Mechel : Financial (Accounting) Statement of Mechel PAO for 2019 (form 1)

Balance Sheet

as of December 31, 2019

					Form under Russian Classifier of Forms of Uniform Documents
						Date (dd/mm/yyyy)
Company:	Mechel Public Joint Stock Company	erprises and Organizations
Taxpayer's ID:						INN
Line of business:		Investments into securities	oreign Economic Activities
Organizational legal form / form of ownership
Public company				/Joint private and foreign property	sifier of Forms of Property
Measurement unit:			in '000 RUB			ifier of Measurement Units

Location (address)

1, Krasnoarmeiskaya Street, Moscow 125167

Accounting statements are subject to statutory audit	V	YES		NO
Name of the audit company/last,first,middle name (if applicable)
of the individual auditor

ENERGY CONSULTING Joint Stock Company

axpayer's identification number of the audit company/
individual auditor	INN	7717149511
Primary state registration number	OGRN/
of the audit company /individual auditor	OGRNIP	1047717034640

Codes

0710001

31 12 2019

14582388

7703370008/997550001

64.99.1

1224734

384

Note	Asset		Code	As of December 31, 2019	As of December 31,	As of December 31,
Indicator		2018	2017
1	2		3	4	5	6
	I. NON-CURRENT ASSETS
1.1.	Intangibles			2 662	3 363	4 173
including:		1110
	rights to intellectual deliverables		1111	292	205	256
	computer software		1112	71	127	-
	other intangibles		1113	2 299	3 031	3 917
	company's goodwill		1114	-	-	-
	Research and development deliverables
1.4.	including:		1120	-	-	-
	R&D deliverables in use		1121	-	-	-
1.5	in-process R&D		1122	-	-	-
	Intangible development assets		1130	-	-	-
	Tangible development assets			-	-	-
	including:		1140
	costs related to the creation (acquisition) of tangible		-	-	-
	development assets
	Fixed assets
2.1.	including:		1150	485	876	750
	land plots and natural use facilities		1151	-	-	-
	buildings and structures		1152	-	-	-
	machinery and equipment		1153	283	454	73
	transportation vehicles		1154	-	-	-
	capital investments in progress,
2.2.	including:		1155	-	-	-
	construction in progress			-	-	-
	equipment to be installed			-	-	-
	purchase of fixed assets			-	-	-
	prepayments related to fixed assets purchase	and		-	-	-
	construction
2.1.	Investments into tangibles		1160	-	-	-
	Financial investments
3.1.	including:		1170	261 609 784	268 280 813	269 575 784
	contributions to share capitals of other companies		1171	34 040	34 040	36 313
	contributions to share capitals of subsidiaries		1172	261 575 744	259 350 981	261 764 776
	contributions to share capitals of affiliates		1173	-	-	-
	Long-term provided loans		1174	-	8 895 792	7 774 695
	other long-term financial investments		1175	-	-	-
	Deferred tax assets		1180	9 311 102	9 310 898	9 310 921
	Other non-current assets			65 845	103 546	140 775
	including:		1190
	Property transferred in daily management		1191	-	-	-
	Total byNon-Currener Section I		1100	270 989 878	277 699 496	279 032 403

Note	Asset	Code	As of December 31, 2019	As of December 31,	As of December 31,
	2018	2017
Indicator
1	2	3	4	5	6
	II. CURRENT ASSETS
	Reserves
4.1.	including:	1210	9	634	4 323
	raw materials, materials, other similar valuables	1211	9	10	12
	rearers and fatteners	1212	-	-	-
	costs in production in progress	1213	-	-	3 777
	finished goods and goods for resale	1214	-	-	-
	shipped goods	1215	-	-	-
	low-value capital goods	1216	-	-	-
	prepaid expenses to be written off later than in 12 months	1217	-	-	-
	prepaid expenses to be written off within 12 months	1218	-	624	534
	other reserves and expenses	1219	-	-	-
	Input VAT	1220	1	71	95
	Receivables
5.1.	including:	1230	7 996 092	2 275 740	1 463 207
	long-term receivables to be repaid later than in 12		108	1 435 911	798 887
5.1.	months, including:	1231
	trade receivables		-	-	-
	non-interest-bearing loans		-	-	-
	other receivables		108	1 435 911	798 887
	short-term receivables to be repaid within 12 months
	including:	1232	7 995 984	839 829	664 320
	trade receivables		109 032	131 494	182 723
	promissory notes receivables		-	-	-
	receivables from subsidiaries		7 716 039	638 812	282 211
	receivables from affiliates		-	-	-
	receivable contributions to the share capital from		-	-	-
	participants
	prepayments paid		129 783	19 480	46 934
	settlements with the budget		10 970	42 595	18
	non-interest-bearing loans		-	-	-
	other receivables		30 160	7 448	152 434
	Financial investments (except for cash equivalents)
3.1.	including:	1240	6 541 029	-	-
	short-term loans provided	1241	6 541 029	-	-
	other financial investments	1242	-	-	-
	Cash and cash equivalents
	including:	1250	289	273	2 144
	settlement accounts	1251	201	273	41
	currency accounts	1252	88	-	2 098
	L/Cs and other funds of limited use	1253	-	-	-
	cash	1254	-	-	5
	other cash	1255	-	-	-
	Other current assets, including:	1260	349 033	515 542	692 826
	accrued coupon yield on issued bonds		348 446	515 309	692 718
	other		587	233	108
	revenues under construction contract agreements, which		-	-	-
	were not submitted for payment	1261
	Total under Section II	1200	14 886 453	2 792 260	2 162 595
	BALANCE SHEET TOTAL	1600	285 876 331	280 491 756	281 194 998

