FINANCIAL APPENDIX

EBITDA Reconciliation

RUB million

2013

2012

Change, %

PROFIT FOR THE PERIOD

186,720

184,152

1.4

Total income tax expense

39,260

39,769

(1.3)

Finance expense

11,233

11,089

1.3

Finance income

(6,011)

(3,275)

83.5

Depreciation, depletion and amortisation

76,785

69,163

11.0

Net foreign exchange gain/(loss)

2,166

(1,042)

Other loss

6,310

5,268

19.8

EBITDA

316,463

305,124

3.7

Less share of profit of equity accounted investments

(11,251)

(12,767)

(11.9)

Share of EBITDA of equity accounted investments

31,540

30,749

2.6

ADJUSTED EBITDA

336,752

323,106

4.2