FY 2012 - Investor Relations - NIS

Bussines PlanMain development trendsOn its session held on November 27th 2012 NIS’Board of Directors business plan for 2013. The planforesees not only increase of all key indicators butalso substantial increase in corporate investmentprograms. In 2013 NIS plans to preserve the currentlevel of investments and to invest in businessdevelopment in the amount of at least 50 billion RSD.A substantial part of the investments will be directedtowards development of retail network and explorationof oil and gas. NIS' goal in 2013 is the development ofresource base and its increase by 10%. Also, in 2013,the volumes of oil refining in Company's refineries willbe increased to approximately 3.4 million tons of oil. Inaddition, the NIS’ starting from 2013 and thanks to themodernization of Pancevo Refinery, NIS will increaseproduction of motor fuel with Euro 5 standard of quality.NIS’ Business Plan for 2013 envisages a substantialincrease in sales in the Serbian market. It is expectedthat continuous implementation of the program ofmodernization of the retail network and increaseof the efficiency of Company’s marketing policy willhave serious stimulating effects on sales. Besides thedevelopment of the domestic sales of oil products,NIS’ Business Plan for 2013 envisages active increaseof sales in the markets of neighbouring countries -Bulgaria, Romania, and Bosnia and Herzegovina. Bythe end of 2013, there will be at least 100 active NIS’petrol stations in the markets of these countries.Exploration and Production• Project development in Serbia, Hungary,Romania, and Bosnia and HerzegovinaRefining and Sales and Distribution• Continued modernization of Pancevo Oil Refinery- botom-of-the-barrel project• Base oil production• Market development in the Balkans regionEnergy• Energy developement in the field of renewableenergy sources• Gas monetizationPlanned investments per business segmentsPlanned investments per business segments in million RSD+16%Exploration and productionRefiningSales and distribution Oilfield services Energy NIS Corporate center201259201150.8148 • Key Indicators Annual report 2012Annual report 2012Key Indicators • 149