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Table 1

Segment Data and Reconciliation of Operating Profit (Loss) to Operating EBITDA - a Non-U.S. GAAP Measure - Unaudited


                                                                                                            Three Months Ended                                      Twelve Months Ended
                                                                               March 31,                 June 30,      September 30,               December 31,          December 31,
(in $ millions)                                                                  2005                      2005            2005                        2005                  2005
Net Sales
 Advanced Engineered Materials                                                             239                     223                   212                 213                       887
 Consumer Specialties                                                                      212                     219                   208                 200                       839
 Industrial Specialties                                                                    206                     263                   305                 286                     1,060
 Acetyl Intermediates                                                                      690                     707                   731                 783                     2,911
 Other Activities 1                                                                         12                       8                     6                   6                        32
 Intersegment eliminations                                                                 (95)                    (99)                 (113)               (153)                     (460)
Total                                                                                    1,264                   1,321                 1,349               1,335                     5,269

Operating Profit (Loss)
 Advanced Engineered Materials                                                              39                        5                    18                (2)                        60
 Consumer Specialties                                                                       24                       27                    21                56                        128
 Industrial Specialties                                                                      -                        5                     5               (14)                        (4)
 Acetyl Intermediates                                                                      143                      121                    76               146                        486
 Other Activities 1                                                                        (83)                     (33)                  (38)              (30)                      (184)
Total                                                                                      123                      125                    82               156                        486


Equity Earnings and Other Income/(Expense) 2
 Advanced Engineered Materials                                                              12                       16                   15                 11                        54
 Consumer Specialties                                                                        -                        2                   (2)                 3                         3
 Industrial Specialties                                                                      -                        -                    -                  -                         -
 Acetyl Intermediates                                                                       12                      (10)                  32                 35                        69
 Other Activities 1                                                                         (8)                      18                   (2)                 5                        13
Total                                                                                       16                       26                   43                 54                       139


Other Charges and Other Adjustments 3
 Advanced Engineered Materials                                                               1                       20                    4                   6                           31
 Consumer Specialties                                                                        1                        -                   10                 (24)                         (13)
 Industrial Specialties                                                                      -                        2                    8                   1                           11
 Acetyl Intermediates                                                                       19                       11                   15                 (30)                          15
 Other Activities 1                                                                         45                      (10)                   2                   3                           40
Total                                                                                       66                       23                   39                 (44)                          84

Depreciation and Amortization Expense
 Advanced Engineered Materials                                                              15                       14                   13                 18                        60
 Consumer Specialties                                                                       12                       12                    7                 11                        42
 Industrial Specialties                                                                     12                       11                    7                 17                        47
 Acetyl Intermediates                                                                       17                       24                   35                 34                       110
 Other Activities 1                                                                          2                        2                    4                  1                         9
Total                                                                                       58                       63                   66                 81                       268

Operating EBITDA*
 Advanced Engineered Materials                                                              67                       55                   50                 33                        205
 Consumer Specialties                                                                       37                       41                   36                 46                        160
 Industrial Specialties                                                                     12                       18                   20                  4                         54
 Acetyl Intermediates                                                                      191                      146                  158                185                        680
 Other Activities 1                                                                        (44)                     (23)                 (34)               (21)                      (122)
Total                                                                                      263                      237                  230                247                        977
*Quarterly earnings for the discontinued Edmonton Methanol                                   18                       10                    4                  3                           35
operations have been included in Other Charges and Other Adjustments.


