Tatneft: 9 Month Financial Figures Released – Revenues and Profit are Up
The Company’s consolidated revenues in the nine months of 2012 were 471,504 million Rubles (US$ 15,161 million) as compared to 447,806 million Rubles (US$ 15,565 million) in the nine months of 2011. The consolidated net income attributable to Group shareholders in the nine months of 2012 was 60,665 million Rubles (US$ 1,951 million) as compared to 45,092 million Rubles (US$ 1,567 million) in the nine months of 2011.
Total consolidated assets of the Company increased from 627,823 million Rubles (US$ 19,500 million) as of December 31, 2011, to 653,771 million Rubles (US$ 21,144 million) as of September 30, 2012.
Total consolidated liabilities of the Company decreased from 224,412 million Rubles (US$ 6,970 million) as of December 31, 2011, to 201,236 million Rubles (US$ 6,508 million) as of September 30, 2012.
Total consolidated shareholders’ equity increased from 403,411 million Rubles (US$ 12,530 million) as of December 31, 2011, to 452,535 million Rubles (US$ 14,636 million) as of September 30, 2012.
