Integrated Annual Report 2016
Together
creating value for all
  • Compare to last year

    Compare
  • View our reporting tools

    Report tools

Summarised consolidated statement of comprehensive income and other comprehensive income

for the year ended 31 December 2016

      Group  
  Notes   2016
Rm
  2015
Rm
 
Revenue     32 737   31 141  
Raw materials and consumables used     (19 454)   (19 183)  
Employee costs     (4 175)   (4 027)  
Energy     (3 981)   (3 824)  
Movement in inventories of finished goods and work-in-progress     973   (457)  
Depreciation     (1 030)   (1 346)  
Amortisation of intangible assets     (25)   (23)  
Other operating expenses     (6 137)   (7 017)  
Loss from operations 2   (1 092)   (4 736)  
B-BBEE charges     (870)    
Finance and investment income     176   175  
Finance costs     (876)   (1 208)  
Impairment of other assets     (11)   (310)  
Impairment of property, plant, equipment and intangible assets 3   (2 143)   (3 944)  
Income after tax from equity-accounted investments     129   195  
Loss before taxation     (4 687)   (9 828)  
Income taxation (expense)/credit     (19)   1 193  
Loss for the year     (4 706)   (8 635)  
Other comprehensive (loss)/income     (554)   1 330  
Items that may be reclassified subsequently to profit or loss            
   Exchange differences on translation of foreign operations     (618)   1 232  
   Income on available-for-sale investment taken to equity     1   19  
   Share of other comprehensive income of equity-accounted investments     63   79  
Total comprehensive loss for the year     (5 260)   (7 305)  
Loss attributable to:            
Owners of the company     (4 706)   (8 635)  
Total comprehensive loss attributable to:            
Owners of the company     (5 260)   (7 305)  
Attributable loss per share (cents)            
– Basic 4   (443)   (2 152)  
– Diluted 4   (443)   (2 152)  

© ArcelorMittal 2017