Consolidated Statement of Financial Position as at December 31, 2014

(All amounts in thousands of US dollars)

	NOTES	2014		2013
ASSETS
Current assets
Cash and cash equivalents	12	252 898		93 298
Trade and other receivables	13	728 340		995 371
Inventories	14	1 046 907		1 324 475
Prepayments and input VAT	15	105 143		136 630
Prepaid income taxes		7 939		11 276
Other financial assets		596	2 141 823	155	2 561 205
Non-current assets
Investments in associates	11	1 247		1 900
Property, plant and equipment	16	2 610 170		3 845 355
Goodwill	17	403 861		584 904
Intangible assets	17	273 242		311 428
Deferred tax asset	8	144 843		63 624
Other non-current assets	18	74 202	3 507 565	50 252	4 857 463
TOTAL ASSETS			5 649 388		7 418 668
LIABILITIES AND EQUITY
Current liabilities
Trade and other payables	19	722 696		944 165
Advances from customers		63 162		59 936
Accounts payable to related parties	27	43 484		101 151
Provisions and accruals	20	41 397		51 184
Interest-bearing loans and borrowings	21	758 805		393 941
Finance lease liability	23	5 545		3 796
Derivative financial instruments	30	–		2 080
Dividends payable		1 889		5 863
Income tax payable		6 483	1 643 461	8 504	1 570 620
Non-current liabilities
Interest-bearing loans and borrowings	21	2 410 900		3 248 077
Finance lease liability	23	47 641		47 969
Deferred tax liability	8	205 667		297 874
Provisions and accruals	20	22 916		33 327
Employee benefits liability	24	21 044		45 067
Other liabilities	25	26 899	2 735 067	46 115	3 718 429
Total liabilities			4 378 528		5 289 049
Equity	29
Parent shareholders’ equity
Issued capital		336 448		326 417
Treasury shares		(319 149)		(319 149)
Additional paid-in capital		485 756		391 192
Reserve capital		16 390		16 390
Retained earnings		1 495 465		1 737 098
Foreign currency translation reserve		(820 254)		(120 467)
Other reserves		9 968	1 204 624	2 311	2 033 792
Non-controlling interests	26		66 236		95 827
Total equity			1 270 860		2 129 619
TOTAL LIABILITIES AND EQUITY			5 649 388		7 418 668

The accompanying notes are an integral part of these consolidated financial statements.