Note 23). As a result of closure of offices, the Group recognised a provision for impairment of tangible assets of 445 (Note 16). 9

2. Basis of preparation Home Credit and Finance Bank The condensed consolidated interim financial statements follow, in the context of measurement, all requirements of International Financial Reporting Standards (IFRS). The disclosures in these condensed consolidated interim financial statements have been presented in accordance with IAS 34 Interim Financial Reporting, and therefore should be read in conjunction with the Group s annual consolidated financial statements for the year ended 31 December 2013, as these condensed consolidated interim financial statements provide an update of previously reported financial information. (a) (b) (c) Basis of measurement The condensed consolidated interim financial statements are prepared on the historical cost or amortised historical cost basis except that financial instruments at fair value through profit or loss and availableforsale assets are stated at fair value. Other financial assets and liabilities are stated at amortised cost. Nonfinancial assets and liabilities are stated at historical cost, restated for the effects of inflation as described in Note 3(b) of the Group's annual consolidated financial statements for the year ended 31 December 2013. Presentation and functional currency The national currency of the Russian Federation is the Russian Rouble ("RUB"). Management determined functional currency of the Bank and the majority of its subsidiaries, except Bank Home Credit (SB JSC), to be the RUB as it reflects the economic substance of the majority of underlying events and circumstances of the Group. The functional currency of Bank Home Credit (SB JSC) is KZT. The RUB is the Group s presentation currency for the purposes of these consolidated financial statements. Financial information presented in RUB is rounded to the nearest million unless otherwise stated. Business environment The Group s operations are primarily located in the Russian Federation and the Republic of Kazakhstan. Consequently, the Group is exposed to the economic and financial markets of the Russian Federation and the Republic of Kazakhstan, which display emergingmarket characteristics. Legal, tax and regulatory frameworks continue to be developed, but are subject to varying interpretations and frequent changes that, together with other legal and fiscal impediments, contribute to the challenges faced by entities operating in the Russian Federation and the Republic of Kazakhstan. In addition, the contraction felt after the 2008 economic downturn in the capital and credit markets and the impact of this on the economy further increased the level of economic uncertainty in the environment. The consolidated financial statements reflect management s assessment of the impact of business environment of the Russian Federation and the Republic of Kazakhstan on the operations and financial position of the Group. The future business environment may differ from management s assessment. 3. Significant accounting policies The significant accounting policies applied in the preparation of the condensed consolidated interim financial statements are consistent with those used in the preparation of the Group's annual financial statements for the year ended 31 December 2013. Certain amendments to IFRS became effective from 1 January 2014 and have been adopted by the Group since that date. These changes do not have significant effect on the condensed consolidated interim financial statements. New standards and interpretations not yet adopted A number of new standards, amendments to standards and interpretations were not yet effective as at 30 September 2014, and were not applied in preparing these consolidated financial statements. Of these pronouncements, potentially the following will have an impact on the financial position and performance. The Group plans to adopt these pronouncements when they become effective. 10

3. Significant accounting policies (continued) Home Credit and Finance Bank IFRS 9 Financial Instruments is effective for period beginning 1 January 2018 and is intended ultimately to replace International Financial Reporting Standard IAS 39 Financial Instruments: Recognition and Measurement. The first phase of IFRS 9 was issued in November 2009 and relates to the classification and measurement of financial assets. The second phase regarding the classification and measurement of financial liabilities was published in October 2010. The third phase of IFRS 9 was issued in November 2013 and relates to general hedge accounting. The final standard was issued in June 2014. The Group recognises that the new standard introduces many changes to accounting for financial instruments and is likely to have a significant impact on the consolidated financial statements. The Group does not intend to adopt this standard early. IFRS 15 Revenue from Contracts with Customers supersedes IAS 11 Construction Contracts; IAS 18 Revenue; IFRIC 13 Customer Loyalty Programmes; IFRIC 15 Agreements for the Construction of Real Estate; IFRIC 18 Transfers of Assets from Customers and SIC31 Revenue Barter Transactions Involving Advertising Services. The new standard results in enhanced disclosures about revenue, provides guidance for transactions that were not previously addressed comprehensively and improves guidance for multipleelement arrangements. The standard will be effective for annual periods beginning on or after 1 January 2017. Early application is permitted. The Group has not yet analysed the likely impact of the standard on its financial position or performance. The Group does not intend to adopt this standard early. Various Improvements to IFRS are dealt with on a standardbystandard basis. All amendments, which result in accounting changes for presentation, recognition or measurement purposes, will come into effect not earlier than 1 January 2015. The Group has not yet analysed the likely impact of the improvements on its financial position or performance. Comparative figures State duties of 263 for the nine month period ended 30 September 2013 was reclassified from contractual penalties from customers in fee and commission income to corresponding expenses in fee and commission expense in order to conform the presentation in 2014. The reclassification had no impact on the Group's result or equity. 11

Home Credit and Finance Bank 4. Interest income and interest expense 9 month 9 month 3 month 3 month period ended period ended period ended period ended 30 Sep 2014 30 Sep 2013 30 Sep 2014 30 Sep 2013 Interest income Loans to individuals 55,861 65,144 16,842 23,647 Trading derivative instruments 1,129 13 161 5 Placements with banks and other financial institutions 798 477 405 240 Amounts receivable under reverse repurchase agreements 402 216 232 100 Financial assets available for sale 275 1,506 98 324 Loans to corporations 3 3 1 1 58,468 67,359 17,739 24,317 Interest expense Current accounts and deposits from customers 13,170 Subordinated debt 1,866 Due to banks and other financial institutions 1,777 Debt securities 1,650 Trading derivative instruments 909 Hedging derivative instruments 518 15,548 1,157 1,495 2,146 23 621 4,510 648 570 380 5 163 19,890 20,990 6,276 5,851 407 480 696 8 201 7,643 12

