Naftna Industrija Srbije a.d. (BELEX:NIIS)

Revenue by Segment

Financials in millions RSD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Upstream	60.42B	51.11B	63.48B	45.52B	30.29B
Upstream Growth	18.23%	-19.50%	39.46%	50.28%	-37.31%
DWS - Petrochemical	22.53B	12.06B	-	-	-
DWS - Petrochemical Growth	86.87%	-	-	-	-
DWS - Downstream	382.50B	402.14B	-	-	-
DWS - Downstream Growth	-4.89%	-	-	-	-
Eliminations	-57.39B	-53.16B	-61.25B	-44.14B	-30.07B
Processing and Marketing	-	-	511.45B	293.78B	183.61B
Processing and Marketing Growth	-	-	74.09%	60.01%	-32.56%
Total	408.07B	412.15B	513.69B	295.16B	183.83B
Total Growth	-0.99%	-19.77%	74.04%	60.56%	-32.44%

Revenue by Geography

Financials in millions RSD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Serbia	317.88B	336.68B	416.19B	217.55B	137.09B
Serbia Growth	-5.58%	-19.10%	91.31%	58.69%	-30.61%
Romania	5.33B	5.38B	15.44B	16.86B	10.90B
Romania Growth	-0.93%	-65.17%	-8.43%	54.61%	-18.72%
Bosnia and Herzegovina	32.74B	28.94B	35.96B	24.81B	13.46B
Bosnia and Herzegovina Growth	13.13%	-19.52%	44.90%	84.32%	-50.90%
Bulgaria	8.02B	8.55B	13.43B	13.18B	10.19B
Bulgaria Growth	-6.25%	-36.31%	1.87%	29.36%	-30.01%
Other Markets	19.52B	19.29B	25.35B	5.27B	3.04B
Other Markets Growth	1.22%	-23.91%	380.63%	73.47%	-52.77%
Other Export and International Sales	24.58B	13.31B	7.33B	5.70B	3.57B
Other Export and International Sales Growth	84.59%	81.59%	28.63%	59.59%	-18.18%
Switzerland	-	-	-	1.88B	453.06M
Switzerland Growth	-	-	-	314.97%	-76.01%
Croatia	-	-	-	2.60B	1.66B
Croatia Growth	-	-	-	56.82%	-31.87%
Northern Macedonia	-	-	-	502.95M	790.71M
Northern Macedonia Growth	-	-	-	-36.39%	-41.16%
Hungary	-	-	-	947.19M	779.41M
Hungary Growth	-	-	-	21.53%	-51.61%
Great Britain	-	-	-	4.52B	903.22M
Great Britain Growth	-	-	-	400.11%	-15.05%
Germany	-	-	-	1.34B	985.63M
Germany Growth	-	-	-	36.00%	-
Total	408.07B	412.15B	513.69B	295.16B	183.83B
Total Growth	-0.99%	-19.77%	74.04%	60.56%	-32.44%

Source: S&P Global Market Intelligence.