- Profile
- Address to shareholders
- Key events
- Company overview
- Company's securities
- Corporate governance report
- OAO TMK board of directors’ statement of compliance with the corporate governance principles
- OAO TMK’S corporate governance structure
- Rights and equitable treatment of shareholders
- Board of Directors
- Committees of the Board of Directors’
- Assessment of the board’s performance
- Executive management
- Information policy and disclosure
- Risk management and internal control
- Report on compliance with the principles and recommendations set out in the corporate governance code
- Corporate citizenship
- MD&A
- Financial statements
- Independent auditors’ report
- Consolidated Income Statement
- Consolidated Statement of Comprehensive Income
- Consolidated Statement of Financial Position
- Consolidated Statement of Changes in Equity
- Consolidated Statement of Cash Flows
- Notes to the Consolidated Financial Statements
- Corporate Information
- Basis of Preparation of the Financial Statements
- Significant Estimates and Assumptions
- Changes in Accounting Policies
- Significant Accounting Policies
- Basis of Consolidation
- Business Combination and Goodwill
- Cash and Cash Equivalents
- Financial Assets
- Inventories
- Property, Plant and Equipment
- Intangible Assets (Other than Goodwill)
- Impairment of Non-Financial Assets (Other than Goodwill)
- Borrowings
- Leases
- Provisions
- Employee Benefits Liability
- Government Grants
- Deferred Income Tax
- Equity
- Revenue Recognition
- Notes to the Consolidated Financial Statements
- Segment Information
- Cost of Sales
- Selling and Distribution Expenses
- Advertising and Promotion Expenses
- General and Administrative Expenses
- Research and Development Expenses
- Other Operating Expenses
- Other Operating Income
- Income Tax
- Earnings per Share
- Acquisition and Disposal of Subsidiaries
- Investments in Associates
- Cash and Cash Equivalents
- Trade and Other Receivables
- Inventories
- Prepayments and Input VAT
- Property, Plant and Equipment
- Goodwill and Other Intangible Assets
- Other Non-Current Assets
- Trade and Other Payables
- Provisions and Accruals
- Interest-Bearing Loans and Borrowings
- Convertible Bonds
- Finance Lease Liability
- Employee Benefits Liability
- Other Non-Current Liabilities
- Interests in Subsidiaries
- Related Parties Disclosures
- Contingencies and Commitments
- Equity
- Financial Risk Management Objectives and Policies
- Subsequent events
Annual Report 2014
Research and Development Expenses
Research and development expenses for the year ended December 31 were as follows:
| 2014 г. | 2013 г. | |
| Staff costs including social security | 6 600 | 6 360 |
| Depreciation and amortisation | 4 308 | 216 |
| Professional fees and services | 2 046 | 2 758 |
| Travel | 1 044 | 1 340 |
| Consumables | 508 | 609 |
| Utilities and maintenance | 355 | 478 |
| Other | 353 | 972 |
| 15 214 | 12 733 |