In 2013, Bashneft increased its net profit under RAS 1.5 times to 69 billion rubles

By results of the previous year, oil company Bashneft increased its net profit under RAS to 69.124 billion rubles. This is by 1.53 times more than in the previous year. According to the company’s financial accounting, the growth of its proceeds made up 5.78% (517.487 billion rubles).

According to information on the oil company’s official web-site, in the reporting period prime cost of its sales made up 268.263 billion rubles (by results of 2013, the reduction made up 4.7%). The total profit was 249.224 billion rubles (+19.9%) and commercial expenditures – 153.545 billion rubles (+17.9%); the company managed to decrease its management costs by 8.16% to 9.858 billion rubles.

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