RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2022-05-04 12:10:00

GAZPROM PROFIT RUB 2,093 BLN

ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.

GAZPROM - April 28, 2022 - Today PJSC Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2021.

The table below presents the main items of the consolidated statement of comprehensive income prepared in accordance with IFRS for the years ended December 31, 2021 and December 31, 2020. All amounts are presented in millions of Russian Rubles.

 

  Year ended December 31,
 

2021

2020

Sales

10,241,353

6,321,559

Net (loss) gain from trading activity

(92,397)

31,349

Operating expenses

(7,681,410)

(5,665,762)

Impairment loss on financial assets

(56,285)

(72,295)

Operating profit

2,411,261

614,851

 

 

 

Finance income

615,167

747,400

Finance expenses

(499,110)

(1,365,518)

Share of profit of associates and joint ventures

242,196

136,736

Profit before profit tax

2,769,514

133,469

 

 

 

Current profit tax expenses

(452,817)

(75,606)

Deferred profit tax (expenses) income

(157,611)

104,544

Profit tax

(610,428)

28,938

 

 

 

Profit for the period

2,159,086

162,407

 

 

 

Profit for the period attributable to:

 

 

Owners of PJSC Gazprom

2,093,071

135,341

Non-controlling interest

66,015

27,066

 

2,159,086

162,407

 

The main factor that affected the financial result was an increase in gas and oil prices. This resulted in an increase in sales and an increase in the cost of purchased gas and oil.

Net sales of gas increased by RUB 2,606,694 million, or 85 %, from RUB 3,049,339 for the year ended December 31, 2020 to RUB 5,656,033 million for the year ended December 31, 2021.

Net sales of refined products increased by RUB 796,788 million, or 44 %, for the year ended December 31, 2021 compared to the prior year and amounted to RUB 2,595,184 million. The increase in net sales of refined products was mainly due to an increase in average prices in all geographic segments.

Net sales of crude oil and gas condensate increased by RUB 394,799 million, or 81 %, for the year ended December 31, 2021 compared to the prior year and amounted to RUB 882,148 million. The change was mainly due to an increase in net sales of crude oil primarily caused by an increase in average prices of crude oil.

Operating expenses increased by RUB 2,015,648 million, or 36 %, for the year ended December 31, 2021 compared to the prior year.

The increase in operating expenses was mainly caused by the increase of expenses in the items “Purchased gas and oil” and “Taxes other than on profit”.

The balance of foreign exchange differences reflected within the item “Net finance income (expense)” produced the gain in the amount of RUB 139,944 million for the year ended December 31, 2021 compared to the loss in the amount of RUB 604,810 million for the prior year.

For the year ended December 31, 2021 profit attributable to the owners of PJSC Gazprom amounted to RUB 2,093,071 million.

Adjusted EBITDA (calculated as the sum of operating profit, depreciation, impairment loss or reversal of impairment loss on financial assets and non-financial assets, less changes of allowance for expected credit losses on accounts receivable and impairment allowance on advances paid and prepayments) increased by RUB 2,220,349 million, or 151 %, for the year ended December 31, 2021 compared to the prior year and amounted to RUB 3,686,890 million. This change was mainly due to an increase in sales.

Net debt balance (defined as the sum of short-term borrowings and the current portion of long-term borrowings, short-term promissory notes payable, long-term borrowings, long-term promissory notes payable, less cash and cash equivalents) decreased by RUB 1,002,916 million, or 26 %, from RUB 3,872,695 million as of December 31, 2020 to RUB 2,869,779 million as of December 31, 2021. This change was mainly due to an increase in cash and cash equivalents.

 

Full PDF version

-----


Earlier:

ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2022, April, 28, 14:05:00
EUROPE PLAN TO PAY IN RUBLES
Gas distributors in Germany, Austria, Hungary and Slovakia are planning to open rouble accounts at Gazprombank in Switzerland in order to satisfy a Russian requirement for payments in its own currency
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2022, April, 28, 13:55:00
GAZPROM GAS PRODUCTION WILL DOWN
Russia's Economy Ministry expects oil and gas production to fall this year, according to a document seen by Reuters, with gas output declining to 702.4-720.9 bcm from 763.5 bcm in 2021.
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2022, April, 27, 11:45:00
EUROPEAN GAS PRICES UP
"As of the end of the business day on April 26, Gazprom Export had not received payments for gas supplies in April from Bulgargaz (Bulgaria) and PGNiG (Poland) in rubles," Gazprom said in a statement.
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2022, April, 15, 12:00:00
RUSSIAN GAS IN ROUBLES BREAK SANCTIONS
Putin's decree imposed an obligation on EU gas buyers to open at least two special accounts - one for euros or dollars and one for roubles - with Gazprombank and channel all gas payments through the bank.
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2022, April, 11, 13:00:00
GAZPROM GERMANIA UNDER TRUSTEESHIP
Germany and Europe's dependence on Russian natural gas supplies cannot be eliminated in the short term without considerable economic damage.
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2022, March, 28, 11:50:00
RUSSIAN ASSETS WITHOUT RISKS
"Currently the company's operations and business in Russia are largely running smooth and there are no signs of asset impairment," Sinopec's President Yu Baocai told investors and reporters during a call following its 2021 earnings release.
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2022, March, 1, 11:50:00
SHELL LEAVES GAZPROM
The Board of Shell plc (“Shell”) announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends to end its involvement in the Nord Stream 2 pipeline project.
All Publications »
Tags: ГАЗПРОМ, GAZPROM
Chronicle:
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2023, February, 1, 12:04:00
TRANSPORTATION OIL AND GAS CONGRESS 2023 (TOGC 2023)
Transportation Oil and Gas Congress 2023 (TOGC 2023) takes place on February 20-21, 2023. The Congress brings together representatives from the whole pipeline chain and focuses on both strategic and technical issues of the oil and gas pipeline transportation.
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2023, February, 1, 12:03:00
9TH INTERNATIONAL LNG CONGRESS LNGCON 2023
9th International LNG Congress (LNGCON 2023) 6-7 March, 2023 Link to the Congress website: https://bit.ly/3tXVmr7
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2023, February, 1, 12:00:00
GLOBAL GROWTH WILL DOWN
Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024.
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2023, February, 1, 11:55:00
S.KOREAN NUCLEAR FOR TURKEY
KEPCO CEO Seung-il Jeong presented the proposal to Fatih Dönmez, Turkey's Minister of Energy and Natural Resources, on 30 January during a meeting in which they discussed plans for KEPCO to participate in the nuclear power plant project.
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2023, February, 1, 11:50:00
OIL AND GAS AUTOMATION AND DIGITALIZATION 2023
Event Title: Oil and Gas Automation and Digitalization 2023 Conference Date: 03 - 04 May 2023 Event Type: In-Person Event Event Organizer: PTN Events
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2023, February, 1, 11:45:00
СПГ КОНГРЕСС РОССИЯ 2023
СПГ Конгресс Россия – это международная инвестиционная площадка, где традиционно собираются лидеры индустрии. Ежегодно в мероприятии принимают участие более 250 операторов крупно-, средне- и малотоннажных СПГ-проектов, водородных проектов, правительство и технологические лидеры СПГ-индустрии.
ПРИБЫЛЬ ГАЗПРОМА 2 093 МЛРД. РУБ.
2023, January, 30, 11:45:00
OIL PRICE: BRENT NEAR $86, WTI NEAR $79
Brent fell 74 cents, or 0.8%, to $85.92 a barrel , WTI was at $79.07 a barrel, down 61 cents, or 0.8%.
All Publications »