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IFRS Financials 3 months 2009

IFRS Financials 3 months 2009. 3m ended 31 March 2009 main trends. Sales dropped 47% due to stoppage of Kirov plant during January and Voronezh plant during January to March 2009 Cost of sales dropped accordingly 46% Administrative and distribution expenses dropped 52% and 39% respectively

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IFRS Financials 3 months 2009

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  1. IFRS Financials3 months 2009

  2. 3m ended 31 March 2009 main trends • Sales dropped 47% due to stoppage of Kirov plant during January and Voronezh plant during January to March 2009 • Cost of sales dropped accordingly 46% • Administrative and distribution expenses dropped 52% and 39% respectively • The level of trade and other receivables, inventories and payables decreased 7%, 31% and 6% respectively due to the seasonality. • The level of the Group’s net debt decreased to 535 mln due to forex.

  3. Consolidated Balance sheet as at 31 March 2009

  4. Consolidated statement of income for the period ended 31 March 2009

  5. Revenue for the 3m ended 31 March 2009

  6. Cost of sales for the 3m ended 31 March 2009

  7. Administrative expenses for the 3m ended 31 March 2009

  8. Distribution expenses for the 3m ended 31 March 2009

  9. Operating expenses for the 3m ended 31 March 2009

  10. Trade and other receivables at 31 March 2009

  11. Trade and other payables at 31 March 2009

  12. Inventory at 31 March 2009

  13. Cash at 31 March 2009

  14. Net debt at 31 March 2009

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