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RussNeft’s Unconsolidated Revenue for the First Half Year Increased by 2.1

22.08.2006 "Interfax"

OAO Oil and Gas Company RussNeft head company’s revenues reached the point of 53.77 billion rubles in the first half year 2006 according to RAS (Russian Accounting Standards). It has increased by 2.1 against the index of January – July, 2005, company’s report says. The pre-tax profit has increased by 1.58 and reached the point of 11.4 billion rubles.

The non-operating gain has increased by 11, having reached the point of 4.98 billion rubles. The  non-operating costs were cut by 2.9 – 1.1 billion rubles. The profit before tax has increased 6.8, that is 10 billion rubles; the net profit has increased by 11 – 7.8 billion rubles.Credit and loans total has increased by 1.4% - 94.46 billion rubles. Long-term credits and loans have amounted to 89% from 59% of the total sum.

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