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Depreciation Policy Impact On Cost Effectiveness Indicators Of The Oil-Field Development

Table 1:

Indicator Linear method Accrual method
Duration of exploitation, years
- project period 68 68
- profitable period 40 39
Oil production, thousand tons
- project period 3726,3 3726,3
- profitable period 3475,7 3443,6
Revenue from oil sales, mln. rub.
- project period 69068,3 69068,3
- profitable period 63611,3 62934,7
Capital investments, million rubles
- project period 9737,3 9737,3
- profitable period 8756,0 8708,4
Net profit, mln. rub.
- project period 13943,9 13867,5
- profitable period 15525,6 15895,7
Depreciation, million rubles
- project period 4944,0 4944,0
- profitable period 4944,0 4452,4
Cash inflow balance, mln. rub.
- project period 9150,7 9074,3
- profitable period 11713,7 11576,8
Net present value of the project, million rubles
- project period 875,72 817,79
- profitable period 875,75 817,82
Share of mineral extraction tax deductions in revenue,%
- project period 32,26 32,26
- profitable period 32,66 32,70
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