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Investor Presentaiton

Key Credit Metrics YINGDE GASES GROUP COMPANY LIMITED 11D 盈德氣體集團有限公司 Debt to EBITDA ratios Debt to capital(1) ratios Total debt to EBITDA Net debt to EBITDA 3.9x Total debt / Total capital Net debt / Total capital 59.2% 59.4% 54.7% 3.8x 53.6% 2014 3.6x 2015 3.4x Cash flow from operation (RMB million) 48.5% 1,374 925 2014 2015 (1) Total capital = Total debt + Total equity Capital Expenditure (RMB million) 2,013 44.2% 1,123 2014 2015 2014 2015 9
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