Our Financial Performance

Growth underpinned by Value Creation through Innovation strategy, focus on key markets and positive market conditions

Key Figures and Ratios		4Q	4Q	1-4Q	1-4Q
(Quarter ending December 31, 2007)		2007	2006	2007	2006
Sales Revenue	EUR M	1,610	1,423	6,350	5,742
Operating profit / (loss)	EUR M	28	108	451	353
Net profit / (loss) after tax	EUR M	58	100	533	327
Reduction / (increase) in net interest-bearing debt	EUR M	64	136	(7)	58
Gearing	%			27	34
ROCE after tax	%			22	17

Net profit growth of 29% (excluding one-off gain from sale of Norwegian operations) underpinned by Value Creation through Innovation strategy, focus on key market segments, and positive market conditions.
Competitiveness in Europe and growth in Middle East and Asia prepare Borealis for future market challenges.
Base Chemicals established as a “second leg” to the integrated Polyolefin’s business.

Borealis, a leading provider of innovative, value creating plastics solutions, reveals strong financial results for 2007 with a net profit of EUR 533 million, compared to EUR 327 million the year before, an increase of 63% (or 29% without the one-off gain from the sale of the Norwegian operations).

The result corresponds to a return on capital employed (ROCE) after tax of 22% (18% without the one-off gain from the sale of the Norwegian operations) compared to 17% in 2006.

Net interest-bearing debt increased by EUR 7 million during 2006, while the gearing ratio fell from 34% in 2006 to 27% at year-end 2007.