Source: Rosstat, World Bank estimates

fact forecast 2017

* From October 2015 to December 2017

Source: Rosstat, World Bank estimates

Source: Rosstat, World Bank estimates

Source: Megaresearch calculations based on data EMISS

Source: Megaresearch calculations based on data EMISS, FCS and expert opinions of market players

Source: Megaresearch calculations based on data Rosstat, EMISS and expert opinions of market players.

Source: Megaresearch calculations based on data Rosstat, expert opinions of market players

Source: Megaresearch calculations based on data EMISS, FCS

0,00

0,50

1,00

1,50

2,00

2,50

3,00

3,50

4,00

4,50

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

bottle production index jar production index index of investments gross product index

0,00

1,00

2,00

3,00

4,00

5,00

6,00

7,00

8,00

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

bottle production index jar production index population income index index of retail turnover

10 000

10 500

11 000

11 500

12 000

12 500

13 000

13 500

14 000

14 500

2010 2011 2012 2013 2014 2015

production consumption

4 000

4 200

4 400

4 600

4 800

5 000

5 200

5 400

5 600

2010 2011 2012 2013 2014 2015

production consumption

0

200

400

600

800

1000

1200

1400

2010 2011 2012 2013 2014 2015

production import consumption

0

200

400

600

800

1000

1200

1400

2010 2011 2012 2013 2014 2015

production import consumption

60,00

70,00

80,00

90,00

100,00

110,00

2010 2011 2012 2013 2014 2015

beer vodka (legal production)

alcoholic beverages wine

cognac

0

10

20

30

40

50

60

2010 2011 2012 2013 2014 2015

production import consumption

50,00

70,00

90,00

110,00

130,00

150,00

2010 2011 2012 2013 2014 2015

sparkling water canned fruits and vegetables

vegetable and fruit juices

70

80

90

100

110

120

130

140

150

2010 2011 2012 2013 2014 2015

beer vodka and potable spirit grape wine cognac

70

80

90

100

110

120

130

2010 2011 2012 2013 2014 2015

canned vegetables, fruit and tomato vegetable and fruit juices

500

600

700

800

900

1 000

1 100

2014 2015 2016

80

100

120

140

160

180

200

220

2014 2015 2016

4,0%

5,0%

6,0%

7,0%

8,0%

9,0%

10,0%

11,0%

all bottles colorless bottles

colored bottles jars

0

2

4

6

8

10

12

14

16

2016 2017 2018 2019 2020 2021

Total bottles jars

Source: Megaresearch calculations based on data EMISS, expert opinions of market players

23,2%

9,5%

8,6%

7,5%5,4%

5,0%4,6%

4,3%

3,8%

3,8%

2,9%

21,3%

Ruscam

Verallia

Rus-steklo

Chagodaglass plant group

Aktis firm

Alexinsky plant

krasnoe eho

Glass Production Group

Svet

Rasko

Ekran

Others

Legal production of vodka, thousands decalitres, Rosstat

2012 2013 2014 2015 2016 2017

January 4 460,31 3 113,93 2 213,50 2 879,08 2 300,00 4 360,00 February 6 001,09 4 457,20 4 309,98 3 763,08 3 200,00 5 563,00 March 6 864,65 5 347,20 4 181,59 4 260,05 4 500,00 6 721,00 April 6 996,98 5 747,71 4 858,75 4 988,67 6 500,00 6 938,00 May 8 345,36 5 842,23 5 156,51 4 878,45 6 300,00 6 139,00 June 9 614,24 5 819,94 5 356,49 6 104,39 6 300,00 6 257,00 July 5 004,30 5 584,72 6 057,11 5 119,57 5 700,00 August 6 853,71 7 101,04 5 722,16 6 103,35 5 800,00 September 8 953,82 7 741,97 7 129,15 6 442,01 6 900,00 October 9 695,19 9 761,16 7 212,20 6 561,37 7 800,00 November 11 237,41 11 319,22 6 966,23 6 572,38 9 600,00 December 13 758,21 13 843,58 7 289,96 6 237,14 8 300,00

YEAR 97 785,27 85 693,41 66 585,67 63 926,61 73 200,00 75 396,00

2008 – 2017

-43%

6,20-6,80 vs. 4,8-5,2 2017 year 2007 year

Salary

16%

Amortization

17%

Soda ash

14%

Sand

6%

Spar

2%

Cullet

8%

Other raw

materials

6%

Packaging materials

9%

Other technological

materials

2%

Other materials

1%

Moulds

2%

Gas

10%

Electroenergy

6%

Other costs

1%

Salary

16%

Amortization

10%

Soda ash

20%

Sand

7%

Spar

2%

Cullet

5%

Other raw materials

4%

Packaging materials

10%

Other

technological

materials

4%

Other materials

1%

Moulds

3%

Gas

9%

Electroenergy

7%

Other costs

2%

• Average caloric value of gas is 8 300 kcal

2017

2268

2818

3250 3370

3830

4255 4299 4340

4493

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Gas cost including transportation, RUB/thous. m3

* Price reduction of 2011-2012 is due to transition to another price category

1,4

1,59

1,83 1,74

1,65

1,8

2,1

2,27

2,70 2,80

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

The price for 1 kWh of electricity, rub.

7716,903408

8603,971535 8694,024576

9491,044446

9231,861265

9740,963627 9970,814852

11982,52219

14181,00

14909,32

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

The price for 1 ton of soda ash, rub VAT excluded

© 5 IHS