According to IFRS, EBITDA of OJSC “Concern Galnaftogaz" for the 1st half of 2008 increased by 3.1 times and amounted to UAH 230.3 mio

According to IFRS, consolidated revenue of OJSC “Concern Galnaftogaz" for the1st H 2008 increased by 92% and amounted to UAH 2 529,7 mio (compared with UAH 1 317,5 mio for the 1st H 2007). Operating EBITDA (operating profit plus amortization and depreciation) increased by 3.1 times to UAH 230.3 mio (compared to UAH 73.9 mio for the 1st H 2007). Net income of the Company increased by more than 6 times for the 1st H 2008 and reached UAH 117.2 mio (UAH 17.9 mio for 1st H 2007).

Total assets as of 30.06.2008 amounted to UAH 2 619.4 mio. Residual value of property, plant and equipment was equal to UAH 1 633.2 mio and grew by 11.9 % comparing with the beginning of the year. Equity of the Company amounted to UAH 956.7 mio.

The Company sold through it's FS network nearly 314 ths tons of oil products.