Gazprom’s net profit under IFRS for the first half rose to 1.8 times
December 30, 2008 – 9:45 pmNet profit of Russian gas transport monopoly OAO Gazprom on International Financial Reporting Standards (IFRS) for the first half of 2008 grew to 1.8 times to 609.35 million rubles against 330.05 million rubles for the same period last year . Revenues from sales net of excise tax, value added VAT and customs payments increased by 52.4% to 1743 trillion. rubles from 1.144 trillion.
Net sales of gas increased by 44% compared to the same period of 2007, and amounted to 1089 trillion. rubles, which is mainly due to an increase in the volume of gas sold to foreign countries and rising prices for gas sales in all geographic segments. “This is stated in the announcement of the company.
” The most significant impact on the performance of the Reporting has dekonsolidatsiya at 30 Jun, 2008 Group Gazprombank “, – the message.
Operating expenses during the reporting period, compared with the same period in 2007 increased by 30% to 1, 03 trillion . Rubles.
Net debt fell by 32% in 1228 trillion. Rubles as of 31 December 2007 to 836,950 billion rubles as at 30 June 2008, mainly due to exclusion of the indicators consolidated financial statements beginning in June 2008 performance Gazprombank Group.
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