Committed to growth

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Contact information EuroChem Group AG Address: Alpenstrasse 9, 6300 Zug, Switzerland Tel: +41 (41) 727 16 00 Fax: +41 (41) 727 16 16 Website: www.eurochemgroup.com Investor Relations E-mail: ir@eurochemgroup.com PR and Communications Department E-mail: pr@eurochemgroup.com EuroChem’s IFRS auditor Full name: PricewaterhouseCoopers AG Short name: PwC Address: Grafenauweg 8, 6302 Zug, Switzerland Tel: +41 58 792 68 00 Website: www.pwc.com 124 EuroChem Annual Report and Accounts 2015
Forward-looking statements This annual report has been prepared by EuroChem Group AG (‘EuroChem’ or the ‘Company’) for informational purposes, and may include forward-looking statements or projections. These forwardlooking statements or projections include matters that are not historical facts or statements and reflect the Company’s intentions, beliefs or current expectations concerning, among other things, the Company’s results of operations, financial condition, liquidity, performance, prospects, growth, strategies, and the industry in which the Company operates. By their nature, forwarding-looking statements and projections involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The Company cautions you that forwardlooking statements and projections are not guarantees of future performance and that the actual results of operations, financial condition and liquidity of the Company and the development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements or projections contained in this publication. Factors that could cause the actual results to differ materially from those contained in forward-looking statements or projections in this publication may include, among other things, general economic conditions in the markets in which the Company operates, the competitive environment in, and risks associated with operating in, such markets, market change in the fertilizer and related industries, as well as many other risks affecting the Company and its operations. In addition, even if the Company’s results of operations, financial condition and liquidity and the development of the industry in which the Company operates are consistent with the forward-looking statements or projections contained in this publication, those results or developments may not be indicative of results or developments in future periods. The Company does not undertake any obligation to review or confirm expectations or estimates or to update any forward-looking statements or projections to reflect events that occur or circumstances that arise after the date of this publication. Statements regarding competitive position Statements referring to EuroChem’s competitive position are based on the Company’s belief and, in some cases, rely on a range of sources, including investment analysts’ reports, independent market studies and EuroChem’s internal assessments of market share based on publicly available information about the financial results and performance of market participants. Designed and produced by Instinctif Partners www.instinctif.com
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Committed to growth 2015 ANNUAL REP
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At a glance How we measure up A glo
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Our sustaining capitals Our interre
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30 MMT of products Logistics 25% se
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Configured for superior returns Low
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16 Murmansk Kovdorskiy GOK 4 Severn
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The fertilizer industry Strategic R
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Positive long-term supply/demand ou
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Strategic Report Investing for grow
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Strategic Report Sales growth Our e
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In this section, we highlight the f
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Strategic Report EBITDA While the c
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Strategic Report Below the operatin
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Strategic Report From January 2015,
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Xxxx 01 Novomoskovskiy Azot Strateg
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Strategic Report Sales (US$m) 2,322
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Xxxx 01 Kovdorskiy GOK Strategic Re
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Strategic Report Sales (US$m) 2,185
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Xxxx 01 Usolskiy Strategic Report C
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Strategic Report EuroChem Usolskiy
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Strategic Report Corporate Governan
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Strategic Report Total Group sales
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Murmansk Iron ore concentrate Apati
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Strategic Report Data on air emissi
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Strategic Report EuroChem Northwest
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Strategic Report Reorganization/exp
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Assessment of main risks and trends
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Strategic Report Garth Moore Member
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Strategic Report responsible for Co
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Strategic Report As at 31 December
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EuroChem Group AG Committees Audit
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Nomination and Remuneration Committ
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Strategic Report Nomination and Rem
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Consolidated Statement of Financial
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Consolidated Statement of Profit or
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Note 2015 2014 Cash flows from fina
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Notes to the Consolidated Financial
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The cost of replacing major parts o
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Impairment of non-financial assets
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Page 91 and 92: The analysis of non-current assets
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Page 109 and 110: 27 Distribution costs Distribution
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Page 113 and 114: Financial statements caption Nature
Page 115 and 116: Acquisition of CJSC ‘Berezniki me
Page 117 and 118: 35 Contingencies, commitments and o
Page 119 and 120: 36 Financial and capital risk manag
Page 121 and 122: 31 December 2014 US$ EUR RUB Other
Page 123 and 124: The monitoring and controlling of c
Page 125 and 126: Gearing ratio The gearing ratio is
Page 127 and 128: Q2 2014 Q1 2014 Q4 2013 Q3 2013 Q2
Page 129: Q2 2014 Q1 2014 Q4 2013 Q3 2013 Q2
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