Lukoil Net Income Rose by 34.2%
OREANDA-NEWS. LUKOIL publishes nine-month 2006 consolidated US GAAP financial accounts.
LUKOIL net income was $6,442 million in 9M 2006, which is an increase of 34.2% y-o-y. EBITDA was $10,178 million, which is 32.9% higher y-o-y. Revenue from sales rose by 27.9% to $51,459 million.
The Company’s tax expenses totaled $18.1 billion, up 36.8% y-o-y.
Capital expenditures including non-cash transactions were $4,552 million, which is an increase of 55.0% y-o-y. Upstream CAPEX rose by 64.0% while downstream CAPEX increased by 24.8%.
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