Oxo Alcohol Divestiture                                                                     22                       28                   22                  9                         81
Total Operating EBITDA - as reported                                                       285                      265                  252                256                      1,058


1
    Other Activities primarily includes corporate selling, general and administrative expenses and the results from captive insurance companies.
2
    Includes equity earnings from affiliates, dividends from cost investments and other income/(expense).
3
    Excludes adjustments to minority interest, net interest, taxes, depreciation, amortization and discontinued operations.
Table 1

Segment Data and Reconciliation of Operating Profit (Loss) to Operating EBITDA - a Non-U.S. GAAP Measure - Unaudited


                                                                                                            Three Months Ended                                      Twelve Months Ended
                                                                               March 31,                 June 30,      September 30,               December 31,          December 31,
(in $ millions)                                                                  2006                      2006            2006                        2006                  2006
Net Sales
 Advanced Engineered Materials                                                             231                     230                   230                 224                       915
 Consumer Specialties                                                                      216                     223                   213                 224                       876
 Industrial Specialties                                                                    311                     326                   335                 309                     1,281
 Acetyl Intermediates                                                                      809                     839                   872                 831                     3,351
 Other Activities 1                                                                          5                       6                     5                   6                        22
 Intersegment eliminations                                                                (152)                   (167)                 (184)               (164)                     (667)
Total                                                                                    1,420                   1,457                 1,471               1,430                     5,778

Operating Profit (Loss)
 Advanced Engineered Materials                                                              41                       38                   37                 29                        145
 Consumer Specialties                                                                       42                       47                   35                 41                        165
 Industrial Specialties                                                                     15                        3                   17                  9                         44
 Acetyl Intermediates                                                                      103                      120                  126                107                        456
 Other Activities 1                                                                        (45)                     (56)                 (43)               (46)                      (190)
Total                                                                                      156                      152                  172                140                        620


Equity Earnings and Other Income/(Expense) 2
 Advanced Engineered Materials                                                              14                       14                   14                 13                        55
 Consumer Specialties                                                                        -                       22                    -                  2                        24
 Industrial Specialties                                                                      -                       (1)                   -                  -                        (1)
 Acetyl Intermediates                                                                        7                       15                   18                 23                        63
 Other Activities 1                                                                          3                       (3)                  10                 12                        22
Total                                                                                       24                       47                   42                 50                       163


Other Charges and Other Adjustments 3
 Advanced Engineered Materials                                                              (2)                      (2)                   -                 (1)                          (5)
 Consumer Specialties                                                                        -                        -                    -                  -                            -
 Industrial Specialties                                                                      1                       10                    3                  2                           16
 Acetyl Intermediates                                                                       12                       14                   10                 16                           52
 Other Activities 1                                                                         13                       15                    3                 (2)                          29
Total                                                                                       24                       37                   16                 15                           92

Depreciation and Amortization Expense
 Advanced Engineered Materials                                                              16                       16                   16                 17                        65
 Consumer Specialties                                                                       11                        9                    9                 10                        39
 Industrial Specialties                                                                     14                       15                   16                 14                        59
 Acetyl Intermediates                                                                       23                       32                   23                 23                       101
 Other Activities 1                                                                          1                        2                    2                  -                         5
Total                                                                                       65                       74                   66                 64                       269

Operating EBITDA*
 Advanced Engineered Materials                                                              69                       66                   67                 58                        260
 Consumer Specialties                                                                       53                       78                   44                 53                        228
 Industrial Specialties                                                                     30                       27                   36                 25                        118
 Acetyl Intermediates                                                                      145                      181                  177                169                        672
 Other Activities 1                                                                        (28)                     (42)                 (28)               (36)                      (134)
Total                                                                                      269                      310                  296                269                      1,144
*Quarterly earnings for the discontinued Edmonton Methanol                                   14                       12                   10                 16                          52
operations have been included in Other Charges and Other Adjustments.


Oxo Alcohol Divestiture**                                                                    -                        -                   26                 39                         65
Total Operating EBITDA - as reported                                                       269                      310                  322                308                      1,209
**For comparative purposes. The Oxo Alcohol Divestiture was reflected as a discontinued operation for the three months ended March 31, 2006 and June 30, 2006
in conjunction with reporting the results for the first and second quarter of 2007.

