Key financial and operating data

NLMK Group’s financial results are presented based on consolidated financial statements prepared under IFRS (historical data until 2013 under US GAAP). Data is presented based on published statements for 3M, 6M, 9M and 12M. Quarterly figures are obtained by computational method.

Income statement 2011 2012 2013 2014 2015 
Sales revenue 11,729 12,157 10,818 10,396 8,008 
Net income attributable to NLMK
stockholders***
1,315 596 145 773 967 
EBITDA 2,254 1,900 1,480 2,381 1,948 
EBITDA margin 19% 16% 14% 23% 24% 
Operating cash flow
1,315 1,825 1,333 1,806 1,948 
Investments
2,048
1,453 756 563 595 
Net debt
3,355 3,574 2,736 1,598 1,091 
Base dividend per share (USD) 0.0627 0.0193 0.0192 0.0507 n/a

Operating performance, '000 t 2011 2012 2013 2014 2015 
Steel production 11,968 14,923 15,429 15,921 15,866 
Total steel sales 12,840 15,184 14,831 15,126 15,863 
Finished steel production 8,664 10,607 10,469 10,196 10,018   
- flat steel 7,137 8,901 8,485 7,873 7,855   
- long products 1,526 1,706 1,984 2,323 2,163   
High value-added steel sales
4,508
5,428 5,223 4,730 4,597   

Other operating perfomance indicators 2011 2012 2013 2014 2015 
Employees, '000 60 62.5 62.1 60.1 56.7 
Atmospheric emissions, kg per tonne of steel 26.1 22.6 21.9 21.1 20.9 
Labour productivity, t of steel per pers 329 406 420 437 463 
LTIFR (NLMK Russian assets) 0.87 0.87 0.86 0.55 0.43 

Notes:

* 2010-2012 results are presented in accordance with US GAAP; 2013-2014 results are presented in accordance with IFRS

** For 2010-2012, net income attributable to NLMK shareholders