The Russian-British joint oil venture's earnings rose 97% in the reporting period, to 216.86 billion rubles (about $8 billion), while the prime cost of its products grew 120%, to 114.02 billion (about $4.2 billion)
Gross profit rose 70%, to 102.84 billion rubles (about $3.8 billion), and operating profit was up 1.39%, to 20.77 billion rubles (about $769 million)
The holding's payables increased to 199.92 billion rubles (about $7.4 billion) from 172.99 billion rubles (about $6.4 billion), and accounts receivable rose to 10.41 billion rubles (about $385 million) from 8.75 billion rubles (about $324 million).
TNK-BP earlier said its non-consolidated net profits calculated to Russian Accounting Standards totaled 59.3 billion rubles (about $2.07 billion) in 2005
Established in 2003 after a merger between several Russian oil companies and BP's oil assets in Russia and Ukraine, TNK-BP is owned on a parity basis by BP, AAR consortium of Russia's Alfa Group, Access Industries and Renova. TNK-BP produced more than 75 million metric tons of oil (1.5 million bbl/d) in 2005.
