FY 2012 - Investor Relations - NIS
FY 2012 - Investor Relations - NIS
FY 2012 - Investor Relations - NIS
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Reportable segment results for the year ended 31 December <strong>2012</strong> are shown in the table below:Exploration and production Oil Field Services Refining Trade Other Eliminations TotalSegment revenue 92,077,341 3,324,029 155,584,039 204,314,212 17,017,464 (242,246,261) 230,070,824Intersegment 83,074,262 1,217,697 154,020,794 1,108,024 2,825,484 (242,246,261) -External 9,003,079 2,106,332 1,563,245 203,206,188 14,191,980 - 230,070,824Depreciation and amortisation (2,104,350) (358,420) (1,950,957) (808,683) (1,051,381) - (6,273,791)Impairment losses (113,062) (10,052) (64,127) (110,965) (29,291) - (327,497)Segment profit (loss) from operating activities 83,790,189 (218,880) (9,096,463) 559,171 (10,053,260) - 64,980,757Finance income (expenses) (188,292) 31,981 (761,856) 560,413 (5,302,137) - (5,659,891)Other income (expenses) (3,286,960) 790,883 166,657 (283,157) (5,383,330) - (7,995,907)Segment profit (loss) before tax 80,314,937 603,984 (9,691,662) 836,427 (20,738,727) - 51,324,959Deferred income tax - - - - 707,442 - 707,442Income tax expense - - - - (2,575,885) - (2,575,885)Segment profit (loss) 80,314,937 603,984 (9,691,662) 836,427 (22,607,170) - 49,456,516Reportable segments results for the year ended 31 December 2011 are shown in the table below:Exploration and production Oil Field Services Refining Trade Other Eliminations TotalSegment revenue 78,152,193 6,999,742 136,362,877 168,759,386 199,310 (198,045,295) 192,428,213Intersegment 59,703,080 2,406,034 135,633,379 302,802 - (198,045,295) -External 18,449,113 4,593,708 729,498 168,456,584 199,310 - 192,428,213Depreciation and amortisation (2,067,932) (856,169) (2,023,125) (783,725) (924,714) - (6,655,665)Impairment losses (379,934) (11,233) (26,397) (105,766) (32,458) - (555,788)Segment profit (loss) from operating activities 65,061,804 (634,719) (15,478,960) (943,658) (6,935,281) - 41,069,186Finance income (expenses) (354,107) 10,510 (318,367) 402,740 (1,565,349) - (1,824,573)Other income (expenses) (21,456) (1,263,299) (1,728,714) 3,063,357 402,873 - 452,761Segment profit (loss) before tax 64,686,241 (1,887,508) (17,526,041) 2,522,439 (8,097,757) - 39,697,374Deferred income tax - - - - 3,368,556 - 3,368,556Income tax expense - - - - (2,464,263) - (2,464,263)Segment profit (loss) 64,686,241 (1,887,508) (17,526,041) 2,522,439 (7,193,464) - 40,601,667Intersegment sales are performed in accordance with the transfer pricing policy.184 • FINANCIAL STATEMENTS Annual report for <strong>2012</strong>Annual report for <strong>2012</strong>FINANCIAL STATEMENTS • 185