Last checked at 9 Sep 2013 07:48
Tatneft published its IFRS consolidated interim condensed financial information for the three and six months ended 30 June 2013
9 September 2013
OAO Tatneft (the "Company") published today on its web-site (http://www.tatneft.ru/eng) the unaudited consolidated interim condensed financial information for the three and six months ended 30 June 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 three and six months ended 30 June 2013 IFRS results.
Key financial highlights:
| Three months ended 30 June: | Six months ended 30 June: | |||||
2013 | 2012 | Change, % | 2013 | 2012 | Change, % | ||
Sales and other operating revenues, net (RR million) | 104 696 | 95 884 | 9% | 211 250 | 207 143 | 2% | |
Profit attributable to Group shareholders (RR million) | 14 935 | 4 538 | 229% | 31 909 | 31 903 | 0% | |
EBITDA* (RR million) | 26 010 | 18 290 | 42% | 54 988 | 55 682 | -1% | |
* Information on EBITDA calculation is set out in the MD&A.
30 June 2013 | 31 December 2012 | Change, % | |
Total assets (RR million) | 656 140 | 630 607 | 4% |
Total liabilities (RR million) | 195 907 | 184 374 | 6% |
Total shareholders' equity (RR million) | 460 233 | 446 233 | 3% |
The Company's representatives will discuss the IFRS financial highlights for the three and six months ended 30 June 2013 on a conference call on 10 September 2013 at 16:00 Moscow time, 13:00 UK time.
To participate in the conference call, please dial the any of the following numbers** using Conference ID # 55045883:
United Kingdom: +44 1452 555 566 (standard international)
United Kingdom: 0844 493 3800 (local call)
United Kingdom: 0800 694 0257 (free call from within the country)
USA: (866) 966 9439 (free call from within the country)
USA: (631) 510 7498 (local call)
Singapore: 8001 203 988 (free call from within the country)
Russia: 8108 002 097 2044 (free call from within the country)
The conference call replay will be available upon completion of the call until 23 September 2013 by dialing** +44 1452 55 0000 (international dial-in) or 0800 953 1533 (free call dial-in from within the UK), (866) 247 4222 (free call dial-in from within the USA), using conference ID # 55045883.
** OAO 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.