Investor Presentaiton
FINANCE EXPENSES
ROSNEFT
INDICATOR, RUB BN
Q4'21
Q3 '21
%
12M '21
12M '20
%
1.
Interest accrued¹
79
74
6.8%
283
264
7.2%
2.
Interest paid and offset²
74
67
10.4%
265
259
2.3%
3.
Change in interest payable (1-2)
5
7
(28.6)%
18
5
> 100%
4.
Interest capitalized³
40
37
8.1%
142
131
8.4%
ம்
5.
Net loss from operations with financial derivatives4
11
(100)%
Increase in provision due to the unwinding of a
6.
7
6
16.7%
discount
25
25
24
4.2%
7.
Interest on prepayments under long-term oil and
petroleum products supply contracts
10
11
(9.1)%
ज
45
42
42
7.1%
8.
Change in fair value of financial assets
5
1
> 100%
12
Increase in loss allowance for expected credit losses
9.
1
1
3
8
(62.5)%
on debt financial assets
10.
Other finance expenses
1
3
2
50.0%
Total finance expenses
63
56
12.5%
229
220
4.1%
(1-4+5+6+7+8+9+10)
36
Note: (1) Interest accrued on credits and loans and other financial obligations. (2) Interest is paid according to the schedule. (3) Interests paid shall be capitalized in accordance with IAS 23 standard
Borrowing Costs. Capitalization rate is calculated by dividing the interest costs for borrowings related to capital expenditures by the average balance of loans. Capitalized interest shall be calculated
by multiplying average balance of construction in progress by capitalization rate. (4) Net effect on operations with financial derivatives was related to FX component fluctuations of cross-currency
interest rate swaps.View entire presentation