UKRAINE AT A GLANCE

Group G

Anastasiya Chernyshova 25.03.2010

CONTENT

• Company fact sheet • Market position ― ― ― Market share Clients profiles Ratings, membership in professional organizations • BDO UKRAINE – Services and Industries ― Priority industries ― Number of clients - sectors • Services and Managing Partner & Service Line Partners • Business structure by services Presentation name Page 2

BDO IN UKRAINE

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COMPANY FACT SHEET

In 1993 Balance-Audit, the audit and consulting company, was established.

In 1997 it joined the BDO International network. Since then the company is called BDO Balance-Audit.

In September 2003 the consulting company BDO Balance-Consulting was founded and registered. BDO Balance-Consulting changed its name. The new one is BDO Consulting.

In February 2009 the legal company BDO Legal Ukraine joined the BDO International network.

In March 2009 the valuation company BDO Valuation LLC joined the BDO International network.

In August 2009 BDO Balance-Audit changed its name. The new one is BDO. Renaming is the result of a new rebranding strategy of BDO International – accounting network, a Member Firm of which we are.

Nowadays, BDO companies in Ukraine are represented by three offices in Kiev and Dnepropetrovsk with staff of more then 180 high skilled specialists.

Kiev Dnepropetrovsk

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BDO IN UKRAINE - MARKET POSITION

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MARKET SHARE

BDO in Ukraine - 5.00%

Market share competitors:

Deloitte – 17% E&Y – 10% PwC – 7% KPMG – 6% Grant Thornton – 0,90% The foreign companies of the second echelon (other International audit network) 30% Ukrainian audit companies (National operators) & auditors, who operate on a private basis – 24.10% Presentation name Page 6

CLIENT PROFILES

Number of clients – market positioning:

Listed/publicly traded companies – 3 Private/family owned companies – 77 Government/public services – 16 Total number of clients - 96 Presentation name Page 7

RATINGS

National ranking

– 5

Source national ranking (based on the market share)

- Audit Chamber of Ukraine Here are the results of the rating performed by Best of Kyiv (rating Kyiv Post)

More than 2,000 online voters at kyivpost.com, expert panel pick 2009 Best of Kyiv winners: Presentation name Page 8

MEMBERSHIP IN PROFESSIONAL ORGANIZATIONS European Business Association, American Chamber of Commerce

Since February 22, 2010 BDO LLC is a member of European Business Association.

Established in 1999, the European Business Association has been operating as a forum to discuss and find solutions to problems affecting business in Ukraine. Currently the EBA, premier organization for foreign business in Ukraine, brings together over 750 European, Ukrainian and multinational companies.

European Business Association has six regional offices operating in Dnipropetrovsk, Donetsk, Kharkiv, Lviv, Odesa, Zhytomyr.

Since 2005 BDO LLC is a member of American Chamber of Commerce in Ukraine.

The American Chamber of Commerce in Ukraine is among the most active and effective non-government, non-profit business organizations operating in Ukraine. The Chamber is an apolitical organization and does not endorse or align with any single political party or personality but instead strives to work across party lines for the benefit of the internationally oriented business community and ultimately the Ukrainian economy. One of the Chamber’s principal activities is to represent the foreign investment community as well as to facilitate the entrance of potential new investors into this market. The Chamber advocates on behalf of the Membership not only to the Ukrainian government, but also to all other governments, which are economic partners of Ukraine, on matters of trade, commerce, and economic reform.

Chamber Member companies bring international expertise and business knowledge to Ukraine are among the largest taxpayers in Ukraine and strive to be good corporate citizens.

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BDO UKRAINE - SERVICES AND INDUSTRIES

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PRIORITY SERVICE LINES

BDO (audit)

• Audit • IFRS

implementation

• Internal audit • Agreed-upon

examination procedures

• Assistance to

CFOs

• Specialized

reviews and researches BDO CONSULTING

• Corporate finance • Organizational

changes

• HR consulting • Business planning

& budgeting

• Administrative

accounting

• Technical

consulting

• Strategic

consulting

• Accounting

outsourcing BDO LEGAL UKRAINE

• International

structuring

• Due diligence • M&A, Corporate

governance

• Litigation &

regulatory issues

• Legal consulting

BDO VALUATION TAX practice Valuation (in particular, under IVS and IFRS) of:

• business &

integral property complexes

• securities &

corporate rights

• intangible assets • real estate (land

plots, buildings, etc.)

• other property

(personal property, vehicles, equipment, cultural heritage sites, etc.)

• •

Тax consulting support in the process of creating an international company structure.

• • • • •

Written tax consulting. Tax audit consulting support to the clients. Tax consulting support in case of disputes with tax authorities. Assistance in preparation of tax statements. Tax planning and optimization. Verification of tax accounting accuracy, including corporate income tax, VAT, other taxes.

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PRIORITY INDUSTRIES

• agriculture • medicine • tourism (international hotel chains) • financial institutions • energy industry • telecommunications • media • mining • transportation • aviation • manufacturing (goods) • food industry • construction and real estate development business • exhibitions • real estate Presentation name Page 12

NUMBER OF CLIENTS - SECTORS

• Real Estate – 10 • Manufacturing – 27 • Retail – 15 • Tourism & Leisure – 1 • TMT (Tech, media & telecoms) – 5 • Banks & financial services – 11 • Insurance services – 12 • Not for profit - 15 Presentation name Page 13

SERVICES AND MANAGING PARTNER & Service Line Partners

Sergiy A. Balchenko Managing Partner, ILP BDO (audit) Netyksha Oksana, Consulting service manager BDO CONSULTING

• Audit • IFRS

implementation

• Internal audit • Agreed-upon

examination procedures

• Assistance to

CFOs

• Specialized

reviews and researches

• Corporate finance • Organizational

changes

• HR consulting • Business planning

& budgeting

• Administrative

accounting

• Technical

consulting

• Strategic

consulting

• Accounting

outsourcing Sergey Moliboh, Director of BDO Legal Ukraine BDO LEGAL UKRAINE

• International

structuring

• Due diligence • M&A, Corporate

governance

• Litigation &

regulatory issues

• Legal consulting

Andrey Lazarev, Director of Appraisal Company BDO Valuation LLC BDO VALUATION Valuation (in particular, under IVS and IFRS) of:

• business &

integral property complexes

• securities &

corporate rights

• intangible assets • real estate (land

plots, buildings, etc.)

• other property

(personal property, vehicles, equipment, cultural heritage sites, etc.) Nikolay Matyukha, Tax Consulting Service Line Partner TAX Practice

• •

Тax consulting support in the process of creating an international company structure.

• • • • •

Written tax consulting. Tax audit consulting support to the clients. Tax consulting support in case of disputes with tax authorities. Assistance in preparation of tax statements. Tax planning and optimization. Verification of tax accounting accuracy, including corporate income tax, VAT, other taxes.

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THANK YOU!

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