АНАЛИТИКА И РЕКОМЕНДАЦИИ ПО АКЦИЯМ МОДЕЛЬНЫЙ ПОРТФЕЛЬ СРАВНИТЕЛЬНЫЕ КОЭФФИЦИЕНТЫ 20.11.2009
Компания,
вид акции
Цена $ +/- в 2009 Рек-ия цель 12мес. до цели Консен-сус $ до цели Изм.с 31.10 Кол-во Buy Sell Портфель Рост после Кап-ия млн.$ FF % Вес по FF Индекс РТС EV/Sales
2008 2009
Sales +/-
2008 2009
EV/Ebitda
2008 2009
EBITDA +/-
2008 2009
P/E
2008 2009
P/ BV ND/ MC Дивиденд
2008 2009
Код РТС
Газпром 6.23 70% buy! 18.8 202% 9.17 47% 0% 12 10 15% -35.4% 147 511 25% 22.7% 13.3% 1.5 1.8 47% -19% 3.4 4.2 63% -22% 5.5 6.9 0.8 20% 1% 0% GAZP
Новатэк 5.47 232% hold 8.9 63% 7.19 31% 9% 10 7   -22.8% 16 622 25% 2.6% 1.9% 6.3 6.1 26% 10% 14 14 26% 2% 20.9 20.9 4.0 9% 1% 2% NVTK
Лукойл 61 87% buy! 130 113% 77.9 28% 2% 17 6 15% -13.1% 51 908 50% 16.0% 13.5% 0.6 0.7 28% -8% 4 3.9 9% 0% 6.6 7.3 0.9 11% 2% 3% LKOH
Роснефть 8.65 130% buy 11.5 33% 8.72 1% 7% 14 2 7% +2.3% 91 708 15% 8.5% 10.7% 1.8 1.9 36% -4% 7.4 7 18% 3% 9.6 12.1 1.7 15% 1% 1% ROSN
СургутНГ 0.92 64% buy 1.17 28% 1.23 34% 2% 12 1 3% +26.9% 32 728 25% 5.0% 6.4% 0.9 0.7 -7% 21% 2.5 2 -12% 24% 7.1 8.9 0.9 -52% 2% 2% SNGS
СургутНГ прив. 0.46 122% buy 0.76 66% 0.66 44% -0% 4 10 3% +23.9% 3 535 70% 1.5% 1.9%     50%   6% 10% SNGSP
Газпромнефть 5.37 154% buy 7.6 42% 5.52 3% 3% 14 2 4% +11.6% 25 447 5% 0.8% 1.0% 1 0.9 48% 3% 4.2 4 26% 0% 6.3 7.0 1.5 4% 3% 3% SIBN
Татнефть 4.94 162% buy 7.1 44% 4.88 -1% 10% 11 -3   -0.5% 10 768 25% 1.7% 2.5% 0.7 0.8 25% -6% 7.1 5.1 -34% 50% 38.0 10.1 1.1 5% 4% 3% TATN
Татнефть прив. 2.18 214% buy 4.6 111% 2.79 28% 0% 2 10   -13.6% 321 100% 0.2%       44%   9% 7% TATNP
Транснефть прив. 756 220% buy 2000 164% 1347 78% -8% 6 3   -25.1% 1 176 100% 0.7% 0.9% 1.3 1.5 24% 15% 2.2 2.6 27% 12% 1.9 1.4 0.2 248% 1% 1% TRNFP
Уфанефтехим 2.8 158% buy 4.8 71% 6.25 123% 0% 1     -3.4% 771 20% 0.1% 0.1% 0.8 1.4 64% -35% 1.5 7.2 155% -76% 4.7 18.1 1.2 -21% 4% 11% UFNC
Уфимский НПЗ 1.16 152% buy 2.7 133% 2.65 128% 0% 1     +5.5% 632 15% 0.1%   1.3 36% 2.6 60% 3.9 1.3 -5% 9% 8% unpz
Новойл 1.17 29% buy 1.8 53% 1.76 50% 0% 1     +6.8% 933 6% 0.0%   1.7   30%   3.8   71%   6.3   2.1 -14% 6% 6% nunz
АКРОН 30.9 207% hold 88.9 188% 34.2 11% 2% 11 4   -56.0% 1 472 12% 0.1% 0.2% 1.5 1.5 39% -4% 3.6 8.1 104% -57% 4.5 13.3 1.7 43% 7% 9% AKRN
