ANNUAL REPORT 2005 - Lukoil
ANNUAL REPORT 2005 - Lukoil
ANNUAL REPORT 2005 - Lukoil
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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