5. CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS; RECEIVABLE FROM UTH AND OTHER NON-CURRENT ASSETS

The Company's cash and cash equivalents and short-term investments comprise bank accounts and term deposits. Deposits with an original maturity ranging from 91 to 365 days are classified as short-term investments. Below are breakdowns of cash and cash equivalents and short-term investments:

	December 31,
	2014		2015
Cash and cash equivalents:
Russian ruble bank accounts	$	1,065	$	97
US dollar bank accounts		5,061		209,690
Other		10		—

Total cash and cash equivalents	$	6,136	$	209,787


Short-term investments:
Ruble-denominated deposits	$	—	$	—
U.S. dollar-denominated deposits	$	26,000	$	—

Total short-term investments	$	26,000	$	—

Receivable from UTH—As discussed in Note 1, on December 23, 2015, the Company closed the sale of 75% of the outstanding participation interests in its subsidiary CTC Investments to UTH. CTC Media, Inc. received $150.5 million in cash at closing. An additional $50 million was held back and was subject to adjustment based on the performance of the business during the second half of 2015 and agreed indemnity obligations. Based on the final price determination, additional cash consideration of $42.5 million was received on February 12, 2016. This amount was classified as a receivable from sale of CTC Investments as of December 31, 2015.

Other non-current assets—On March 14, 2014, the Office of Foreign Assets Control of the U.S. Department of Treasury ("OFAC") designated Bank Rossiya as a Specially Designated National and Blocked Person ("SDN") for the purposes of U.S. economic sanctions. As of that date, Bank Rossiya directly or indirectly owned more than 50% of Telcrest Investments Limited ("Telcrest") and Telcrest was accordingly also considered an SDN for the purposes of U.S. sanctions at such time. As a result, the shares of the Company's common stock, among other property, held by Telcrest that were in the possession or control of the Company or Computershare, the Company's transfer agent, were reported to OFAC as blocked property pursuant to applicable sanctions requirements. The Company declared dividends to Telcrest in 2015 and prior years, which cumulatively equalled $27.7 million and $34.6 million at December 31, 2014 and 2015, respectively, which were blocked pursuant to the U.S. sanctions described above and paid into a separate interest-bearing bank account for the benefit of Telcrest, but to which Telcrest will not have access until such time as OFAC authorizes their unblocking. These funds are classified by the Company as other non-current assets at December 31, 2014 and 2015.