Overview of Key Indicators

1,443 ↑7.45%

Excluding NIS a.d. Novi Sad.Proved hydrocarbon reserves (PRMS-SPE), mn TOE

66.25 ↑6.41%

Production of marketable hydrocarbons by the Gazprom Neft Group, mn TOE

20.0 ↑5.26%

Average sales of petroleum products per filling station, tonnes per day

1,690,557 ↑12.40%

Sales, mn RUB

342,614 ↑1.74%

Adjusted EBITDA, mn RUB

283,965 ↑2.61%

Net cash generated from operations, mn RUB
Key operating indicators
ед. изм. 2010 2011 2012 2013 2014 Change 2014/2013, %
Excluding NIS a.d. Novi Sad.Proved hydrocarbon reserves (PRMS-SPE), mn TOE mn TOE 1,023 1,130 1,200 1,343 1,443 7.45
Hydrocarbon reserve replacement ratio under category 1Р, % % 110 291 222 336 254 –82.00 p.p.
Refining/production ratio, % % 76 81 85 84 84 -
Production of marketable hydrocarbons by the Gazprom Neft Group, mn TOE mn TOE 52.81 57.25 59.71 62.26 66.25 6.41
Oil refining, mn t mn t 37.90 40.49 43.34 42.63 43.48 1.99
at own refineries, mn t mn t 30.75 33.10 33.76 34.06 34.66 1.76
at contracted refineries, mn t mn t 7.15 7.39 9.58 8.57 8.82 2.92
Oil exports, mn TOE mn TOE 18.96 16.07 16.62 12.34 9.63 –21.96
Sales of petroleum products, mn t mn t 37.20 41.50 44.03 45.74 48.30 5.60
Export of petroleum products, mn t mn t 14.05 14.68 16.48 16.82 17.73 5.41
Number of active petrol stations (owned, leased and franchised) units 1,596 1,670 1,609 1,747 1,810 3.55
Calculation for filling stations in Russia.Average sales of petroleum products per filling station, tonnes per day tonnes per day 10.3 14.2 17.6 19.0 20.0 5.26
Key sustainable development indicators
ед. изм 2010 2011 2012 2013 2014 Change 2014/2013, %
Average number of personnel, persons persons 64,895 58,905 65,829 55,975 57,515 2.75
Cost of implementing “Home Towns” programme, bn RUB bn RUB - - 2.4 3.7 4.5 21.62
Injury rate (LTIFR) LTIFR 0.59 0.64 0.65 0.44 0.52 0.08
Consolidated data for OJSC Gazprom Neft and Russian subsidiaries, excluding joint ventures and proportionately consolidated enterprises.Tax payments to the consolidated budget of the Russian Federation
ед. изм 2010 2011 2012 2013 2014 Change 2014/2013, %
Fiscal payments, mn RUB, including: mn RUB 317,302 482,628 523,467 489,136 560,085 14.50
Federal budget mn RUB 104,199 195,859 234,247 245,175 278,197 13.47
Regional budget mn RUB 26,044 45,350 32,605 37,718 36,209 –4.00
Extra-budgetary funds mn RUB 2,157 4,379 5,898 7,208 9,489 31.65
Export duties mn RUB 184,902 237,041 250,717 199,035 236,190 18.67
Key financial indicators
ед. изм 2010 2011 2012 2013 2014 Change 2014/2013, %
Sales, mn RUB mn RUB 999,498 1,291,596 1,519,450 1,504,037 1,690,557 12.40
Sales revenue, mn RUB mn RUB 793,871 1,029,803 1,232,649 1,267,603 1,408,238 11.09
Adjusted EBITDA, mn RUB mn RUB 220,812 300,077 323,106 336,752 342,614 1.74
Net profit attributable to Gazprom Neft, mn RUB mn RUB 95,692 160,362 176,296 177,917 122,093 -31.38
Net cash generated from operations, mn RUB mn RUB 163,718 180,871 247,748 276,736 283,965 2.61
Capital investments, mn RUB mn RUB 100,247 29,157 169,213 208,611 271,330 30.07
Dividends paid, mn RUB mn RUB 21,051 34,611 44,094 44,473 For the first half of 2014.21,905 -
Net debt, mn RUB mn RUB 165,398 191,628 156,922 185,922 433,602 133.22
Share price for the end of the year (MICEX), RUB RUB 128.27 148.18 142.52 146.77 143.00 -2.57
Total shares, mn mn 4,741 4,741 4,741 4,741 4,741 -
including treasuries, mn mn 23 23 23 23 23 -
Base and diluted earnings per common share, RUB per share RUB per share 20.35 33.99 37.37 37.71 25.88 -31.37
Dividend per share, RUB RUB 4.44 7.30 9.30 9.38 For the first half of 2014.4.62 -
Return on average capital employed, % % 15.83 20.58 19.38 17.44 13.07 -4.37 p.p.
Adjusted EBITDA margin, % % 27.81 29.14 26.21 26.57 24.33 -2.24 p.p.
Adjusted EBITDA per barrel produced, RUB/BOE RUB/BOE 566.99 711.70 735.97 736.20 701.93 -4.65
Net profit margin, % % 12.05 16.28 14.94 14.73 8.99 -5.74 p.p.
Net profit per barrel produced, RUB/BOE RUB/BOE 268.16 397.67 419.46 408.20 259.48 -36.43
Return on equity, % % 17.91 24.99 23.03 19.99 11.90 -8.09 p.p.
Leverage ratio (Gearing), % % 20.48 20.81 15.28 15.70 27.73 12.03 p.p.
Current ratio ratio 1.44 1.98 1.75 2.08 1.88 -0.20 p.p.