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ATAD  OAO TATNEFT  ADS (REPR 6 ORD RUB0.10)

OAO TATNEFT  Currency USD  Standard GDRs
Company



Income Statement  ($ m) 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07
Continuing Operations
Revenue  19245.84 15362.62 12559.32 14551.56 14501.92
Operating Profit/(Loss)  2684.66 2116.16 2458.96 594.53 2548.45
Net Interest  32.81 15.85 20.66 19.00 2.44
Profit Before Tax  2684.66 2116.16 2458.96 594.53 2548.45
Profit After Tax  1999.16 1662.46 1879.70 288.59 1805.43
Discontinued Operations
Profit After Tax  0.00 0.00 0.00 0.00 0.00
PROFIT FOR THE PERIOD  1999.16 1662.46 1879.70 288.59 1805.43
Attributable to:
Minority Interests  -79.53 -130.48 -85.72 -13.07 -43.80
Equity Holders of Parent Company  1919.63 1531.99 1793.98 275.52 1761.64
 
Continuing EPS
Earnings per Share - Basic  84.59¢ 67.68¢ 80.01¢ 12.41¢ 79.37¢
Earnings per Share - Diluted  84.59¢ 67.68¢ 80.01¢ 12.41¢ 79.37¢
Earnings per Share - Adjusted  84.59¢ 67.68¢ 80.01¢ 12.41¢ 79.37¢
Continuing and Discontinued EPS
Earnings per Share - Basic  84.59¢ 67.68¢ 80.01¢ 12.41¢ 79.37¢
Earnings per Share - Diluted  84.59¢ 67.68¢ 80.01¢ 12.41¢ 79.37¢
Earnings per Share - Adjusted  84.59¢ 67.68¢ 80.01¢ 12.41¢ 79.37¢
 
Dividend per Share  0.00¢ 21.64¢ 14.54¢ 23.00¢ 0.00¢

Balance Sheet  ($ m) 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07
Assets
Non-Current Assets
Property, Plant & Equipment  10899.50 7171.43 6328.53 6044.21 6760.48
Intangible Assets  0.00 0.00 0.00 0.00 0.00
Investment Properties  0.00 0.00 0.00 0.00 0.00
Investments  423.19 519.37 481.59 710.73 1315.15
Other Financial Assets  0.00 0.00 0.00 0.00 0.00
Other Non-Current Assets  3434.28 6575.18 5062.26 2295.66 1840.89
  14756.97 14265.98 11872.38 9050.60 9916.52
Current Assets
Inventories  788.84 496.95 385.51 462.45 444.61
Trade & Other Receivables  3210.75 3191.93 2926.75 2154.64 3487.90
Cash at Bank & in Hand  569.44 360.31 821.96 691.73 692.22
Current Asset Investments  293.47 301.85 350.21 510.40 528.22
Other Current Assets  0.00 0.00 0.00 0.00 0.00
  4862.50 4351.03 4484.43 3819.22 5152.95
 
Total Assets  19619.47 18617.01 16356.80 12869.82 15069.46
 
Liabilities
Current Liabilities
Borrowings  -1272.56 -1128.06 -2355.75 -204.85 -199.74
Other Current Liabilities  -1760.60 -1525.29 -1303.15 -844.54 -1364.45
  -3033.16 -2653.35 -3658.90 -1049.39 -1564.18
 
Net Current Assets  1829.34 1697.68 825.52 2769.84 3588.77
 
Non-Current Liabilities
Borrowings  -1930.50 -2462.48 -547.31 -1471.66 -383.39
Provisions  -463.59 -455.86 -1742.61 -463.17 -803.42
Other Non-Current Liabilities  -1585.63 -1539.05 -79.95 -1211.66 -1387.04
  -3979.72 -4457.38 -2369.87 -3146.49 -2573.85
 
Other Liabilities  n/a n/a n/a n/a n/a
Total Liabilities  -7012.88 -7110.73 -6028.77 -4195.87 -4138.03
 
Net Assets  12606.59 11506.28 10328.03 8673.95 10931.44
 
Capital & Reserves
Share Capital  63.47 66.67 67.01 66.51 82.67
Share Premium Account  3028.91 3171.34 3158.74 3149.53 3878.05
Other Reserves  -35.06 -44.05 -75.86 24.47 -132.82
Retained Earnings  9094.66 7910.72 6904.94 5273.65 6908.36
Shareholders Funds  12161.22 11114.40 10064.60 8523.86 10748.31
 
Minority Interests/Other Equity  445.38 391.88 263.43 150.09 183.13
Total Equity  12606.59 11506.28 10328.03 8673.95 10931.44
Ratios - based on IFRS 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07
Continuing Operations
PE Ratio - Adjusted  0.35 0.49 0.36 2.82 1.52
PEG - Adjusted  0.01 -0.03 0.00 -0.03 n/a
Earnings per Share Growth - Adjusted  24.99% -15.41% 544.63% -84.36% n/a
Dividend Cover  n/a 3.13 5.50 0.54 n/a
Revenue Per Share  907.39¢ 726.02¢ 599.49¢ 700.94¢ 699.56¢
Pre-Tax Profit per Share  126.58¢ 100.01¢ 117.37¢ 28.64¢ 122.94¢
Operating Margin  14.02% 13.28% 17.81% 6.32% 15.19%
Return on Capital Employed  15.30% 12.57% 16.56% 5.13% 18.73%
 
Continuing & Discontinued Operations
Dividend Yield  0.00% 65.39% 49.90% 65.71% 0.00%
Dividend per Share Growth  -100.00% 48.85% -36.78% n/a n/a
Net Asset Value per Share (exc. Intangibles)  558.19¢ 510.14¢ 476.61¢ 410.08¢ 517.33¢
Net Gearing  21.66% 29.06% 20.68% 11.55% -1.01%

Data is provided by Morningstar


OAO TATNEFT - Fundamentals

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