Finance

Gazpromneft plans to pay dividends in the amount of 9.38 rubles per share

Gazpromneft’s Board of Directors has recommended paying final dividends for the previous year in the amount of 5.29 rubles per share, the company reports.

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Rosneft will additionally invest 4.2 billion rubles to Itera’s authorized capital

The Board of Directors of Rosneft has agreed the allocation of the additional investment of 4.194 billion rubles into Itera’s authorized capital. Besides from that, the Board decided to agree the execution by Rosneft of legal and other actions for the purchase of evaluating service for defining of the market value of the shares purchased and sold by Itera NGK for rewarding by 11,800 billion rubles.
At the beginning of July, Rosneft consolidated 100% of Itera, having bought out 49% from Itera Holdings Ltd for $2.9 billion. Rosneft closed the transaction for buying out of 51% in Itera in August 2012. Now the main task of the company is integration of Itera with the objects of Rosneft and Rospan.

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"UC RUSAL" postpones the receiving of shareholder approval for the deal with "Norilsk Nickel" again.

"UC RUSAL" has again postponed the deadline for sending a circular to its shareholders on the transaction with the shareholders of MMC "Norilsk Nickel" until June 30th, 2014, the company stated.
"UC RUSAL", who must get the approvall of its shareholders on the agreement concluded in December 2012 aimed at resolving the conflict around "Norilsk Nickel", planned to send a circular to shareholders in the period until March 31st, 2013. Then the term was changed to May 31st, June 30th, August 31st, September 30th, November 30th, 2013; January 31st and March 31st, 2014.

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In 2013, Gazprom’s net profit under RAS grew by 12% to 628 billion rubles

In 2013, Gazprom’s net profit under RAS grew by 12% as compared with the previous year to 628.311 billion rubles, quarterly report of the Russian gas holding company says.
At the same time, the proceeds increased by 7.5% to 3.933 trillion rubles.

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In 2013, Zarubezhneft increased its net profit under RAS 1.5 times to 7 billion rubles

In 2013, the Zarubezhneft’s net profit under RAS grew 1.5 times as compared with 2012 and made up 7.138 billion rubles, the company reports.

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In 2013, RN Holding company’s net profit fell 4 times to 45.87 billion rubles

In 2013, RN Holding company’s net profit under RAS decreased almost 4 times to 45.87 billion rubles, the company reports.
The proceeds fell by 46% to 688.008 billion rubles.
The total profit was reduced 2.3 times to 202.469 billion rubles, the sale profit – 6.4 times to 30.635 billion rubles and the pretax profit – 3.6times to 55.352 billion rubles.

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RusHydro can pay dividends for 2013 using net profit by ISA

The Board of Directors of RusHydro has agreed the dividend policy in the new edition according to which dividends will be paid off concerning the net profit by ISA.
Under the previous edition, the sum of the guaranteed dividends was calculated concerning net profit of RusHydro that was compiled via summing up of net profit of the entity, subsidiaries and affiliates minus inter-group circulation on dividend profit.

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In March 24th-28th, Novatek bought 657.16 thousand of its shares within buyback

In March 24-28, the largest Russian independent gas producer Novatek bought 657.16 thousand of its shares, including GDR, within buyback, the company reports.

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In 2013, Surgutneftegaz increased its net profit under RAS 1.6 times to 256.5 billion rubles

In 2013, Surgutneftegaz’s net profit under RAS grew 1.6 times as compared with the previous year and made up 256.516 billion rubles, the company reports.
The proceeds of Surgutneftegaz decreased by 0.17% and made up 814.187 billion rubles. The prime cost of sales grew by 1.8% and made up 546.726 billion rubles. The total profit declined by 4% and made up 267.461 billion rubles, the sale profit by 7.2% to 199.671 billion rubles. The incomes from participation in other companies increased 2.5 times and made up 1.1 billion rubles.

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In 2013 HC "Metalloinvest" net profit under RAS decreased 8.74 times to 1.669 billion roubles.

In 2013 HC "Metalloinvest"Net profit under RAS decreased 8.74 times to 1.669 billion roubles
From 14.583 billion for 2012, the report of the company states.
The revenue decreased 2.98 times - to 5.113 billion roubles from 15.248 billion, the sales profit - 3.58 times to 3.944 billion roubles from 14,134 billion, the profit before tax - 9.18 times - to 1.584 billion roubles from 14.544 billion.

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