Дорогобуж 0.59 181% hold 0.89 51% 0.55 -6% -0% 5 8   -26.9% 425 8% 0.0%       7 0% 11% 0% DGBZ
Сильвинит 744 228% hold 1070 44% 760 2% 7% 6 7   -33.7% 5 825 15% 0.5% 0.7% 4.4 7.2 133% -38% 6 9.2 270% -34% 10.5 17.5 4.8 20% 2% 2% SILV
Уралкалий 4.68 159% hold 9.4 101% 4.59 -2% -0% 15 3   -46.8% 9 943 20% 1.2% 2.7% 4.5 5.8 113% -25% 6.9 9.1 242% -27% 13.1 15.3 5.4 -4% 1% 3% URKA
ФСК 0.01 219% buy 0.02 50% 0.02 17% 10% 8 4 3% +3.1% 15 391 20% 1.9% 2.4% 4.4 5.1 7% 21% 12 11 4% 53% 99.0 26.8 0.8 -5% 0% 0% FEES
МРСК Холдинг 0.13 350% buy   0.17 29% 46% 5 8   -8.4% 5 406 25% 0.8% 1.1%         MRKH
МОЭСК 0.05 18% hold 0.12 150% 0.05 5% 4% 7 7   -52.0% 2 238 10% 0.1%   1.7 1.2 63% 39% 8.4 3.5 -7% 139% 28.0 5.8 0.5 61% 0% 0% MSRS
РусГидро 0.04 96% hold 0.09 123% 0.05 17% 0% 14 5   -40.5% 10 786 15% 1.0% 2.4% 4.3 3.3 36% 18% 8.6 5.3 72% 49%   9.8 0.8 -18% 1% 0% HYDR
Иркутскэнерго 0.46 81% buy 1.15 148% 0.54 15% 1% 2 5   -31.2% 2 210 8% 0.1%   1.7 1.7 71% 10% 10 8.8 101% 22% 11.6 21.5 2.1 20% 1% 0% IRGZ
ОГК-1 0.03 132% buy 0.1 296% 0.03 28% 0% 8 6 3% -47.8% 1 171 10% 0.1%   0.9 1.1 11% -23% 9.9 9.2 -4% 7% 4.5 14.4 1 25% 2% 0% OGKA
ОГК-2 0.03 259% buy 0.17 433% 0.05 67% -3% 10 6 3% -28.4% 1 044 19% 0.1% 0.2% 0.9 0.9 20% 0% 60 8.7 -63% 636%   17.9 0.8 24% 0% 0% OGKB
ОГК-3 0.05 327% buy 0.17 217% 0.05 0% 1% 7 -4   -28.6% 2 516 9% 0.1% 0.4% 0.3 0.4 15% -1% 3 3.4 36% 20% 10.8 15.6 0.7 -78% 0% 0% OGKC
ОГК-4 0.05 323% buy 0.12 127% 0.07 28% 13% 7 4   -11.4% 3 437 2% 0.0% 0.5% 1.8 2 21% 7% 15 10 48% 70% 16.3 13.6 1.2 -20% 0% 0% OGKD
ОГК-5 0.08 131% buy 0.15 82% 0.08 -2% 0% 11 -3   -18.3% 2 910 14% 0.3%   2.1 2.4 28% -5% 17 14 38% 37% 51.5 33.1 1.3 18% 0% 0% OGKE
ОГК-6 0.03 188% buy 0.17 550% 0.03 11% 9% 7 0   -27.7% 849 6% 0.0%   0.5 0.7 20% -5% 9.1 4.5 -55% 165%   6.3 0.4 15% 2% 1% OGKF
Мосэнерго 0.1 221% hold 0.21 101% 0.12 16% 4% 9 7   +8.0% 4 109 5% 0.1% 0.6% 1.5 1.3 21% 13% 17 7.5 19% 115% 57.7 17.6 0.6 13% 0% 0% MSNG
ТГК-1 Петербург 0 349% buy 0 169% 0 34% 6% 6 8   -16.6% 2 004 30% 0.4%   1.8 1.9 19% 6% 16 10 86% 79% 55.0 18.4 0.9 18% 0% 0% TGKA
ГМК Норникель 142 112% buy 304 114% 156 10% 7% 12 6 3% -22.7% 27 109 20% 3.3% 4.2% 2.6 2.5 -21% -9% 6.3 6 -45% -11%   5.1 1.9 -0% 5% 0% GMKN
