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Download 2004 Annual Report - Polymetal

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FinancialhighlightIndicator Meas. unit <strong>2004</strong> 2003 <strong>2004</strong>/2003Au production th. oz. 212 137 54,7%Ag production th. oz. 17 287 11 762 47,0%Au sales th. oz. 213 129 65,6%Ag sales th. oz. 17 301 9 839 75,8%Au sales revenue th. USD 85 959 45 921 87,2%Ag sales revenue th. USD 117 965 45 609 158,6%Total sales revenue th. USD 204 487 92 357 121,4%Income from mining operations th. USD 111 637 36 557 205,4%Operating profit th. USD 95 560 26 759 257,1%EBITDA th. USD 100 523 30 453 230,1%EBIT th. USD 88 014 23 567 273,5%Profit before taxation and minority interests * th. USD 61 975 17 250 259,3%Net profit th. USD 83 583 13 468 520,6%Capital expenditures th. USD 29 595 46 660 (36,6%)Total assets th. USD 541 250 364 460 48,5%* from continuing operationsSource:Consolidated financial statements according to US GAAP standards for <strong>2004</strong> and 2003; auditor:PricewaterhouseCoopersFinancial highlight5

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