Home Credit and Finance Bank 5. Fee and commission income 9 month period ended 30 Sep 2014 9 month period ended 30 Sep 2013 3 month period ended 30 Sep 2014 3 month period ended 30 Sep 2013 Insurance agent commissions Contractual penalties from customers Cash operations Fees from retailers Customer payments processing and account maintenance Pension agent commissions Other 10,659 2,509 1,615 482 467 50 194 17,281 2,254 1,313 408 440 471 106 3,365 1,217 518 185 174 71 4,791 1,145 186 187 315 153 37 15,976 22,273 5,530 6,814 6. Fee and commission expense 9 month period ended 30 Sep 2014 9 month 3 month 3 month period ended period ended period ended 30 Sep 2013 30 Sep 2014 30 Sep 2013 Cash transactions Payments to the Deposits Insurance Agency State duties Payments processing and account maintenance Other 685 612 414 310 138 883 726 263 193 52 225 212 105 116 48 326 228 146 85 15 2,159 2,117 706 800 13

Home Credit and Finance Bank 7. Other operating income, net Note 9 month period ended 30 Sep 2014 9 month period ended 30 Sep 2013 3 month period ended 30 Sep 2014 3 month period ended 30 Sep 2013 Net gain/(loss) on spot transactions and derivatives Gain from sale of loans Net realised gain on disposal of financial assets available for sale (Loss)/gain from foreign exchange revaluation of financial assets and liabilities Net gain from sale of interest in associate Other 13 701 174 5 (169) 44 (265) 626 9 413 116 69 (642) 93 4 866 56 (51) 19 3 122 12 755 968 377 105 8. Impairment losses Cash loans Credit card loans POS loans Property, equipment and intangible assets Car loans Loans to corporations Mortgage loans Other assets 9 month 9 month 3 month 3 month period ended period ended period ended period ended 30 Sep 2014 30 Sep 2013 30 Sep 2014 30 Sep 2013 24,373 8,909 4,703 445 (6) (18) (37) 3 38,372 25,928 3,576 5,805 (12) 21 (16) 35,302 6,763 3,125 1,136 1 (23) 30 1 11,033 9,817 1,552 1,989 (3) (3) (25) 13,327 14

Home Credit and Finance Bank 9. General administrative expenses Note 9 month 9 month period ended period ended 30 Sep 2014 30 Sep 2013 3 month period ended 30 Sep 2014 3 month period ended 30 Sep 2013 Personnel related expenses Occupancy Depreciation and amortisation Payroll related taxes Telecommunication and postage Professional services Repairs and maintenance Advertising and marketing Information technology Travel expenses Taxes other than income tax Other 26 8,235 2,503 2,049 1,848 1,202 986 725 389 297 227 185 957 8,961 2,338 1,608 1,809 1,265 700 732 678 357 339 203 982 2,241 728 702 472 383 370 219 34 86 67 56 333 3,174 1,122 582 326 440 237 157 261 130 120 73 328 19,603 19,972 5,691 6,950 15

Home Credit and Finance Bank 10. Income tax benefit/(expense) 9 month 9 month 3 month 3 month period ended period ended period ended period ended 30 Sep 2014 30 Sep 2013 30 Sep 2014 30 Sep 2013 Current tax (expense)/benefit (287) (3,408) 82 (910) Deferred tax benefit/(expense) 933 571 (183) 236 646 (2,837) (101) (674) Reconciliation of effective tax rate (Loss)/profit before tax Income tax using the applicable tax rate (20%) Dividends from Bank Home Credit (SB JSC) Net nondeductible costs Income taxed at lower tax rates 9 month 9 month 3 month 3 month period ended period ended period ended period ended 30 Sep 2014 30 Sep 2013 30 Sep 2014 30 Sep 2013 (4,825) 12,219 (60) 2,516 965 (2,444) 12 (503) (132) (140) (140) (201) (265) (113) (32) 14 12 1 646 (2,837) (101) (674) 16

Home Credit and Finance Bank 10. Income tax benefit/(expense) (continued) The tax effects relating to components of other comprehensive income comprise: 9 month period ended 30 Sep 2014 Amount before tax 9 month period ended 30 Sep 2013 3 month period ended 30 Sep 2014 3 month period ended 30 Sep 2013 Tax benefit / Amount Amount before Tax benefit/ Amount Amount before Tax Amount Amount before Tax (expense) net of tax tax (expense) net of tax tax benefit net of tax tax benefit Amount net of tax Net change in fair value of financial assets available for sale (39) 8 (31) (121) 24 (97) (11) 2 (9) (84) 17 (67) Cash flow hedge reserve 250 (50) 200 88 (18) 70 (86) 17 (69) (5) 1 (4) 211 (42) 169 (33) 6 (27) (97) 19 (78) (89) 18 (71) 17

11. Cash and cash equivalents Home Credit and Finance Bank 30 Sep 2014 31 Dec 2013 Placements with banks and other financial institutions due within one month 31,457 19,421 Amounts receivable under reverse repurchase agreements 21,270 8,654 Cash 4,975 9,518 Nostro accounts with the CBR 3,374 5,602 Nostro accounts with the NBRK 549 128 61,625 43,323 Placements with banks and other financial institutions shown above comprise nostro accounts and loans and deposits. 12. Placements with banks and other financial institutions 30 Sep 2014 31 Dec 2013 Term deposits with banks and other financial institutions due after one month 4,757 3,704 Minimum reserve deposit with the CBR 2,158 2,376 Placements with MasterCard and VISA 895 750 Minimum reserve deposit with the NBRK 242 377 8,052 Placements with MasterCard and VISA are security deposits whose withdrawability is restricted. 7,207 The minimum reserve deposits are mandatory noninterest bearing deposits calculated in accordance with regulations issued by the CBR and the NBRK whose withdrawability is restricted. 13. Loans to customers 30 Sep 2014 31 Dec 2013 Cash loans 183,891 208,386 POS loans 57,531 76,364 Credit card loans 47,807 42,722 Mortgage loans Car loans 4,411 51 4,188 100 Loans to corporations 47 18 Impairment allowance (50,713) (45,865) 243,025 285,913 The Group provides pointofsale loans ("POS loans") for any purpose including household goods, services and other purposes. Credit cards are generally issued for 3 years and have an average credit limit of TRUB 82 and require a minimum monthly payment of 5% of the outstanding credit balance on the respective credit card (31 December 2013: 3 years and TRUB 98 respectively and a minimum monthly payment of 5% of the outstanding credit balance). As at 30 September 2014 the average loantovalue ratio for mortgage loans is 61% (31 December 2013: 61%). 18

