2016-04-05 18:00:00
LUKOIL NET INCOME DOWN 26%
EBITDA for 2015 amounted to 769 billion rubles. Profit for the year amounted to 291 billion rubles, profit for the year excluding one-off non-cash items reached 452 billion rubles.
Capital expenditures in 2015 were 607 billion rubles. Free cash flow amounted to 248 billion rubles.
In 2015, LUKOIL Group total hydrocarbon production* increased by 2.8 % y-o-y and reached 2.379 million boe per day. Crude oil production* increased by 3.6 % y-o-y to 100.7 million tons. The increase was mainly due to the production from West Qurna-2 project in Iraq.
* -produced by the Group including our share in equity affiliates.
Consolidated Statement of Profit or Loss and Other Comprehensive Income
|
|
2015 |
2014 |
||
|
|
(millions of rubles) |
|
||
|
Revenues |
|
|
||
|
Sales (including excise and export tariffs) |
5,749,050 |
5,504,856 |
||
|
Costs and other deductions |
|
|
||
|
Operating expenses |
(446,719) |
(368,505) |
||
|
Cost of purchased crude oil, gas and products |
(2,891,674) |
(2,781,856) |
||
|
Transportation expenses |
(297,977) |
(215,198) |
||
|
Selling, general and administrative expenses |
(168,669) |
(146,550) |
||
|
Depreciation, depletion and amortization |
(350,976) |
(293,052) |
||
|
Taxes other than income taxes |
(522,620) |
(467,732) |
||
|
Excise and export tariffs |
(575,509) |
(807,401) |
||
|
Exploration expenses |
(29,177) |
(12,228) |
||
|
Profit from operating activities |
465,729 |
412,334 |
||
|
Finance income |
17,763 |
10,999 |
||
|
Finance costs |
(48,224) |
(29,727) |
||
|
Equity share in income of affiliates |
7,047 |
19,888 |
||
|
Foreign exchange gain |
110,912 |
167,235 |
||
|
Other expenses |
(164,123) |
(95,874) |
||
|
Profit before income taxes |
389,104 |
484,855 |
||
|
Current income taxes |
(100,335) |
(103,303) |
||
|
Deferred income taxes |
3,976 |
12,524 |
||
|
Total income tax expense |
(96,359) |
(90,779) |
||
|
Profit for the year |
292,745 |
394,076 |
||
|
(Profit) loss for the year attributable to non-controlling interests |
(1,610) |
1,449 |
||
|
Profit for the year attributable to PJSC LUKOIL shareholders |
291,135 |
395,525 |
||
|
Earning per share of common stock attributable to PJSC LUKOIL (in rubles): |
|
|
|
|
Basic |
408.36 |
554.79 |
|
|
Diluted |
405.15 |
541.90 |
|
-----
More:
LUKOIL NET INCOME $0.7 BILLION
LUKOIL EBITDA 2014: $15.982 BLN
LUKOIL LAUNCHES OILFIELD: 1.4 BLN BBL
GAZPROM & LUKOIL: $30 BLN FOR MEXICO
LUKOIL GROWTH 24.7% TO $5.4 BLN
Chronicle:
2021, September, 17, 11:47:00
ENERGY TRANSITION TO CARBON NEUTRALITY AS A FACTOR OF UNPRECEDENTED ACCELERATION OF GLOBAL WARMING
The article reveals the reasons for the unprecedented acceleration of global warming, which was reported by the IPCC in the report "Climate Change 2021", offers proposals for their elimination, as well as for eliminating their consequences.
2021, September, 17, 11:45:00
NO NUCLEAR FOR SPAIN
Under Spain's nuclear phase-out policy, its nuclear fleet is scheduled to shut down by 2035.
2021, September, 17, 11:40:00
WIND ENERGY FOE CHILE 980 MW
The US$700m project, which is expected to generate 2 TWh/year, will include 140 turbines with a maximum power of 7 MW.
2021, September, 17, 11:35:00
U.S. OIL INVENTORIES DOWN BY 6.4 MB TO 417.4 MB
U.S. commercial crude oil inventories decreased by 6.4 million barrels from the previous week to 417.4 million barrels.
2021, September, 16, 14:00:00
OIL PRICE: ABOVE $75
Brent was up 11 cents, or 0.2%, to $75.57 a barrel, WTI was up 11 cents, or 0.2%, to $75.57 a barrel.
2021, September, 16, 13:50:00
EUROPEAN CLIMATE ADAPTATION
Adaptation measures include flood prevention measures and renovating buildings to make them more resilient to extreme temperature. The changes required vary across the continent, but recent events have shown that climate change poses a threat to Europe’s cities.
2021, September, 16, 13:45:00
GAS IS A KEY
Despite adaptations of new fuels and technologies to help achieve the net-zero goal, natural gas will continue to play a vital function for the foreseeable future.