«Zaporizhstal» JSC is publishing its financial statements prepared in accordance with IFRS,for 2013, as well as the main performance factors.
Financial information in this press release is prepared on the grounds of the financial statements, confirmed by KPMG Auditing Company. In accordance with unmodified opinion of the auditors, the financial statements is prepared by «Zaporizhstal» JSC in accordance with IFRS and Law of Ukraine, as well as with the current regulations on provision of annual statements to the securities issuers to the National Securities Commission and to the Securities Market of Ukraine. Financial statements authentically reflect, in all substantial aspects, financial results and financial state of the enterprise as for reported dates.
KEY FINANCIAL FACTORS
| (UAH MILLION) | 2013 | 2012 | CHANGES |
| volume of proceeds from marketing products | 13 579 | 15 560 | – 13% |
| Gross profit | 1 294 | 570 | 127% |
| EBITDA | 1 239 | -818 | 252% |
| Net profit | 8 | -1 605 | 100% |
| Total assets | 14 406 | 13 582 | 6% |
| Disbursement of capital investments | 594 | 450 | 32% |
Rate of return under EBITDA in 2013 made up 9.1%.
«In spite of the unstable situation at the world markets, we preserved the production output volumes; we achieved a substantial progress in realization of the investment projects and could complete 2013 with marked increase in the key financial factors. Our strategy is based on increase of production efficiency, decrease of energy resources consumption and on technical strengthening of our competitiveness»,- the General Director of «Zaporizhstal» Steel Works Rostyslav Shurma noted.
2013 became a successful year for «Zaporizhstal» JSC in all activity branches: it was produced 3 219,2 thousand tons of iron, 3 820,2 thousand tons of steel, 3 224,5 thousand tons of rolled products. In 2013, «Zaporizhstal» JSC decreased consumption of natural gas in the production process for 29 % compared with 2012.
This Press release does not contain enough information to be considered as a complete financial statement. You can find out more about the financial statement in the site of «Zaporizhstal» Steel Works by reference: https://zaporizhstal.com/ru/predpriyatie/informaciya-dlya-akcionerov/