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Interim results

USD MLN2Q 20182Q 2017
Cost of Sales (483)(440)
Gross Profit433343
Gross Profit Margin47%44%
Operating Profit215153
Net Profit4826
EBITDA Margin*33%27%


USD mln30.06.201831.12.2017
Working capital743714
Cash and cash equivalents5547
Total debt2,0142,130
Total assets4,1634,369
Total Equity1,6711,706
Net Debt/EBITDA***2.072.34

*- adjusted

**- including taxes

***- adjusted and annualized

EBITDA is calculated as operating profit adjusted for depreciation and amortisation.
Adjusted EBITDA is defined as EBITDA adjusted to exclude items in the reporting period that the Company views as exceptional and non-recurring.

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