|Group Revenues for the year to 31 December 2013, increased by US$1,0m or 1,0% to reach the level of US$96,2m compared to US$95,2m in 2012. Sales in Europe increased by 4,1% or US$0,5m to reach the level of US$13,6m compared to US$13,1m in 2012. Sales in the CIS and Baltics decreased by US$7,7m or 14,1%, reaching the level of US$47,1m, compared to US$54,8m in 2012. Sales in the rest of the World continued to grow and exhibited a year-on-year increase of US$8,2m or 29,9%, reaching the level of US$35,5m, compared to US$27,3m in 2012.
The Group’s Gross Profit for the year, after charging product, transportation and insurance costs increased to US$69,6m compared to US$68,7m in 2012. The Gross Profit margin achieved in 2013 was 72% (2012: 72%).
The loss of the Group attributable to the shareholders of the Parent Company for the year 2013 amounted to US$1.736.949 (2012: US$1.441.585 profit).