20. Other current investments

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31 December 2012
RUB million
31 December 2011
RUB million
Loans issued to associates, at amortised cost 664 944
Bank promissory notes 669
Loans issued to employees, at amortised cost 82
Loans issued to related parties, at amortised cost 57 441
Other loans issued, at amortised cost 30 69
833 2,123

Loans issued to associates represent a RUB-denominated loan issued in 2012 by OJSC “Apatit” to OJSC “Khibinskaya Teplovaya Kompaniya”, bearing interest of 9%. The loan was repaid in March 2013.