presentation currency 
Effect of changes in expected credit losses allowance for cash and cash equivalents            (31,850)     - 
Cash and cash equivalents at the beginning of the year                                         9,952,118    6,295,159 
Cash and cash equivalents at the end of the year                                               10,360,588   9,952,118 -----------------------------------------------------------------------------------------------------------------------

[1] EBITDA is defined as operating profit/(loss) adjusted for other operating income/expenses, depreciation and amortisation, amortisation of government grants, impairment of assets, excess of fair value of net assets acquired over the cost of acquisition, defined benefits scheme expense and provisions (including provision for obsolete inventory, ECL allowance and provision for impairment of trade and other receivables and other financial assets, unused vacation allowance, warranty provision, provision for legal claims, tax provision and other provisions). This measurement basis, therefore, excludes the effects of a number of non-recurring income and expenses on the results of the operating segments.

[2] Loss for the period adj. - is the reported Loss for the period, excluding the effects of goodwill impairment and impairment of previously recognized deferred tax asset

[3] Backlog - Portfolio of uncompleted orders and contracts

[4] Order intake - Portfolio of contracts and orders signed for a period

[5] Construction and design and engineering services of subcontractors

[6] SG&A expenses - Selling, General and Administrative Expenses, compiled of distribution & transportation expenses plus general & administrative ones -----------------------------------------------------------------------------------------------------------------------

[i] The industrial pumps business segment designs, engineers, manufactures and supplies a diverse range of pumps and pump-based integrated solutions to customers in the oil and gas, power generation and water utilities sectors in Russia, the CIS and internationally. The business segment's principal products include customized pumps and integrated solutions as well as pumps built to standard specifications; it also provides aftermarket maintenance and repair services and other support for its products.

[ii] The oil and gas equipment and projects business segment manufactures, installs and commissions modular pumping stations, automated metering equipment, oil, gas and water processing and preparation units and other equipment and systems for use primarily in oil extraction and transportation. The segment's core products are equipment packages and systems installed inside a self-contained, free-standing structure which can be transported on trailers and delivered to and installed on the customer's site as a modular but fully integrated part of the customer's technological process.

[iii] The compressors business segment designs, engineers, manufactures and supplies a diverse range of compressors and compressor-based solutions, including compressor units and compressor stations, to customers in the oil and gas, metals and mining and other basic industries in Russia. The business segment's principal products include customized compressors, series-produced compressors built to standard specifications, and compressor-based integrated solutions.

[iv] The construction provides construction works for projects for customers in the oil upstream and midstream, gas upstream. ----------------------------------------------------------------------------------------------------------------------- 


ISIN:           US40425X4079 
Category Code:  FR 
TIDM:           HMSG 
LEI Code:       254900DDFETNLASV8M53 
OAM Categories: 1.1. Annual financial and audit reports 
Sequence No.:   101792 
EQS News ID:    1189592 
 
End of Announcement  EQS News Service 
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April 28, 2021 04:01 ET (08:01 GMT)