Vostok Nafta: VOSTOK NAFTA INVESTMENT LTD. NINE MONTHS REPORT COVERING THE PERIOD JANUARY 1, 2007–SEPTEMBER 30, 2007


- Net result for the period was USD 103.89 mln (Jan 1, 2006–Sep 30, 2006: 0.40). Earnings per share was USD 2.26 (0.01). Net result for the quarter was USD 64.37 mln (Jul 1, 2006–Sep 30, 2006: –13.57). Earnings per share for the quarter was USD 1.40 (–0.29).

- The net asset value of the company was USD 624.97 mln (Dec 31, 2006: 385.04) on September 30, 2007, corresponding to USD 13.58 (8.37) per share. Given a SEK/USD exchange rate of 6.44 the corresponding values were SEK 4,023.51 mln and SEK 87.43, respectively.

- The group’s net asset value per share in USD increased by 62.17% (excluding effect from proceeds from new share issue: +17.61%) over the period January 1, 2007–September 30, 2007. During the same period the RTS-index increased by 7.80% in USD terms. Over the period July 1, 2007–September 30, 2007 the Group’s NAV per share increased by 11.96% (RTS-index +9.17%).

- The number of outstanding shares at the end of the period was 46,020,901.

- The net asset value per share of Vostok Nafta as of October 31, 2007 was USD 15.06 (SEK 95.66).

 

(For complete interim report see attached file)

 


Attachments