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000-765 | Systems Management Technical V1

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000-765 - Systems Management Technical V1 - braindump

Vendor IBM
Exam Number 000-765
Exam Name Systems Management Technical V1
Questions 93 Q & A
Recent Update July 13, 2018
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000-765 exam Dumps Source : Systems Management Technical V1

Test Code : 000-765
Test Name : Systems Management Technical V1
Vendor Name : IBM
Q&A : 93 Real Questions

IBM Systems Management Technical

skill management application Market | main Key avid gamers Cornerstone Ondemand, IBM, Lumesse | killexams.com Real Questions and Pass4sure dumps

The qualitative analysis look at conducted through HTF MI titled “world ability administration application Market dimension, repute and Forecast 2025” gives fundamental facts, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been decided after conducting a detailed look at of the world talent management utility market. The look at gives forecasts for ability administration software investments till 2022.

ability administration is the science of the use of strategic human useful resource planning to enhance business cost and to make it possible for groups and groups to attain their desires. everything accomplished to recruit, retain, enhance, reward and make individuals perform varieties a part of ability management in addition to strategic body of workers planning. A skill-management strategy may still hyperlink to company approach to characteristic more accurately

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if you are concerned in the talent administration application industry or intend to be, then this look at will supply you finished outlook. It presents a consequential evaluation of the talent management utility business, key strategies followed with the aid of leading manufactures and trending segments.

The analysis look at is segmented by using varieties [On-Premises, On-Demand/Cloud & Web-based] as well as Key functions [Small and Medium Business & Large Business] with historical and projected market share along with the increase fee, salary figures and gross earnings margin in tabular format which makes effortless to have in mind product/carrier ameliorations, market attention rate and product distribution for past 5 years.

important nation-states like u.s., european, Japan, China, India & Southeast Asia and leading gamers such as Cornerstone Ondemand, IBM, Lumesse, Oracle, ADP, Peoplefluent, Skillsoft, Saba software, SAP, Talentsoft, Halogen application, Workday, SumTotal systems, most efficient utility, SuccessFactors, Taleo, Authoria, GeoLearning, Pathlore, TalentGuard & Centranum concerned in this file. The record offers a clear thought about the growth components, reasons for deterioration of global talent management application in recent years and different opportunities and strategies to expand market.

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if you have a distinct set of players/producers in keeping with geography or wants regional or nation segmented reports we can provide customization in response to your requirement.

every player highlighted in the research analyze consists of companies simple suggestions, Manufacturing Base, earnings enviornment and Its opponents, in-depth company overview, geographic footprint and make contact with tips. The report includes a complete market and vendor landscape moreover SWOT evaluation.

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causes to buy:- What may be the market dimension in 2022 and at what cost will it develop?- What increase skills do ability management utility market have?- Procure strategically crucial competitor suggestions, analysis, and insights to formulate positive R&D ideas.- respect rising gamers with potentially amazing product portfolio and create beneficial counter-thoughts to benefit aggressive expertise.- Classify competencies new consumers or companions in the target demographic.- Plan mergers and acquisitions meritoriously by means of settling on key avid gamers and it’s most promising contributions.- New development and establish prospective companions with essentially the most beautiful tasks to enhance and expand enterprise talents and scope.- Influential factors which are thriving demand and constraints in the market.

so as to add, cost to product and functions research record includes of advantageous insights with distinguishable features that influence client’s conduct and demand. The document presents a measurable and verifiable formulation made towards analysis of market awareness, new entrants and the technological tendencies in future.

one of the crucial key questions answered during this file:- certain Overview of international skill administration software market helps carry consumers and organizations making concepts.- Influential components that are thriving demand and constraints out there.- what's the market attention? Is it fragmented or enormously centred?- What trends, challenges and obstacles will influence the construction and sizing of skill administration application market?- SWOT analysis of each key player outlined along with its company profile.- What increase momentum or acceleration market includes all through the forecast length?- Which region is going to faucet optimum market share in future?- What application/conclusion-person class or Product category may additionally see incremental increase possibilities?- What concentrated approach and constraints are maintaining the market tight?

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There are 15 Chapters to display the global talent management application market

Chapter 1, to explain Definition, requirements and Classification of talent management utility, purposes of ability administration utility, Market segment by way of areas;Chapter 2, to analyze the Manufacturing charge structure, uncooked material and Suppliers, Manufacturing procedure, trade Chain constitution;Chapter 3, to screen the Technical statistics and Manufacturing plants evaluation of , capacity and commercial production fee, Manufacturing plant life Distribution, Export & Import, R&D status and know-how source, raw substances Sources evaluation;Chapter 4, to display the overall Market evaluation, capability evaluation (company section), income evaluation (company section), revenue fee evaluation (business segment);Chapter 5 and 6, to show the Regional Market analysis that includes u.s., european, Japan, China, India & Southeast Asia, talent management utility segment Market analysis (via type);Chapter 7 and 8, to investigate the ability administration application phase Market analysis (via utility [Small and Medium Business & Large Business]) & type [On-Premises, On-Demand/Cloud & Web-based] foremost producers analysis of talent administration application;Chapter 9, Market trend analysis, Regional Market vogue, Market trend by Product class [On-Premises, On-Demand/Cloud & Web-based], Market style by way of application Small and Medium business & tremendous business;Chapter 10, Regional marketing classification analysis, overseas change type evaluation, give Chain evaluation;Chapter eleven, to investigate the patrons evaluation of international talent administration utility;Chapter 12, to explain skill administration utility research Findings and Conclusion, Appendix, methodology and facts supply;Chapter 13, 14 and 15, to explain talent management application revenue channel, distributors, merchants, dealers, analysis Findings and Conclusion, appendix and facts supply.

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About writer:HTF Market file is a wholly owned brand of HTF market Intelligence Consulting deepest limited. HTF Market record global research and market intelligence consulting company is uniquely positioned to not best determine growth opportunities but to additionally empower and inspire you to create visionary increase thoughts for futures, enabled by way of our unbelievable depth and breadth of idea leadership, analysis, equipment, hobbies and adventure that support you for making dreams right into a reality. Our knowing of the interplay between industry convergence, Mega traits, technologies and market traits offers our customers with new business fashions and growth alternatives. we are concentrated on picking out the “correct Forecast” in every trade we cover so our consumers can reap the merits of being early market entrants and might accomplish their “goals & ambitions”.

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international content material management application Market 2018 - Oracle, OpenText, Cisco techniques Inc, IBM, EMC, Microsoft, Hyland software | killexams.com Real Questions and Pass4sure dumps

Deerfield beach, FL -- (SBWIRE) -- 05/14/2018 -- extreme analysis announces New newest industry analysis report that makes a speciality of "content administration application Market" and gives in-depth world content administration utility market analysis and future possibilities of content management application market 2018. The research examine covers huge statistics which makes the doc a effortless useful resource for managers, analysts, trade experts and different key people get ready-to-entry and self-analyzed study along with graphs and tables to aid be aware market tendencies, drivers and market challenges. The research examine is segmented by way of utility/ conclusion clients Social content management, cell content material management, large information management, Cloud content material administration, Others, products classification ordinary options,Deployments,Others and geographies like China, Japan, South Korea, Taiwan, India, Southeast Asia and Australia.

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The research covers the present market dimension of the global content material administration software market and its increase quotes in accordance with 5 yr background facts together with enterprise profile of key players/manufacturers corresponding to Oracle, OpenText, Cisco programs Inc, IBM, EMC, Microsoft, Hyland application, Xerox, T- programs, Integro Inc. The in-depth suggestions by means of segments of content management application market helps monitor future profitability & to make critical selections for growth. The tips on developments and trends, makes a speciality of markets and materials, capacities, technologies, CAPEX cycle and the altering structure of the global content material management application Market.

The study offers company profiling, product photo and specifications, revenue, market share and phone tips of key manufacturers of international content management application Market, some of them listed listed below are Oracle, OpenText, Cisco methods Inc, IBM, EMC, Microsoft, Hyland software, Xerox, T- techniques, Integro Inc. The market is becoming at a very swift tempo and with upward push in technological innovation, competitors and M&A activities in the trade many native and regional vendors are providing specific utility products for varied conclusion-users. the brand new company entrants available in the market are discovering it complicated to compete with the foreign vendors according to nice, reliability, and improvements in know-how.

global content management utility (heaps devices) and profits (Million USD) Market break up by Product type such as typical solutions,Deployments,Others. further the research analyze is segmented with the aid of software & different with old and projected market share and compounded annual boom rate.

Geographically, this record is segmented into a few key regions, with production, consumption, earnings (million USD), and market share and growth fee of content management utility in these areas, from 2012 to 2021 (forecast), covering China, Japan, South Korea, Taiwan, India, Southeast Asia and Australia. and its Share (%) and CAGR for the forecasted duration 2018 to 2021.

View full analysis record: http://www.intenseresearch.com/report/113110

There are 15 Chapters to reveal the world content administration application market

Chapter 1, Definition, requisites and Classification of content management software , purposes of content administration utility , Market phase via areas.Chapter 2, Manufacturing can charge structure, uncooked cloth and Suppliers, Manufacturing technique, business Chain structure.Chapter three, Technical information and Manufacturing plants evaluation of content management utility , capability and commercial creation Date, Manufacturing flowers Distribution, R&D popularity and know-how source, raw materials Sources analysis.Chapter four, usual Market analysis, means analysis (enterprise section), revenue evaluation (business section), revenue price analysis (enterprise phase).Chapter 5 and 6, Regional Market evaluation that comprises united states, China, Europe, Japan, Korea & Taiwan, content administration software segment Market analysis (by type).Chapter 7 and 8, The content administration utility phase Market evaluation (through software) foremost producers analysis of content administration application .Chapter 9, Market vogue evaluation, Regional Market trend, Market vogue by means of Product class high Voltage, Low Voltage, Market trend by application Electronics, customer goods, automobile, Aerospace, Others.Chapter 10, Regional advertising and marketing classification evaluation, international trade category evaluation, provide Chain analysis.Chapter 11, The patrons evaluation of international content material management application.Chapter 12, content management utility analysis Findings and Conclusion, Appendix, methodology and statistics source.Chapter 13, 14 and 15, content material administration application earnings channel, distributors, traders, dealers, analysis Findings and Conclusion, appendix and data supply.

