In Q2 of 2013, Novatek’s net profit under IAS grew by 20.1%

In the second quarter of 2013, the Novatek’s profit under IAS related to shareholders increased to 11.6 billion rubles (3.83 rubles per share) or by 20.1% as compared with the second quarter of 2012. In the first six months of 2013, the profit related to the Novatek’s shareholders, grew to 34.4 billion rubles (11.36 rubles per share) or by 11.4% as compared with the first six months of 2012. Non-monetary effect of exchange differences recognition influenced the dynamics of the net profit.

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