Home Credit and Finance Bank 13. Loans to customers (continued) The following table provides the average size of loans granted and the average term by type of loans: Total allowances for impairment by product classes to nonperforming loans ("NPLs") by product classes 30 September 2014 31 December 2013 Provision Provision NPLs coverage NPLs coverage % % Cash loans 33,392 104 26,654 125 POS loans 6,472 106 6,427 116 Credit card loans 9,457 95 5,422 92 Mortgage loans 153 122 134 105 Car loans 12 92 19 100 Total 30 September 2014 31 December 2013 Size Term Size Term TRUB Months TRUB Months Cash loans 181.9 39 152.0 36 POS loans 37.6 21 34.2 19 49,486 102 38,656 Nonperforming loans are defined by the Group as loans and receivables overdue more than 90 days. Loans and receivables, except for mortgage and car loans, overdue more than 360 days are written off. Mortgage and car loans and receivables overdue more than 720 days are written off. Some of the loans written off can be subsequently sold. During the nine month period ended 30 September 2014 the Group sold nonperforming loans with a gross value of 29,159 for 2,315 (nine month period ended 30 September 2013: gross value of 3,570 for 310). During the nine month period ended 30 September 2014 the Group sold performing cash and POS loans to related parties with the gross value of 18,558 for 18,732. The gain of 174 is recognised in other operating income, net (nine month period ended 30 September 2013: performing cash loans with the gross value of 9,854 for 10,480, with a gain of 626) (Note 7). The Group estimated the impairment on loans to customers in accordance with the accounting policy as described in Note 3(j) and used assumptions described in Note 13 of the Group's annual consolidated financial statements for the year ended 31 December 2013 taking into account the following. Changes in macro situation and fast growth in retail banking in Russia in previous years caused the Bank to adjust its lending criteria in the middle of 2013, making new loan originating substantially tightened as compared to previous periods. As a result the management believes that new cash loans behave substantially better and future loan migration and collection experience for new loans will not be consistent with past experience. The Bank monitors performance of the new loans separately. Changes in collection estimates could affect the impairment losses recognised. For example, to the extent that estimated future cash flows of loans differ by plus/minus one percent, the loan impairment allowance as at 30 September 2014 would be 2,430 lower/higher (31 December 2013: 2,859). As at 30 September 2014 cash loans receivables with the total carrying amount of 6,228 (31 December 2013: 6,121) were sold to Eurasia Structured Finance No.3 B.V. and served as collateral in relation to the notes issued by the HC Finance (LLC) as a part of cash loan securitisation transaction (refer to Note 18). Eurasia Structured Finance No.3 B.V. can not sell or repledge these cash loan receivables (unless the enforcement event contemplated by the relevant cash loan document occurs) to other parties save for the obligation of the Bank to repurchase ineligible receivables. 119 19

13. Loans to customers (continued) Home Credit and Finance Bank Analysis of movements in impairment allowance Movements in the loan impairment allowance by classes of loans to customers for the nine month period ended 30 September 2014 were as follows: Balance at 1 January Net charge/ (recovery) Cash loans 33,286 24,373 POS loans 7,433 4,703 Credit card loans 4,968 8,909 Mortgage loans 141 (37) Car loans 19 (6) Loans to corporations 18 (18) Total 45,865 37,924 Loans recovered and sold which previously were written off Write offs 2,122 (25,283) 981 316 91 (6,295) (5,237) (8) 9 (11) 3,519 (36,834) Effect of foreign currency translation 196 41 Balance at 30 September (unaudited) 34,694 6,863 8,958 2 187 11 239 50,713 Net charge of impairment allowance for Cash loans of 24,373 shown above includes 4,341 on loans originated under new conditions since 1 September 2013. Movements in the loan impairment allowance by classes of loans to customers for the nine month period ended 30 September 2013 were as follows: Cash loans Balance at 1 January 13,588 Net charge/ (recovery) 25,928 POS loans 4,618 5,805 Credit card loans 1,595 3,576 Mortgage loans 211 (16) Car loans 34 (12) Loans to corporations 21 Total 20,046 35,302 Loans recovered and sold which previously were written off Write offs (10,065) 554 488 (3,840) 360 (1,593) 69 (118) 14 1,485 (14) (15,630) Effect of foreign currency translation 29 18 Balance at 30 September (unaudited) 30,034 7,089 3,938 146 22 21 47 41,250 Net charge of impairment allowance for Cash loans of 25,928 shown above includes 100 on loans originated under new conditions since 1 September 2013. 20

14. Positive fair value of derivative instruments Hedging derivative instruments Trading derivative instruments Home Credit and Finance Bank 30 Sep 2014 2,710 369 3,079 31 Dec 2013 346 25 371 15. 16. (a) Financial assets available for sale 30 Sep 2014 Quoted debt securities 11,768 11,768 Property, equipment and intangible assets Intangible assets 31 Dec 2013 5,711 5,711 (b) Cost Accumulated amortisation Net book value Property and equipment Cost Accumulated depreciation Impairment losses 30 Sep 2014 4,967 (2,275) 2,692 30 Sep 2014 15,489 31 Dec 2013 4,041 (1,557) 2,484 31 Dec 2013 15,544 (6,312) (5,365) (322) (193) Net book value 8,855 9,986 Movements in the impairment allowance are as follows: 2014 2013 Balance at 1 January (193) Impairment losses (445) Amounts related to offices closed 316 Balance at 30 September (unaudited) (322) 21

