> About TATNEFT – Financial activity

Financial activity Print version

I. INDICATORS OF THE COMPANY’S SHAREHOLDER VALUE

№	Main indicators	National measurement units	International measurement units*
1.1.	Capitalization as for December 31, 2008**	RUR 115,2 billion	USD 3,9 billion
1.2.	Value of an ordinary share	RUR 52,88	USD 1,80
1.3.	Dividends as per the results of the Company work in 2007	RUR 13,1 billion	USD 447,4 million
1.4.	Planned dividends as per the results of the Company work in 2008***	RUR 10,3 billion	USD 305,3 million
1.5.	Number of shares, in total	2 326 199 200
	Incl.:
	Ordinary shares	2,178,690,700
	Privileged shares	147 508 500
1.6.	Number of depositary receipts, issued for shares of OAO Tatneft (1 depositary receipt: 20 shares)	31 051 636

II. Indicators of production status of the company

№	Main indices	National measurement units	International measurement units*
	Oil and gas producing complex
2.1.	Volume of the proved oil reserves as for the 1st of January, 2009 (acc. to estimate of Miller&Lents)	878,2 million tons	6 255,4 million barrels
2.2.	Volume of oil production	25,766 million tons	183,53 million barrels
2.3.	Average daily production	70,4 tons	501,5 thousand barrels
2.4.	Average oil production rate of active producing wells for OAO Tatneft	4.2 tons per day	29,9 barrel/day
2.5.	Average production rate of new wells for OAO Tatneft	8.8 tons per day	62,7 barrel/day
2.6.	Volume of associated petroleum gas	762,1 milion m3
2.7.	Production of gas liquids	288,3 thousand tons
2.8.	Performance stock of producing wells	21 751 wells
2.9.	Active stock	19 752 wells
2.10.	Scope of drilling for OAO Tatneft, in total, incl.:	502,8 thousand meters
	Development drilling	451,4 thousand meters
	Exploration	51,4 thousand meters
	Petrochemical complex
2.11.	Volume of carbon black production	RUR 108,9 million
2.12.	Volume of commercial carbon black of OAO Nizhnekamsktekhuglerod	RUR 2,100 billion	USD 71,48 million
2.13.	Volume of commercial products of OAO Nizhnekamskshina	RUR 7,3 billion	USD 248,5 million
2.14.	Total volume of commercial petrochemical output	RUR 25,1 billion	USD 854,3 million
	Infrastructure complex
2.15.	Total length of pipelines of the oilfield system	18 780km
2.16.	Total length of oil-field gas lines	1 989km
2.17.	Total length of water pipelines	19 438km
2.18.	Total length of power lines	15 928km
2.19.	Total number of fuel stations, incl.:	602 pcs
	Fuel stations in Russia	464 pcs
	Fuel stations in the Ukraine	138 pcs
	Use of the property complex
2.20.	Registered on the basis of ownership rights for real estate objects	RUR 7,970 billion	271,3 million
2.21.	Profit from property leasing	RUR 3 163 million	USD 107,7 million
	Indicators on personnel
2.22.	Average number of employees in OAO Tatneft		26,5 thousand persons
2.23.	Number of employees in the Tatneft Group of Companies		70 thousand persons

III. Indicators of commercial activity

№	Main indicators	National measurement units	International measurement
	Deliveries of crude and gas products
3.1.	Oil export (far abroad countries)	14 641,4 thousand tons	105,9 million barrels
3.2.	Oil export (near abroad countries)	1 560,4 thousand tons	11,3 million barrels
3.3.	Delivery of oil to domestic market	8 232,1 thousand tons	59,5 million barrels
3.4.	Gas products delivery	171,1 thousand tons
	Oil and gas products sales
3.5.	Total volume of oil products sales on the Russian Federation and Ukrainian markets	1,803 million tons	547,5 million gallons
3.6.	Volume of gas products sales via the Tatneft’s retail network of fuel filling stations	1,121 million tons	340,4 million gallons
3.7.	Volume of gas products sales via the Tatneft’s retail network of gas filling stations	37 thousand tons
	Sales of the petrochemical complex’ products
3.8.	Shipment of tyres, in total, incl.:		11 254 thousand pcs
3.9.	Export		1 983 thousand pcs
3.10.	Domestic market		9 271 thousand pcs

