Russia lost the following:
• Poland, Estonia, Latia, Lithuania, Ukraine, Georgia, Finland (all of these territories initially gained a form of independence under Germany)
• 1/3 of its agricultural land, 1/3 of its railways, 1/3 of the population of the Soviet Republic, 2/3 of the coal mines, 1/2 heavy industry, and nearly all available oil & cotton textile production
Lenin recognised how harsh these terms were - he hoped that when the war ended, Germany would be defeated & Russia could reclaim its land