Полюс Золото 58.1 125% buy 55 -5% 50.1 -14% 1% 8 6   +77.4% 11 076 35% 2.4% 2.6% 11 10 22% 11% 29 21 115% 33% 99.0 32.2 3.5 -6% 0% 0% PLZL
Полиметалл 9.88 126% hold   10.3 4% 0% 11 5   +48.6% 3 112 25% 0.5% 0.6%         PMTL
ВСМПО 71.8 126% buy 350 388% 109 52% 0% 1     -46.3% 827 25% 0.1% 0.2% 0.6 0.4 41% 8% 1.8 1.3 45% 10% 2.7 2.5 0.5 -15% 3% 0% VSMO
ММК 0.82 322% buy 1.41 72% 0.85 4% 6% 17 5   -12.6% 9 175 15% 0.8% 0.4% 1.1 1.7 25% -38% 5.2 6.2 -10% -15% 9.9 19.0 0.9 4% 4% 8% MAGN
НЛМК 3 193% buy 6.24 108% 2.82 -6% 4% 17 4   -19.6% 17 951 15% 1.7% 0.7% 1.9 2.6 47% -28% 4.8 14 30% -66% 9.1 41.7 2.0 6% 3% 2% NLMK
Северсталь 8.23 187% buy 27 228% 7.81 -5% -1% 16 -2 4% -50.0% 8 295 15% 0.8% 1.0% 0.7 1 43% -26% 3 16 42% -81% 4.7 1.1 69% 8% 13% CHMF
СГ Мечел 16.6 315% hold   19.8 20% 8% 17 1   -28.8% 6 910 15% 0.6% 0.8% 1.5 2.1 45% -31% 4.8 14 74% -65% 7.0 99.0 1.7 81% 6% 1% MTLR
Трубная МК 4.42 342% buy 9.25 109% 5.31 20% 10% 9 3   -29.1% 3 862 23% 0.5%   1.4 1.4 32% 3% 8.1 7 7% 17% 22.6 14.4 1.8 83% 4% 1% TRMK
Распадская 4.54 343% buy 10.3 127% 4.97 9% 6% 15 7   -25.0% 3 545 20% 0.4% 0.6% 3.6 7.4 49% -51% 5.3 15 59% -63% 7.8 38.4 2.8 5% 4% 1% RASP
АвтоВАЗ 0.57 132% buy 1.67 191% 0.53 -7% -1% 3 0 2% -30.3% 797 10% 0.0% 0.1% 0.2 0.2 2% 11% 1.9 2.6 -0% 9%   99.0 0.4 113% 2% 0% AVAZ
ГАЗ 24.5 167% buy 252 929% 27.2 11% 0% 2 5   -77.6% 454 20% 0.1%   0.2 0.2 24% 19% 2 1.4 18% 26% 1.6 1.2 0.4 147% 8% 0% GAZA
КамАЗ 2.41 216% buy 5.72 138% 1.78 -26% 4% 4 -10   -32.5% 1 702 15% 0.2%   0.5 0.5 1% -5% 4.8 5 -14% -13% 8.5 10.1 1.1 -0% 0% 0% KMAZ
Соллерс 16 283% buy 78 388% 19.9 24% 0% 7 6 2% -62.5% 548 35% 0.1% 0.1% 0.7 0.6 25% 9% 7.8 6.2 -12% 27%   5.2 1.2 173% 6% 3% SVAV
Иркут НПК 0.3 154% buy 1.09 268%             -42.8% 290 35% 0.1%   0.9 0.8 20% 20% 6.6 5.4 50% 36% 7.9 4.0 0.6 279% 1% 0% IRKT
Аэрофлот 1.61 72% buy 5 211% 2.06 28% 7% 6 7   -43.9% 1 785 19% 0.2% 0.3% 0.7 0.8 18% -6% 6.9 5.7 -33% 23% 56.0 32.7 1.8 67% 3% 0% AFLT
Ютэйр 0.33 299% buy 0.95 185% 0.52 55% 0% 2     -34.4% 192 23% 0.0%   0.6 0.5 51% 20% 13 7.4 -6% 68% 73.1 7.0 2 264% 2% 0% TMAT
Дальневост. МП 0.35 53% hold   0.41 16% 12% 1     -62.8% 1 044 15% 0.1%   1.3 1.2 27% 20% 5.3 5 11% 17% 14.0 10.4 0.6 36% 0% 0% FESH
Новоросс. МТП 0.15 26% hold     0.2 29% -3% 7 7   +19.0% 2 956 10% 0.2% 0.7% 6 3.8 31% 43% 11 5.4 82% 87% 37.9 9.8 3.3 4% 0% 1% NMTP
