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This is the expense the company spent on research and development. OAO Gazprom's research and development for the three months ended in Mar. 2014 was $123 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2014 was $364 Mil.
This is the expense the company spent on research and development.
OAO Gazprom Research & Development for the trailing twelve months (TTM) ended in Mar. 2014 was 0 (Jun. 2013 ) + 78.6940686785 (Sep. 2013 ) + 161.86264308 (Dec. 2013 ) + 123.152965661 (Mar. 2014 ) = $364 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
OAO Gazprom Annual Data
|Research & Development||0||0||0||403||519||742||628||767||514||435|
OAO Gazprom Quarterly Data
|Research & Development||386||137||167||144||66||123||0||79||162||123|