CONSENSUS: Rosneft's IFRS net profits fall 29% in Q1
MOSCOW. April 29 (Interfax) - Analysts expect that Rosneft's net profits to International Financial Reporting Standards (IFRS) fell 29% year-on-year to $2.55 billion in Q1 2013.
According to experts polled by Interfax, Q1 revenue came to $26.3 billion, up 9% year-on-year, and earnings before taxes, depreciation and amortization (EBITDA) were down 6% to $5 billion.
Rosneft will publish its financial results to IFRS for Q1 2013 on April 30.
The Russian state-owned oil company finished acquiring 100% of TNK-BP in Q1.
| Q1 2013 | $ bln | ||
| Company | Revenue | EBITDA | Net profit |
| Renaissance Capital | 26,046 | 5,200 | 2,600 |
| Region | 26,908 | 5,003 | 2,514 |
| JP Morgan | 26,508 | 4,745 | 2,188 |
| Otkritie | 26,242 | 4,970 | 2,614 |
| Deutsche Bank | 25,757 | 5,033 | 2,836 |
| Consensus | 26,292 | 4,990 | 2,550 |
| Q1 2012 | 24,144 | 5,326 | 3,615 |
| Change (%) | 8,9 | -6,3 | -29,4 |
