EVRAZ

Evraz subsidiaries are located in 19 time zones.
Evraz annual railway shipments equal 45 million tonnes of raw materials and steel products.
By 2006 more than 1.5 billion tonnes of iron ore were extracted in Kachkanarsky Ore Mining and Processing Enterprise.

Annual Annual Interim Interim

US$m, unless otherwise shown, IFRS	2008	2007	2006	2005	2004
Income statement
Revenues	20,380	12,859	8,292	6,508	5,933
Cost of revenues	(13,308)	(7,976)	(5,163)	(4,172)	(3,514)
Gross profit	7,072	4,883	3,129	2,336	2,447
SG&A	(1,814)	(1,220)	(737)	(648)	(539)
EBITDA⁽¹⁾	6,323	4,305	2,642	1,859	2,017
EBITDA margin	31%	33%	32%	29%	34%
Profit from operations	3,720	3,468	2,298	1,582	1,837
Profit before tax	3,143	3,125	2,087	1,528	1,722
Net profit⁽²⁾	1,868	2,103	1,377	918	1,180
Earning per share/GDR⁽³⁾, $	15.13 / 5.04	17.62 / 5.87	11.66 / 3.87	8.14 / 2.71	11.00 / 3.67
Balance sheet
Total assets	19,448	18,637	8,510	6,754	4,253
Net debt⁽⁴⁾	9,031	6,404	1,728	1,693	1,073
Equity	4,729	5,950	4,066	2,708	1,609
Minority interests	245	406	169	179	358
Cashflow statement
Cashflow from operating activities	4,569	2,994	2,084	1,496	946
Cashflow used in investing activities	(3,736)	(5,650)	(1,569)	(1,753)	(817)
including Capex	(1,103)	(744)	(651)	(695)	(534)
Cashflow from/(used in) financing	(127)	2,112	(341)	607	(36)
Sales volume⁽⁵⁾, ‘000 tonnes	17,144	16,439	16,000	12,860	13,111

US$m, unless otherwise shown, IFRS	1H 2009	1H 2008	1H 2007	1H 2006	1H 2005
Income statement
Revenues	4,639	10,723	6,018	3,825	3,632
Cost of revenues	(4,297)	(6,616)	(3,724)	(2,517)	(2,251)
Gross profit	342	4,107	2,294	1,308	1,381
SG&A	(595)	(960)	(492)	(346)	(334)
EBITDA⁽¹⁾	468	3,706	2,050	1,096	1,119
EBITDA margin	10.1%	34.6%	34.1%	28.7%	30.8%
Profit from operations	(1,046)	3,056	1,745	934	1,005
Profit before tax	(1,260)	2,889	1,625	848	985
Net profit⁽²⁾	(999)	2,039	1,122	568	612
Earning per share/GDR⁽³⁾, $	(7.55)/ 2.52	16.12/ 5.37	9.52/ 3.17	4.86 / 1.62	5.65 / 1.88
Balance sheet
Total assets	23,115	24,234	14,446	7,432	5,504
Net debt⁽⁴⁾	7,783	9,031	4,743	1,833	736
Equity	9,884	7,233	5,073	3,445	2,857
Minority interests	309	374	119	217	299
Cashflow statement
Cashflow from operating activities	1,123	2,449	1,651	904	727
Cashflow used in investing activities	380	(3,166)	(3,636)	(1,036)	(657)
including Capex	(203)	(528)	(235)	(262)	(280)
Cashflow from/(used in) financing	(1,775)	1,304	1,525	(45)	316
Sales volume⁽⁵⁾, ‘000 tonnes	6,823	9,473	8,466	8,344	6,750

(1) Adjusted EBITDA represents profit from operations plus depreciation and amortisation, impairment of assets and loss (gain) on disposal of PP&E.
(2) Attributable to equity holders of the parent entity.
(3) 1 share represents 3 GDRs.
(4) Net Debt represents long-term loans, net of current portion, plus short-term loans and current portion of long term loans less cash and cash equivalents (excluding restricted deposits).
(5) Steel segment sales volume.

AnnualAnnual InterimInterim

29.01.2010 | File

Deutsche Bank 8th Annual Russia One-on-One Conference, London
Download (PDF | 1023Kb)