17. Other assets Settlements with suppliers Taxes other than income tax Prepaid expenses Accrued income Other Impairment allowance Home Credit and Finance Bank 30 Sep 2014 708 1,169 447 258 78 71 64 347 114 111 (6) (3) 1,405 31 Dec 2013 1,953 18. Debt securities issued 3.1 3.1 Loan participation notes issue 6 of MUSD 500 March 2014 Stock exchange RUB bond issue 01 of 3,000 Unsecured RUB bond issue 6 of 5,000 June 2014 Unsecured RUB bond issue 7 of 5,000 Stock exchange RUB bond issue 02 of 3,000 Cash loan receivables backed notes of 5,000 Unsecured KZT bond issue 1 of MKZT 7,000 Maturity April 2014 April 2015 9.75% February 2016 9.40% November 2016 Coupon rate November 2021/ November 2016* 8.25% 30 Sep 2014 31 Dec 2013 Fixed, 7.00% 16,686 Floating, 8.80% 3,050 9.35% 5,027 Fixed, 8.50% 5,089 5,087 3,018 3,014 4,958 4,961 1,527 1,459 Unsecured KZT bond issue 2 of MKZT 6,769 February 2019 Fixed, 9.50% 1,446 16,038 39,284 * Early redemption option date The USD denominated loan participation notes issue 6 was issued in March 2011 through Eurasia Capital S.A. in the amount of MUSD 500. The proceeds from the issue were used to grant an unsecured loan to the Bank. In March 2014 the Group fully repaid the notes issue at par. In April 2011 the Group issued the RUB denominated Stock exchange bond issue 01 with a floating coupon rate at 3M MosPrime + 200 b.p., resetable at specified coupon dates. In April 2014 the Group fully repaid the bond issue at par. The RUB denominated bond issue 6 was issued in June 2009 with a fixed coupon rate, resetable at specified option dates. In June 2014 the Group fully repaid the bond issue at par. In April 2010 the Group issued the RUB denominated bond issue 7 with a fixed coupon rate set for two years. In April 2012 the Group reset a new coupon rate which is valid until the final maturity date. 22

Home Credit and Finance Bank 18. Debt securities issued (continued) 5 In February 2013 the Group issued the RUB denominated Stock exchange bond issue 02 with a fixed coupon rate which is valid until the final maturity. In November 2013 the Group issued the RUB denominated cash loan receivables backed notes through HC Finance (LLC) with a fixed coupon rate which is valid until the coupon payment date on 19 January 2017 and capped floating coupon rate from 20 January 2017 till the final maturity. The proceeds from the issue were used to grant an unsecured loan to Eurasia Structured Finance No. 3 B.V. This loan was used to obtain cash loan receivables from the Bank (Note 13). The Bank issued the public offer to purchase the outstanding securitisation bonds on 27 November 2016. In November 2013 the Group issued the KZT denominated bond issue 1 with a fixed coupon rate which is valid until the final maturity. In February 2014 the Group issued the KZT denominated bond issue 2 with a fixed coupon rate which is valid until the final maturity. Eurasia Capital S.A., HC Finance (LLC) and Eurasia Structured Finance No. 3 B.V. are structured entities established by the Group with the primary objective of raising finance through the issuance of debt securities and securitising part of consumer loan portfolio. These structured entities are run according to predetermined criteria that are part of the initial design of the vehicles. The daytoday servicing of the receivables is carried out by the Group under a servicing contract, other key decisions are also made by the Group. In addition, the Group is exposed to a variability of returns from the vehicles through exposure to tax benefits, cost savings related to issuance of debt securities and securitizing part of consumer loan portfolio. As a result, the Group concluded that it controls these structured entities. 19. Subordinated debt Maturity Coupon rate 30 Sep 2014 31 Dec 2013 Loan participation notes issue of April 2020/ Fixed, MUSD 500 April 2018* 9.38% 20,404 16,541 Loan participation notes issue of MUSD 200 April 2021/ April 2019* Fixed, 10.50% 8,213 6,641 Subordinated borrowings from parent December 2016 16.00% 139 136 * Early redemption option date 28,756 23,318 In October 2012 the Group issued the MUSD 500 of subordinated seven and a half year loan participation notes at the fixed rate of 9.38% through Eurasia Capital S.A. The terms of the loan agreement include the call option executable on 24 April 2018 ("the reset date"). After the reset date the interest rate is determined as two year US treasuries rate + 862.4 b.p. The proceeds from the issue were used to grant a subordinated loan to the Bank. In November 2012 the issue was registered with the CBR. In October 2013 the Group issued the MUSD 200 of Basel III compliant tier 2 seven and a half year loan participation notes at the fixed rate of 10.50% through Eurasia Capital S.A. The proceeds from the issue were used to grant a subordinated loan to the Bank. The terms of the loan agreement include the call option executable on 17 April 2019 ("the reset date"). After the reset date the interest rate is determined as two year US treasuries rate + 903 b.p. In November 2013 the issue was registered with the CBR. 23

20. Due to banks and other financial institutions Home Credit and Finance Bank 30 Sep 2014 31 Dec 2013 Unsecured loans 26,676 Secured loans 4,669 Other balances 400 31,745 13,811 246 14,057 As at 30 September 2014 the Group pledged and transferred financial assets available for sale with carrying amount of 5,138 as collateral for secured loans that had recourse only to the transferred assets. These financial assets might be repledged or resold by counterparties in the absence of any default by the Group, but the counterparty had an obligation to return the securities when the contract matures. The Group determined that it retained substantially all the risks and rewards related to these securities and therefore did not derecognise them. The fair value of the transferred assets available for sale and related secured loans was equal to their carrying amount and net position was 469 (31 December 2013: none). 21. Current accounts and deposits from customers 30 Sep 2014 31 Dec 2013 Retail Term deposits Current accounts and demand deposits 189,671 16,842 194,518 20,195 206,513 214,713 Corporate Term deposits Current accounts and demand deposits 4,729 702 5,929 739 5,431 6,668 211,944 221,381 22. Negative fair value of derivative instruments 30 Sep 2014 Hedging derivative instruments Trading derivative instruments 189 31 Dec 2013 85 62 189 147 24

