4 e g a p Key Financial Indicators 7 Highlights 2009 8 Organizational Chart 10 Supervisory Board 12 Management Board 14 Corporate Information 18 PC Pharmaceuticals 36 PC Chemistry, Cosmetics and Botanicals 70 Investor Information 76 Consolidated Financial Statement 84 Contacts / Subsidiaries 130 5 e g a p 6 e g a p KEY FINANCIAL INDICATORS (In 000 MKD) Amount Amount Index 2009 2008 09/08 Total Revenues 5,705,067 5,015,557 113.75 Sales 5,466,389 4,725,737 115.67 Gross Profit 2,568,932 2,257,021 113.82 Operative Profit 668,859 652,332 102.53 Profit Before Tax 622,053 610,865 101.83 Net Profit 558,485 501,784 111.30 Total Assets 7,678,054 7,071,455 108.58 Capital 6,271,012 5,813,945 107.86 Net Cash Flow (104,717) (18,201) 575.34 Investments in Fixed Assets 509,084 392,345 129.75 Average Number of Employees 1,204 1,148 104.88 Sales per Employee 4,540 4,116 110.29 Current Ratio 2.56 2.59 98.71 Long-term Debts 0.00 0.00 48.78 ROE Return on Equity 8.91 8.63 103.19 EPS Earnings per Share (in MKD Denars) 392.55 352.66 111.31 DPS Dividend per Share (in MKD Denars) 136.00 123.00 110.57 Total Number of Shares 1,431,353 1,431,353 100.00 1 EUR / 1 MKD 61.2728 61.2654 100.01 FINANCIAL HIGHLIGHTS (In 000 EUR) Amount Amount Index 2009 2008 09/08 Total Revenues 93,109 81,866 113.73 Sales 89,214 77,135 115.66 EBIT Earnings Before Interest and Taxes 10,916 10,648 102.52 Net Profit 9,115 8,190 111.29 EPS Earnings per Share 6.41 5.76 111.30 7 e g a p Despite the The institute for Development economic crisis, and Quality Control started Alkaloid ended 2009 its full operations with double digit growth in the incomes and the profit. Total revenues are increased by 16% and the net profit has risen by 11% compared to 2008 Alkaloid opened its first production facility outside Macedonia. Presently, 19 pharmaceutical forms are registered in Serbia Alkaloid was granted a Certificate for GMP Compliance by the Slovenian Agency for Medicinal Products and Medical Devices (JAZMP) for non-sterile liquid pharmaceutical dosage forms for oral and topical use Alkaloid AD Skopje sponsored and actively participated in the 5th EGA South East Europe Pharmaceutical Symposium held in Ohrid, R. Macedonia Foundation “Trajche Mukaetov” granted 40 new scholarships to students from the Faculty of Medicine and the Faculty of Pharmacy at the University Sts. Cyril and Methodius Current Topics in Pediatrics 2009 and 1st Balkans Conference of Pediatricians as well as the 6th Balkans Congress of Microbiologists and Microbiologia Balcanica 2009 were sponsored by Alkaloid AD Skopje Alkaloid was awarded for the safest employer by the Macedonian Occupational Safety and Health Association Becutan was awarded with Superbrands S T status in Croatia H G 9 CEO and MB and Macedonia LI H 0 G President Mr. I H 0 Zhivko Mukaetov 2 was elected for Person of the year for 2009 by the Macedonian weekly magazine FORUM. Mr. Mukaetov was also awarded by the European Movement of the Republic of Macedonia for his contribution in the promotion of the Republic of Macedonia, its economy and culture in Europe as well as promotion of the European ideas and values. The Rector of the University “Sts. Cyril and Methodius” granted a plaque to Mr. Zhivko Mukaetov for significant achievements connected with the educational, scientific, research and cultural activities as well as affirmation of the University in the country and abroad The chess club of Alkaloid joined the world chess elite