13.01.2015 Views

ANNUAL REPORT 2005 - Lukoil

ANNUAL REPORT 2005 - Lukoil

ANNUAL REPORT 2005 - Lukoil

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

FINANCIAL ACCOUNTS<br />

Geographical segments<br />

<strong>2005</strong> 2004 2003<br />

Sales of crude oil within Russia 120 181 374<br />

Export of crude oil and sales of crude oil by foreign subsidiaries 16,367 10,940 6,844<br />

Sales of petroleum products within Russia 6,725 4,665 3,450<br />

Export of petroleum products and sales of petroleum products<br />

by foreign subsidiaries 29,216 15,317 9,480<br />

Sales of chemicals within Russia 469 332 251<br />

Export of chemicals and sales of chemicals by foreign subsidiaries 1,134 1,021 671<br />

Other sales within Russia 821 713 568<br />

Other export sales and other sales of foreign subsidiaries 922 676 480<br />

Total sales 55,774 33,845 22,118<br />

<strong>2005</strong><br />

Western<br />

Siberia<br />

European<br />

Russia<br />

International Elimination Consolidated<br />

Sales<br />

Third parties 250 8,656 46,868 - 55,774<br />

Inter-segment 8,947 21,098 31 (30,076) -<br />

Total sales 9,197 29,754 46,899 (30,076) 55,774<br />

Operating expenses and total cost<br />

of purchases 1,372 10,829 40,590 (29,906) 22,885<br />

Depletion, depreciation<br />

and amortization 389 618 308<br />

-<br />

1,315<br />

Interest expense 17 160 133 (35) 275<br />

Income taxes 539 1,716 212 - 2,467<br />

Net income 2,116 4,015 925 (613) 6,443<br />

Total assets 9,301 21,207 14,361 (4,524) 40,345<br />

Capital expenditures 1,100 2,146 931 - 4,177<br />

164

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!