23. Other liabilities Home Credit and Finance Bank 30 Sep 2014 31 Dec 2013 Accrued employee compensation 2,149 2,443 Settlements with suppliers 1,328 1,390 Other taxes payable 625 938 Accrued payments to the Deposits Insurance Agency 203 Provision for restructuring 172 99 Other 415 681 4,892 5,551 Movements in the provision for restructuring are as follows: 2014 2013 Balance at 1 January 99 Provision for restructuring 174 Amounts related to offices closed (101) Balance at 30 September (unaudited) 172 25

24. Financial instruments Home Credit and Finance Bank The following table shows assets and liabilities as at 30 September 2014 and 31 December 2013 by remaining contractual undiscounted cash flows. Such undiscounted cash flows differ from the amount included in the condensed consolidated interim statement of financial position because the statement of financial position amount is based on discounted cash flows. 30 September 2014 31 December 2013 Less than 1 1 to 3 3 months to More than No Less than 1 1 to 3 3 months to More than No month months 1 year 1 to 5 years 5 years maturity Total month months 1 year 1 to 5 years 5 years maturity Total Nonderivative assets Cash and cash equivalents 61,636 61,636 43,328 43,328 Placements with banks and other financial institutions 879 732 3,496 3,297 8,404 994 2,894 3,517 7,405 Loans to customers 24,338 49,037 140,852 113,362 1,754 329,343 27,106 62,223 171,897 124,698 1,831 387,755 Financial assets available for sale 976 1,490 9,418 11,884 744 4,949 33 5,726 Property, equipment and intangible assets Assets classified as held for sale 270 11,547 11,547 270 294 12,470 12,470 294 Investment in associate 111 111 163 163 Deferred tax asset 2,012 2,012 1,088 1,088 Current income tax receivable 711 711 441 441 Other assets 227 106 1,045 27 1,405 459 91 1,377 26 1,953 Total nonderivative assets 87,177 51,512 153,028 116,885 1,754 16,967 427,323 71,637 68,257 176,936 124,724 1,831 17,238 460,623 Nonderivative liabilities Debt securities issued (156) (139) (6,033) (12,216) (18,544) (187) (17,223) (9,195) (16,117) (42,722) Subordinated debt (1,339) (4) (1,354) (36,584) (39,281) (1) (2) (2,232) (24,647) (6,889) (33,771) Due to banks and other financial institutions (9,385) (10,157) (11,607) (1,577) (32,726) (1,473) (1,856) (6,671) (5,157) (15,157) Current accounts and deposits from customers (39,968) (56,515) (99,320) (24,175) (219,978) (48,325) (44,591) (126,791) (9,710) (229,417) Deferred tax liability (38) (38) Other liabilities (3,301) (621) (970) (4,892) (2,639) (735) (1,968) (209) (5,551) Total nonderivative liabilities (54,149) (67,436) (119,284) (74,590) (315,459) (52,625) (64,407) (146,857) (55,631) (6,889) (209) (326,618) Derivative instruments Inflow (8) 249 352 2,333 2,926 357 357 Outflow (172) (14) (186) (3) (140) (159) (133) (435) Net balance position 32,848 (15,689) 34,096 44,628 1,754 16,967 114,604 19,009 3,710 29,920 69,317 (5,058) 17,029 133,927 Irrevocable credit related commitments * (2,736) (440) (3,176) (2,233) Financial guarantees (4,000) (5,000) (2,600) (11,600) (1) Net position 26,112 (21,129) 31,496 44,628 1,754 16,967 99,828 16,775 (231) (2,464) (1) 3,710 29,689 69,317 (5,058) 17,029 131,462 Cumulative net position 26,112 4,983 36,479 81,107 82,861 99,828 16,775 20,485 50,174 119,491 114,433 131,462 * Other credit related commitments are disclosed in Note 25 26

24. Financial instruments (continued) Home Credit and Finance Bank Fair value of financial instruments The estimates of fair value are intended to approximate the price that would be received when selling an asset or paid when transferring a liability in an orderly transaction between market participants at the measurement date. However given the uncertainties and the use of subjective judgment, the fair value should not be interpreted as being realisable in an immediate sale of the assets or transfer of liabilities. Fair values of financial assets and financial liabilities that are traded in active markets are based on quoted market prices or dealer price quotations. For all other financial instruments the Group determines fair values using other valuation techniques. The following assumptions are used by management to estimate the fair values of financial instruments that are traded in active markets: The estimation of the fair value of debt securities issued was made by using market quotes in the range of 95.599.9% for debt securities issued in RUB and market quote of 98.5% for debt securities issued in KZT The estimation of the fair value of subordinated debt was made by using market quotes in the range of 88.589.5% for subordinated debt issued in USD. The following assumptions are used by management to estimate the fair values of other financial instruments: The estimation of the fair value of POS, cash and credit card loans was made by using discounting future cash flows at discount rates of 27.0%. The estimation of the fair value of mortgage loans was made byusing discounting future cash flows at discount rates of 11.011.5% The estimation of the fair value of placements with banks and other financial institutions was made by using discounting future cash flows at discount rates of 8.3% in RUB, 4.5% in USD The estimation of the fair value of subordinated debt was made by using discounting future cash flows at discount rate of 16.0% for borrowings in KZT The estimation of the fair value of due to banks and other financial institutions was made by using discounting future cash flows at discount rates of 8.810.0% in RUB and 11.9% in KZT The estimation of the fair value of current accounts and deposits from customers was made by using discounting future cash flows at discount rates of 9.5% in RUB, 4.0% in USD, 4.0% in EUR and 7.9% in KZT The Group uses widely recognised valuation models for determining the fair value of financial instruments at fair value through profit or loss that use only observable market data such as foreign currency exchange rates and benchmark interest rates. The Group measures fair values for financial instruments recorded in the condensed consolidated interim statement of financial position using the following fair value hierarchy that reflects the significance of the inputs used in making the measurements: Level 1: Quoted market price (unadjusted) in an active market for an identical instrument Level 2: Valuation techniques based on observable inputs, either directly (i.e., as prices) or indirectly (i.e., derived from prices). This category includes instruments valued using: quoted market prices in active markets for similar instruments; quoted prices for identical or similar instruments in markets that are considered less than active; or other valuation techniques where all significant inputs are directly or indirectly observable from market data Level 3: Valuation techniques using significant unobservable inputs. This category includes all instruments where the valuation technique includes inputs not based on observable data and the unobservable inputs have a significant effect on the instrument s valuation. This category includes instruments that are valued based on quoted prices for similar instruments where significant unobservable adjustments or assumptions are required to reflect differences between the instruments. 27