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New Supercomputer Does Nothing To support IBM | killexams.com Real Questions and Pass4sure dumps

Ginni Rometty smiling for the camera© Wikimedia Commons (Asa Mathat / Fortune are living Media) The U.S. department of power’s very wellRidge country wide Laboratory launched "Summit", the realm's most powerful supercomputer. The launch presents the chance for a few organizations to demonstrate their technical muscle. First amongst these is IBM (NYSE: IBM). Like many IBM product releases, the publicity does next to nothing to improves IBM's dismal financials or aid long struggling shareholders.

"Summit" has a dizzying array of brilliant aspects. The alrightRidge national Laboratory's administration wrote:

foreign enterprise Machines Corp

With a peak performance of 200,000 trillion calculations per second—or 200 petaflops, Summit can be eight times extra effective than ORNL’s old accurate-ranked equipment, Titan. For definite scientific applications, Summit will even be able to more than three billion billion blended precision calculations per 2nd, or 3.3 exaops. Summit will provide unheard of computing vigour for analysis in power, superior materials and synthetic intelligence (AI), amongst different domains, enabling scientific discoveries that had been up to now impractical or impossible.

among the IBM components in the laptop, in accordance with the enterprise, are POWER9 chips. The "architecture" which comprises these chips has been made attainable to IBM shoppers. It continues to be to be viewed if this could meaningfully increase IBM's earnings. due to the fact that it is so specialized, probably now not. despite the fact, the venture does get to blow their own horns IBM's presence within the artificial intelligence sector.

IBM's artificial intelligence agencies ordinarily run below a brand known as "Watson." The advertising of "Watson" to the customary public has made it as noted as IBM probably is in some circles. The vastly costly merchandising has probably not helped adoption of IBM items. It has, however, been a big waste of funds.

IBM's shares are down 5% this yr to $146, in opposition t an develop of the S&P of 3% over the same length. within the ultimate five years, IBM shares are down 27% while the S&P has risen seventy one%. whatever thing IBM's new products had been, its fiscal position continues to tumble.

In its most contemporary quarter, IBM's administration announced salary of $19.1 billion, up from $18.1 billion within the identical quarter the year before. EPS, youngsters, fell from $1.86 to $1.eighty two. As part of the presentation, Ginni Rometty, IBM chairman and CEO, noted:

"within the first quarter we maintained momentum in our business, with pronounced earnings boom in total and across our foremost segments. These outcomes toughen that our shoppers cost our imaginative applied sciences, our business advantage and our commitment and actions for the accountable stewardship of their privacy and records. here is additionally mirrored in our leadership positions in enterprise cloud, AI and safety."

there's little evidence of "leadership" in any of those three sectors.

Press releases, no depend how fabulous their contents, may not get IBM returned heading in the right direction.




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000-765 exam Dumps Source : Systems Management Technical V1

Test Code : 000-765
Test Name : Systems Management Technical V1
Vendor Name : IBM
Q&A : 93 Real Questions

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MMC NORILSK NICKEL studies FULL year 2014 AUDITED CONSOLIDATED IFRS financial outcomes | killexams.com real questions and Pass4sure dumps

 Moscow, March 31, 2015 - OJSC MMC Norilsk Nickel ('Norilsk Nickel', the 'company' or the 'neighborhood'), the largest nickel and palladium producer on the planet, today reviews audited IFRS financial consequences for the yr ended December 31, 2014.

FY 2014 HIGHLIGHTS

Consolidated profits extended 3% y-o-y to USD 11.9 billion on the again of enhanced nickel and palladium expenditures and boom in precious metals production volumes. * EBITDA grew 35% y-o-y to USD 5.7 billion pushed by means of a substantial reduction of money operating costs on the again of cash cost optimisation, robust LME prices and rouble devaluation as well as exact-line growth. * EBITDA margin accelerated to forty eight%, a number one place within the world metals and mining business. * internet income just about tripled to USD 2 billion while web income adjusted for non-cash items reached USD four billion. * All key investment initiatives planned for economic yr 2014 have been correctly achieved on time and on budget,  with CAPEX lower by using 35% y- o-y to USD 1.3 billion due to RUB depreciation, more desirable price terms with contractors and a hit roll-out of capital allocation discipline. * Working capital declined by using approximately USD 2 billion y-o-y to USD 1.1 billion via the year-end 2014, contributing to the 4-fold reduction of internet working capital cumulatively over the last two years. * Free money stream extended eighty one% y-o-y to USD four.7 billion pushed through the growth in EBITDA, reduce CAPEX and sharp discount of the working capital. * Leverage remained conservative with internet Debt/ EBITDA ratio lowering from 1.1x as of December 31, 2013 to 0.6x as of December 31, 2014, leaving the company with the strongest balance sheet among international metals and mining majors. * The business retained funding grade credit standing (BBB-) from S&P regardless of the latter's downgrade of the Russian sovereign ranking to BB+ in January 2015. * Dividends allotted to shareholders in 2014 multiplied 10% y-o-y to USD 20.7 per share. * In can also 2014, Norilsk Nickel signed an contract with Russian federal and regional authorities to shut down the outdated and inefficient Nickel Plant within the metropolis of Norilsk in 2016. * Exit from non-Tier 1 assets improved neatly: the business closed the offers for  disposal of Australian (North jap Goldfields, Avalon, Cawse, Lake Johnston, Black Swan and Silver Swan) and signed an agreement to sell African property (Tati Nickel and an fairness stake in Nkomati mine). * In March 2015, the Russian executive issued an exploration and mining license for Maslovskoye PGM, nickel and copper deposit to Norilsk Nickel. * The company plans to buy lower back as much as USD 500 million of shares in 2015. The shares could be purchased via open market operations and are anticipated to be cancelled afterwards.

KEY corporate HIGHLIGHTS

+---------------------------------------------------+------+------+------------+ |USD million except cited otherwise |FY2014|FY2013|trade y-o-y| +---------------------------------------------------+------+------+------------+ |profits |eleven 869|11 499| three%| +---------------------------------------------------+------+------+------------+ |EBITDA(1) | 5 681| four 198| 35%| +---------------------------------------------------+------+------+------------+ |EBITDA Margin, % | forty eight| 37| 11 p.p.| +---------------------------------------------------+------+------+------------+ |net earnings before impairment of monetary and non- | 3 968| 2 537| fifty six%| |fiscal property (1) | | | | +---------------------------------------------------+------+------+------------+ |internet income | 2 000| 765| 161%| +---------------------------------------------------+------+------+------------+ |Capital bills | 1 298| 1 989| (35%)| +---------------------------------------------------+------+------+------------+ |Free cash circulate(2) | 4 725| 2 606| eighty one%| +---------------------------------------------------+------+------+------------+ |Dividend per share (in USD) | 20,74| 18,89| 10%| +---------------------------------------------------+------+------+------------+ |net working capital( 1) | 1 083| three 018| (64%)| +---------------------------------------------------+------+------+------------+ |internet debt(2) | 3 537| four 584| (23%)| +---------------------------------------------------+------+------+------------+ |web debt/12M EBITDA | 0.6x| 1.1x|  | +---------------------------------------------------+------+------+------------+ |ROIC(2) | 29%| 15%| 14 p.p.| +---------------------------------------------------+------+------+------------+

1. Non-IFRS measure and is calculated below in the text 2. Non-IFRS and is calculated in posted analytical assessment document ('statistics publication') along side Consolidated IFRS economic outcomes management comments

Vladimir Potanin, Chief executive Officer of Norilsk Nickel, commented:

 'i am glad to record to our shareholders that Norilsk Nickel generated strong economic performance in 2014. Implementation of the brand new corporate strategy focused on improving Norilsk Nickel's position because the world industry leader when it comes to free cash stream generation and return on invested capital was well not off course. despite the fact the excessive volatility on the commodity markets become challenging for the global mining trade, overall we agree with 2014 as a favorable yr for our company. boom in realized prices of our strategic metals, nickel and palladium alongside a rise in precious metals sales volumes, resulted in the profits increase by way of 3% y-o-y to basically USD 12 billion. administration focus on financial effectivity backed through a beneficial international exchange fees circulation resulted in a strong EBITDA growth to USD 5.7 billion, growth of EBITDA margin to the global industry main forty eight% and a 3-fold enhance in web earnings. while all key funding projects planned for 2014 were efficaciously achieved, the roll out of the brand new funding governance discipline as well as Russian rouble devaluation allowed us to optimize capex.  we are additionally progressing well with our non-core asset disposal programme. We made a further foremost attempt in sustainably releasing working capital, having freed up an extra USD 2bn in 2014, smartly above our goals and additionally neatly forward of the schedule. major reduction of working capital, mixed with multiplied EBITDA and optimized CAPEX resulted in an over 80% boom of free cash stream to USD four.7 billion. We maintained the business's lowest leverage, with net debt to EBITDA reducing from 1.1x to 0.6x. regardless of headwinds in debt markets we managed to secure a number of long-time period credit strains with predominantely overseas banks for a total amount of USD 2 billion, which enabled us to refinance very nearly one third of our gross debt portfolio, extend our commonplace debt maturity, whereas preserving the interst price just about unchanged. most significantly we fulfilled our promise to materially boost money returns to our shareholders and paid over USD three.three billion of dividends during the ultimate year, while dividend per share elevated 10% to USD 20.7. We continue to be committed to pursuing additional operational advancements within the year ahead and create more value for our shareholders'.

fitness & safety

The security of our employees remains our optimum precedence and a vital center of attention of our complete management group. In 2014, we managed to lessen the whole number of accidents with the aid of 41% y-o-y (from 106 to sixty three), while LTIFR (lost-time injury frequency expense) diminished from 0.eight to 0.forty seven. alas, eight of our employees lost their lives at our operations in 2014. All these incidents had been wholly investigated, and labour safeguard policies had been adjusted. The management feels that it has to be even more vigilant and focused on growth in this labour fitness and safety, with the strategic goal, primarily, ultimate to achieve zero fatalities.  As half of latest health and security center of attention, we now have developed a couple of specialized training courses for all creation websites and up-to-date our fitness and protection approach which become permitted on the conclusion of closing yr.

