According to the report released by the United Financial Group, the estimated net profit of YUKOS, in accordance with the US GAAP, decreased by 24.6 percent to $436m in the first quarter of 2002 compared to the corresponding period of last year ($579m in the period from January to March 2001). The oil company's EBITDA amounted to $663m, which was 34.2 percent lower than in the first three months of 2001 when it was $1.008bn. According to preliminary estimations, the combined sales volume was $2.005bn in the first quarter of 2002, which was 15.43 percent less than in the period from January to March 2001, when it was some $2.371bn. Moreover, the United Financial Group estimated YUKOS' net profit for 2002 at $2.362bn, which is $1.13 per share, and at $2.805bn in 2003, which is $1.33 per share. According to preliminary estimations, EBITDA will amount to $3.451bn in 2002 and to $4.109bn in 2003. The combined volume of sales is expected to be $9.624bn in 2002 and $9.99bn in 2003. As it was reported earlier, YUKOS' net profit, according to the US GAAP, was $3.348bn, and EBITDA amounted to $3.824bn in 2001. The oil company plans to posts official results for the first quarter of 2002 at the end of August or at the beginning of September 2002.