The paper contains the first translation of the oldest dated inscription from Central Java from Sanskrit into Russian. This inscription was found near the village of Canggal and is dated from 732 C.E. It was issued by the king Sanjaya. New Russian translation differs from earlier versions by Kern, Chatterji, and Sarkar, in some points. The main difference is that the inscription seems not to mention the Hindu gods Brahma and Vishnu. The Canggal inscription shows the significance of warfare for the state formation as Sanjaya and his predecessor Sanna were the victors of many neighbouring kings. The common view on Sanjaya as the founder of the dynasty of Mataram appears to be unconvincing. In fact, he was considered by the rulers of the early tenth century as no more than a protector of the kingdom of Mataram.