metal MARKETS

Nickel

A game changer for the nickel market became the introduction in January 2014 of the export ban on unprocessed ore in Indonesia, the largest company of nickel fabric to chinese language nickel pig iron (NPI) producers.  as the Indonesian nickel ore imports to China entirely dried out with the aid of may additionally the nickel rate rallied from USD 13,500 per tonne at first of the 12 months to USD 21,000 per tonne by way of the end of 1H14. the click speculations in regards to the Philippines doubtlessly seeking to undertake the same export ban supplied an extra gas for nickel expense rally. although, this type of market enthusiasm dwindled away relatively right now because it became clear that a potential ban in the Philippines, if it were to follow the Indonesian suit, would now not be earlier than 6-7 years out, whereas the high stage of nickel ore stocks accumulated in chinese language ports ahead of the Indonesian ban would allow chinese producers to keep NPI creation unchanged. a constant inflow of subtle metallic to the LME warehouses allayed considerations that the nickel market could run right into a deficit by means of the yr conclusion. The Philippines, the second biggest exporter of nickel ore in the world, drastically increased their shipments to China for that reason partly offsetting the discount of shipments from Indonesia. furthermore, chinese language NPI producers all started to mix better and medium exceptional nickel ore with a low one, accordingly extending the lifetime of nickel ore inventories. On true of that strengthening of the united states greenback and the falling oil cost brought on the fund outflow from passive commodity funds and diminished the production charge curve, which put an extra pressure on the base metals fees throughout the board. as a result, nickel rate began to decline in 2H14 getting back to USD 15,000 per tonne in December. The commonplace expense in 2014 amounted to USD sixteen,867 per tonne (+12% y-o-y).

Nickel outlook

We consider that nickel cost is bottoming out and stay bullish on nickel as the Indonesian executive tested its dedication to cling the ban unaltered. The chinese high- and medium-grade  nickel ore stock diminished from its height of 30 mln tonnes in January 2014 to 10 mln tonnes in January 2015 representing about simply 2 months of consumption and continues to fall further. After a comparatively minor discount of about 20 thousand tonnes in 2014, we predict the NPI output in China to reduce through a substantial 120 thousand tonnes in 2015 because the high- and medium-grade ore stock in China should be utterly processed, while the Philippines would now not be in a position to entirely exchange the misplaced Indonesian feed. in addition, seeing that the increase of mined nickel ore volumes in the Philippines changed into in need of pronounced increase in their ore imports to China (because the shipments included one of the vital fabric stockpiled forward of the Indonesian ban) we agree with that 2014 ore imports to China from the Philippines might also now not be sustained. We additionally do not are expecting a fabric boom from new Indonesian NPI tasks as simplest three out of 22 declared projects may be commissioned in 2015-2016. on the equal time, given that the accumulation of nickel stock at LME warehouses slowed down extensively in 1Q15, with March level being well-nigh unchanged, we are expecting inventory to be  close its reversal factor. We agree with that once nickel LME inventory enters into a steady draw down fashion throughout at least couple of weeks, it's going to send a strong message to the market in regards to the approaching deficit. usual, we predict nickel market to turn into a small deficit of approximately 20 thousand tonnes in 2015 after a big surplus of ninety three thousand tonnes in 2014. We expect the deficit to widen in 2016 to 55 thousand tonnes as the closures of NPI capacities in China accelerate in 2H15.

Copper

The copper fee turned into under force all the way through 2014 averaging USD 6,862 per tonne, down 6% y-o-y. The negative expense vogue changed into in the main pushed by buyers' fears of a slowdown in chinese language financial system and expectations of a mammoth surplus within the copper market as a result of the ramp-up of recent tasks in Americas, Africa and Asia. Strengthening of US dollar has brought to the negative sentiment as a result of traditionally robust inverse correlation between US dollar index (DXY) and copper expense. further pressure came from the falling oil, which brought on the fund outflow from passive commodity index trackers. The starting of 2015 turned into marked by means of extra decline in copper cost, which we consider turned into pushed with the aid of ongoing concerns over the chinese language demand and further strengthening of US dollar.

Copper outlook

besides the fact that children, we consider that the latest copper price has a bit decoupled from the market fundamentals, which seem reasonably effective. We expect strong copper demand in 2015-2016 driven each by way of chinese language industrial consumption and China's State Reserve Bureau (SRB) purchases, while the incremental give growth is slowing down as many of the new mine tasks are approaching target construction volumes. moreover, infamous for supply facet concerns in the past, we believe that copper business are not distinctive in 2015. After having already seen production cuts in 1Q15, we count on more from the nations enforcing resource nationalism guidelines (Zambia, Indonesia) in addition to from the initiatives experiencing various technical, regulatory and even natural issues in Chile and Peru. even with having been on an increase recently, the level of LME copper inventories remains low in terms of days of consumption, which should hold copper cost susceptible to skills supply disruptions, with a possibility skewed to upside. We predict copper market to retain a small surplus of approximately 270 thousand tonnes in 2015 at the degree corresponding to 2014.

Palladium

In 2014, palladium turned into the optimum performer amongst valuable and most of industrial metals achieving its 13-year excessive of USD 911 per troy ounce in September. A 5- month long labour strike in South Africa in 1H14 resulted in a 5% y-o-y decline in global palladium production, whereas the economic consumption remained strong expanding 0.5% y-o-y. adding to that potent investment demand from newly- launched ETFs by means of ABSA and ordinary bank, which accumulated 900 thousand troy oz, the palladium fee improved eleven% y-o-y to at a typical USD 803 per ounce in 2014 whereas different metals succumbed to a downward pressure from superior US greenback and cash outflow from commodities index trackers on the lower back of weakening oil rate. In 2014 the obvious market deficit widened to 1.6 mln oz, which became more than 15% of the annual international demand. This gap changed into usually closed via the supply of metal from above-the-floor shares. despite the fact, we estimate that there have been no palladium revenue from Russian government stockpile (Gokhran) in 2014, which confirms the market view on the depletion of those reserves, which had been overhanging the palladium market for the last fifteen years.

Palladium outlook

In 2015, we predict an increase of gross palladium consumption by means of round 2% y-o-y to 9.8 million oz. on the returned of strong increase of fuel vehicles creation in China and a restoration in the US. Low oil cost should still deliver an extra incentive for the boost of vehicle sales within the US, in particular enormous engine SUVs, totally sensitive to grease expense. We anticipate sustained structural deficit in the palladium market because the supply keeps wanting demand within the absence of the cloth feed from the Russian executive stockpile. at the same time, we forecast that the obvious market deficit will reduce in 2015 to 500 thousand oz. after a list deficit in 2014, because the South African miners are returning to average construction volumes following the conclusion of the strike. We additionally reiterate our long-held view that the discount of palladium to platinum should proceed to reduce.

Platinum

After being quite solid all through 1H2014 at around USD 1,four hundred per ounce, when you consider that August platinum fee turned into heading downwards accomplishing USD 1,200 per troy ounce in December. In our opinion, platinum rate weakened in 2H14 on the returned of the declining gold fee compounded by the commodity-large terrible have an effect on of US dollar strengthening. On excellent of that, the actual availability of metallic all the way through the unparalleled labour strike in South Africa reassured the market that the above-the-ground shares of platinum are large sufficient to catch up on any primary mine supply disruption. funding demand additionally reduced in 2014, with ETFs gathering about 230 thousand troy ounces of platinum vs over 900 thousand oz. a year ago. in consequence, the general platinum price in 2014 become down 7% y-o-y to USD 1,386 per troy ounce.

Platinum outlook

even if we trust that the platinum market will proceed to be in apparent deficit in 2015, an ongoing susceptible economic sentiment in Europe together with the devaluation of ZAR and as a consequence reduced platinum production cost in USD terms, will proceed to exert the superior affect over price, preserving it beneath the essentially justified degree within the brief-time period. The fresh guidance given by South African platinum producers to enhance PGMs (primarily platinum) output in 2016-2017 poses the risk that market deficit could reduce extra.

at the identical, at the present ZAR/USD alternate fee about 20% of South African platinum production is making losses, which should still serve as incentive for a recuperation in platinum. in addition, we see a possibility that the plenty expected new wave of extra metal supply from new mines can also no longer materialize due to a couple of energy, labour and regulatory concerns. We additionally estimate that the obtainable international above-the-ground platinum inventories are decrease the commonly believed.

We forecast that platinum market to reduce obvious deficit to about 340 thousand troy ounces in 2015 from 1,100 thousand troy ounces as the South African miners are restoring production volumes returned to pre-strike tiers. We believe that the apparent market deficit may still in the reduction of extra in 2016 as platinum supply will proceed to develop.

