Oil Refineries Announces Financial Results for Third Quarter and Nine M...(d Audited Revenues 16...)

Revenues 16,248,209 16,705,845 5,807,214 5,452,608 21,734,553

Cost of sales,

refining and

services 14,999,682 15,748,614 5,468,311 5,320,488 20,584,260

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Gross profit 1,248,527 957,231 338,903 132,120 1,150,293

Selling expenses 96,965 70,245 37,020 23,624 94,634

General and

administrative

expenses 215,121 167,253 64,789 52,614 222,104

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Operating income 936,441 719,733 237,094 55,882 833,555

Financing (income)

expenses, net 80,309 91,814 (3,266) 23,333 106,589

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856,132 627,919 240,360 32,549 726,966

Privatization

Grant (118,529) - - - -

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Income before

taxes on income 737,603 627,919 240,360 32,549 726,966

Taxes on income 204,202 180,564 64,220 8,491 221,539

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533,401 447,355 176,140 24,058 505,427

Company's share

in income (losses)

of affiliated

companies 22,165 21,501 2,002 (129) 32,570

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Net income for the

period 555,566 468,856 1 78,142 23,929 537,997

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