General Announcement::Gazprom's BoD: 2015 Investment Program, Budget and Cost Program_Amended

Issuer & Securities

Issuer/ Manager
JSC GAZPROM
Securities
JSC GAZPROM GDR - US3682872078 - AAI
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
24-Dec-2014 16:25:59
Status
New
Announcement Sub Title
Gazprom's BoD: 2015 Investment Program, Budget and Cost Program_Amended
Announcement Reference
SG141224OTHRCAEW
Submitted By (Co./ Ind. Name)
Horizon LLC/P.Nosko
Designation
Analyst
Description (Please provide a detailed description of the event in the box below)
The Board of Directors approves a RUB 840.35 bln Investment Program for 2015 with capital investments of RUB 733.13 bln and long-term financial investments of RUB 107.22 bln. According to the Budget for 2015, gains from operating and investment activities will total RUB 5.887 trillion, while payments in all activities - RUB 5.978 trillion. The external financial borrowings will be RUB 90 billion. The Budget surplus will amount to RUB 0.5 billion. Effects from the 2015 Cost Optimization Program - RUB 13.1 billion.

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