KEY SEGMENTAL HIGHLIGHTS

+-------------------------------------+-----------+-----------+--------------+ | USD million unless cited otherwise | FY2014 | FY2013 | exchange y-o-y | +-------------------------------------+-----------+-----------+--------------+ | income |   eleven,869  |   eleven,499  | 3% | +-------------------------------------+-----------+-----------+--------------+ | Polar Division |   eight,937  |   eight,345  | 7% | +-------------------------------------+-----------+-----------+--------------+ | Kola MMC |   1,one hundred  |   1,005  | 9% | +-------------------------------------+-----------+-----------+--------------+ | NN Harjavalta |   986  |   1,004  | (2%) | +-------------------------------------+-----------+-----------+--------------+ | other metallurgical property |   154  |   221  | (30%) | +-------------------------------------+-----------+-----------+--------------+ | other non-metallurgical assets |   1,997  |   2,173  | (eight%) | +-------------------------------------+-----------+-----------+--------------+ | Inter-enterprise eliminations | (1,305)  | (1,249)  | four% | +-------------------------------------+-----------+-----------+--------------+ | EBITDA |   5 681  |   4,198  | 35% | +-------------------------------------+-----------+-----------+--------------+ | Polar Division |   5,625  |   4,655  | 21% | +-------------------------------------+-----------+-----------+--------------+ | Kola MMC |   346  |   141  | a hundred forty five% | +-------------------------------------+-----------+-----------+--------------+ | NN Harjavalta |   70  |   44  | 60% | +-------------------------------------+-----------+-----------+--------------+ | different metallurgical property | (61)  | (265)  | (77%) | +-------------------------------------+-----------+-----------+--------------+ | different non-metallurgical belongings |   78  |   41  | 83% | +-------------------------------------+-----------+-----------+--------------+ | company costs and prices | (377)  | (418)  | (10%) | +-------------------------------------+-----------+-----------+--------------+ | EBITDA margin % | 48% | 37% | 11 p.p. | +-------------------------------------+-----------+-----------+--------------+ | Polar Division | 63% | fifty six% | 7 p.p. | +-------------------------------------+-----------+-----------+--------------+ | Kola MMC | 31% | 14% | 17 p.p. | +-------------------------------------+-----------+-----------+--------------+ | NN Harjavalta | 7% | 4% | three p.p. | +-------------------------------------+-----------+-----------+--------------+ | different metallurgical assets | -forty% | -120% | eighty p.p. | +-------------------------------------+-----------+-----------+--------------+ | other non-metallurgical belongings | 4% | 2% | 2 p.p. | +-------------------------------------+-----------+-----------+--------------+

* EBITDA of Polar Division expanded with the aid of 21% y-o-y to USD 5,625 million driven primarily via the depreciation of Russian rouble towards US  dollar (+ USD 875 million) and cash charge saving initiatives.

* EBITDA of Kola MMC expanded by using one hundred forty five% y-o-y to USD 346 million additionally on the again of Russian rouble devaluation (+ USD 186 million).

* EBITDA of Harjavalta expanded by way of 60% y-o-y to USD 70 million on the whole driven via the devaluation of Euro vs US dollar (+ USD 26 million)

* EBITDA of alternative mining assets become negative, but more advantageous via USD 204 million owing to the sale of Australian assets (+ USD forty six million), lower creation at Tati Nickel (+ USD 25 million) and the comparative affect of 1-off loss in 2013 as a result of accrual of land rich tax in Australia (USD 158 mln).

* corporate expenses and prices were down via 10% y-o-y (- USD 41 million) in general driven by using the rouble depreciation. metallic income extent AND salary

+----------------------------------------+------+------+---------------------+ |  |FY2014|FY2013| change y-o-y| +----------------------------------------+------+------+---------------------+ | entire products  | +----------------------------------------+------+------+---------------------+ |Russian entities |  |  |  | +----------------------------------------+------+------+---------------------+ |Nickel (thousand tonnes) | 228| 232| (2%)| +----------------------------------------+------+------+---------------------+ |Copper (thousand tonnes) | 356| 358| (1%)| +----------------------------------------+------+------+---------------------+ |Palladium (thousand oz) | 2,667| 2,579| three%| +----------------------------------------+------+------+---------------------+ |Platinum (thousand oz) | 629| 629|  | +----------------------------------------+------+------+---------------------+ |Finland |  |  |  | +----------------------------------------+------+------+---------------------+ |Nickel (thousand tonnes) | forty two| forty five| (7%)| +----------------------------------------+------+------+---------------------+ | Semi-items | +----------------------------------------+------+------+---------------------+ |Finland |  |  |  | +----------------------------------------+------+------+---------------------+ |Copper cake (thousand tonnes) (1)) | eleven| 7| 57%| +----------------------------------------+------+------+---------------------+ |Botswana |  |  |  | +----------------------------------------+------+------+---------------------+ |Nickel (thousand tonnes) | 3| 7| (fifty seven%)| +----------------------------------------+------+------+---------------------+ |Copper (thousand tonnes) | 2| 5| (60%)| +----------------------------------------+------+------+---------------------+ |Australia |  |  |  | +----------------------------------------+------+------+---------------------+ |Nickel (thousand tonnes) | 0| 2| 0| +----------------------------------------+------+------+---------------------+ | metallic revenue, physical volumes, via beginning of production (2)) | +----------------------------------------+------+------+---------------------+ |total neighborhood, with the exception of South Africa (3))|  |  |  | +----------------------------------------+------+------+---------------------+ |Nickel (thousand tonnes) | 273| 286| (5%)| +----------------------------------------+------+------+---------------------+ |Copper (thousand tonnes) | 369| 370|  | +----------------------------------------+------+------+---------------------+ |Palladium (thousand oz)( 4)()) | 2,745| 2,645| 4%| +----------------------------------------+------+------+---------------------+ |Platinum (thousand oz.)( four)) | 660| 651| 1%| +----------------------------------------+------+------+---------------------+ |Gold (thousand ounces) (four)()) | 143| 131| 9%| +----------------------------------------+------+------+---------------------+ |Rhodium (thousand oz) (four)()) | 91| 82| eleven%| +----------------------------------------+------+------+---------------------+ |Cobalt (thousand tonnes) | 5,7| 5,four| 6%| +----------------------------------------+------+------+---------------------+ |Silver (thousand oz.) | 2,396| 2,242| 7%| +----------------------------------------+------+------+---------------------+ | standard realized rate of metals produced in Russia, Norilsk Nickel own | | construction | +----------------------------------------+------+------+---------------------+ |metal |  |  |  | +----------------------------------------+------+------+---------------------+ |Nickel (in USD per tonne) |17,072|15,156| 13%| +----------------------------------------+------+------+---------------------+ |Copper (in USD per tonne) | 6 931| 7 397| (6%)| +----------------------------------------+------+------+---------------------+ |Palladium (in USD per troy ounce) | 804| 725| 11%| +----------------------------------------+------+------+---------------------+ |Platinum (in USD per troy ounce) | 1,388| 1,481| (6%)| +----------------------------------------+------+------+---------------------+ |Cobalt (in USD per tonne) |30,040|26,913| 12%| +----------------------------------------+------+------+---------------------+ |Gold (in USD per troy ounce) | 1,266| 1,409| (10%)| +----------------------------------------+------+------+---------------------+ |Rhodium (in USD per troy ounce) | 1,139| 1,026| 11%| +----------------------------------------+------+------+---------------------+ |complete income |eleven,869|11,499| three%| +----------------------------------------+------+------+---------------------+

+----------------------------------------------------+ | earnings | +--------------------------+--------+--------+-------+ | Nickel | four,676 | 4,355 | 7% | +--------------------------+--------+--------+-------+ | Copper | 2,536 | 2,721 |  (7%) | +--------------------------+--------+--------+-------+ | Palladium | 2,291 | 1,935 | 18% | +--------------------------+--------+--------+-------+ | Platinum | 902 | 956 | (6%) | +--------------------------+--------+--------+-------+ | different metals | 491 | 450 | 9% | +--------------------------+--------+--------+-------+ | income from steel sales | 10,896 | 10,417 | 5% | +--------------------------+--------+--------+-------+ | salary from different sales | 973 | 1 082 | (10%) | | | | |   | +--------------------------+--------+--------+-------+

1) Copper cake is a semi-product with typical copper content material of 38-forty%. 2) All counsel is introduced on the bases of metals content material in realized products. All tips is introduced on the groundwork of a hundred% ownership of subsidiaries, aside from earnings of metals purchased from third events. 3) The working consequences of Nkomati Nickel Mine (South Africa) are proven within the fiscal statements in response to group's 50% ownership and are offered as operating consequences of buddies. 4) All assistance is in accordance with awareness of valuable metals in copper cake.

metal sales salary in 2014 increased 5% y-o-y to USD 10,896 million because of better earnings quantity of PGMs coupled with the raise of realized expenditures of nickel (+13% y-o-y) and palladium (+eleven% y-o-y), which pretty much fully offset the negative have an effect on from lower nickel earnings volumes (-5% y-o-y) and weaker costs of copper (-6% y-o-y) and platinum (-6% y-o-y).

Nickel

Nickel remained the biggest contributor to the business's income, expanding its share from forty two% of total metals revenue in 2013 to 43%  in 2014. In 2014, nickel earnings increased 7% y-o-y (or with the aid of USD 321 million) to USD four,676 million. the overall effect of the enhance in standard realized price became USD 517 million offsetting lower physical revenue volumes (- USD 196 million).

The regular realized nickel fee elevated 13% y-o-y to USD 17,072 per tonne in 2014 from USD 15,156  in 2013.

sales volume of nickel produced via Norilsk Nickel in Russia from personal feedstock elevated by way of 1% y-o-y to 222 thousand tonnes based on production volumes. in the meantime, the earnings extent of tolling metallic lowered via 50% from 12 to 6 thousand tonnes as a part of the implementation of the new downstream method aiming to load all the business's refining skill with its personal feedstock.

earnings quantity of nickel produced at Harjavalta lowered by 7% y-o-y to forty two thousand tonnes owing to a reduction of output due to lessen purchases of semi- items from third events. The earnings quantity of semi-comprehensive nickel products produced by Norilsk Nickel foreign (except Norilsk Nickel Harjavalta and 50%-owned Nkomati Nickel Mine) diminished via 7 thousand tonnes due to the disposal of Australian mining belongings and reduced creation volumes at Tati Nickel.

Copper

In 2014, copper salary accounted for 23% of the company's complete profits from steel sales declining 7% y-o-y (or through USD 185 mln) to USD 2,536 million due to decreased average realized fee (- USD 177 mln) and lessen earnings volumes ( - USD 8 mln).

The typical realized copper fee lowered 6% y-o-y to USD 6,931 per tonne in 2014 from USD 7,397 in 2013.

physical quantity of copper income produced through Norilsk Nickel in Russia lowered 1% y-o-y (or via 2 thousand tonnes). earnings of copper produced from personal feedstock increased by way of 3 thousand tonnes to 347 thousand tonnes as a result of the reduction of finished items in inventory. The revenue volume of copper made from bought semi-products decreased through 5 thousand tonnes to 9 thousand tonnes.

income of semi-finished copper products produced at Harjavalta extended fifty seven% y-o- y (or by using four thousand tonnes) to eleven thousand tonnes. extent of copper revenue in semi-comprehensive products produced by means of Tati Nickel decreased 57% y-o-y to 2 thousand tonnes due to the reduce of mined metal volumes.

