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Investor Presentaiton

Income statement mln RUB Revenue 2011 2012 2013 2014 22,741 26,894 39,921 51,481 Cost of sales (11,888) (17,494) (27,553) (35,685) Gross profit 10,853 9,400 12,368 15,796 General and administrative expenses (2,328) (2,324) (3,157) (4,178) Selling expenses (854) (958) (1,023) (1,474) Other expenses, net (27) (209) (40) (913) Results from operating activities 7,644 5,909 8,148 9,231 Finance income 1,441 749 691 1,717 Finance costs (60) (132) (342) (553) Net finance income 1,381 617 349 1,164 Profit before income tax 9,025 6,526 8,497 10,395 Income tax expense (1,585) (1,526) (1,833) (2,026) Profit for the period 7,440 5,000 6,664 8,369 Profit attributable to: Owners of the Company 7,332 4,979 6,629 8,345 Non-controlling interest Profit for the period 108 21 35 24 7,440 5,000 6,664 8,369 Source: IFRS financial statements for 2011, 2012, 2013, 2014 Etalon Group 35
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