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3

December 31, 2010

December 31, 2011

December 31, 2012

December 31, 2013

December 31, 2014

Sales

3.503

4.266

3.976

4.141

4.499

Exports

844

1.100

1.144

983

1.103

EBITDA

245

326

277

341

328

Working Capital

875

1.003

1.110

1.091

1.198

CAPEX

166

296

352

304

323

Net Financial Debt

612

866

1.031

1.058

1.164

Total Assets

2.591

3.029

3.310

3.390

3.880

Financial Highlights

(USD million)