МТС 7.81 106% buy 18.1 132% 10.1 30% 3% 12 8   -25.6% 15 562 10% 1.0% 0.6% 2 1.9 21% 5% 4 4.1 18% -2% 9.4 9.1 3 14% 7% 9% MTSS
Система АФК 0.77 405% buy! 2.6 239% 1.16 51% 9% 6 5 4% -25.8% 7 406 5% 0.2% 0.3% 1.3 1.2 21% 16% 3.8 3.4 8% 20% 99.0 7.6 1.1 158% 1% 0% AFKS
РБК 1.75 228% hold 10.5 501%       -73.3% 245 35% 0.1%   2.4 3.3 12% -26% 25 26 -19%   3.6 81% 0% 0% RBCI
Ростелеком 6.52 -26% sell 4.5 -31% 3.28 -50% 0% 4 -3   -42.0% 4 753 10% 0.3% 0.2% 2 2 3% 2% 9.7 11 31% -15% 12.6 49.6 2.5 -12% 1% 1% RTKM
Ростелеком прив. 2.32 364% buy 3.5 51%     2% +88.9% 563 100% 0.3%       36%   6% 4% RTKMP
УСИ 0.03 161% buy 0.08 217% 0.02 -8% 0% 7 -1 2% -15.9% 842 35% 0.2% 0.2% 1.4 1.3 4% 1% 3.9 3.3 11% 15% 11.3 7.8 1.1 87% 3% 2% URSI
УСИ прив. 0.02 213% buy 0.06 200%       -9.1% 153 100% 0.1%       75%   8% 6% URSIP
ВолгаТелеком 2.45 348% buy 7.08 189% 3.26 33% 0% 7 7 2% -4.9% 602 40% 0.1% 0.1% 1.2 1 7% 3% 3 2.6 8% 10% 7.4 5.7 0.7 60% 3% 3% NNSI
ВолгаТелеком пр. 1.78 273% buy 5.03 182%         +2.0% 146 100% 0.1%       73%   8% 7% NNSIP
Сибирьтелеком 0.04 222% buy 0.14 291% 0.05 29% 0% 7 3   -39.4% 421 40% 0.1% 0.1% 1 1 7% 2% 2.9 2.7 7% 4% 9.9 7.7 0.7 144% 4% 3% ENCO
Сибирьтелеком пр. 0.03 252% buy 0.1 258%         -26.9% 106 100% 0.1%       77%   8% 7% ENCOP
СЗТ 0.47 126% buy 1.65 249% 0.61 30% 0% 9 2   -39.7% 417 40% 0.1% 0.1% 1.2 1.1 4% 4% 2.9 2.5 12% 9% 5.7 6.0 0.5 91% 5% 4% SPTL
СЗТ прив. 0.37 108% buy 1.26 242%         -33.5% 92 100% 0.1%       78%   38% 12% SPTLP
Центртелеком 0.5 308% buy 1.08 118% 0.36 -27% 0% 8 0   +22.0% 783 35% 0.2% 0.2% 1.5 1.3 4% 7% 3.7 2.8 16% 24% 6.9 5.2 1.1 72% 2% 2% ESMO
Дальсвязь 3.28 477% buy 6.98 113% 3.25 -1% -7% 6 3   +32.7% 314 40% 0.1%   1.1 0.9 7% 11% 3.1 2.7 9% 9% 5.4 4.5 1 49% 1% 2% ESPK
ЮТК 0.07 237% buy 0.21 177% 0.07 -0% 0% 7 -3   -13.9% 220 40% 0.1%   1.4 1.3 5% 5% 3.9 3.4 8% 12%   3.8 0.8 262% 4% 1% KUBN
7 континент 8.74 37% buy 30.1 245% 7.52 -14% -3% 5 -6   -66.7% 655 25% 0.1%   0.6 0.6 26% 8% 6.2 5.6 14% 11% 11.4 10.4 1 39% 0% 0% SCON
Магнит 61.3 281% buy 55.8 -9% 64.3 5% -1% 16 5   +53.3% 5 101 20% 0.6% 1.0% 1.2 0.9 41% 30% 16 10 79% 56% 31.6 18.4 4.6 8% 0% 0% MGNT
ДИКСИ Групп 7.7 335% buy 22.6 193% 8.18 6% 3% 14 8   -29.5% 662 42% 0.2%   0.6 0.5 32% 10% 10 8.5 34% 26%   20.7 2.8 46% 0% 0% DIXY
