Financial Statements and Related Announcement::First Quarter Results

Issuer & Securities

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

Announcement Details

Announcement Title
Financial Statements and Related Announcement
Date &Time of Broadcast
11-Sep-2014 16:45:03
Status
New
Announcement Sub Title
First Quarter Results
Announcement Reference
SG140911OTHR5XLE
Submitted By (Co./ Ind. Name)
Horizon LLC/P.Nosko
Designation
Analyst
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
As compared with first quarter 2013 Sales increased by 7%, Adjusted EBITDA decreased by 6%, Net profit decreased by 41% due to foreign exchange losses and increase in charge for impairment provisions related to accounts receivable from NAK 'Naftogas Ukraine'; Operating Cash Flow increased by 33%, Free Cash Flow increased by 153% and Net Debt declined by 13%.

Additional Details

For Financial Period Ended
31/03/2014