1
    Other Activities primarily includes corporate selling, general and administrative expenses and the results from captive insurance companies.
2
    Includes equity earnings from affiliates, dividends from cost investments and other income/(expense).
3
    Excludes adjustments to minority interest, net interest, taxes, depreciation, amortization and discontinued operations.
Table 1

Segment Data and Reconciliation of Operating Profit (Loss) to Operating EBITDA - a Non-U.S. GAAP Measure - Unaudited


                                                                                        Three Months Ended                             Six Months Ended
                                                                                    March 31,         June 30,                              June 30,
(in $ millions)                                                                       2007              2007                                  2007
Net Sales
 Advanced Engineered Materials                                                                  262                       257                          519
 Consumer Specialties                                                                           269                       281                          550
 Industrial Specialties                                                                         346                       355                          701
 Acetyl Intermediates                                                                           839                       834                        1,673
 Other Activities 1                                                                               1                        (5)                          (4)
 Intersegment eliminations                                                                     (162)                     (166)                        (328)
Total                                                                                         1,555                     1,556                        3,111

Operating Profit (Loss)
 Advanced Engineered Materials                                                                   36                            32                       68
 Consumer Specialties                                                                            48                            48                       96
 Industrial Specialties                                                                          12                            (1)                      11
 Acetyl Intermediates                                                                           132                            91                      223
 Other Activities 1                                                                             (22)                          (99)                    (121)
Total                                                                                           206                            71                      277


Equity Earnings and Other Income/(Expense) 2
 Advanced Engineered Materials                                                                    14                          16                           30
 Consumer Specialties                                                                              -                          35                           35
 Industrial Specialties                                                                            -                           -                            -
 Acetyl Intermediates                                                                              5                          18                           23
 Other Activities 1                                                                                4                          (2)                           2
Total                                                                                             23                          67                           90


Other Charges and Other Adjustments 3
 Advanced Engineered Materials                                                                     -                        5                               5
 Consumer Specialties                                                                              1                        8                               9
 Industrial Specialties                                                                            -                       19                              19
 Acetyl Intermediates                                                                             46                       11                              57
 Other Activities 1                                                                                4                       72                              76
Total                                                                                             51                      115                             166

Depreciation and Amortization Expense
 Advanced Engineered Materials                                                                    17                          17                           34
 Consumer Specialties                                                                             11                          13                           24
 Industrial Specialties                                                                           14                          16                           30
 Acetyl Intermediates                                                                             24                          26                           50
 Other Activities 1                                                                                2                           1                            3
Total                                                                                             68                          73                          141

Operating EBITDA*
 Advanced Engineered Materials                                                                   67                        70                             137
 Consumer Specialties                                                                            60                       104                             164
 Industrial Specialties                                                                          26                        34                              60
 Acetyl Intermediates                                                                           207                       146                             353
 Other Activities 1                                                                             (12)                      (28)                            (40)
Total                                                                                           348                       326                             674
*Quarterly earnings for the discontinued Edmonton Methanol                                        33                           (2)                         31
operations have been included in Other Charges and Other Adjustments.

1
    Other Activities primarily includes corporate selling, general and administrative expenses and the results from captive insurance companies.
2
    Includes equity earnings from affiliates, dividends from cost investments and other income/(expense).
3
    Excludes adjustments to minority interest, net interest, taxes, depreciation, amortization and discontinued operations.

