Gazprom Neft reports IFRS financial statements for FY 2013

JSC Gazprom Neft has published its consolidated financial results, in accordance with International Financial Reporting Standards for FY 2013.

The company’s net profit climbed by 0.9%, year-on-year, to RUB 177.8 bln; the revenue declined by 1% to RUB 1.504 trillion; adjusted EBITDA climbed by 4.2% to RUB 336.752 bln. Cash flow from operations increased by 11.7% to RUB 276.736 bln. 

Hydrocarbon production volumes in FY 2013 increased by 4.2% Y-o-Y to 457.42 mmboe (62.2 mmtoe). Refining throughput in FY 2013 reached 42.63 million tonnes(-1.6%).