By results of 2013, Transneft acknowledged the depreciation of investments into Novorossiysk Commercial Sea Port by 14 billion rubles

By results of 2013, Transneft acknowledged the depreciation of investments into Novorossiysk Commercial Sea Port in the amount of 14 billion rubles that led to reduction of the net profit.

Let’s recall, in 2013 the Transneft’s net profit under IAS decreased by 14.3% to 158.017 billion rubles.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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