46604020 Rosneft in 2010 earned 30 million dollars a day
Net profit of Rosneft on U.S. accounting standards in 2010 grew by 64 percent to 10.672 billion dollars, or slightly less than $ 30 million per day. Reported in the press release. Revenue increased by 34,6 percent to 63 billion dollars. The growth of this indicator is mainly due to increased prices for oil and petroleum products. The volume of oil rose significantly weaker – from 2.386 to 2.521 million barrels of oil equivalent per day (5,6 per cent). In the fourth quarter 2010 net income increased by 19 percent compared with the previous three months and reached 3.1 billion dollars. In 2010 the company produced 47.9 million tons of oil, which is 1.8 per cent increase over the previous year. At the same time in the fourth quarter oil production fell slightly due to scheduled maintenance at refineries Samara group. Due to a serious increase in the inflow of funds (free cash flow for the year amounted to 5.8 billion dollars) was nearly a quarter increase the capital costs (from 7.252 to 8.931 billion dollars), as well as reduce the amount of net debt 26 percent to 13.7 billion dollars .
