ATLANTIC GRUPA d.d.

FINANCIAL OVERVIEWExtract from the consolidated Profit and loss account for Atlantic Grupa for the year ended on 31 December2012.(in HRK millions) 2012 2011 % changeRevenues 5,005.5 4,774.4 4.8%Sales 4,930.4 4,727.8 4.3%EBITDA 575.1 500.7 14.9%EBIT 395.1 334.8 18.0%EBT 73.6 78.8 (6.7%)Net profit 66.1 54.9 20.4%Net profit after minorities 55.2 46.6 18.5%In 2012 Atlantic Grupa realised organic growth in sales with an improvement in profitability, whereby theCompany met the announced expectations. Compared to 2011, the Company delivered 4.3% higher sales,while revenues increased 4.8%. EBITDA is higher 14.9% when compared to 2011 and amounts to HRK575.1 million. The Company also delivered 18.0% better EBIT compared to 2011. Net profit after minoritieswas HRK 55.2 million in 2012 which is 18.5% growth comparing to 2011.KEY DEVELOPMENTS IN THE FY121. SECOND INTEGRATION PHASE OF DROGA KOLINSKA AND ATLANTIC GRUPAThe second integration phase, focused on the consolidation of production plants and information technology,initiated in the second half of 2011, was successfully continued in 2012.During the first quarter, the production of Multipower beverages was transferred from the contractor to ownproduction plant in Rogaška Slatina. Also, further feasibility studies for the transfer of other production fromoutsourced producers to own production plants were being prepared.In the first quarter, two major projects in the segment of consolidating IT solutions by markets were completedin the segment of integration of business IT solutions. In Slovenia, all companies are integrated in a singleinfrastructure and the same business solution – SAP. In Macedonia, all companies are integrated in a singleinfrastructure and the same business solution – MIS. Additionally, for the purpose of the central warehouse inŠimanovci, Serbia, automated warehouse management system has been implemented. The same system isused in warehouses in Zagreb and Split, and in this way warehouse operations in Croatia and Serbia have36