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FINANCIAL HIGHLIGHTS 2007 PowerPoint Presentation
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FINANCIAL HIGHLIGHTS 2007

FINANCIAL HIGHLIGHTS 2007

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FINANCIAL HIGHLIGHTS 2007

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  1. FINANCIAL HIGHLIGHTS 2007 COMMENTS 2007 2006 BLN RUR 142651 28 896 20% 22 265 16% 4 318 1 039 23 174 19 232 22 932 (27 467) 5 698 121 933 28 179 23% 21 358 18% 3 584 847 9 874 7 070 11 493 (7 156) (3 581) Sales Operating profit Operating profit margin Net profit Net profit margin Depreciation Interest expenses Debt ** Net Debt *** Net cash from operating activities Net cash used in investing activities Net cash from (used in) financing activities • Sales in 2007 rose by 17% compared with the previous year • SIBUR posted higher sales volumes for almost all product groups with increases in price due to continued strong demand • Operating profit and net profit increased to a new record high • Margins were negatively impacted primarily by the following factors: • Higher raw materials costs • Increased electricity/transport tariffs • Belozerny GPP breakdown • Labor costs inflationary pressure • Higher depreciation and interest expenses • At the same time, management ongoing optimization program allowed to mitigate the negative factors significantly • Operating cash flow increased by almost 100% * • Debt in 2007 grew by RUR13,8 billion, as the result of increased CAPEX program financing and acquisitions made P&L DEBT CASHFLOW * – in 2006 the Company’s operating cash flow was understated by RUR 6,6 billion due to classification of deposits held with banks as “Other current operating assets” (used in working capital calculation) ** - total liabilities – accounts payable – taxes payable – advances received - deferred taxes liabilities *** - Debt – cash and cash equivalents Sources: IFRS