Palladium

In 2014, palladium profits accounted for 21% of the enterprise's total profits from steel revenue. The community's revenue from palladium revenue accelerated 18% y-o-y ( or by using USD 356 mln) to USD 2,291 mln owing to both increased actual earnings volumes (+ USD 118 million) and better regular expense (+ USD 238 million)

The standard realized palladium expense improved eleven% y-o-y to USD 804 per troy ounce in 2014 from USD 725 per troy ounce in 2013. revenue of palladium produced in Russia improved 15% y-o-y from USD 1,870 million in 2013 to USD 2,142 million in 2014. The growth turned into driven both by way of realized price appreciation (eleven% y-o-y) and higher revenue volumes due to an increase of the metal output and a reduce of entire goods  inventories. in addition, in 2014 the enterprise sold 101 thousand oz. of palladium for USD 79 million, which had been  purchased from third events to deliver the metal below the company's contractual tasks with strategic valued clientele. Platinum

In 2014, platinum earnings accounted for 8% of the company's complete revenue from metallic earnings. The platinum profits diminished 6% y-o-y (or by USD 54 million) to USD 902 million with an increase in earnings volumes (+ USD 13 mln) best partly offsetting the price depreciation (- USD 67 mln).

The normal realized platinum price decreased 6% y-o-y from USD 956 per troy ounce in 2013  to USD 902 per troy ounce. revenue of platinum produced by means of Norilsk Nickel in Russia diminished through 7% y-o-y to USD 869 million in 2014 from USD 932 million in 2013 as a result of decline in regular realized expense while the actual sales remained widely unchanged. The income extent of platinum in copper cake produced via NN Harjavalta multiplied from USD 20 mln in 2013 to USD 30 mln in 2014 as a result of larger creation volumes of copper cake.

different metals

salary from different metal sales in 2014 elevated by means of 10% y-o-y to USD 491 million pushed through bigger salary from sales of gold (+1% y-o-y), cobalt (+26% y-o-y) and rhodium (+25% y-o-y).

other sales

In 2014, earnings from different earnings diminished by 10% y-o-y to USD 973 million because of the depreciation of Russian rouble in opposition t US greenback as primary half of those operations were nominated in Russian roubles.

+----------------------+--------+--------+--------------+ | USD million | FY2014 | FY2013 | change y-o-y | +----------------------+--------+--------+--------------+ | energy and utilities | one hundred sixty five | one hundred twenty five | 32% | +----------------------+--------+--------+--------------+ | Transport | 514 | 611 | (sixteen%) | +----------------------+--------+--------+--------------+ | other | 294 | 346 | (15%) | +----------------------+--------+--------+--------------+ | complete | 973 | 1 082 | (10%) | +----------------------+--------+--------+--------------+

enhance in energy and utility sales by way of 32% y-o-y (or via USD 40 million) is as a result of the absolute raise of revenue with the aid of USD sixty one million, off-set negatively by the impact of translation to presentation foreign money (depreciation of Russian RUB against USD) within the volume of USD 21 million. absolutely the increase was pushed through greater features volumes supplied to the metropolis of Norilsk residents, which was coupled with a tariff inflation. moreover, starting from 2014, the income kind energy income to third events by way of Kola MMC in the amount of USD 32 million was recognized as energy and utilities earnings.

decrease in transport earnings with the aid of 16% y-o-y (or through USD 97 million) resulted from an absolute enhance of income through USD 3 million, which turned into off-set via the poor volume of USD one hundred million which become the impact of translation to presentation forex. the absolute growth in profits changed into pushed by means of the better quantity of transportation and capabilities rendered to 3rd events.

different income reduced by way of 15% y-o-y (or USD fifty two million) basically as a result of the effect of translation to presentation foreign money (depreciation of Russian RUB towards USD) in the volume of USD 60 million, partly offset by using the growth in nominal income with the aid of USD eight million. absolutely the increase of nominal sales turned into pushed by means of the raise of retail functions in the city of Norilsk.

cost OF metallic sales

can charge of metals earnings

In 2014, the entire charge of metal revenue diminished 13% y-o-y to USD four,805 million driven broadly speaking by:

* discount of money operating charges by way of USD 689 million (or 15% y-o-y); * discount of depreciation expenses by way of USD 56 million (or 7% y-o-y); * change in metal inventories which expanded cost of steel earnings with the aid of USD 5 million. money operating expenses

In 2014, the full money working costs lowered by means of 15% y-o-y (or USD 689 million) and to USD four,067 million pushed through:

* effect of Russian rouble devaluation in opposition t US dollar (reduction with the aid of USD 631 million) ; * a variety of cash cost optimization initiatives (reduction via USD 167 million). at the same time, these saving have been negatively offset by using USD 109 million raise within the cost of acquisition of raw materials, semi-complete products and scrap.

The allocation of money operating can charge between main productions instruments in 2014 became as follows:

* Russia - 84% * Finland (NN Harjavalta) - 12% * Norilsk Nickel foreign - 4% +----------------------------------------------+-----+-----+-------------+ |USD million | 2014| 2013|change, y-o-y| +----------------------------------------------+-----+-----+-------------+ |money operating prices |  |  |  | +----------------------------------------------+-----+-----+-------------+ |Labour |1 574|1 830| (14%)| +----------------------------------------------+-----+-----+-------------+ |raw materials and semi-items for processing| 745|  694| 7%| +----------------------------------------------+-----+-----+-------------+ |substances and components | 537| 713| (25%)| +----------------------------------------------+-----+-----+-------------+ |Outsourced third party functions | 436| 557| (22%)| +----------------------------------------------+-----+-----+-------------+ |Taxes without delay attr. to cost of goods offered | 194| 258| (25%)| +----------------------------------------------+-----+-----+-------------+ |Utilities | 198| 221| (10%)| +----------------------------------------------+-----+-----+-------------+ |gas | 128| 199| (36%)| +----------------------------------------------+-----+-----+-------------+ |Transportation fees | 87| 117| (26%)| +----------------------------------------------+-----+-----+-------------+ |Metals for resale | eighty four| 26| 223%| +----------------------------------------------+-----+-----+-------------+ |Sundry costs | 84| 141| (forty%)| +----------------------------------------------+-----+-----+-------------+ |money working charges |4 067|4 756| (15%)| +----------------------------------------------+-----+-----+-------------+ |Amortisation and depreciation | 698| 754| (7%)| +----------------------------------------------+-----+-----+-------------+ |reduce/(enhance) in metallic inventories | forty| 35| 14%| +----------------------------------------------+-----+-----+-------------+ |complete charge of steel sales, of which: |four 805|5 545| (13%)| +----------------------------------------------+-----+-----+-------------+ |Russia |4 one hundred twenty|four 733| (13%)| +----------------------------------------------+-----+-----+-------------+ |NN Harjavalta | 485| 504| (four%)| +----------------------------------------------+-----+-----+-------------+ |NN foreign | 200| 308| (35%)| +----------------------------------------------+-----+-----+-------------+

Labour

In 2014, the share of labour fees accelerated to 39% of the total money expenses.

In 2014, labour expenses lowered 14% y-o-y to USD 1,574 million driven with the aid of here:

* USD 307 million lower owing to the Russian rouble depreciation in opposition t US dollar; * USD 6 million lessen as a result of the sale of Australian mining property; * USD forty five million enhance because of the indexation of wages and salaries of construction personnel in Russia in accordance with domestic inflation, which turned into partly offset via a reduction in employees headcount; * USD 12 million enhance due to the consolidation for the complete year of the fiscal consequences of OJSC Norilskgazprom (Norilsk Nickel's subsidiary because 01.04.2013); raw substances and semi-products for processing

money cost of acquisition of raw substances and semi-products for extra processing improved by way of 7% y-o-y (or USD fifty one million) to USD 745 million due to right here:

* USD 21 million lower as a result of reduce quantity of purchased uncooked materials from third parties for refining at NN Harjavalta and Kola MMC, of which: * Kola MMC's can charge decreased by way of USD 37 million as a result of the termination of elements from Fortaleza; * NN Harjavalta's charge increased through USD sixteen million due to a rise in focus purchases from Talvivaara and Mirabella, * USD 72 million enhance as a result of better steel fees and changes within the structure of bought uncooked materials. Metals for resale

expenses on acquisition of metals for resale multiplied by USD 58 million (or 223% y-o-y) to USD 84 million primarily due to multiplied palladium purchases for an immediate resale in order to fulfill contractual preparations with strategic valued clientele.

materials and materials

materials and supplies cash fees decreased through 25% y-o-y (or USD 176 million) to USD 537 million pushed by here:

* USD 118 million reduce due to the Russian rouble depreciation towards US greenback; * USD 42 million money cost reduction at Russian construction property, particularly due to the implementation of cost control initiatives and re-classification of obsolescence allowance accruals to other working fees; * USD sixteen million cash cost lessen as a consequence of the sale of Australian mining property and decrease of creation volumes at Tati Nickel; Outsourced third party features

In 2014, the cash charge of third birthday celebration capabilities decreased with the aid of 22% y-o-y (or USD 121 million) to USD 436 million driven by means of here:

* USD 70 million reduce because of the interpretation of monetary statements into presentation foreign money (depreciation of Russian rouble in opposition t US greenback); * USD 41 million decrease of coverage prices due to revised contractual arrangements; * USD 24 million reduce of outsourced mining prices as a result of the sale of Australian mining belongings and lessen production volumes at Tati Nickel; * USD 14 million raise of expenses for repairs and protection, and tolling capabilities. Taxes at once caused by cost of items bought

·       Mineral extraction taxes and environmental prices in 2014 accelerated with the aid of 25% y-o-y (or USD sixty four million) to USD 194 million as a result of:

* USD 43 million reduce because of depreciation of Russian rouble against US dollar; * USD 21 million lessen as a result of the correction of mineral extraction tax of prior years at Polar division as a result of a unique tax base calculation. Utilities

In 2014, energy fees lowered 10% y-o-y (or with the aid of USD 23 million) to USD 198 million mainly because of the devaluation of Russian rouble against US dollar (- USD 23 million).

