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Interim results

USD MLN4Q 20184Q 2017
Cost of Sales (443)(427)
Gross Profit451356
Gross Profit Margin50%45%
Operating Profit211139
Net Profit6873
EBITDA Margin*31%27%


USD mln31.12.201831.12.2017
Working capital799681
Cash and cash equivalents13447
Total debt2,0822,130
Total assets4,124,369
Total Equity1,5811,706
Net Debt/EBITDA***1.812.36

*- adjusted

**- including taxes

***- adjusted and annualized

EBITDA is calculated as operating profit adjusted for depreciation and amortisation.
Adjusted EBITDA is defined as EBITDA adjusted to exclude items in the reporting period that the Company views as exceptional and non-recurring.

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