Key financial and operating data
Key Exploration and Production data 2008 2009 09/08 (%)
Gross crude oil reserves (MM bbl) 1 247.4 293.4 18.6
Gross natural gas reserves (MM boe) 1/2 285.2 371.7 30.3
Total gross hydrocarbon reserves (MM boe) 1/2 532.6 665.1 24.9
Average crude oil production (M bbl/day) 3 46.2 54.1 17.1
Average natural gas production (M boe/day) 3 40.1 53.9 34.4
Total hydrocarbon production (M boe/day) 3 86.3 108.0/142.5 25.1
Key Refining and Marketing data 2008 2009 09/08 (%)
Total refinery throughput (kt)8 18,141 19,700 8.6
Total crude oil product sales4/8 (kt) 17,735 19,365 9.2
Gas and heating oil fuel yield (%) MOL+SN+IES+INA 5/8 40.5 39.5 (2.5)
Gasoline yield (%) MOL+SN+IES+INA5/8 18.3 19.4 6.0
Fuel oil yield (%) MOL+SN+IES+INA5/8 1.1 2.2 100.0
Total number of filling stations6/8 1,076 1,658 54.1
Key Petrochemical data 2008 2009 09/08 (%)
Olefin sales (kt) 240 193 (19.6)
Polymer sales (kt) 1,118 1,153 3.1
Key Natural Gas Transmission data 2008 2009 09/08 (%)
Hungarian natural gas transmission (m cm) 15,140 14,913 (1.5)
Transit natural gas transmission (m cm) 2,427 1,768 (27,2)
Environmental and social performance data 2008 2009 09/08 (%)
CO2 emissions under EU ETS (mt) 7 6.39 5.14 (20)
Lost time injury frequency 0.99 1.18 19
 

1 Gross reserves according to SPE 2P rules. In case of INA, d.d. reserves data include MOL’s share proportionate to its ownership (47.16%) from reserves of INA, d.d. in 2008. Due to full consolidation of INA, d.d. reserves data for 2009 include 100 % of INA’s reserves.
2 Including condensate
3 Excluding the production of MMBF Ltd., including production of INA, d.d. from July 1, 2009
4 Exluding LPG and gas products but including feedstock transfer to Petrochemical segment
5 In case of the yields, the deviation is measured in percentage point.
6 Only fully consolidated subsidiaries
7 Slovnaft Thermal Power Plant was outsourced to CEZ-MOL European Power Slovakia JV company and is operated by JV from 1 April 2009, from this date data is excluded. Data from 2008 has been restated according to the verified data.
8 MOL Group with INA from 1 July, 2009
9 Total hydrocarbon production amounted to 142.5 M boe/day in Q4 2009.
 

 
Key financial data - IFRS
Continuing operation (HUF bn)
2008 2009 09/08 % 2009 (USD mn)4
Net revenue 3,535.0 3,226.0 (8.7) 15,947
EBITDA 351.1 467.7 33.2 2,312
EBITDA excluding special items1 345.9 384.9 11.3 1,903
Operating profit  199.2 248.6 24.8 1,229
Operating profit excluding special items2 194.0 170.5 (12.1) 843
Profit before tax  158.0 188.1 19.1 930
Profit for the year attributable to equity holders of the parent  141.4 117.4 (17.0) 580
Profit for the year attributable to equity holders
of the parent excluding special item2
210.4 137.1 (34.8) 798.3
Discontinuing operation (HUF bn) 2008 2009 09/08 % 2009 (USD mn)4
Profit for the year attributable to equity holders of the parent - (1.6) n.a. (8)
Total operation (HUF bn) 2008 2009 09/08 % 2009 (USD mn)4
Profit for the year 141.4 115.8 (18.1) 572
Operating cash flow 347.2 411.2 18.4 2,032
Capital expenditures and investments 578.9 380.7 (34.2) 1,882.0
Basic EPS - HUF and USD 1,604 1,357 (15.4) 6.7
Return On Equity (ROE) % 12.7 8.8 (30.7 n.a.
Return On Capital Employed (ROACE) %3 10.2 8.8 (13.7) n.a.
Clean ROACE %2/3 9.9 5.4 (45.5) n.a.
 

1 EBITDA the paraffin fine (HUF 5.8 bn) recognised in Q3 2008, the repayment by the Slovak Ministry of Finance of the unfounded penalty in Q4 2008 (HUF 4.6 bn), the receivable for subsequent settlement from E.ON in connection with the gas business sale for Q1 and Q2 2009 and 2008 (HUF 14.0 bn, HUF 14.2 bn and HUF 6.4 bn, respectively), a HUF 54.6 bn one-off non-cash revaluation gain, related to consolidating INA into MOL Group for the first time as required by IFRS 3R.
2 Operating profit excluding the paraffin fine (HUF 5.8 bn) recognised in Q3 2008, the repayment by the Slovak Ministry of Finance of the unfounded penalty in Q4 2008 (HUF 4.6 bn), the receivable for subsequent settlement from E.ON in connection with the gas business sale for Q1 and Q2 2009 and 2008 (HUF 14.0 bn, HUF 14.2 bn and HUF 6.4 bn, respectively), a HUF 54.6 bn one-off non-cash revaluation gain, related to consolidating INA into MOL Group for the first time as required by IFRS 3R and the impairment of IES goodwill recognized in Q4 2009 (HUF 4.7 bn).
3 Based on NOPLAT
4 In converting HUF financial data into USD, the following average NBH rate were used for for FY 2009: 202.3 HUF/USD. 

Disclaimer annual report 2009