Note	Liabilities		Code	As of December 31, 2019		As of December 31,	As of December 31,
Indicator			2018	2017
1		2			3		4		5	6
		III. EQUITY AND PROVISIONS
		Treasury shares			1310		5 550 277		5 550 277	5 550 277
		Treasury shares			1320		-		-	-
		Revaluation of non-current assets	1340		-		-	-
		Share premium (w/o revaluation)			1350		6 023 340		6 023 340	6 023 340
		Surplus:
		including:			1360		277 514		277 514	277 514
		statutory provisions			1361		-		-	-
		provisions created according to constituent documents	1362		277 514		277 514	277 514
		Retained profit (uncovered loss)
		including:			1370	(	2 240 710)	(	1 705 205)	10 900 923
		losses of previous years			1371	(	10 294 407)	(	10 294 438)	-
		profit of previous years						6 062 470		8 589 233	10 900 923
		profit in the accounting period	1372		1 991 227		-	-
		Total under Section III			1300		9 610 421		10 145 926	22 752 054
		IV. LONG-TERM LIABILITIES
		Borrowings
		including:			1410		219 290 221		260 648 190	233 185 588
		long-term credits			1411		21 100 292		36 720 237	41 655 522
		long-term loans, including			1412		198 189 929		223 927 953	191 530 066
		bonded loans						9 039 788		14 398 628	21 009 889
		Deferred tax liabilities			1420		95 362		133 708	173 752
6.		Contingencies			1430		-		-	-
		Other liabilities, including:			1450		-		-	343 502
		settlements for purchased shares				-		-	343 502
		Total under Section IV			1400		219 385 583		260 781 898	233 702 842
		V. SHORT-TERM LIABILITIES
		Borrowings:
		including:			1510		56 124 592		8 035 979	18 228 694
		short-term credits			1511		10 888 170		223 748	315 151
		short-term loans, including			1512		45 236 422		7 812 231	17 913 543
		bonded loans						5 707 314		6 611 261	5 776 314
		Payables:
5.3.	including:			1520		687 749		1 462 891	6 446 225
		payables to suppliers and conractors	1521		121 940		125 571	142 137
		promissory notes payable			1522		-		-	-
		payables to subsidiaries			1523		175 186		735 553	1 487 967
		payables to affiliates			1524		-		-	-
		payables to corporate personnel	1525		20 583		17 602	13 019
		payables to state off-budget funds	1526		47 906		14 011	14 436
		taxes and charges payable			1527		314 454		147 748	482 516
		prepayments received			1528		13		45	13
		sundry payables, including:			1529		7 667		422 360	4 306 137
		settlements for purchased shares				-		381 234	4 009 886
		other						7 667		41 126	296 251
		Deferred income:
		including:			1530		-		-	-
		target financing			1531		-		-	-
		Contingencies			1540		67 986		64 992	62 668
		Other liabilities			1550				70	2 515
		Total under Section V			1500		56 880 327		9 563 932	24 740 102
		BALANCE SHEET TOTAL	1700		285 876 331		280 491 756	281 194 998
			Oleg Victorovich							Volkova Alla
	CEO		Korzhov			Head of				Alexandrovna
		(signature)	(print name)		Financial and HR Department		(signature)	(print name)
						of Mechel Business Service OOO

POA No. 005М-20 dd. February 14, 2020

March 18, 2020