1. ADDRESS TO SHAREHOLDERS, INVESTORS & PARTNERS
Path: Company / ADDRESS TO SHAREHOLDERS, INVESTORS & PARTNERS
... at the Muravlenkovskoye and Novogodneye gas fields. The combination of these factors provided 8% growth of output compared with 2010, which is the best result in the industry.. Last year’s results can be called the best in Gazprom Neft’s entire history —... ... rate on our debt portfolio to 3.4%, while the share of long-term loans grew by 28%. By the end of 2011 our EBITDA-to-net debt ratio was close to 0.6, which is a record level for the Company. Gazprom Neft remains committed to a balanced financial policy...
2. Dividend History
Path: Shareholder Information / Dividend History
The Company paid RUB 21.1 bn in 2011 as dividends in respect of the full financial year of 2010, representing 22% of consolidated net profits (US GAAP standards).... ... the principle that dividend payments should grow in line with the Company’s net profits. The Company’s Regulation on Dividend Policy can be viewed on the Company’s website, as can the history of dividend payments by Gazprom Neft; Paying dividends as quickly...