OREANDA-NEWS. Alliance Oil Releases 2013 Annual Report.

FINANCIAL SUMMARY

2013

2012

2011

2010

2009

Total revenue (TUSD)

3 745 555

3 445 239

3 082 660

2 195 756

1 726 438

EBITDA (TUSD)

695 734

734 096

690 345

438 391

387 858

Result for the period (TUSD)

64 595

420 770

328 290

226 332

344 996

Total assets (TUSD)

5 965 827

5 991 886

4225235

3 347 408

2 727 014

Total equity

2 904 433

3 033 010

1 993 433

1 805 296

1 606 758

Cash flow from operations before changes in working capital (TUSD)

753 532

761 499

694 659

443 328

393 659

Return on shareholders' equity

2%

14%

16%

13%

21%

Return on capital employed

6%

14%

16%

12%

21%

Debt/equity ratio

78%

68%

81%

58%

45%

Equity ratio

49%

51%

47%

54%

59%

Risk bearing capital

53%

55%

52%

59%

65%

Interest coverage ratio

1,35

3,29

3,49

3,19

6,39

Debt coverage ratio

2,84

3,96

4,59

4,43

5,36

Net debt/EBITDA

2,84

2,26

2,08

1,97

0,82

RESERVE AND PRODUCTION DATA

2013

2012

2011

2010

2009

Proved and probable oil and gas reserves, thousand barrels of oil equivalent

684 646

732 636

647 854

638 264

525 927

Crude oil sales volume, barrels

21 479 107

19 273 479

17 487 537

15 826 091

16 235 674

Oil products sales volume, barrels

32 997 231

29 916 349

27 648 368

24 359 715

21 542 081

Eric Forss, Chairman of the Board: "In 2013, Alliance Oil Company again extended its track record of operational and financial growth and further strengthened its positions as a leading midsize vertically integrated oil and gas company in Russia. Important milestones were reached towards the completion of significant strategic investments in the downstream segment and the Company successfully launched its first gas fields into production.

At the end of the year, Alliance Group and its affiliates acquired all outstanding shares in Alliance Oil Company not previously held. As a result, the Company's common and preferred shares were delisted from NASDAQ OMX Stockholm while the convertible notes were redeemed and delisted from the Luxembourg Stock Exchange. Consequently, Alliance Oil Company's further operations are conducted under private ownership. The Company's long term debt continues to trade in international capital markets, where Alliance Oil Company remains an active participant.

As we look ahead, we remain committed to reaching our strategic objectives and to delivering sustainable growth, value creation and profitability while further developing the Company's high standards of corporate governance and good citizenship."