Calculated in accordance with the IAS, the net profit of United Company RUSAL amounted to $821m last year, compared with $5.98bn worth of net profit in the year 2008, the company’s official release states.

RUSAL’s revenues went down by 48% in the year 2009 and came to $8.16bn. The company says this had to do with the decreasing aluminum prices and shrinking sales volumes.

The enterprise’s aluminum output was 11% smaller in the year 2009 than in the year 2008 and only reached 3.9 million tons as the production at the least profitable facilities had to be cut back on. Then, the alumina output went down by 36% in 2009 compared with the year earlier and came to 7.3 million tons as the high-cost alumina enterprises had to be halted for the time being. Also, the company’s bauxite output shrank by 41%.