STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2011

STOCKHOLDERS' EQUITY

Summary of changes in stockholders' equity

	Total			CTC Media, Inc. stockholders			Noncontrolling interest
Stockholders' equity, December 31, 2009	$	663,824		$	662,774		$	1,050
Net Income		47,850			46,103			1,747
Other comprehensive income (loss)		(21,811	)		(21,830	)		19
Comprehensive income	$	26,039		$	24,273		$	1,766
Share capital		16			16			—
Additional paid-in capital		38,133			38,133			—
Dividends declared		(22,142	)		(20,157	)		(1,985	)
Stockholders' equity, June 30, 2010	$	705,870		$	705,039		$	831

	Total			CTC Media, Inc. stockholders			Noncontrolling interest
Stockholders' equity, December 31, 2010	$	794,641		$	793,024		$	1,617
Net Income		63,982			61,260			2,722
Other comprehensive income		67,989			67,707			282
Comprehensive income	$	131,971		$	128,967		$	3,004
Share capital		3			3			—
Additional paid-in capital		18,648			18,648			—
Acquisition of non-controlling interest		3,854			—			3,854
Dividends declared		(63,178	)		(59,714	)		(3,464	)
Stockholders' equity, June 30, 2011	$	885,939		$	880,928		$	5,011

Schedule of dividends declared and paid

During the first six months of 2011, the following dividends were declared and paid:

Declaration date	Per Share Dividend		Aggregate Dividend		Record Date		Payment Date
February 16, 2011	$	0.16	$	25,115		March 1, 2011		March 28 and 29, 2011
April 28, 2011	$	0.22	$	34,599		June 1, 2011		June 29, 2011