Аптеки 36и6 11.4 438% buy 80 604% 8.7 -23% 0% 1   2% -51.6% 108 30% 0.0%   0.4 0.5 19% 9% 59 12 #### 464%   16 307% 0% 0% APTK
Верофарм 29.3 201% hold 61.9 111% 40.2 37% 12% 4 7   -35.7% 293 41% 0.1%   2.1 1.8 20% 15% 7.1 6.1 20% 14% 9.2 8.7 1.7 7% 0% 0% VRPH
Фармстандарт 60.2 225% buy 85.2 42% 63.6 6% -2% 13 5   -6.0% 2 274 10% 0.1% 0.3% 4.7 4.1 26% 10% 11 9.8 20% 7% 18.7 15.1 3.9 -1% 0% 0% PHST
Балтика 26.7 104% hold 59 121% 44.8 68% 23% 1     -24.2% 4 315 10% 0.3%   1.5 1.3 17% 18% 5.2 4.7 13% 12% 8.7 7.5 2.4 5% 7% 11% PKBA
Вимм-Билль-Данн 42.9 221% buy 106 147% 48.6 13% 1% 10 3 2% +1.4% 1 889 10% 0.1% 0.1% 0.9 0.9 12% 4% 7.3 6.1 17% 18% 21.6 12.8 2.4 18% 0% 0% WBDF
Группа Разгуляй 1.84 94% buy 9.9 438% 1.5 -18% 0% 1   2% -66.5% 291 20% 0.0%   0.9 0.8 17% 20% 14 7.4 -32% 106%   0.6 332% 0% 0% GRAZ
Группа ПИК 4.2 340% buy   3.52 -16% 0% 3 5   -77.0% 2 073 16% 0.2%   2.7 -0 -40% 166% 30 -1 -87% 577%   5.5 1.9 -119% 0% 0% PIKK
Система-Галс 31.9 301% buy 260 715% 43.2 35% -0% 3 7 2% -50.9% 358 20% 0.0%   5.7 5.1 -17% 57% -20 12 #### ####   3.3 1.3 594% 0% 0% HALS
Концерн Калина 15.7 171% buy 51.6 228% 18.4 17% -0% 3 3   -31.6% 153 40% 0.0%   0.7 0.6 19% 5% 5.9 5.4 2% 10% 19.1 9.7 1 81% 4% 2% KLNA
Сбербанк 2.47 218% buy 4.64 88% 3.04 23% 5% 16 7 8% +2.2% 53 213 35% 11.5% 16.6% 5.7 4.5 46% 28% 10 7 82% 50% 16.3 59.3 2.1 34% 1% 1% SBER
Сбербанк прив. 1.84 496% buy 3.25 76% 1.47 -20% -6% 5 2   +35.7% 1 844 100% 1.1% 1.4%     75%   1% 1% SBERP
ВТБ 0 92% buy 0.01 158% 0 -1% 7% 14 -3 7% -22.1% 22 872 20% 2.8% 2.3% 6.8 5.2 62% 31% 13 8.6 90% 50% 99.0 1.2 0% 2% 1% VTBR
Банк Москвы 25 4% hold   21.9 -13% 12% 2 -10   -40.1% 3 253 20% 0.4%           mmbm
Банк Возрождение 40.9 347% hold 63.8 56% 49.5 21% -3% 11 7   +0.5% 971 36% 0.2%   2.6 2.4 47% 11% 5.5 4.7 89% 15% 9.1 6.4 1.5 0% 0% 0% VZRZ
ИТОГО / Медиана 197% buy!   176%   15% 0%     100% -25.4% 690 377 24% 162 257 99.4% 1.4 1.3 24% 6% 6.2 6.1 18% 15% 9.9 10.1 1.1 18% 2% 1%  
ИНДЕКС РТС 1444 128% buy! 2852 98% 1745 21% 5% портфель -16.3% -9.2% 659 323 28% 186 000 100% 2.9 2.7 32% 2% 7.5 6.6 42% 13% 19.4 21.1 1.6 14% 2% 2% RTS
Примечания:                               Free Float FF% - доля акций в свободном обращении, т.е. у миноритарных акционеров  
