Kremlin unveils Putin-Macron talks agendaRussian Politics & Diplomacy May 23, 15:16
Syrian opposition faction leader warns Geneva talks may break downWorld May 23, 15:10
Russia's top diplomat says Syria settlement requires Iran’s participationRussian Politics & Diplomacy May 23, 14:38
Four men and a dog: How Papanin’s team conquered the North PoleSociety & Culture May 23, 14:20
World Bank predicts investments in Russia’s fixed assets to surge to 2% in 2017Business & Economy May 23, 14:16
Manchester shopping mall evacuated following terror attackWorld May 23, 13:44
Lavrov warns Syria’s plight will drag on if efforts to divide it continueRussian Politics & Diplomacy May 23, 13:41
Forces behind Manchester attack seek to spread panic across globe, Russian think tank saysRussian Politics & Diplomacy May 23, 13:31
Russia's Black Sea Fleet holds drills in MediterraneanMilitary & Defense May 23, 13:27
MOSCOW, August 10 / TASS/ The net debt of Russia's gas major Gazprom has decreased by 12% to 1.45 trillion rubles ($22.6 bln) as of March 31, year-on-year, the company said in its first quarter report on Monday.
The net debt, defined as short-term borrowings and current portion of long-term loans, short-term promissory notes payable, long-term loans, long-term promissory notes payable, net of cash and cash equivalents as well as cash and cash equivalents restricted to withdrawal under the terms of certain borrowings and other contractual obligations decreased by 202.367 billion rubles ($3.2 bln).
The reasons for the decreasing value·of this index are associated with an increase in cash and cash equivalents.
According to the report, Gazprom's net profit increased 1.7 times to 382.112 bln rubles ($5.9 bln) in the first quarter of 2015 as calculated under the International Financial Reporting Standards (IFRS).
In the reporting period, revenues rose by 5.8 % to 1.648 trillion rubles ($25.5 bln). Operating costs rose by 7.5% in January-March to 1.171 trillion rubles ($18.1 bln).
Pretax profit spared 1.56 times to 496.094 bln rubles ($ 7.7 bln).
The profit was 389.618 bln rubles ($6.04 bln) in the period against 231.664 bln rubles ($3.6 bln) in the first quarter of 2014.