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cel_resegmentation_quarterly_summary

  • 1. Table 1 Segment Data and Reconciliation of Operating Profit (Loss) to Operating EBITDA - a Non-U.S. GAAP Measure - Unaudited Three Months Ended Twelve Months Ended March 31, June 30, September 30, December 31, December 31, (in $ millions) 2005 2005 2005 2005 2005 Net Sales Advanced Engineered Materials 239 223 212 213 887 Consumer Specialties 212 219 208 200 839 Industrial Specialties 206 263 305 286 1,060 Acetyl Intermediates 690 707 731 783 2,911 Other Activities 1 12 8 6 6 32 Intersegment eliminations (95) (99) (113) (153) (460) Total 1,264 1,321 1,349 1,335 5,269 Operating Profit (Loss) Advanced Engineered Materials 39 5 18 (2) 60 Consumer Specialties 24 27 21 56 128 Industrial Specialties - 5 5 (14) (4) Acetyl Intermediates 143 121 76 146 486 Other Activities 1 (83) (33) (38) (30) (184) Total 123 125 82 156 486 Equity Earnings and Other Income/(Expense) 2 Advanced Engineered Materials 12 16 15 11 54 Consumer Specialties - 2 (2) 3 3 Industrial Specialties - - - - - Acetyl Intermediates 12 (10) 32 35 69 Other Activities 1 (8) 18 (2) 5 13 Total 16 26 43 54 139 Other Charges and Other Adjustments 3 Advanced Engineered Materials 1 20 4 6 31 Consumer Specialties 1 - 10 (24) (13) Industrial Specialties - 2 8 1 11 Acetyl Intermediates 19 11 15 (30) 15 Other Activities 1 45 (10) 2 3 40 Total 66 23 39 (44) 84 Depreciation and Amortization Expense Advanced Engineered Materials 15 14 13 18 60 Consumer Specialties 12 12 7 11 42 Industrial Specialties 12 11 7 17 47 Acetyl Intermediates 17 24 35 34 110 Other Activities 1 2 2 4 1 9 Total 58 63 66 81 268 Operating EBITDA* Advanced Engineered Materials 67 55 50 33 205 Consumer Specialties 37 41 36 46 160 Industrial Specialties 12 18 20 4 54 Acetyl Intermediates 191 146 158 185 680 Other Activities 1 (44) (23) (34) (21) (122) Total 263 237 230 247 977 *Quarterly earnings for the discontinued Edmonton Methanol 18 10 4 3 35 operations have been included in Other Charges and Other Adjustments. Oxo Alcohol Divestiture 22 28 22 9 81 Total Operating EBITDA - as reported 285 265 252 256 1,058 1 Other Activities primarily includes corporate selling, general and administrative expenses and the results from captive insurance companies. 2 Includes equity earnings from affiliates, dividends from cost investments and other income/(expense). 3 Excludes adjustments to minority interest, net interest, taxes, depreciation, amortization and discontinued operations.
  • 2. Table 1 Segment Data and Reconciliation of Operating Profit (Loss) to Operating EBITDA - a Non-U.S. GAAP Measure - Unaudited Three Months Ended Twelve Months Ended March 31, June 30, September 30, December 31, December 31, (in $ millions) 2006 2006 2006 2006 2006 Net Sales Advanced Engineered Materials 231 230 230 224 915 Consumer Specialties 216 223 213 224 876 Industrial Specialties 311 326 335 309 1,281 Acetyl Intermediates 809 839 872 831 3,351 Other Activities 1 5 6 5 6 22 Intersegment eliminations (152) (167) (184) (164) (667) Total 1,420 1,457 1,471 1,430 5,778 Operating Profit (Loss) Advanced Engineered Materials 41 38 37 29 145 Consumer Specialties 42 47 35 41 165 Industrial Specialties 15 3 17 9 44 Acetyl Intermediates 103 120 126 107 456 Other Activities 1 (45) (56) (43) (46) (190) Total 156 152 172 140 620 Equity Earnings and Other Income/(Expense) 2 Advanced Engineered Materials 14 14 14 13 55 Consumer Specialties - 22 - 2 24 Industrial Specialties - (1) - - (1) Acetyl Intermediates 7 15 18 23 63 Other Activities 1 3 (3) 10 12 22 Total 24 47 42 50 163 Other