IFRS net profit of JSC Transneft for 2013 decreased by 14.3% to RUB 158.017 billion from RUB 184.39 billion, according to the company's consolidated statement.
Revenue increased by 2.4% to RUB 749.617 billion from RUB 732.375 billion. Pre-tax profit shrank to RUB 212.012 billion from RUB 234.644 billion the year before.
JSC Transneft (tax number: 7706061801) is the monopolist in Russia's market of oil export deliveries using pipelines. Transneft Group has the world's largest system of the oil pipelines amounting to 48.505 thousand km.
The company's authorized capital is RUB 7.102 million represented by 5,546,847 common and 1,554,875 preferred shares at par value of 1 ruble. The state owns 78.1057% (100% of the voting shares) of Transneft. Preferred shares belong to private persons.
IFRS net profit of Transneft for Q1 2013 decreased by 22% to RUB 46.524 billion against RUB 59.842 billion the year before. Revenue grew by 1.4% to RUB 183.871 billion from RUB 181.35 billion, operating profit to RUB 65.752 billion from RUB 63.755 billion.
According to the DataCapital information retrieval system, RAS net profit of Transneft for 2013 increased by 5.6% to RUB 11.26 billion. Revenue went up 2.6% to RUB 704.714 billion from RUB 687.14 billion, GP was RUB 95.884 billion against RUB 102.884 billion the year before.