The consolidated IFRS financial statements include the assets, liabilities and financial results of the Company and its subsidiaries. The subsidiaries are listed below:
| Ownership interest | ||||||||||
|
Subsidiary |
Main activity |
As of December 31, 2016 |
As of December 31, 2017 |
|||||||
|
JSC QIWI (Russia) |
Operation of electronic payment kiosks | 100 | % | 100 | % | |||||
|
QIWI Bank JSC (Russia) |
Maintenance of electronic payment systems, money transfer, consumer and SME financial services | 100 | % | 100 | % | |||||
|
QIWI Payments Services Provider Ltd (UAE) |
Operation of on-line payments | 100 | % | 100 | % | |||||
|
QIWI International Payment System LLC (USA) |
Operation of electronic payment kiosks | 100 | % | 100 | % | |||||
|
Qiwi Kazakhstan LP (Kazakhstan) |
Operation of electronic payment kiosks | 100 | % | 100 | % | |||||
|
JLLC OSMP BEL (Belarus) |
Operation of electronic payment kiosks | 51 | % | 51 | % | |||||
|
QIWI – M S.R.L. (Moldova) |
Operation of electronic payment kiosks | 51 | % | 51 | % | |||||
|
QIWI ROMANIA SRL |
Operation of electronic payment kiosks | 100 | % | 100 | % | |||||
|
QIWI WALLET EUROPE SIA (Latvia) (Note 7.2) |
Operation of on-line payments | 100 | % | 100 | % | |||||
|
QIWI Retail LLC (Russia) |
Sublease of space for electronic payment kiosks | 100 | % | 100 | % | |||||
|
QIWI Management Services FZ-LLC (UAE) |
Management services | 100 | % | 100 | % | |||||
|
CIHRUS LLC (Russia) 1 |
Management services | 100 | % | — | ||||||
|
Attenium LLC (Russia) |
Management services | 100 | % | 100 | % | |||||
|
Rapida LTD (Russia) 2 |
Operation of payment processing and money transfer settlement systems | 100 | % | — | ||||||
|
Postomatnye Tekhnologii LLC (Russia) |
Logistic | 100 | % | 100 | % | |||||
|
Future Pay LLC (Russia) |
Operation of on-line payments | 100 | % | 100 | % | |||||
|
Qiwi Blockchain Technologies LLC (Russia) |
Software development | 100 | % | 100 | % | |||||
|
QIWI Shtrikh LLC (Russia) 3 |
On-line cashbox production | — | 51 | % | ||||||
|
QIWI Platform LLC (Russia) 4 |
Software development | — | 100 | % | ||||||
|
QIWI Processing LLC (Russia) 3 |
Software development | — | 100 | % | ||||||
|
Joint ventures (Note 6, Note 21) |
||||||||||
|
Flocktory Ltd (Cyprus) |
Holding company | — | 82 | % | ||||||
|
Flocktory Spain S.L. (Spain) |
SaaS platform for customer lifecycle management and personalization | — | 82 | % | ||||||
|
FreeAtLast LLC (Russia) |
SaaS platform for customer lifecycle management and personalization | — | 82 | % | ||||||
| 1 | The entity was reorganized in the form of accession to JSC QIWI in 2017 |
| 2 | The entity was reorganized in the form of accession to QIWI Bank JSC in 2017 |
| 3 | The entities were incorporated in 2017 |
| 4 | The entity with negligible net assets was acquired for insignificant consideration in 2017 |