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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 Dec. 2013 was $172 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $386 Mil.
This is the expense the company spent on research and development.
OAO Gazprom Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 130.473290894 (Mar. 2013 ) + 0 (Jun. 2013 ) + 83.7254359258 (Sep. 2013 ) + 172.211458622 (Dec. 2013 ) = $386 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||429||552||789||669||816||547||463|
OAO Gazprom Quarterly Data
|Research & Development||124||410||145||178||153||71||130||0||84||172|