24. Financial instruments (continued) Home Credit and Finance Bank The following table analyses the fair values of financial instruments not measured at fair value, by the level in the fair value hierarchy into which each fair value measurement is categorised as at 30 September 2014: Carrying amount Fair value Level 1 Level 2 Level 3 Total Assets Loans to customers Liabilities Subordinated debt Current accounts and deposits from customers 243,025 240,070 240,070 28,756 25,525 139 25,664 211,944 210,014 210,014 The estimates of fair values of its financial assets other than loans to customers and financial liabilities other than subordinated debt and current accounts and deposits from customers as at 30 September 2014 are not materially different from their carrying values. The following table analyses the fair values of financial instruments not measured at fair value, by the level in the fair value hierarchy into which each fair value measurement is categorised as at 31 December 2013: Carrying amount Fair value Level 1 Level 2 Level 3 Total Assets Loans to customers 285,913 285,194 285,194 Liabilities Debt securities issued Subordinated debt 39,284 23,318 39,455 23,354 138 39,455 23,492 Current accounts and deposits from customers 221,381 220,519 220,519 The estimates of fair values of its financial assets other than loans to customers and financial liabilities other than debt securities issued, subordinated debt and current accounts and deposits from customers as at 31 December 2013 are not materially different from their carrying values. The table below analyses financial instruments measured at fair value at 30 September 2014, by the level in the fair value hierarchy into which the fair value measurement is categorised: Assets Positive fair value of derivative instruments Financial assets available for sale Liabilities Negative fair value of derivative instruments Level 1 Level 2 Total 3,079 3,079 11,768 11,768 189 189 28

24. Financial instruments (continued) Home Credit and Finance Bank The table below analyses financial instruments measured at fair value at 31 December 2013, by the level in the fair value hierarchy into which the fair value measurement is categorised: Assets Positive fair value of derivative instruments Financial assets available for sale Liabilities Negative fair value of derivative instruments Level 1 Level 2 Total 371 371 5,711 5,711 147 147 As at 30 September 2014 and 31 December 2013 Level 2 comprises fair values of derivative financial instruments whose valuation is based on FX spot rates as set by the CBR and benchmark interest rates. During the ninemonth period ended 30 September 2014 there were no transfers of financial instruments between Level 1, Level 2 and Level 3 (ninemonth period ended 30 September 2013: none). 25. Commitments Credit related commitments The Group has outstanding commitments to extend credit. These commitments take the form of approved credit limits related to customer's credit card accounts, approved overdraft facilities, guarantees and approved consumer loans. 30 Sep 2014 31 Dec 2013 Credit card commitments 30,438 30,832 Undrawn overdraft facilities to corporations 440 231 POS and cash loan commitments 2,736 2,233 Guarantees provided 11,600 1 45,214 33,297 The total outstanding contractual commitments to extend credit indicated above represent future cash requirements. Credit related commitments are mainly classified into category less then one month in terms of maturity, however some of these commitments may expire or terminate without being funded. 29

Home Credit and Finance Bank 26. Operating leases The Group leases a number of premises and equipment under operating leases. Lease payments are usually increased annually to reflect market rentals. None of the leases includes contingent rentals. Noncancellable operating lease rentals are payable as follows: 30 Sep 2014 31 Dec 2013 Less than one year 1,958 2,411 Between one and five years 3,693 5,152 More than five years 414 522 27. Contingencies Taxation contingencies 6,065 8,085 During the nine month period ended 30 September 2014 2,503 (nine month period ended 30 September 2013: 2,338) was recognised as an expense in the condensed consolidated interim statement of profit or loss in respect of operating leases (Note 9). The taxation systems in the Russian Federation and the Republic of Kazakhstan are relatively new and is characterised by frequent changes in legislation, official pronouncements and court decisions, which are often unclear, contradictory and subject to varying interpretation by different tax authorities. Taxes are subject to review and investigation by a number of authorities, which have the authority to impose severe fines, penalties and interest charges. A tax year remains open for review by the tax authorities during the three and five accordingly subsequent calendar years; however, under certain circumstances a tax year may remain open longer. Recent events suggest that the tax authorities are taking a more assertive position in their interpretation and enforcement of tax legislation. Starting from 1 January 2012 new transfer pricing rules came into force in Russia. These provide the possibility for tax authorities to make transfer pricing adjustments and impose additional tax liabilities in respect of controllable transactions if their prices deviate from the market range or profitability range. According to the provisions of transfer pricing rules, the taxpayer should sequentially apply five market price determination methods prescribed by the Tax Codes. Tax liabilities arising from transactions between companies are determined using actual transaction prices. It is possible, with the evolution of the interpretation of transfer pricing rules in the Russian Federation and changes in the approach of the Russian tax authorities, that such transfer prices could be challenged. Since the current Russian transfer pricing rules became effective relatively recently, the impact of any such challenge cannot be reliably estimated; however, it may be significant to the financial position and/or the overall operations of the Group. These circumstances may create tax risks in the Russian Federation and the Republic of Kazakhstan that are more significant than in other countries. Management believes that it has provided adequately for tax liabilities based on its interpretations of applicable Russian and Kazakhstan tax legislation, official pronouncements and court decisions. However, the interpretations of the relevant authorities could differ and the effect on these condensed consolidated interim financial statements, if the authorities were successful in enforcing their interpretations, could be significant. 30

