According to preliminary information, net consolidated income of the Tyumen Oil Company (TNK) calculated in accordance with US GAAP amounted to $1.2bn in 2002, Andrey Kushnaryov, the head of the company's investor department, told RBC. According to him, the company's revenue in 2002 grew by 3-5 percent to $5.5bn, compared to $5.17bn in 2001.
In 2001, TNK's net income was $1.21bn. Expenses amounted to $3.69bn.
In the first nine months of 2002, the company's net income was $830m in accordance with GAAP. This year TNK is planning to increase its oil production to 41m tons. Some 50 percent of oil and oil products are to be exported.
Not that long ago, American soldiers would train their skills to counter insurgent and partisan military organizations. These days, they are trained to show resistance to the regular army of a potential adversary