Financial Results for the First Quarter

Rusneftegaz can publish results for the first quarter of the year as of and for the three months ended 31 March. These statements were prepared in accordance with International Financial Reporting Standards, otherwise known as IFRS, and have not been audited. The full results are disclosed in the financial section of the Group's website.
 
Overall, total revenues during the period rose to $104,2 million and reported net profits amounted to $39,4 million. Upon the beginning of the next quarter, Rusneftegaz also published its consolidated financial statements for the last financial year, showing revenue of $261,5 million and a total profit of $85,1 million.
 
The financial details in this article are current at the date of this report, and believed by Rusneftegaz to be accurate and true. All information is disclosed as a summary and does not purport to be complete. The data that this commentary is dependent on is obtained from sources believed to be reliable, but the Group, nor any of the directors, officers, employees, agents, subsidiaries or affiliates, can wholly guarantee the accuracy or completeness of such information.​