fuel

gasoline prices diminished via 36% y-o-y (or by means of USD 71 million) to USD 128 million pushed with the aid of:

* USD 36 million lessen of gas purchases in Russian amenities basically because of Norilskgazprom consolidation due to the fact 01.04.2013; * USD 35 million lessen as a result of translation of fiscal statements into presentation foreign money (depreciation of Russian rouble towards US dollar). Transportation prices

In 2014, transportation charges decreased 26% y-o-y (or via USD 30 million) to USD 87 million pushed by using here:

* USD 17 million reduce due to the consolidation of Norilskgazprom (gasoline transportation functions) and lessen shipments of purchased uncooked materials to Kola MMC; * USD 13 million lessen due to the depreciation of Russian rouble against US dollar. Sundry costs

Sundry fees declined forty% y-o-y (or by means of USD 57 million) to USD 84 million driven by way of:

* USD 22 million lessen because of the translation of monetary statements into presentation foreign money (depreciation of Russian rouble towards US dollar) * USD 35 million absolute lessen in sundry costs. Amortisation and depreciation

In 2014, amortisation and depreciation of construction property reduced 7% y-o-y (or with the aid of USD 56 million) to USD 698 million on the back of the following:

* USD 123 million reduction because of Russian rouble devaluation in opposition t US greenback; * USD 17 million lower of depreciation prices at Australian and African assets, following disposals of one of the international property; * USD 67 million of absolute enhance of depreciation charges as outcomes of the commissioning of capital constructions in Russia (+USD 84 million) and consolidation of Norilskgazprom (+USD 15 million). reduce of metallic inventories

Consolidated metal inventories in 2014 lowered 14% y-o-y (or via USD 40 million) as a result of:

* USD 9 million reduce in steel inventories in Russia and NN Harjavalta; * USD 31 million lessen in metallic inventories at Tati Nickel. can charge of alternative revenue

+-----------------------+--------+--------+--------------+ | USD million | FY2014 | FY2013 | trade y-o-y | +-----------------------+--------+--------+--------------+ | power and utilities  | 203 | 137 | forty eight% | +-----------------------+--------+--------+--------------+ | Transport | 471 | 545 | (14%) | +-----------------------+--------+--------+--------------+ | different | 195 | 279 | (30%) | +-----------------------+--------+--------+--------------+ | total | 869 | 961 | (10%) | +-----------------------+--------+--------+--------------+

In 2014, cost of different income diminished by using 10% y-o-y to USD 869 million basically pushed by the depreciation of Russian rouble in opposition t US dollar.

Gross earnings margin of different income remained practically unchanged as in comparison to 2013 at eleven%.

selling AND DISTRIBUTION prices

+-------------------------+--------+--------+--------------+ | USD million | FY2014 | FY2013 | change y-o-y | +-------------------------+--------+--------+--------------+ | Export custom tasks | 225 | 374 | (40%)  | +-------------------------+--------+--------+--------------+ | Transportation charges | 15 | 26 | (forty two%) | +-------------------------+--------+--------+--------------+ | Labour | 23 | 20 |  15% | +-------------------------+--------+--------+--------------+ | advertising and marketing | 66 | 19 | 247% | +-------------------------+--------+--------+--------------+ | different | 6 | 6 |   | +-------------------------+--------+--------+--------------+ | total | 335 | 445 | (25%) | +-------------------------+--------+--------+--------------+

promoting and distribution expenses in 2014 diminished by means of 25% y-o-y to USD 335 million.

reduce of export duties with the aid of forty% y-o-y became basically regarding the cancellation of nickel and copper export responsibilities from August 21, 2014 onwards.

can charge of marketing and advertising charges extended by means of USD 47 million primarily as outcome of the advertising and marketing campaigns in Asia and Europe.

ordinary and administrative costs

+---------------------------------------------------+------+------+------------+ |USD million |FY2014|FY2013|change y-o-y| +---------------------------------------------------+------+------+------------+ |Labour | 465| 572| (19%)| +---------------------------------------------------+------+------+------------+ |Third birthday celebration features | 111| 121| (eight%)| +---------------------------------------------------+------+------+------------+ |Taxes other than those without delay because of | 98| one hundred ten| (eleven%)| |charge of items offered and salary taxes | | | | +---------------------------------------------------+------+------+------------+ |Amortization and depreciation | 27| 36| (25%)| +---------------------------------------------------+------+------+------------+ |Transportation charges | sixteen| 17| (6%)| +---------------------------------------------------+------+------+------------+ |other | ninety five| 108| (12%)| +---------------------------------------------------+------+------+------------+ |total | 812| 964| (16%)| +---------------------------------------------------+------+------+------------+

In 2014, customary and administrative expenses diminished by using 16% y-o-y to USD 812 million, as a result of the Russian rouble depreciation in opposition t US dollar.

Labour expenses diminished via 19% y-o-y to USD 465 million as a result of:

* USD 97 million lessen involving the Russian rouble depreciation towards US dollar; * USD 6 million decrease pushed by the cancellation of the mind-blowing stock alternative plan.

Third celebration features diminished through 8% y-o-y (or by USD 10 million) to USD 111 million driven by using:

* USD 21 million lessen because of Russian rouble depreciation in opposition t USD; * USD 8 million reduce of alternative prices; * USD 19 million increase of consulting, IT and different knowledgeable services as a result of the implementation of initiatives concerning the development of operational efficiency and automatisation of company's strategies. FINANCE prices

+-------------------------------------------------------+----+----+------------+ |USD million |2014|2013|exchange y-o-y| +-------------------------------------------------------+----+----+------------+ |pastime fee on borrowings web of quantities | a hundred thirty five| 311| (57%)| |capitalized | | | | +-------------------------------------------------------+----+----+------------+ |Unwinding of bargain on provisions | 43| 64| (33%)| +-------------------------------------------------------+----+----+------------+ |other | 1| 1|  | +-------------------------------------------------------+----+----+------------+ |total | 179| 376| (52%)| +-------------------------------------------------------+----+----+------------+

Finance expenses had been down fifty two% y-o-y to USD 179 million in 2014. The reduction of finance prices have been due to the capitalization of the pastime expenses related to capex financing for USD a hundred forty five million in addition to due to the reduction in amortization of the discount on ambiance rehabilitation liabilities of Australian assets held for sale.

income TAX cost

In 2014, revenue tax price accelerated 17% y-o-y to USD 660 million basically due to an increase in pre-tax profit.

The useful tax expense amounted to 25% in 2014, which changed into above the statutory tax rate of 20% as effect of the focus of non-deductible loss from the disposal of Australian belongings as neatly because the reduction of market cost of energy stocks. The constructive tax rate decreased to 25% from forty two% in 2013 primarily due to the vastly lessen losses on revaluation of power stocks.

EBITDA RECONCILIATION

+--------------------+-------+-------+---------+ | USD million | 2014 | 2013 | Y-o-y | +--------------------+-------+-------+---------+ | operating earnings | 4 746 | 2 476 | ninety two% | +--------------------+-------+-------+---------+ | Amortisation | 805 | 881 | (9%) | +--------------------+-------+-------+---------+ | Impairment of PP&E | 130 | 841 | (eighty five%) | +--------------------+-------+-------+---------+ | EBITDA | 5 681 | four 198 | 35% | +--------------------+-------+-------+---------+ | EBITDA margin | forty eight% | 37% | 11 p.p. | +--------------------+-------+-------+---------+

In 2014, EBITDA extended 35% y-o-y (or through about USD 1.5 billion) to USD 5,681 million with EBITDA margin increasing to forty eight% from 37% in 2013. EBITDA boom changed into above all as a result of the favorable macro components, corresponding to RUB depreciation against USD (USD 760 million) and better metal costs (USD 419 million), as smartly as the reduction in money operating costs and increase of realized metals' premiums, with a mixed impact for a total volume USD 256 million.

web profit earlier than IMPAIRMENT charges AND FX LOSSES RECONCILIATION

+----------------------------------------------------+-------+-------+-------+ | USD million | 2014 | 2013 | Y-o-y | +----------------------------------------------------+-------+-------+-------+ | internet earnings | 2 000 | 765 | 161% | +----------------------------------------------------+-------+-------+-------+ | Impairment of PP&E | a hundred thirty | 841 | (eighty five%) | +----------------------------------------------------+-------+-------+-------+ | Impairment of accessible for sale investments | 244 | 729 | (67%) | +----------------------------------------------------+-------+-------+-------+ | international alternate loss | 1 594 | 202 | 689% | +----------------------------------------------------+-------+-------+-------+ | web income earlier than impairment prices and FX losses | 3 968 | 2 537 | 56% | +----------------------------------------------------+-------+-------+-------+

money move

+-------------------------------------------------------+-------+-------+------+ |USD million | 2014| 2013| Y-o-y| +-------------------------------------------------------+-------+-------+------+ |cash generated from operations earlier than adjustments in | 5 770| four 375| 32%| |working capital and earnings tax | | | | +-------------------------------------------------------+-------+-------+------+ |reduction of working capital | 1 002| 554| 81%| +-------------------------------------------------------+-------+-------+------+ |revenue tax paid | (825)| (585)| forty one%| +-------------------------------------------------------+-------+-------+------+ |internet cash generated from operating actions | 5 947| 4 344| 37%| +-------------------------------------------------------+-------+-------+------+ |purchase of property, plant and equipment |(1 298)|(1 989)| (35%)| +-------------------------------------------------------+-------+-------+------+ |other investments | seventy six| 251| (70%)| +-------------------------------------------------------+-------+-------+------+ |web cash used in investing activities |(1 222)|(1 738)| (30%)| +-------------------------------------------------------+-------+-------+------+ |internet money used in financing actions |(2 979)|(1 975)| 51%| +-------------------------------------------------------+-------+-------+------+ |consequences of overseas change modifications on balances of | (578)| (38)| 15x| |money and cash equivalents | | | | +-------------------------------------------------------+-------+-------+------+ |other | 4| (9)|(one hundred forty four%)| +-------------------------------------------------------+-------+-------+------+ |net boost in money and money equivalents | 1 172| 584| 101%| +-------------------------------------------------------+-------+-------+------+

In 2014, internet cash generated from operations improved 37% y-o-y to USD 5,947 million pushed by way of:

