Gazprom’s financial information under IFRS issued
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
Gazprom has issued its financial information under International Financial Reporting Standards (IFRS).
The company’s operating profit fell from RUB 472 790 in 1Q14 to RUB 458 655 in 1Q15.
Net sales of gas increased by RUB 91 657 million (10%) to RUB 1 001 609 million in 1Q15 compared to 1Q14. Net sales of gas to Europe and other countries increased by RUB 58 614 million (12%) to RUB 542 993 million and net sales of gas to FSU countries by RUB 28 879 million (27%) to RUB 155 638 million in 1Q15 compared to 1Q14.
Net sales of gas in the Russian Federation decreased by RUB 12 261 million (4%) to RUB 286 553 million, mostly due to a 5% decrease in volumes of gas sold (approximately 4.3m3).
The owners of PJSC Gazprom attributed RUB 382 112 million in 1Q15, which was 71% higher than 1Q14.
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/11082015/gazprom-financial-information-under-ifrs-issued-1128/
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