BUSINESSWEEK ONLINE : OCTOBER 30, 2000 ISSUE
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INTERNATIONAL -- EUROPEAN BUSINESS

Petro Profits


How Russia is spending an estimated $23.8 billion windfall

TAXES                                   $8.1 billion

INFLATION                               $7.9 billion

LOAN REPAYMENTS,
INCREASED CASH ACQUISI-
TIONS, & CAPITAL FLIGHT
TO FOREIGN SOURCES                      $4.7 billion

DIVIDENDS                               $1.6 billion

CAPITAL EXPENDITURES                    $1.5 billion


Note: Data for Russian oil industry only, not
foreign oil company operations in Russia.

DATA: UNITED FINANCIAL GROUP


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RELATED ITEMS
The Oil Gods Are Smiling on Russia (int'l edition)

CHART: On the Rise

TABLE: Petro Profits



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