Рек-ия, цель Рекомендация ФГ Ермак (май 2008) и целевая цена на 12 мес. (красн.-понижена, зел.-повышена)     EV/Sales Отношение стоимости компании (EV=Капитализация+Чистый долг) к выручке Sales
Консенсус $ Cредняя целевая цена / индекс РТС аналитиков ведущих инвестиционных компаний и банков     EV/EBITDA Отношение EV к EBITDA (операционная прибыль+амортизация), EBITDA +/- - рост
Изм.с 31.10 Изменение консенсуса после указанной даты. Кол-во - количество рекомендаций по акции     P/E и P/BV Цена акции к годовой чистой прибыли (E) и собств.капиталу (BV) на акцию  
Buy Sell Индекс средней рекомендации по акции (+10 - все рекомендуют покупать; -10 - продавать)     ND/MC Соотношение чистого долга компании (Net Debt) и капитализации её акций (MС)
Портфель, рост Структура модельного портфеля акций (на 03.09.2008г.) и его рост впоследствии.       Дивиденд Дивидендная доходность акции (всего начислено за год к цене акции)    
ОТРАСЛЕВЫЕ СРЕДНИЕ (МЕДИАНЫ) МОДЕЛЬНЫЙ ПОРТФЕЛЬ ОТРАСЛЕВЫЕ СРЕДНИЕ (МЕДИАНЫ) 20.11.2009
НЕФТЬ И ГАЗ   152%     66%   34% 0%   5 47% -10.9% 384 061 -4.6% 59.9% 52.4% 1.3 1.4 30% -4% 3.8 4.2 26% 2% 6.3 8.9 1.1 5% 3% 3% Oil&Gas
ХИМИЯ   194%     76%   0% 1%   5 0%   17 665 -1.6% 1.9% 3.6% 4.4 5.8 113% -25% 6 9.1 242% -34% 10.5 15.3 5.1 10% 5% 3% Chem.
ЭЛЕКТРОЭНЕРГЕТИКА 219%     149%   17% 4%   5 9% -24.4% 54 071 -1.2% 5.1% 7.6% 1.7   20%   11   27%   28.0   0.8 17% 0% 0% Utilities
МЕТАЛЛУРГИЯ   190%     111%   7% 5%   5 7% -38.3% 91 863 +0.2% 11.2% 11.0% 1.5 2.1 41% -26% 5.2 14 42% -15% 8.4 25.6 1.8 5% 4% 1% Metal
МАШИНОСТРОЕНИЕ 167%     268%   2% 0%   3 4% -46.4% 3 790 -0.1% 0.4% 0.3% 0.5 0.5 20% 11% 4.8 5 -0% 26% 7.9 5.2 0.6 147% 2% 0% Mach.
ТРАНСПОРТ   63%     198%   29% 3%   7 0%   5 977 +0.0% 0.5% 1.0% 1 1 29% 20% 9 5.5 3% 46% 47.0 10.1 1.9 52% 1% 0% Transp.
ТЕЛЕКОММУНИКАЦИИ 233%     195%   14% 0%   3 10% +3.3% 32 624 -0.4% 3.0% 1.9% 1.4 1.3 7% 4% 3.8 3.3 9% 10% 9.4 6.8 0.8 81% 4% 3% Telcos
ПОТРЕБИТ.СЕКТОР 223%     193%   6% 0%   5 8% -41.9% 18 173 +0.5% 1.8% 1.4% 1.1 0.9 19% 12% 8.9 6.7 14% 16% 18.7 10.1 2.1 28% 0% 0% COGS
БАНКИ   218%     82%   -1% 5%   2 15% -9.1% 82 153 +0.4% 16.1% 20.3% 5.7 4.5 47% 28% 10 7 89% 50% 16.3 32.8 1.3 0% 1% 1% Banks
© Финансовая Группа "Ермак", 2008