Financial Highlights | Indorama Ventures

Million THB	2010	2011	2012	2013(R)	2014(R)	2015	2016	2017	2018	2019	2020	2021	2022	2023
Production (MMT)	3.186	4.361	5.255	5.804	6.249	7.024	8.729	9.103	10.419	12.340	13.72	14.72	14.65	13.91
Revenue from sale of goods	96,858	186,096	210,729	229,120	243,907	234,698	254,620	286,332	347,171	352,692	331,513	468,108	656,266	541,458
Reported Financials
Net Profit after Tax & NCI	10,414	15,557	2,740	1,523	1,675	6,609	16,197	20,883	26,465	5,252	2,414	26,288	31,006	(10,798)
Core Financials
Core EBITDA ⁽¹⁾⁽³⁾	12,599	16,894	14,341	14,683	18,458	21,958	27,366	34,077	46,589	35,603	35,161	55,763	79,872	44,686
Core EBIT ⁽³⁾	9,128	12,118	7,622	7,842	10,560	12,633	16,304	21,969	32,320	18,568	14,692	34,027	54,153	16,995
Core Net Profit after Tax & NCI ⁽²⁾⁽³⁾	6,784	9,329	1,438	1,709	3,841	6,156	9,653	15,576	25,488	12,002	7,987	21,887	34,561	2,332

Note

⁽¹⁾	Core EBITDA are EBITDA adjusted with net extraordinary expenses/(income) and inventory losses/(gains).
⁽²⁾	Reported Net Profit after Tax & NCI less inventory gain/(loss), extraordinary items (non-operational) and tax adjustment on inventory gain/(loss)
⁽³⁾	Please note that financial highlights has been normalized for our Lake Charles, Louisiana Ethylene Cracker (IVOL) which was not operating during 2020 and most part of 2021. Normalization is done for all years upto 2021. In order to make a fair assessment and analysis of our operating assets, management feels it appropriate to move the P&L values below EBITDA as extraordinary items including historical periods.