18. Other non-current assets

08
RUB million 2011 2010
Advances issued for construction of property,
plant and equipment, at cost
1,976 3,766
Advance for construction of residential property, at cost —  2,278
Financial assets available for sale at cost 748 720
Finance lease receivable 315 290
Loans issued at amortised cost 181 27
Financial assets available-for-sale at fair value 64 66
Loans issued to associates at amortised cost 11 — 
Other non-current assets 261 — 
3,556 7,147

In June 2011 the advance for construction of residential property, at cost, was assigned to a related party and settled until the year end.The summarized result of operations of the associates for the year ended 31 December 2011 is as follows:


Notes to the Consolidated Financial Statements

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