Rosneft Oil Company established indirect control over 74.9% of JSC Fuel Refilling Complex Sheremetyevo (FRC Sheremetyevo), the oil producer informed.
Rosneft now exercises indirect ownership of these voting shares through Rosneft Ltd, TNK Industrial Holdings Ltd, Rosneft International Holdings Ltd, NOVY INVESTMENTS Ltd, RN Holding and LLC TNK-Sheremetyevo.
It will be recalled that TNK-BP completed the acquisition of 74.9% of the shares in FRC Sheremetyevo in March 2011. The transaction value exceeded $200 million. The company intended to invest more than RUB 2 billion in the upgrade of the Sheremetyevo airport's refueling complex.
In March 2013, Rosneft acquired TNK-BP from British Petroleum and AAR Consortium.
Rosneft Oil Company (tax number: 7706107510) is the largest oil company and largest tax payer in the Russian Federation. Rosneft's proved SEC compliant reserves as of December 31, 2011 were 17.618 billion barrels of oil equivalent. In 2012, Rosneft ramped up production of hydrocarbons by 4.5% to 2.702 barrels per day.
The company's authorized capital is RUB 105.981 million. This amount is represented by 10,598,177,810 common shares at par value of RUB 0.01. The company's largest shareholder is state-owned company Rosneftegaz.
Net profit (IFRS) of Rosneft Oil Company for 2012 increased by 7.2% to RUB 342 billion from RUB 319 billion. Revenue increased by 13.2% to RUB 3.078 trillion from RUB 2.718 trillion for 2011. EBITDA decreased by 8% to RUB 609 billion from RUB 662 billion. Capex amounted to RUB 466 billion, FCF was RUB 45 billion.
According to the information and retrieval system DataCapital, net profit of Rosneft for 2012 as per RAS increased by 27.8% to RUB 302.501 billion. Revenue grew by 28.2% to RUB 2.596 trillion from RUB 2.025 trillion, pre-tax profit by 21% to RUB 345.561 billion from RUB 285.07 billion.
AK&M "M&A Market"
"AK&M", 01.10.2013 13:50