Rosneft registers record losses from currency differences

In the third quarter, the net profit of Rosneft" decreased 141 times to 1 billion rubles, the company’s report under IAS shows. According to the company’s report under IAS for the third quarter and the first nine months of 2013, a year earlier, the rate made up 141 billion rubles. However, 1 billion rubles is the share of minority shareholders and affiliated companies, i.e. Rosneft made zero, says a senior analyst of Alfa Bank, Alexander Kornilov. But that is not bad anyway. The average forecast of analysts, polled by the Reuters, predicted the net loss in the amount of almost 4 billion rubles.