OREANDA-NEWS. On April 04, 2007 Novolipetsk Steel (NLMK) (LSE: NLMK) announced 2006 Russian Accounting Standards (RAS) financial results for the Group’s major Russian companies, reported the press-centre of  NLMK. The filing of RAS accounting results is a Russian regulatory requirement. In addition, NLMK has been preparing financial reports in accordance with US GAAP accounting standards since 1998. RAS accounting results differ materially from US GAAP accounting results and are not comparable to financial statements prepared in accordance with US GAAP. The RAS accounting results of the Group’s major Russian companies are not indicative of the financial condition or results of these entities under US GAAP. Reference should only be made to consolidated financial statements prepared in accordance with US GAAP for information with respect to NLMK Group’s financial condition and results of operations.