Home Credit and Finance Bank 28. Related party transactions (a) Transactions with the parent Amounts included in the condensed consolidated interim statement of profit or loss in relation to transactions with the parent are as follows: 30 Sep 2014 30 Sep 2013 Interest income 197 88 Interest expense (14) (10) Gain from foreign exchange revaluation of financial assets and liabilities 369 20 552 98 Amounts included in the condensed consolidated interim statement of financial position in relation to transactions with the parent are as follows: 30 Sep 2014 31 Dec 2013 Placements with banks and other financial institutions 4,756 3,671 Subordinated debt (139) (136) 4,617 3,535 As at 30 September 2014 placements with banks and other financial institutions shown above included term deposits in the amount of 4,756 at an effective interest rate of 6.5% with a maturity of one month to two years. (31 December 2013: 3,671 at an effective interest rate of 6.5% with a maturity of three months to one year). As at 30 September 2014 subordinated debt amounted to 139 at an effective interest rate of 16% with a maturity of one to five years (31 December 2013: 136 at an effective interest rate of 9.6% with a maturity of one to five years). (b) Transactions with entities controlled by the ultimate controlling entity Amounts included in the condensed consolidated interim statement of profit or loss in relation to transactions with entities controlled by the ultimate controlling entity are as follows: 30 Sep 2014 30 Sep 2013 Interest income (260) (183) Interest expense (901) (819) Fee and commission income 1,207 5,541 Gain from foreign exchange revaluation of financial assets and liabilities 48 77 Net (loss)/gain on spot transactions and derivatives (6) 9 Gain from sale of loans 174 734 General administrative expenses (673) (673) (411) 4,686 31

28. Related party transactions (continued) Home Credit and Finance Bank (b) Transactions with entities controlled by the ultimate controlling entity Amounts included in the condensed consolidated interim statement of financial position in relation to transactions with entities controlled by the ultimate controlling entity are as follows: 30 Sep 2014 31 Dec 2013 Cash and cash equivalents 5,629 2,655 Placements with banks and other financial institutions 20 Loans to customers 230 287 Positive fair value of derivative instruments 16 Property, equipment and intangible assets 302 534 Other assets 27 236 Debt securities issued (81) (2,503) Subordinated debt (4,988) (3,621) Due to banks and other financial institutions (8,858) (7,774) Current accounts and deposits from customers (578) (326) Negative fair value of derivative instruments (168) (12) Other liabilities (189) (117) (8,674) (10,605) As at 30 September 2014 loans to customers shown above included loan origination agent fees paid totalling 230 which formed an integral part of loans to customers and were to be amortised within 15 months (31 December 2013: 287). The effective interest rate on debt securities issued shown above was 9.6% and the maturity was one month to two years as at 30 September 2014 (31 December 2013: 7.4% and one month to five years respectively). As at 30 September 2014 amounts due to banks and other financial institutions shown above included term deposits in the amount of 8,858 at an effective interest rate of 11.4% with the maturity from one month to five years (31 December 2013: 7,774 at an effective interest rate 10.6% with the maturity from one month to five years). As at 30 September 2014 current accounts and deposits from customers included deposits of 131 at an effective interest rate of 8.0% with the maturity of less than two years and other balances of 447 with the maturity of less than one month (31 December 2013: a deposit of 123 at an effective interest rate of 8.0% with the maturity of less than two years and other balances of 203 with the maturity of less than one month). As at 30 September 2014 subordinated debt amounted to 4,988 at an effective interest rate of 9.5% with a maturity from one month to five years (31 December 2013: 3,621 at an effective interest rate 9.8% with the maturity from three months to five years). (c) Transactions with members of key management Amounts included in the condensed consolidated interim statement of profit or loss in relation to transactions with members of key management (members of the Council and the Board of Management) of 313 (nine month period ended 30 September 2013: 445) represent compensation for the reporting period. 32

Home Credit and Finance Bank 29. Capital management The Group s lead regulator, the CBR, sets and monitors capital requirements for both the Bank and the Group as a whole. Bank Home Credit (SB JSC) is regulated and monitored in Kazakhstan by the NBRK. The Bank defines as capital those items defined by statutory regulation as capital for credit institutions. Starting from 1 January 2014 the Bank calculates the amount of capital and capital adequacy ratios in accordance with the CBR requirements based on Basel III requirements, so comparative figures are not presented. As at 30 September 2014, this minimum level of core capital, primary capital and total capital to risk weighted assets was 5%, 5.5% and 10% respectively. The calculation of capital adequacy based on requirements set by the CBR as at 30 September 2014 was as follows: 30 Sep 2014 Riskweighted assets 451,658 Core capital 41,053 Primary capital 41,053 Additional capital 21,114 Total capital 62,167 Core capital adequacy ratio (%) 9.1% Primary capital adequacy ratio 9.1% Total capital adequacy ratio (%) 13.8% In 2013 the Bank had to maintain statutory capital ratio above the minimum level of 10%. As at 31 December 2013 it was equal to 14.7%. Bank Home Credit (SB JSC) defines as capital those items defined by statutory regulation as capital for credit institutions. Under the current capital requirements set by the NBRK, banks in Kazakhstan have to maintain a ratio of tier I capital to total assets and total capital to risk weighted assets above the prescribed minimum levels. As at 30 September 2014, this minimum level of tier I capital to total assets was 5% and the minimum level of total capital to risk weighted assets was 10% (31 December 2013: 5% and 10% respectively). The Group also calculates its capital adequacy in compliance with the methodology set out by the Bank of International Settlements (BIS). Tier I capital is represented by equity. Tier II capital is represented by subordinated debt up to 50% of tier I. 33

