In accordance with the consolidated financial indexes of OAO «SIBUR Holding» for 2008, the profit yield of company as compared to a previous period was increased on 21,6% to 173,5 milliard of roubles, index EBITDA grew on 22,6% to 40,7 milliard of roubles. A net income here went down on 29,2% and made 16 milliards of roubles. Among factors which resulted in the decline of net income, it is possible to select the increase of the general tax loading, growth of charges on payment of percents on credits, and also losses from operations, constrained
with the substantial change of courses of currencies.General volume of investments, directed on expansion and modernization of production, in 2008 attained 33,6 milliards of roubles, that is maximal a size in all history of development of company. Among most large realized
projects it is possible to mark expansion of power Nizhnevartovskogo and Belozernogo gazopererabatyvayuschikh factories. Project works are continued on building of complexes on the production of polypropylene in Tobolsk and polivinilkhlorida in Nizhegorodskoy of area, to expansion
Yuzhno-balykskogo GPZ. Attitude of net debt toward EBITDA, on being in an end 2008 years, remains at low level (coefficient 0,95), creating favourable terms for the increase of the promissory loading in 2009. In 2008 a company charged extra a remain on dividends
on results 2007 in size of a 5,5 milliard of roubles, and also intermediate dividends on results nine months 2008 years in size of a 8,7 milliard of roubles. Payment of annual dividends in connection with worsening of financial results in 4 quarters of 2008 is not assumed.For passing
year configuration of assets of company did not suffer considerable changes. Among major events it is possible to mark a decision-making about an exit from methanol business and purchase of the minoritarnykh share holdings in daughter’s companies of company. «In the first half of previous
years industry was on the nosedive of the price state of affairs, however in the last months of period covered our company, as well as all n
at the maintainance of profitability».
