Date: 5 months ago   Category: Energy

Surgutneftegas since the beginning of year has increased "a financial pillow" by 560 billion rubles — Rambler News Service


Liquid assets ("a financial pillow". — RNS) Surgutneftegas have increased by 25% in comparison with an indicator for the beginning of year and as of September 30, 2018 have made 2,798 trillion rubles, follows from the reporting of the company under RAS. For the end of 2017 liquid assets of Surgutneftegas were estimated at 2,238 trillion rubles. Long-term deposits on accounts of the company have made following the results of January — September of the current year 1,942 trillion rubles (against 1,41 trillion rubles for the beginning of year). Short-term deposits at the same time were reduced from 765,6 billion to 731,7 billion rubles. The sum of liquid assets includes financial investments, except investments into the organizations and the granted loans, financial investments, except for money equivalents and also money and money equivalents. As appears from the report of the company on RAS, the net profit of Surgutneftegas under the Russian accounting standards (RAS) has made 598,27 billion rubles in January-September, 2018 that is 6,6 times more than an indicator for the same period of last year. The revenue of the company in January — September has increased by 40,2% — to 1,149 trillion rubles.

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