Annual Report 2010 RUS

Нighlights2010 HighlightsShareholder Information

Chairman & CEO Messages

Strategic Review

2010 Financial Review

Corporate Governance
& Risk Management

Download PDF ⁽¹⁾

2010 Financial Statements

Download PDF ⁽¹⁾

Full Report
in PDF Format

⁽¹⁾ All page references are applicable to the full report in the PDF format.

2010 Highlights

X5 in 2010

USD 13.0 billion
in Pro-Forma
Net Sales

USD 11.3 billion
in Consolidated
Net Sales

24%
Consolidated
Net Sales Growth
in RUR

29%
Consolidated
Net Sales Growth
in USD

X5 at 31 December 2010

Number
1
Russian Retailer

2,469
Multi-Format Stores
in Russia & Ukraine

1.6
million sq. m.
of Selling Space

Operations
in 52 Cities
of Russia and in Ukraine

Financial Highlights

	2010⁽¹⁾	2009	% change, y-o-y
Net Sales, USD million	11,280	8,717	29%
Gross Profit, USD million	2,629	2,108	25%
Gross Margin, %	23.3%	24.2%
EBITDA, USD million	844	736	15%
EBITDA Margin, %	7.5%	8.4%
Net Income, USD million	271	165	64%
Net Margin, %	2.4%	1.9%

⁽¹⁾Kopeyka results are consolidated from 1 December 2010.

In 2010 X5

Delivered on full-year
revenue growth target with
24%
consolidated
net sales growth
in RUR terms (29% in USD terms)

Added nearly
1,100 stores,
including 437 stores organically
and the rest through the
acquisition of Kopeyka
retail chain

Reported solid
like-for-like (LFL) sales
growth of 7%
in RUR terms

Recorded over
1.2 billion customer visits
to our stores