OREANDA-NEWS. Gazprom’s net profit attributable to the company's shareholders at the end of 2019 amounted to 1.203 trillion rubles, which is 17% less than a year earlier, follows from the company's report prepared in accordance with international financial reporting standards (IFRS).

Over the year, the indicator decreased by 253.383 billion rubles (it was 1.456 trillion rubles). Gazprom's revenue from sales for the year amounted to 7.66 trillion rubles. (minus 7% compared with the previous year), including 3.8 trillion rubles from gas sales (minus 12%).

The decline in revenue in the company was explained, first of all, by a decrease in the volume of gas sold to Europe and other countries (by 4% or 10.9 billion cubic meters), and a drop in prices for it (on average by 12% in rubles and 15 % in dollars). Gazprom's net debt increased over the year by 5%, or by 153.444 billion rubles and amounted to 3.168 trillion rubles.