Gazprom came out of the red, but not with the help of gas.
The gas giant reported the nine months of the year under RAS - and showed a net profit of 114 against a net loss of 170.3 billion.
True, the main source was the revaluation of investments - last year it provided 704 billion rubles of expenses, and this year already 37 billion rubles of income. At the same time, the company's subsidiaries decreased in revenue - from 466.5 billion rubles to 249.
At the same time, the interest payable simply eats up sales profits - 364 billion versus 373 billion rubles. So overall, the report looks like a rebound from a low base; Real operating results look much more modest.