Economy

Economy

At the end of July 2013, official reserve assets amounted to LTL 20.6 billion (EUR 6.0 billion). In July, they increased by LTL 1.3 billion, i.e. by 6.7 per cent.

ORLEN Lietuva financial performance in H1 2013 significantly improved comparing to the same period of 2012. EBITDA in LIFO increased by USD 15 million Y/Y, from USD 28 million in 2012 to USD 43 million in 2013. Net cash flow generated from operating activities was above the last year level by USD 251 million and can be explained by the reduction in working capital.

 

 

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