29 Nov 2013 13:15
Tatneft published its IFRS consolidated interim condensed financial statements for the three and nine months ended 30 September 2013
29 November 2013
OAO Tatneft (the "Company") has published on its web-site (http://www.tatneft.ru/?lang=en) the unaudited consolidated interim condensed financial statements for the three and nine months ended 30 September 2013 prepared in accordance with International Financial Reporting Standards ("IFRS") (the "Financial Statements") and related Management Discussion and Analysis of Results of Operations (the "MD&A").
Selected financial highlights below are based on the respective IFRS financial statements of the Company. These highlights do not replace the Financial Statements or the MD&A and all interested persons are encouraged to read these documents for full understanding of the IFRS results for the three and nine months ended 30 September 2013.
Key financial highlights
| For the three months ended 30 September: | For the nine months ended 30 September: | |||||
2013 | 2012 | Change, % | 2013 | 2012 | Change, % | ||
Sales and other operating revenues, net (RR million) | 123 389 | 127 247 | -3% | 334 639 | 334 390 | 0.1% | |
Profit attributable to Group shareholders (RR million) | 23 232 | 27 119 | -14% | 55 141 | 59 022 | -7% | |
EBITDA* (RR million) | 37 960 | 39 949 | -5% | 92 948 | 95 631 | -3% | |
* Information on EBITDA calculation is set out in the MD&A.
As at 30 September 2013 | As at 31 December 2012 | Change, % | |
Total consolidated assets (RR million) | 659 633 | 630 607 | 5% |
Total consolidated liabilities (RR million) | 173 607 | 184 374 | -6% |
Total consolidated shareholders' equity (RR million) | 486 026 | 446 233 | 9% |
The Company's representatives will discuss the IFRS financial highlights for the three and nine months ended 30 September 2013 on a conference call on 2 December 2013 at 15:00 Moscow time, 11:00 GMT, 06:00 EST.
To participate in the conference call, please dial the any of the following numbers** using Conference ID 18942863:
United Kingdom: +44 1452 58 9328 (standard UK and international);
United Kingdom: 0800 694 5763 (free call);
United Kingdom: 0844 338 7411 (local call);
USA: +1 347 772 8942 (local call);
Russia: +7 499 922 8667 (local call);
Russia: 8108 002 446 2044 (free call).
The conference call replay will be available upon completion of the call until 9 December 2013 by dialing** +44 1452 55 0000 (international dial-in) or +1 866 247 4222 (USA free call dial-in), using Conference ID 18942863 and followed by the # sign.
** JSC Tatneft shall not be liable for inability to use any of the free numbers.
Forward-looking statements: These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. OAO Tatneft assumes no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.
Pjsc Tatneft (ATAD)