Home Credit and Finance Bank 29. Capital management (continued) The calculation of capital adequacy based on requirements set by BIS as at 30 September 2014 and 31 December 2013 was as follows: 30 Sep 2014 31 Dec 2013 Risk weighted assets 305,674 333,241 Tier I capital 50,003 55,196 Tier II capital 23,069 22,992 Total capital 73,072 78,188 Tier I ratio 16.4% 16.6% Capital Adequacy Ratio 23.9% 23.5% During the reporting period the Group was fully in compliance with the capital regulations described above. 30. Segment analysis Board of Management is the chief operating decision maker. Board of Management reviews internal reporting on a regular basis to assess the performance of individual segments and to allocate resources accordingly. Board of Management monitors performance mainly from a product perspective and geographical perspective. Operational information is represented by major reportable segments being POS loans, cash loans and credit card loans. Other segments comprising mortgage loans, car loans, loans to corporations and treasury operations are less significant and thus are not reported separately to management. The Group operates in the Russian Federation and the Republic of Kazakhstan. In presenting geographical information the allocation of revenue is based on the geographical location of customers and assets. Revenues of reportable segments consist of interest and fee income including intersegment revenues resulting from allocation of financing raised by the treasury function to major segments. Performance of individual segments is assessed by the Board of Management based on segment profit or loss. Total segment assets mainly consist of the loan portfolio and interest earning financial assets accumulated as a result of treasury operations. A presentation of segment revenues, segment profit and assets is provided below. 34

Home Credit and Finance Bank 30. (a) Segment analysis (continued) Operational segments POS Credit card Cash Other loans loans loans segments Total 9 month period ended 30 September 2014 External interest income 6,785 9,776 38,969 2,938 58,468 Fee and commission income 3,801 3,121 8,614 239 15,775 Inter segment revenue 16,797 16,797 Total revenues 10,586 12,897 47,583 19,974 91,040 External interest expense (19,890) (19,890) Inter segment interest expense (2,214) (1,794) (13,189) (17,197) Inter segment other operating income, net 50 44 306 400 Fee and commission expense (109) (942) (112) (27) (1,190) Other operating income, net (63) 289 451 677 Impairment losses (4,703) (8,909) (24,373) 61 (37,924) Total expenses (7,039) (11,601) (37,079) (19,405) (75,124) Segment profit 3,547 1,296 10,504 569 15,916 9 month period ended 30 September 2013 External interest income 9,006 7,345 48,449 2,558 67,359 Fee and commission income 4,732 2,782 13,992 544 22,050 Inter segment revenue 18,526 18,526 Total revenues 13,738 10,127 62,441 21,628 107,935 External interest expense (20,990) (20,990) Inter segment interest expense (2,674) (1,269) (14,740) (18,683) Inter segment other operating expense, net 22 11 124 157 Fee and commission expense (116) (531) (275) (141) (1,063) Other operating expense, net 12 8 186 206 Impairment losses (5,805) (3,576) (25,928) 7 (35,302) Total expenses (8,561) (5,365) (40,811) (20,938) (75,675) Segment profit 5,177 4,762 21,630 690 32,260 35

30. Segment analysis (continued) Home Credit and Finance Bank Segment assets POS Credit card Cash loans loans loans Other segments Carrying amount at 30 September 2014 50,668 38,849 149,197 74,218 A reconciliation of segment revenues to total revenues is provided as follows: Total 312,932 Carrying amount at 31 December 2013 68,931 37,754 175,100 30,232 312,017 9 month 9 month ended ended 30 Sep 2014 30 Sep 2013 Segment revenues 91,040 107,935 Inter segment revenue (16,797) (18,526) Unallocated fee and comission income 201 223 Total revenues 74,444 89,632 A reconciliation of segment profit to total profit before tax is provided as follows: 9 month 9 month period ended period ended 30 Sep 2014 30 Sep 2013 Segment profit for reportable segments 15,916 32,260 Unallocated fee and comission income 201 223 Unallocated fee and comission expense (969) (1,054) Unallocated other operating income 78 762 Unallocated impairment losses (448) General administrative expenses (19,603) (19,972) (Loss)/profit before tax (4,825) 12,219 Reportable segments' assets are reconciled to total assets as follows: 30 Sep 2014 31 Dec 2013 Total segment assets 312,932 312,017 Cash and cash equivalents (excluded from other segments) 12,459 27,755 Placements with banks and other financial institutions (excluded from other segments) 2,158 2,753 Property, equipment and intangible assets 11,547 12,470 Assets classified as held for sale 270 294 Investment in associate 111 163 Income tax assets 2,723 1,529 Other assets 1,405 1,953 Total assets 343,605 358,934 36

Home Credit and Finance Bank 30. Segment analysis (continued) (b) Geographical segments 9 month period ended 30 September 2014 Russian Federation Kazakhstan Eliminations Total External interest income 53,548 4,920 58,468 Fee and commission income 13,807 2,169 15,976 Inter segment revenue 168 (168) Total revenues 67,523 7,089 (168) 74,444 External interest expense (18,838) (1,052) (19,890) Inter segment interest expense (168) 168 Inter segment other operating income/(expense), net (156) (156) Fee and commission expense (2,023) (136) (2,159) Other operating income, net 2,121 99 (1,309) 911 Impairment losses (36,298) (2,074) (38,372) General administrative expenses (17,261) (2,342) (19,603) Total expenses (72,455) (5,673) (1,141) (79,269) (Loss)/profit before tax (4,932) 1,416 (1,309) (4,825) Income tax expense 970 (324) 646 (Loss)/profit for the period (3,962) 1,092 (1,309) (4,179) Russian Federation Kazakhstan Eliminations Total 9 month period ended 30 September 2013 External interest income 63,474 3,885 67,359 Fee and commission income 19,837 2,436 22,273 Inter segment revenue 91 (91) Total revenues 83,402 6,321 (91) 89,632 External interest expense (20,303) (687) (20,990) Inter segment interest expense (91) 91 Inter segment other operating income/(expense), net 121 (63) 58 Fee and commission expense (1,954) (163) (2,117) Other operating income, net 2,278 34 (1,402) 910 Impairment losses (33,846) (1,456) (35,302) General administrative expenses (18,434) (1,538) (19,972) Total expenses (72,138) (3,964) (1,311) (77,413) Profit before tax 11,264 2,357 (1,402) 12,219 Income tax expense (2,372) (465) (2,837) Profit for the period 8,892 1,892 (1,402) 9,382 37