Solvay key figures 2012

World player with a sustainable and profitable growth strategy

Note applicable to the entire document referring to 2012 and comparable 2011 figures:
Solvay Indupa, Vinyls South America activity is reported as “Assets held for sale” as from Q4’12. As a consequence and for comparability purposes, historical references for 2012 and 2011 within this report has been restated to present Solvay Indupa as discontinued activities and as “Assets held for sale”. Net sales comprise the sales of goods and value-added services corresponding to Solvay’s know-how and core business. Net sales exclude other revenues primarily comprising commodity and utility trading transactions and other revenue deemed as incidental by the Group. Adj. REBITDA: Operating result before depreciation and amortization, non-recurring items, financial charges and income taxes. Adjusted Profit & Loss indicators exclude non-cash Purchase Price Allocation (PPA) accounting impacts related to the Rhodia acquisition. All references to year-on-year (yoy) evolution must be understood on a pro forma basis for 2011, as if the acquisition of Rhodia had be-come effective from the 1st of January 2011. On a pro forma basis Solvay 2011 historical figures were restated in order to harmonize accounting policies among the two Group Legacies. Pro forma results exclude impacts from i) purchase price allocation entries; ii) nonrecurring acquisition costs related to the Rhodia transaction and iii) financial revenues on cash deposits and investments.