OREANDA-NEWS. April 30, 2010. RUSNANO’s net profit in 2009 totaled 11.25 billion rubles. The Corporation’s net profit in the reporting period resulted mostly from income received on deposit of temporary available funds as recommended by the Ministry of Finance of the Russian Federation. RUSNANO’s independent investment income in the reporting period reached 13.53 billion rubles. The corporation’s before-tax income in 2009 totaled 14.07 billion rubles.

The Corporation’s activities in 2009 were funded from asset contributions provided by the Russian Federation. These contributions in the amount of 130 billion rubles were received in November 2007. In December 2009, the Corporation’s funds dropped, as 66.4 billion rubles of the Russian Federation asset contribution had been returned (in accordance with the Russian Federation Government Resolution 1455-p, 5 October 2009).

The spending of the Corporation in 2009, including the returned amount of the asset contribution, totaled 106.94 billion rubles, which is below the estimated levels.

A total of 32.33 billion rubles of funding, against estimated 26.91 billion, were allocated for investment, infrastructure, and educational projects.

Actual tax payments, including income tax (3.7 billion rubles), value-added tax (18.3 million rubles), property tax (5.1 million rubles), and unified social tax (81.8 million rubles), accounted for 3.8 billion rubles.

Financial results of RUSNANO’s activities have been confirmed by the audit report of PriceWaterhouseCoopers Audit.