26. Share Capital

Share capital as of December 31, 2014 and 2013 comprise of the following:

Ordinary shares Treasury shares
December 31, 2014 December 31, 2013 December 31, 2014 December 31, 2013
Number of shares (million) 4,741 4,741 23 23
Authorised shares (million) 4,741 4,741 23 23
Par value (RUB per share) 0.0016 0.0016 0.0016 0.0016
On issue as of December 31, fully paid (RUB million) 8 8 (1,170) (1,170)

The nominal value of share capital differs from its carrying value due to effect of the inflation.

On September 30, 2014 the general shareholders’ meeting of JSC Gazprom neft approved interim dividend on the ordinary shares for the six months ended June 30, 2014 in amount of RUB 4.62 per share.

On June 6, 2014 the annual general shareholders’ meeting of JSC Gazprom neft approved dividend on the ordinary shares for 2013 in amount of RUB 9.38 per share including amount of interim dividends for the six months ended June 30, 2013 of RUB 4.09 per share approved on September 30, 2013.

On June 7, 2013 the annual general shareholders’ meeting of JSC Gazprom neft approved dividend on the ordinary shares for 2012 in amount of RUB 9.3 per share.