Slide 1: Presentation of the OJSC MMK Group Q4 and FY 2009 IFRS Financial Statements
Presentation of the OJSC MMK Group Q4 and FY 2009 IFRS Financial Statements The presentation contains selected data from the financial statements of MMK Group. Detailed information is provided in the financial statements of the Group FY 2009 prepared according to IFRS.
Slide 2: MMK Group Income Statement
MMK Group Income Statement Q4 2009 Q3 2009 Change,% Revenue 1,674 1,404 19.2% Operating profit 234 82 185.4% Profit before income tax 257 88 192.0% Profit for the period 219 76 188.2% EBITDA* 670 309 116.8% EBITDA margin 40.0% 22.0% MMK Group EBITDA in 2009 670 50% 600 40% 400 30% 207 309 * EBITDA =
Slide 3: MMK Group's Cash Flows
MMK Group’s Cash Flows Change of cash balance during 2009, USD m Investing activities 735 135 -109 -127 -40 Balance at begin. Income tax refund Financing activities Interest paid working capital of period Change in 219 12 Effect of exchange rate changes 1106 for non-cash operations Balance at end of
Slide 4: MMK Group's Strong Balance Sheet, USD m
MMK Group’s Strong Balance Sheet, USD m 31.12.2009 31.12.2008 Change % Non-current assets, incl. 12 403 10 569 1 834 17,4% Property, plant and equipment 11 276 9 751 1 525 15,6% Other non-current assets 1 127 818 309 37,8% Current assets, incl. 2 430 3 628 -1 198 -33,0% Inventories 856 996 -140 -14,
Slide 5: MMK Group Debt
ММК Group Debt Debt maturity structure MMK Group credit portfolio average interest rate 2009 10,00% 7,87% 39% 5,74% 61% 5,00% 2 118 m USD* 0,00% 2008 2009 Long-term Debt Shot-term Debt Debt repayment schedule As of December 31, 2009 2008 600 535 490 25% 400 374 219 200 138 75% 1 726 m USD* 0 2010 20
Slide 6: MMK Group Liquidity
ММК Group Liquidity Change of ММК Group’s Liquid Assets, m USD 1500 1,418 2009 2008 Change, % 312 1000 983 Cash 165 1,106 - 85.1% 1106 818 500 165 Investments in 0 818 312 162.2% 2008 2009 securities Cash Securities Company’s liquidity remains strong due to significant increase in value of MMK’s inv