Investor Relations
Financial Highlights

The table below sets out certain selected historical consolidated financial data for ChelPipe (IFRS).

Year ended 31 December
2008 2009 2010
(RUR in thousands)
Revenue 75,621,331 56,079,388 85,400,715
Operating Profit (loss) (3,784,468) 3,421,014 13,824,527
EBITDA (3,048,921) 4,841,318 17,631,323
Net Income (9,169,040) (4,445,534) 4,723,971
Total assets 77,854,905 89,405,741 112,914,845
Long-term borrowings 2,343,317 19,742,465 39,371,616
Short-term borrowings 52,824,590 44,695,383 46,465,381

Financial statements are available on the Company’s website http://www.chelpipe.com/en/for_shareholders/disclosure_of_information
/financial_statement/

Operating Highlights



The table below shows the sales volumes for ChelPipe’s five principal steel pipe products.

Year ended 31 December
200820092010
(thousands of tonnes)
LDP397365600
OCTG152125193
Line pipe used in oil and gas wells 199123128
Seamless industrial 573398481
Welded industrial 15312083
Total Steel Pipes 1,4741,1311,485


The table below shows the sales volumes of ChelPipe’s trunk pipeline systems business core products.

Year ended 31 December
200820092010
Hot-Formed Bends (tonnes) 3,8412,8765,770
Cold Formed Bends (tonnes) 1,8711,0901,300
Pipeline hubs (tonnes) 8670351
Short Radius Elbows (tonnes)9,5656,1357,249
Ball Valves (number of units)2,3572,5012,774
Nuclear Valves (number of units)36118145


The table below shows the sales volumes of ChelPipe’s OFS business core products and services.

Year ended 31 December
20082009 2010
number of units
Units sold
Grey Cast Iron ESPs1,7612,758 1,126
Ni resist Iron ESPs3,9201,838 2,817
ESMs5,1144,409 3,444
Units rented
Grey Cast Iron ESPs620472 530
Ni-resist Iron ESPs434530 1,106
Wells in service(1)5,544 6,143 5,835


(1) Wells under service are wells where ChelPipe provides ongoing operational and maintenance services for ESP systems and SRPs.

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