Charges and Other Adjustments 3 Advanced Engineered Materials (2) (2) - (1) (5) Consumer Specialties - - - - - Industrial Specialties 1 10 3 2 16 Acetyl Intermediates 12 14 10 16 52 Other Activities 1 13 15 3 (2) 29 Total 24 37 16 15 92 Depreciation and Amortization Expense Advanced Engineered Materials 16 16 16 17 65 Consumer Specialties 11 9 9 10 39 Industrial Specialties 14 15 16 14 59 Acetyl Intermediates 23 32 23 23 101 Other Activities 1 1 2 2 - 5 Total 65 74 66 64 269 Operating EBITDA* Advanced Engineered Materials 69 66 67 58 260 Consumer Specialties 53 78 44 53 228 Industrial Specialties 30 27 36 25 118 Acetyl Intermediates 145 181 177 169 672 Other Activities 1 (28) (42) (28) (36) (134) Total 269 310 296 269 1,144 *Quarterly earnings for the discontinued Edmonton Methanol 14 12 10 16 52 operations have been included in Other Charges and Other Adjustments. Oxo Alcohol Divestiture** - - 26 39 65 Total Operating EBITDA - as reported 269 310 322 308 1,209 **For comparative purposes. The Oxo Alcohol Divestiture was reflected as a discontinued operation for the three months ended March 31, 2006 and June 30, 2006 in conjunction with reporting the results for the first and second quarter of 2007. 1 Other Activities primarily includes corporate selling, general and administrative expenses and the results from captive insurance companies. 2 Includes equity earnings from affiliates, dividends from cost investments and other income/(expense). 3 Excludes adjustments to minority interest, net interest, taxes, depreciation, amortization and discontinued operations.
  • 3. Table 1 Segment Data and Reconciliation of Operating Profit (Loss) to Operating EBITDA - a Non-U.S. GAAP Measure - Unaudited Three Months Ended Six Months Ended March 31, June 30, June 30, (in $ millions) 2007 2007 2007 Net Sales Advanced Engineered Materials 262 257 519 Consumer Specialties 269 281 550 Industrial Specialties 346 355 701 Acetyl Intermediates 839 834 1,673 Other Activities 1 1 (5) (4) Intersegment eliminations (162) (166) (328) Total 1,555 1,556 3,111 Operating Profit (Loss) Advanced Engineered Materials 36 32 68 Consumer Specialties 48 48 96 Industrial Specialties 12 (1) 11 Acetyl Intermediates 132 91 223 Other Activities 1 (22) (99) (121) Total 206 71 277 Equity Earnings and Other Income/(Expense) 2 Advanced Engineered Materials 14 16 30 Consumer Specialties - 35 35 Industrial Specialties - - - Acetyl Intermediates 5 18 23 Other Activities 1 4 (2) 2 Total 23 67 90 Other Charges and Other Adjustments 3 Advanced Engineered Materials - 5 5 Consumer Specialties 1 8 9 Industrial Specialties - 19 19 Acetyl Intermediates 46 11 57 Other Activities 1 4 72 76 Total 51 115 166 Depreciation and Amortization Expense Advanced Engineered Materials 17 17 34 Consumer Specialties 11 13 24 Industrial Specialties 14 16 30 Acetyl Intermediates 24 26 50 Other Activities 1 2 1 3 Total 68 73 141 Operating EBITDA* Advanced Engineered Materials 67 70 137 Consumer Specialties 60 104 164 Industrial Specialties 26 34 60 Acetyl Intermediates 207 146 353 Other Activities 1 (12) (28) (40) Total 348 326 674 *Quarterly earnings for the discontinued Edmonton Methanol 33 (2) 31 operations have been included in Other Charges and Other Adjustments. 1 Other Activities primarily includes corporate selling, general and administrative expenses and the results from captive insurance companies. 2 Includes equity earnings from affiliates, dividends from cost investments and other income/(expense). 3 Excludes adjustments to minority interest, net interest, taxes, depreciation, amortization and discontinued operations.