8. SHORT-TERM FINANCIAL ASSETS

Short-term financial assets as of December 31, 2013, December 31, 2012 and as of January 1, 2012 comprise the following:

RUB millions

December 31, 2013

December 31, 2012

January 1, 2012

Deposits with original maturity more than 3 months less than 1 year

36,869

7,519

246

Short-term loans issued

18,991

6,832

11,084

Forward contracts – cash flow hedge

10

632

1,858

Financial assets held to maturity

906

2,323

TOTAL SHORT-TERM FINANCIAL ASSETS

55,870

15,889

15,511

Notes in Consolidated Statements:

Consolidated Statement of Financial Position