* Accelerated discount of working capital amounting to USD 1 billion up from USD 554 million in 2013, * EBITDA increase by using USD 1.5 billion driven by means of foreign money devaluation and improved metal expenditures. WORKING CAPITAL RECONCILIATION

+-----------------------------------------------------------+-------+-------+ | USD million | 2014 | 2013 | +-----------------------------------------------------------+-------+-------+ | exchange of net working capital in the steadiness sheet, much less: | 1 935 | 1 054 | +-----------------------------------------------------------+-------+-------+ |   foreign exchange alterations | (859) | (247) | +-----------------------------------------------------------+-------+-------+ |   alternate in profits tax payable | 103 | (117) | +-----------------------------------------------------------+-------+-------+ |   Transferred to the belongings held for income | (6) | (32) | +-----------------------------------------------------------+-------+-------+ |   Non-cash changes, together with reserves | (171) | (104) | +-----------------------------------------------------------+-------+-------+ | alternate of working capital per money movement | 1,002 | 554 | +-----------------------------------------------------------+-------+-------+

web working capital in the steadiness sheet reduced 64% y-o-y (or with the aid of USD 1,935 million) to USD 1,083 million by December 31, 2014. In 2014, management persevered to execute on right here initatives resulting in extra working capital optimization:

* enhance of factoring of exchange receivables by using USD 278 million, * boost of advances from clients by means of USD 456 million, * Accelerated reimbursement of VAT on export earnings by using USD 15 million. CAPEX BREAKDOWN

+-------------------------------------------+-------+-------+-------+ | USD million | 2014 | 2013 | Y-o-y | +-------------------------------------------+-------+-------+-------+ | Polar Division, together with | 1076 | 1679 | (36%) | +-------------------------------------------+-------+-------+-------+ | Skalisty mine | 122 | 335 | (sixty four%) | +-------------------------------------------+-------+-------+-------+ | Taymirksy mine | 68 | fifty nine | 15% | +-------------------------------------------+-------+-------+-------+ | Komsomolsky mine | 73 | fifty six | 30% | +-------------------------------------------+-------+-------+-------+ | Oktyabrsky mine | eighty five | ninety six | (eleven%) | +-------------------------------------------+-------+-------+-------+ | Talnakh enrichment plant | 171 | 182 | (6%) | +-------------------------------------------+-------+-------+-------+ | different industrial initiatives | 557 | 951 | (forty one%) | +-------------------------------------------+-------+-------+-------+ | Kola MMC | 106 | 117 | (9%) | +-------------------------------------------+-------+-------+-------+ | Chita copper task (Bystrinsky challenge) | 89 | 163 | (forty five%) | +-------------------------------------------+-------+-------+-------+ | different construction assets | 6 | eleven | (forty five%) | +-------------------------------------------+-------+-------+-------+ | Intangible assets | 21 | 19 | 11% | +-------------------------------------------+-------+-------+-------+ | total  capital expenditures | 1 298 | 1 989 | (35%) | +-------------------------------------------+-------+-------+-------+

In 2014, capital expenditures reduced 35% y-o-y to USD 1,298 million basically due to roll-out of investment governance self-discipline during the reduction of advance payments to suppliers and extension of deferred funds, a evaluate and optimization of mining initiatives of the Polar division and optimization of the building time table of Chita copper venture. Devaluation of Russian RUB towards USD contributed to the reduction of capital expenses by using USD 261 million.

DEBT AND LIQUIDITY administration

+---------------+-----------------+-----------------+----------------+---------+ |USD million | As of December| As of December| change, USD|exchange, %| | | 31, 2014| 31, 2013| million| | +---------------+-----------------+-----------------+----------------+---------+ |long-time period | 5 678| 5 173| 505| 10%| +---------------+-----------------+-----------------+----------------+---------+ |short-time period | 652| 1 032| (380)| (37%)| +---------------+-----------------+-----------------+----------------+---------+ |complete debt | 6 330| 6 205| one hundred twenty five| 2%| +---------------+-----------------+-----------------+----------------+---------+ |internet debt | 3 537| four 584| (1 047)| (23%)| +---------------+-----------------+-----------------+----------------+---------+ |internet debt/EBITDA| 0.6x| 1.1x|  |  | +---------------+-----------------+-----------------+----------------+---------+

As of December 31, 2014, short-time period debt decreased with the aid of pretty much twice (or through USD 380 million) to USD 652 million, whereas long-time period debt elevated from USD 5.2 billion to USD 5.7 billion. As influence, by using December 31, 2014, the proportion of brief- time period debt reduced to 10% from 17% in 2013.

As of December 31, 2014, web debt reduced by using well-nigh 25% y-o-y to USD 3.5 billion, whereas internet debt/EBITDA ratio reduced to 0.6x from 1.1x in 2013.

even with challenging credit score market circumstances, the business entered into a couple of bilateral lengthy-term loan agreements, mainly with overseas banks, totaling approximately USD 2 billion, which represented approximately a third of the enterprise's gross debt. The funds raised had been used to refinance the present debt portfolio. Importantly, the debt portfolio remained totally unsecured, the normal charge of debt remained unchanged, while the typical debt maturity became extended to forty months. The collectors' confidence in the company rests on Norilsk Nickel's robust fiscal position and international mining industry leadership.

As of conclusion of March, 2015, the credit score ratings of the enterprise assigned by S&P and Fitch remained at investment grade degree (BBB- and BBB-, respectively) despite S&P's downgrade of the Russia sovereign on January 26, 2015 one notch under investment grade (BB+).

On February 20, 2015, Moody's decreased Russia sovereign to sub-funding grade rating of Ba1 with a negative outlook in addition to decreased sovereign ceiling to Ba1. in view that company scores can not exceed the sovereign ceiling, Moody's decreased the business's credit rating to Ba1 on February 25, 2015.

*    *    * administration of the enterprise will focus on the consequences with buyers and analysts throughout a conference call held at 6:00pm Moscow time (four:00pm London / eleven:00am big apple)  on March 31, 2015. conference call should be held in Russian and English. Webcast link: http://aspect.media-server.com/m/p/d5rqo4xw

Russian convention name dial-ins (confirmation code 6811005)

Russia +7 (495) 213 09 77

UK +44 (0) 20 3427 19 19

united states of america + 1 212 444 08 ninety five

Toll Free:

Russia eight 800 500 93 12

UK 0 800 279 57 36

usa 1 877 280 23 forty two

English conference name dial-ins (confirmation code 2022369)

Russia +7 (495) 213 09 seventy eight

UK +forty four (0) 20 3427 19 00

united states +1 646 254 33 sixty seven

Toll Free:

Russia eight 800 500 ninety three 11

UK 0 800 279 50 04

us of a 1 877 280 22 96

The webcast replay might be accessible until March 31, 2016 on http://facet.media-server.com/m/p/d5rqo4xw

The slide presentations will even be available for download on the business's web site: http://www.nornik.ru/en/main

Attachment A

CONSOLIDATED revenue commentary FOR THE year ENDED 31 DECEMBER 2014

US bucks million

    12 months ended   year ended 31/12/2014 31/12/2013 ------------ ------------ profits

steel sales   10,896   10,417

other sales   973   1,082 ------------ ------------ complete income   11,869   eleven,499

can charge of steel income    (4,805)   (5,545)

charge of different revenue    (869)   (961) ------------ ------------ Gross income    6,195   four,993

selling and distribution prices   (335)   (445)

common and administrative expenses   (812)   (964)

Impairment of property, plant and machine   (one hundred thirty)   (841)

other web operating costs   (172)   (267) ------------ ------------ working earnings   4,746   2,476

Finance fees   (179)   (376)

Impairment of available for sale investments together with impairment losses reclassified from other complete salary (244)   (728)

(Loss)/benefit from disposal of subsidiaries and belongings categorised as held for sale (213)   sixty six

income from investments, internet   ninety four   fifty one

international trade loss, web   (1,594)   (202)

Share of profits of associates   50   forty three

earnings earlier than tax   2,660   1,330

profits tax expense   (660)   (565) ------------ ------------ profit for the 12 months   2,000   765 ------------ ------------ caused by:

Shareholders of the mother or father company   2,003   774

Non-controlling pursuits   (three)   (9) ------------ ------------     2,000   765 ------------ ------------ salary PER SHARE

primary and diluted salary per share caused by shareholders of the parent business (US greenbacks per share)   12.7   4.9 ------------ -------------

Attachment B

CONSOLIDATED commentary OF economic position AT 31 DECEMBER 2014 US dollars million

  31/12/2014 31/12/2013 ------------ ----------- belongings

Non-current property

Property, plant and device   7,011   eleven,222

Intangible property   forty three   58

Investments in friends   17   29

other monetary property   204   738

other taxes receivable   6   14

Deferred tax belongings   53   26

other non-existing property   130   202 ------------ -----------

    7,464   12,289 ------------ ----------- current belongings

Inventories   1,726   2,955

alternate and different receivables   275   633

Advances paid and prepaid charges   sixty three   93

other financial property   87   26

profits tax receivable   127   61

other taxes receivable   178   509

cash and cash equivalents   2,793   1,621 ------------ -----------     5,249   5,898

------------ ----------- assets classified as held on the market   436   594 ------------ -----------

    5,685   6,492 ------------ -----------

complete belongings   13,149   18,781 ------------ -----------

fairness AND LIABILITIES

Capital and reserves

Share capital   6   6

Share top class   1,254   1,254

Translation  reserve   (4785)   (1231)

investment revaluation reserve   (2)   1

Retained earnings   8,295   9,589 ------------ -----------

fairness as a result of shareholders of the guardian company   four,768   9,619

Non-controlling hobbies   25   131 ------------ -----------

    four,793   9,750 ------------ -----------

Non-current liabilities

Loans and borrowings   5,678   5,173

worker benefit responsibilities   6   54

Provisions   274   716

Deferred tax liabilities   216   382 ------------ -----------

    6,174   6,325 ------------ ----------- current liabilities

Loans and borrowings   652   1,032

employee improvement duties   252   415

alternate and other payables   912   619

Provisions   156   28

spinoff financial devices   5   5

income tax payable   23   1

different taxes payable   ninety nine   198 ------------ -----------

    2,099   2,298

Liabilities linked to belongings categorised as held on the market   83   408 ------------ -----------

