Key Financial Indicators1

Sales revenue, mn RUB
+2.8 %

1,267,603

Adjusted EBITDA, mn RUB
+4.2 %

336,752

Net income relating to Gazprom Neft, mn RUB
+0.9 %

177,917

Net cash from operations, mn RUB
+11.7 %

276,736

Hydrocarbon production, mn TOE
+4.3 %

62.26

Oil refining at own refineries, mn t
+0.9 %

34.06

Sales of petroleum products, mn t
+3.9 %

45.74

1 Since 1 January 2013, Gazprom Neft has been applying a number of new IFRS standards, such as: IFRS 10 “Consolidated Financial Statements”, IFRS 11 “Joint Arrangements”, and IFRS 12 “Disclosure of Interests in Other Entities”. As a result of the application of these standards, particularly IFRS 11 “Joint Arrangements”, the Group replaced the method of equity share in Tomskneft and SPD by the proportional consolidation of assets and liabilities with respect to these companies. The operational information was restated (including previous periods) so that it can be compared with the financial information. Detailed information on the application of IFRS 11 is available in Note 2 to the consolidated financial statements for the year ending 31 December 2013.

3 US GAAP financial indicators (USD statements). Yearly indicators are expressed in RUB at an average annual exchange rate. Year-end indicators are expressed in RUB at the exchange rate as of the date.

4 The Capital Investment figure is subject to changes in the advance paid out and capital project materials.

The Report can contain inaccuracies relating to share, percentage, and amounts calculation due to rounding estimate values. The data presented in the Annual Report can insignificantly deviate from the previously published data due to rounding differences of the values.