JSC "Gazprom Gazoraspredelenie Ufa" increased net profit by 20.5 percent in 2014

Elvira Latypova

UFA, 6 April 2015. /Bashinform News Agency, Elvira Latypova/. JSC "Gazprom Gazoraspredelenie Ufa" completed the year of 2014 with a net profit of 265.9 million rubles, exceeding the result of 2013 by 20.5 percent, as follows from the financial statements of the company according to RAS.

Revenues amounted to 6.9 billion rubles (plus 8 percent to 2013), including almost 5.4 billion rubles received from transportation services of the piped gas. Cost of sales was 5.7 billion rubles (plus 9 percent). Gross profit was formed in the amount of 1.25 billion rubles (plus 4 percent), sales profit - 510.3 million rubles (plus 7.3 percent), the profit before tax - 409.1 million (plus 21 percent).

The accounts payable of the company rose to 658.6 million rubles - from 548.4 million at the beginning of last year. The accounts receivable increased to 482.3 million rubles - from 289.8 million on January 1, 2014.

The volume of natural gas in 2014 amounted to 14.03 billion cub. m, including to individuals - 1.84 billion, industrial consumers - 12,19 billion.

JSC "Gazprom Gazoraspredelenie Ufa" is a successor of "Gas Service", the single in Bashkortostan gas distribution organization. The length of pipelines in the service area is 45.8 thousand kilometers. The authorized capital is 3,510,820 rubles. As of January 12, 49.99 percent stake is owned by JSC "Gazprom Raspredelenie", 43.61 – by JSC "Regional Fund".

#gazprom #gazoraspredelenie #ufa #annual results

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