Nlmk · RUS:NLMK
Nlmk — 9M 2005 Earnings Presentation
10 slides from Nlmk's earnings presentation, December 2005
Slide 1: 9 month 2005 Financial & Production Results Presentation
NLMK 9 month 2005 Financial & Production Results Presentation US GAAP Consolidated Financial Statements December 2005 Презентация результатов работы по итогам 1 квартала 2005 года 1
Slide 2: Key Financial Highlights
Key Financial Highlights NLMK change 9 month 04 9 month 05 (millions of US dollars) +/- % Net sales 3 215 3 388 173 5% Gross profit 1 681 1 629 -52 -3% - as % of net sales 52% 48% Operating profit 1 565 1 433 -132 -8% - as % of net sales 49% 42% Pre-tax profit 1 716 1 460 -256 -15% - as % of net sal
Slide 3: Key Performance Indicators
Н ЛМК Key Performance Indicators NLMK Net sales EBITDA, as % of net sales 5 000 4 539 4 000 70% 56% 58% 3 500 60% 4 000 48% 3 388 3 000 millions of US dollars millions of US dollars 3 215 2 551 50% 41% 3 000 2 500 35% 2 468 40% 1 856 2 000 1 627 2 000 1 712 30% 1 500 1 002 1 000 20% 1 000 604 500 10
Slide 4: Consolidated Balance Sheet
Н ЛМК Consolidated Balance Sheet NLMK Assets As of Dec. As of Sept. change (millions of US dollars) 31, 2004 30, 2005 +/- % Current assets 2 587 3 263 675 26% - share (%) 50% 55% Non-current assets 2 578 2 704 125 5% - share (%) 50% 45% Total assets 5 166 5 967 801 16% Liabilities & Stockholders' eq
Slide 5: Financial Highlights
Н ЛМК Financial Highlights NLMK Return on equity & return on assets Liquidity measures 60% 7 52% 6,0 50% 46% 6 5,5 43% 4,9 4,8 38% 5 4,5 40% 4,2 4,0 3,8 28% 4 30% 25% 3 19% 20% 17% 2 10% 1 0% 0 2002 2003 2004 9 m onth 05 2002 2003 2004 9 m onth 05 Return on equity (ROE) Return on assets (ROA) Curren
Slide 6: Consolidated Cash Flow Statement
Н ЛМК Consolidated Cash Flow Statement NLMK change 9 month 04 9 month 05 (millions of US dollars) +/- Net income 1 295 1 046 -249 Operating activities - Adjustments to reconcile to net cash provided by -132 50 operating activities - Depreciation and amortization 174 211 - Changes in operating assets
Slide 7: Financial Highlights
Н ЛМК Financial Highlights NLMK Net cash inflow from operating activities Net increase in cash & cash equivalents 1 800 1 669 2000 1 600 584 1 400 1 182 1500 millions of US dollars millions of US dollars 1 200 619 937 1 000 1000 800 668 600 497 347 400 500 200 194 0 0 2002 2003 2004 9 m onth 04 9 m
Slide 8: Financial Highlights
Н ЛМК Financial Highlights NLMK Capital expenditure Depreciation 300 450 421 244 400 250 211 350 millions of US dollars millions of US dollars 300 269 200 174 239 158 146 250 150 200 173 154 150 100 100 50 50 0 0 2002 2003 2004 9 m onth 04 9 m onth 05 2002 2003 2004 9 m onth 04 9 m onth 05 Operating
Slide 9: Production Highlights
Н ЛМК Production Highlights NLMK change 9 month 04 9 month 05 (thousands of tonnes) +/- % Pig iron 6 723 5 730 -993 -15% Steel 6 908 6 183 -725 -10% BOF steel 6 880 6 155 -725 -11% - share (%) 99,6% 99,5% EAF steel 28 29 0,2 1% - share (%) 0,4% 0,5% Finished steel products 6 497 5 799 -698 -11% Flat
Slide 10: Production Highlights
Н ЛМК Production Highlights NLMK Pig iron production Steel production 10 000 10 000 9 123 8 994 8 854 8 623 8 553 8 047 8 000 8 000 6 723 6 908 thousands of tonnes thousands of tonnes 6 183 5 730 6 000 6 000 4 000 4 000 2 000 2 000 0 0 2002 2003 2004 9 m onth 04 9 m onth 05 2002 2003 2004 9 m onth 0