In IIIQ 2013 Rosneft reduced capital expenses by 15% to 130bn rub. from 153bn rub., the company informed.
The patterns moved down in spite of the acquisition of TNK-BP and some other assets. The 9-month capital expenses reached 378bn rub.; free cash flow - 152bn rub.
Rosneft (TIN 7706107510) is the largest oil company in Russia. It has 17.618bn barrel of the crude in reserves. The 2011-output reached 2.586mln barrel/day (2.6% in rise).
The share capital is worth 105.981mln rub. split in 10598177810 common
stocks of 0.01 rub. par. The major holder is Rosneftegaz (75.16%).
The 2012-net profit added 7.2% (IAS) to gain 342bn rub. from 319bn rub.
The revenues rose 13.2% to gain 3.078tril rub. from 2.718tril rub.; EBITDA dropped 8% tо 609bn rub. from 662bn rub.; capital expenses coming to 466bn rub.; free money flow - 45bn rub.
The 2012 net profit (RAS) added 27.8% to reach 302.501bn rub.; revenues being up 28.2% to 2.596tril rub. from 2.025bn rub.; pretax profit - 21% to 345.561bn rub. from 285.07bn rub.
"AK&M", 14:50, 29.10.2013 1251 AKM,COR