Bashneft’s net income under IFRS for the first quarter of 2013 totals 11.992 billion roubles
Today, Bashneft Group, which comprises JSOC Bashneft, its subsidiaries and affiliates, released its unaudited consolidated financial statements for the first quarter of 2013 prepared in accordance with International Financial Reporting Standards (IFRS) In the first quarter of 2013, the Group’s revenue from sales increased by 5.8% year-on-year and totalled 125,580 …
Gazprom Neft publishes unaudited IFRS financial results for FY2012
Gazprom Neft has published its unaudited consolidated financial results in accordance with International Financial Reporting Standards (IFRS) for FY2012. Crude oil and petroleum product prices and a rise in production and refining volumes, together with an increase in the share of sales through premium channels, helped boost revenue by 19.5% …
Gazprom Neft reports unaudited IFRS financial statements for 9m 2012
JSC Gazprom Neft has published its unaudited consolidated financial results in accordance with International Financial Reporting Standards (IFRS) for Q3 2012 and 9m 2012. The Company’s performance improved substantially in 9m 2012 compared to 9m 2011 due to increases in hydrocarbon production and refining volumes, and a higher share of …
Gazprom reports its financial results under IFRS for six months ended June 30, 2012
Today OAO Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the six months ended June 30, 2012. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS for the six months ended …
Gazprom reports its 2011 financial results under IFRS
On April 27, 2012 OAO Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2011. Sales (net of VAT and customs duties) increased by RUB 1,040,036 million, or 29%, to RUB 4,637,090 million in the year ended December 31, 2011 compared to the year ended December 31, 2010. More …
Rosneft Switching to IFRS Financial Reporting
Rosneft is to begin preparing its consolidated financial reporting in accordance with International Financial Reporting Standards (IFRS) starting from the first quarter of 2012. The Company previously compiled its financial reporting in accordance with US GAAP. Rosneft is switching to IFRS to meet the requirements of the federal law On …