Source Pravda.Ru

YUKOS posts net profit of $947 million in 2001

Net profit of YUKOS, a Russian oil company, according to Russian accounting standards, was RUR29.6 billion (around $946.9 million) in 2001, an increase of 312 per cent from the figure of 2000, according to the information disclosure system of the National Association of Stock Market Participants of Russia. Non-production revenues of YUKOS were RUR34.1 billion (around $1.09 billion) in 2001, an increase of 114 per cent as compared to 2001, while operating revenues dropped 22 per cent to RUR28.4 billion (around $908.5 million). The costs of the company decreased 17 per cent to RUR18.18 billion (around $581.6 million) in 2001. Additionally, the company's fixed assets rose 147 per cent to RUR8,44 billion (around $270 million), non-current assets increased 29 per cent to RUR64.2 billion (around $2.05 billion). At the same time, the company's current assets dropped 16 per cent to RUR54.42 billion, YUKOS' debt decreased 26.6 per cent to RUR30.57 billion (around $977.9 million), while the company's receivables rose 11 per cent to RUR86.11 billion (around $2.75 billion).

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Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases