In 2014 Interpipe Nizhnedneprovsk Tube-rolling Plant (NTZ) increased its net losses 15.2 times, to 1020.52 million UAH, YoY (66.97 million UAH in 2013).
According to the company statement, at the end of 2014 its retained earnings totaled 923.74 million UAH. Its current liabilities went up by 19.7%, to 4326.6 million UAH, while fixed liabilities increased 25 times, from 84.94 million UAH to 2128.75 million UAH. At the same time the plant increased its accounts receivable by 45.8%, to 5178.99 million tons.
Interpipe NTZ assets in 2014 increased by 24.3%, to 8.87 billion UAH, while its main assets went down by 3.9%, to 2.76 billion UAH.
NTZ capacities allow it to produce 850 thousand tons of 152-530 mm diameter pipes. (Ukrainian metal)