Capitalization Management Print version

The Capitalization Management System is based on the OAO TATNEFT Capitalization Management Concept scheduled till 2012, approved by the Board of Directors in 2007.

The System includes formation and strengthening of internal corporate mechanisms of the capitalization management, which are aimed at the provision of the Company indices taking into account the risks of the external factors (macroeconomic, industry branch, financial and others).

The principal approach in the development of the OAO TATNEFT Capitalization Management System is the analysis of the domestic industry branch companies' activities for capitalization management, and estimation of the interconnection of capitalization level with dynamics of the main indices of industrial and economic activity.

Capitalization Management System:

1. Program of increasing the efficiency of production management and strengthening of financial and economic state of OAO TATNEFT for the period of 2008-2012.
2. Planning and analysis of the capitalization corporate factors.
3. Estimation of the capitalization management efficiency and distribution of the officials' powers for provision of the capitalization factors.
4. Formation of consolidated financial statements according to the US GAAP standards.
5. Information analysis support of the Company's activity, approved by the Corporate Management and the Information Disclosure Committees.
6. Development of the corporate Internet portal of TATNEFT Group.

Print version