MOSCOW (Reuters) - Rosneft , Russia's No. 1 oil producer, said on Wednesday its 2013 net income rose 51 percent to 551 billion roubles ($15.6 billion), outperforming analyst forecasts, after the company bought oil firm TNK-BP.
Analysts, polled by Reuters, had expected full-year net income at 511 billion roubles.
The company's free cash flow was 201 billion roubles excluding prepayments for long-term delivery contracts.
Last year revenue increased 52 percent to 4.69 trillion roubles, the company said in a statement.
Earnings before interest, taxation, depreciation and amortization (EBITDA) rose 53 percent to 947 billion roubles, compared to a Reuters poll of 948 billion roubles.
(Reporting by Katya Golubkova)
