As of March 1, 2022, there were 19 bond issues outstanding for a total amount of RUB 84.7 billion.
As a stock market participant, TransFin-M discloses information in accordance with the requirements applicable to all public companies. Since 2007, the company has been preparing and releasing IFRS financial statements audited by Ernst & Young. In 2020 the company started working with the FBK audit and consulting group, a member of Grant Thornton, a leading international network of independent audit and consulting firms.
The shareholder regularly increases the uthorized capital TransFin-M. As part of this expansion, in 2014-2016 the company placed three issues of bonds convertible into the company’s ordinary shares three years from the date of issue, for a total of RUB 10 billion. In December 2017 and October 2018, RUB 6.5 billion worth of bonds were converted into shares. The third issue worth RUB 3.5 billion was converted in November 2019. Also, in 2017 the shareholder decided to issue additional shares worth RUB 3 billion, bringing TransFin-M’s authorized capital to RUB 15.6 billion. Growth of authorized capital, high quality of the assets portfolio, a balanced business strategy aimed at developing competencies both in the traditional railway industry and in related high-yield market sectors were praised by the creditors, investors and rating agencies.
TransFin-M discloses all information on the web-site of Interfax-CRCI, an information agency accredited by the Central Bank of the Russian Federation for information disclosure.
Disclosure address: https://www.e-disclosure.ru/portal/company.aspx?id=8783
TransFin-M’s long-term commitment to the investment market and impeccable performance of its obligations to the investors established the company as a major player in the bonds market with high financial reliability and investor confidence. As of March 1, 2022, there were 19 bond issues outstanding for a total amount of RUB 84.7 billion.
Capital according to RAS as of the end of 2021
United Leasing Association (ULA) was established in 1999 and is currently the largest Russian professional association of participants in the leasing industry, whose business volume accounts for about 80% of the official leasing market in Russia. The priority tasks of the ULA are to represent and protect the interests of leasing companies at the state level, to collect reliable information about the leasing market in the Russian Federation, to develop uniform standards for conducting leasing transactions, and to educate. ULA represents the leasing industry of the Russian Federation in Europe, being a member of the European Confederation of Leasing Associations (Leaseurope)