Consolidated Statement of Profit and Loss and Other Comprehensive Income

Currency – ₽ millions (except per share data)

Notes Year ended 31 December 2018 Year ended 31 December 2017
Revenue
Crude oil, gas and petroleum products sales 2,418,717 1,870,790
Other revenue 70,575 63,799
Total revenue from sales 39 2,489,292 1,934,589
Costs and other deductions
Purchases of oil, gas and petroleum products (617,306) (456,037)
Production and manufacturing expenses (228,618) (216,530)
Selling, general and administrative expenses (114,882) (106,629)
Transportation expenses (147,182) (141,982)
Depreciation, depletion and amortisation (175,451) (140,998)
Taxes other than income tax 21 (652,784) (492,269)
Export duties (94,916) (76,658)
Exploration expenses (1,411) (963)
Total operating expenses (2,032,550) (1,632,066)
Operating profit 456,742 302,523
Share of profit of associates and joint ventures 13 90,704 45,504
Net foreign exchange loss 29 (33,558) (241)
Finance income 30 7,506 10,098
Finance expense 31 (21,476) (25,127)
Other loss, net 28 (19,796) (7,557)
Total other income 23,380 22,677
Profit before income tax 480,122 325,200
Current income tax expense (59,585) (43,695)
Deferred income tax expense (19,544) (11,827)
Total income tax expense 32 (79,129) (55,522)
Profit for the period 400,993 269,678
Other comprehensive income - may be reclassified to profit or loss
Currency translation differences 36,937 15,603
Cash flow hedge, net of tax 33 14,630 18,434
Other comprehensive income 95 28
Other comprehensive income 51,662 34,065
Total comprehensive income for the period 452,655 303,743
Profit attributable to:
Gazprom Neft shareholders 376,667 253,274
Non-controlling interest 24,326 16,404
Profit for the period 400,993 269,678
Total comprehensive income attributable to:
Gazprom Neft shareholders 416,399 279,461
Non-controlling interest 36,256 24,282
Total comprehensive income for the period 452,655 303,743
Earnings per share attributable to Gazprom Neft shareholders
Basic earnings (₽ per share) 79.84 53.68
Diluted earnings (₽ per share) 79.84 53.68
Weighted-average number of common shares

outstanding (millions)

4,718 4,718