18. SHORT-TERM DEBT AND CURRENT PORTION OF LONG-TERM DEBT

As of December 31, 2013, December 31, 2012 and January 1, 2012 the Group has short-term loans and current portion of long-term debt outstanding as follows:

RUB millions

December 31, 2013

December 31, 2012

January 1, 2012

Bank loans

119

13,084

116

Other borrowings

17,706

17,083

17,075

Finance lease liabilities

1,257

Current portion of long-term debt

34,588

47,026

35,501

TOTAL SHORT-TERM DEBT AND CURRENT PART OF LONG-TERM DEBT

52,413

77,193

53,949

Current portion includes interest payable on long-term borrowings.

Notes in Consolidated Statements:

Consolidated Statement of Financial Position