    2,182   2,706

------------ ----------- total LIABILITIES   eight,356   9,031 ------------ -----------

total fairness AND LIABILITIES   13,149   18,781 ------------ -----------

Attachment C

CONSOLIDATED statement OF money FLOWS FOR THE 12 months ENDED 31 DECEMBER 2014

US bucks million

  12 months ended   year ended 31/12/2014 31/12/2013 ------------ ------------ operating actions

earnings earlier than tax 2,660   1,330

changes for:

Depreciation and amortisation 805   881

Impairment of property, plant and device a hundred thirty   841

Impairment of intangible assets     eleven

Impairment of economic property 244   729

Loss on disposal of property, plant and machine 28   18

Share of profits of buddies (50)   (43)

Loss/(benefit) from disposal of subsidiaries and property categorised as held for sale 213   (sixty six)

trade in provisions and allowances 55   21

Finance prices and salary from investments, internet 85   324

foreign alternate loss, web 1,594   202

trade in allowance for value introduced tax recoverable 14   169

excess of decrease in decommissioning responsibilities over  internet ebook cost of property (12)   (one zero five)

different four   63 ------------ ------------   5,770   four,375

actions in working capital:

Inventories ninety four   (9)

alternate and different receivables 237   389

Advances paid and prepaid fees (7)   (16)

different taxes receivable 162   380

employee advantage tasks (sixteen)   (sixty seven)

alternate and different payables 515   (fifty eight)

Provisions for social commitments (21)   (forty two)

other taxes payable   38   (23) ------------ ------------

money generated from operations 6,772   4,929

income tax paid (825)   (585) ------------ ------------ web cash generated from working actions 5,947   four,344 ------------ ------------ INVESTING actions

Acquisition of subsidiary, net of cash obtained     (15)

net cash from disposal of subsidiaries     sixty five

buy of property, plant and equipment (1,277)   (1,970)

Proceeds from disposal of property, plant and machine 20   18

Proceeds from disposal of belongings classified as held for sale 24

buy of intangible belongings (21)   (19)

purchase of alternative monetary assets (9)   (a hundred and fifty five)

buy of alternative non-present property (35)   (forty seven)

mortgage repaid via related birthday party     9

net alternate in deposits placed (106)   215

activity received 88   fifty two

Proceeds from sale of alternative economic property ninety one   ninety seven

Dividends bought three   12 ------------ ------------ net money used in investing actions (1,222)   (1,738) ------------ ------------

CONSOLIDATED statement OF money FLOWS FOR THE 12 months ENDED 31 DECEMBER 2014 (persevered)

US dollars million

year ended   year ended 31/12/2014 31/12/2013

------------ -----------

FINANCING activities

Proceeds from loans and borrowings 1,916   6,001

Repayments of loans and borrowings (1,343)   (four,759)

Dividends paid (3,281)   (2,989)

hobby paid (259)   (229)

purchase-out of non-controlling pastime (12)

Proceeds from sales of shares from treasury stock     1 ------------ -----------

internet money used in financing activities (2,979)   (1,975) ------------ -----------

web raise in money and cash equivalents 1,746   631

money and money equivalents at starting of the yr 1,621   1,037

cash and cash equivalents of disposal neighborhood at beginning of the length 9

much less: cash and money equivalents of disposal neighborhood at end of the period (5)   (9)

results of foreign trade modifications on balances of cash and money equivalents (578)   (38) ------------ -----------

cash and cash equivalents at conclusion of the year 2,793   1,621 ------------ -----------

Attachment D   web Working Capital

--------------------------------------------------------- US dollars million incl. results of overseas alternate 31.12.2014   31.12.2013   change   adjustments ------------ ------------ -------- ----------------------

accomplished goods 389   573   (32%)   (183) inventories ------------ ------------ -------- ----------------------

Work-in-procedure 787   1 326   (41%)   (494) ------------ ------------ -------- ----------------------

different inventories 550   1 056   (forty eight%)   (425) ------------ ------------ -------- ----------------------

alternate and different 275   633   (57%)   (83) receivables ------------ ------------ -------- ----------------------

Advances paid and 63   ninety three   (32%)   (23) pay as you go charges ------------ ------------ -------- ----------------------

Taxes receivable 305   570   (forty six%)   (224) ------------ ------------ -------- ----------------------

employee benefit (252)   (415)   (39%)   (164) responsibilities ------------ ------------ -------- ----------------------

change and other (912)   (619)   47%   (343) payables ------------ ------------ -------- ----------------------

Taxes payable (122)   (199)   (39%)   (66) ------------ ------------ -------- ----------------------

total 1 083   3 018   (64%)   (859) ------------ ------------ -------- ----------------------

This announcement is dispensed by using GlobeNewswire on behalf of GlobeNewswire shoppers. The owner of this announcement warrants that: (i) the releases contained herein are protected by means of copyright and other applicable laws; and (ii) they are fully accountable for the content, accuracy and originality of the suggestions contained therein.

source: MMC Norilsk Nickel by way of GlobeNewswire [HUG#1907835]

B114RK6R84

Copyright RTT information/dpa-AFX


Do you desire Chris Kaman again in Portland? You be the trail Blazers GM | killexams.com real questions and Pass4sure dumps

With the Portland path Blazers 2014-15 season wrapped, we consider the roster participant-by means of-player, giving the lovers the power of who should dwell and who should go.

place: C top/Weight: 7-0/265 NBA experience: 12 seasons 2014-15 revenue: $4.8 million Contract repute: Kaman accomplished the first 12 months of two-yr, $9.eight million free agent contract. The 2nd year is barely in part certain at $1 million. The Blazers hold a crew option for 2015-sixteen season.

2014-15 season notables: looked in seventy four video games (13 starts) in his first season with Portland, averaging eight.6 facets (fifty one.5% FG), 6.5 rebounds and nil.9 assists in 18.9 minutes. ... Scored a season-excessive sixteen features on five diverse activities. ... Made a season-high eight box desires (out of 10) towards New Orleans on Dec. 20 (sixteen elements) ... Grabbed a season-most fulfilling 13 rebounds twice. ... Shot a perfect 6-of-6 against Dallas on Nov. 6, marking the primary profession time that he shot one hundred percent from the container with six or more makes an attempt.

12 months G MPG PPG RPG APG SPG BPG TOPG FG% 3P% feet% 12-13 DAL sixty six 20.7 10.five5.6 0.8 0.4 0.eight 1.6 .507 .000 .788 13-14 LAL 39 18.910.4 5.nine1.five0.three 1.0 1.9 .509 .000 .765 14-15 POR seventy four 18.nine8.6 6.five0.nine0.2 0.7 1.5 .515  --- .706 career 719 27.2 eleven.4 7.7 1.three 0.4 1.3 2.1 .489 .000 .742

Chris Kaman wasn't the path Blazers' first alternative when the free agency period opened remaining summer, however he become a pretty good Plan B. 

Armed with the midlevel and biannual exceptions, GM Neil Olshey sought to bolster the Blazers' bench with precedence No. 1 scouring the free agent marketplace for a flooring-spacing big man.

The shortlist of stretch fours included former Blazers Channing Frye and Josh McRoberts, with Spencer Hawes the good goal. but after Frye and McRoberts inked greater profitable free agent deals, and Hawes opted to signal with the l. a. Clippers over becoming a member of the Blazers, Olshey turned to a well-known and legitimate face hungry to once again play for a winner. 

"i wanted to go someplace the place I felt like i'd healthy, that i'd truly support the team," Kaman spoke of after signing a two-yr, $9.8 million deal with Portland in July, "and not go to a team where they have been making an attempt to construct or rebuild or where i would get stuck on the bench or play a small role. i wished to go someplace the place I feel like i used to be going to support the team."

Kaman turned into a welcomed addition a plenty-maligned 2d unit, now not simplest presenting veteran balance and a scoring punch as a backup to Robin Lopez, but additionally serving as a mentor to a 22-yr-old Meyers Leonard. 

A former All-megastar with the Clippers -- the place his relationship with Olshey and Blazers assistant Kim Hughes all started -- Kaman came to Portland with career averages of eleven.7 elements and 7.9 rebounds, looking to function a utility player in the second unit.

"My job is to come back off the bench this yr and be as effective as possible and that's the reason what i am attempting to do," Kaman spoke of after scoring 12 features on 6 for 10 from the ground and grabbing six rebounds in his Blazers debut. 

He led all of Portland reserves in scoring with 8.6 facets per video game, including 6.5 rebounds in 74 video games this season. Kaman posted double-digit scoring on 30 events, 24 instances recording at the least 10 elements and five rebounds. Three of his four double-doubles this season came in a reserve function. 

He began 13 straight games in January, averaging 8.8 points and eight.6 rebounds in 25 minutes a night in location of injured bigs Lopez and Joel Freeland.

Like a lot of his teammates, Kaman turned into not immune to the injury worm. He ignored eight common-season games with a considerable number of illnesses (returned, shoulder, thumb), with an ankle harm forcing him out of two playoff appearances. 

although admittedly on the backend of his profession, Kaman, 33, showed he will also be a productive member of a successful ball membership. With the Blazers preserving a crew choice on his contract for 2015-16, it's up to Olshey if that construction continues in Portland. 

If Kaman has it his way it's going to. 

"i'd like to play for the Blazers (subsequent year)," Kaman, heading into his 13th season, talked about all through his exit interview with the media. "It turned into a pretty good season. I felt like i used to be capable of play and simply do my aspect for probably the most half. ... I told Terry he's the primary coach I have not hated when the season became over considering the fact that Mike Dunleavy. it be been a long time that I haven't hated somebody." 

You come to a decision: Do you believe Portland should still use the group alternative on Kaman, brining him lower back next yr? How would you verify his season with the Blazers? cast your vote and publish your comments on why Chris Kaman may still live or go.

remaining year's vote: N/A.



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We provide Pass4sure Questions and Answers and exam simulators for the candidates to prepare their exam and pass at first attempt.

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