Net profit fell 13 times due to exchange rate differences

Net profit fell 13 times due to exchange rate differencesNet profit of Gazprom under RAS for the first nine months of this year fell 13 times compared to last year's figures, to 35.7 billion rublesIn the report mentioned that the financial result is affected by the display at the expense exchange rate differences due to the sharp weakening of the ruble, and reflected in the cost of accrual of allowance for doubtful debts in the amount of 256,8 billion rublesFor the six months of 2014, Gazprom received 154,9 billion rubles of profit. Thus, in the third quarter of 2014, the company has incurred a loss under RAS approximately 119 billion rublesWhile the company's revenue in January-September 2014 rose to 2,861 trillion rubles from 2.8 trillion rubles a year earlier.

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