IV. Financial and Economic Efficiency Indices

№	Main indicators	National measurement units	International measurement units*
	Revenue
4.1.	OAO Tatneft’s proceeds from sales, in total	RUR 218,962 million	USD 7,458 million
4.2.	Oil sales revenue	RUR 190,556 million	USD 6,486 million
4.3.	Oil products sales revenue	RUR 10,049 million	USD 342 million
4.4.	Gas products sales revenue	RUR 1,669 million	USD 57 million
4.5.	Other products sales revenue	RUR 16,688 million	USD 568 million
	Income
4.6.	Income before taxation gained by OAO TATNEFT	50,032 million rubles	USD 1,703 million
4.7.	Income before taxation, with the breakdown by companies of the Petrochemical complex of the Company	RUR 1.7 billion	USD 57 million
4.8.	The net profit of OAO TATNEFT	RUR 34,304 million	USD 1,168 million
	Taxes and Payments to the Budget
4.9.	Taxes and payments to the budget from OAO TATNEFT (w/t export tax): including:	RUR 105,352 million	USD 3586 million
4.10.	Minerals extraction tax (MET)	RUR 77,657 million	USD 2,643 million
4.11.	Income tax	RUR 14,599 million	USD 497 million
4.12.	Added value share in the total volume the OAO TATNEFT manufactured products by		83%
	Balance Sheet Data as of Dec. 31, 2008
	Fixed assets and incomplete construction	RUR 66,292 million	USD 2,256 million
	Long-term financial investments	RUR 47,748 million	USD 1,625 million
	Circulating assets	RUR 126,347 million	USD 4,300 million
	Own capital	RUR 224,155 million	USD 7,630 million
	Total liabilities	RUR 18,131 million	USD 617 million

V. Financial Stability Indices

№	Main indices	National measurement units	International measurement units*
5.1.	Equity level	92.5%	92.5%
5.2.	Net assets	RUR 224,172 million	USD 7,630 million
5.3.	Current liquidity (ratio) as of Dec. 31, 2008		8.8%

VI. Investment Activity Indices

№	Main indices	National measurement units	International measurement units*
6.1.	Total investments amount by OAO TATNEFT	RUR 72,007 million	USD 2,451 million
6.1.1	Investments into oil recovery in the territory of Tatarstan	RUR 21,992 million	USD 746 million
	- drilling	RUR 6,532 million	USD 222 million
	- capital construction	RUR 4,937 million	USD 168 million
	- equipment not included in the construction estimate-sheets	RUR 4,480 million	USD 152.5 million
	- geological and technical activities	RUR 5,897 million	USD 201 million
	- redemption of property, land etc.	RUR 76 million	USD 2.8 million
6.1.2.	Investments into development of retail business	RUR 842 million	USD 28.66 million
6.1.3.	Investments into non-production sphere	RUR 982 million	USD 33.4 million
6.2.	Investments into oil production outside the Republic of Tatarstan	RUR 6,177 million	USD 210 million
6.3.	Investments of the petrochemical complex works	RUR 5,982 million	USD 203.6 million
6.4.	Investments of the service and other works	RUR 983 million	USD 17,8 million
6.5.	Investments into foreign contracts	RUR 2,989 million	USD 101.7 million
6.6.	Investments into construction of the complex of oil refining and petrochemical plants	RUR 32,130 million	USD 1,093.6 million

* The USD exchange rate of the Russian Federation Central Bank as of Dec. 31, 2008 makes RUR 29.38. 1 ton of oil makes 7.123 barrels. The following conversion ratio applies in respect of the oil supplies under the clauses 3.1-3.3, 3.5, 3.6: 1 ton of oil makes 7.23 barrels (1 barrel equals 42 gallons)
** Capitalization as of May 20, 2009 is 9,041 million US dollars
*** The Board of Directors of OAO TATNEFT made a decision to recommend to the General Meeting of the Shareholders to approve payment of dividends for FY 2008 in the amount of 442% by the preferred shares, and in the amount of 442% by the ordinary shares nominal value.
**** OAO TATNEFT presumes that application of the crude oil average price for the period of 12 months fairly reflects its crude oil reserves in the current economic situation, especially taking into account high volatility, which was observed during 2008.

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