Annual Report 2010 - Baltika Breweries

Securities
Shares in Circulation
The Company’s shares are traded
on two domestic stock exchanges:
the RTS Stock Exchange (since
2001) and the MICEX Stock
Exchange (since 2003).
As the most liquid share
in the consumer goods sector,
the Company’s shares are used
to calculate the corresponding
industry index of MICEX Stock
Exchange (MICEX CGS).
The Company is the leader
in market capitalization
among Russian consumer
goods producers. In 2010, the
Company’s market capitalization
increased 1.8 times to reach
RUB 248 billion (based on MICEX
data) or USD 8 billion (according
to RTS data) by year end.
Tickers
Baltika capitalization dynamics versus MICEX indices in 2010
%
Company capitalization +77 %
MICEX index +23 %
MICEX Consumer Sector index +85 %
Ordinary shares РКВА
Type “A” preference shares РКВАP
In H1 2010, the Company’s shares followed general stock
market trends, which was affected by the debts of Euro
Zone countries. Beginning from H2, the upward trend
grew and the market trended higher at the end of the year.
By year end, Russian stock exchanges indices grew 23 %
(MICEX) and 22.5 % (RTS), led by higher share prices for
consumer sector companies. The MICEX consumer sector
index grew by 85 % by year end.
The value of the Company’s shares increased due to the
general market upswing, which resulted in growing
investor interest, including from western investors, in the
consumer sector.
January February March April May June July August September October November December
Company capitalization
MICEX index
MICEX Consumer Sector index
61