28. FINANCE EXPENSE

Finance expense for the years ended December 31, 2013 and 2012 comprise of the following:

RUB millions

Year ended December 31, 2013

Year ended December 31, 2012

Interest expense

12,047

11,219

Decommissioning provision: unwinding of the present value discount

1,396

1,444

Less: capitalized interest

(2,210)

(1,574)

TOTAL FINANCE EXPENSE

11,233

11,089

Notes in Consolidated Statements:

Consolidated Statement of Cash Flows
Consolidated Statement of Profit and Loss and Other Comprehensive Income