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1) Excluding discontinued operations
| Hydro's results for 2008 were significantly impacted as the global financial crisis led to a dramatic fall in world demand for primary aluminium and aluminium products toward the end of 2008. |
| The major growth investments in 2008 were the development of the Qatalum primary aluminium plant in Qatar, the third expansion of the alumina plant Alunorte in Brazil which was completed in the third quarter and the Aluminium Products acquisitions of Expral and Alumafel in Spain. |
| Due to demanding markets and low forward visibility in both the aluminium and financial markets, Hydro's Board of Directors proposes to forgo a dividend payment for 2008. |
| The reduction in number of employees is primarily a result of the divestment of Hydro Polymers and Hydro Production Partner. Almost 500 employees were added through acquisitions in Extrusion and Building Systems. |
| We achieved a 7 percent reduction in the total number of personal injuries per million hours worked. Our target was a 20 percent. We had three fatal accidents related to our business in 2008. |
| Hydro has continuously reduced its greenhouse gas emissions. The reduction comes as a result of systematic operational improvements, the introduction of new technology at our metal plants, and in recent years also closure of plants and process lines. |